At Bank of the West, our people are
having a positive impact on the world. We’re investing where we feel we can
make the most impact, like advancing diversity and women entrepreneurship
programs, financing for more small businesses, and promoting programs for
sustainable energy. From our locations across the U.S., Bank of the West is
taking action to help protect the planet, improve people’s lives, and
strengthen communities. We are part of BNP Paribas, a global leader supporting
the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank
for a changing world, we are continually seeking to improve the ways we help
our customers, while contributing to more sustainable and equitable growth.
Delivers subject matter expertise
inspecting investigations of complex suspicious activity cases, delivers
subject matter expertise inspecting Customer Due Diligence (“CDD”) and Enhanced
Due Diligence (“EDD”) work products, and delivers subject matter expertise
inspecting Currency Transaction Reports and Currency Transaction Reporting
Exemptions. Responsible for reviewing
the preparation of and filing Suspicious Activity Reports (“SAR”) on behalf of
the Bank by ensuring work product reflects sound judgment and strong adherence
to the procedures associated with producing and filing SARs. Conducts timely inspection activities to
verify that all regulatory requirements and/or Bank policies and procedures are
being met, together with completion of CDD/EDD, Currency Transaction Reporting
and Exemptions. The Operations Inspection Specialist is also responsible for
helping the manager to coach and mentor staff utilizing strong subject matter
expertise and problem solving/analytic skills
- Inspects the investigation, analysis and documentation
of alerts and/or complex cases pertaining to cash structuring,
transactions involving bank designated high risk countries (HRC), wire
transfers, commercial loan payments, and reports from branches or business areas regarding guidelines and
timeframes; and/or inspects the performance and documentation of customer
due diligence (CDD) and enhanced due diligence (EDD) reviews; and/or
inspects the performance and documentation of Currency Transaction Reports
(CTR) and Exemptions.
2. Assist team managers in coaching and
mentoring the staff as well as providing subject matter expertise and guidance
to team regarding quality key performance indicators in BSA Investigations,
CDD/EDD and CTR work products.
3. Inspects Suspicious Activity Reports
(SARs) for submission to FinCEN and other appropriate law enforcement or
regulatory agencies which may include 314b analysis and review as well as
fulfillment of law enforcement requests.
4. Compiles data, and maintains records
and files necessary to assure efficient and consistent reporting of inspections
of BSA Operations work product.
5. Ability to interpret technical
procedures, government regulations, and complex and sophisticated business
documents such as financial statements, invoices, trade finance documentation,
and letters of credit.
6. Ability to prepare and/or oversee
the preparation of MIS reporting for management.
7. Ability to identify (and make
judgment of) areas of significant risk and/or systemic issues and make process
improvement recommendations to senior management.
8. Ability to develop and maintain
policies and procedures for department productions processes and/or department
9. Ability to coach and provide
guidance and support to staff/peers.
10. Performs other duties as assigned.
- High School Diploma or GED required
- Associate’s, Bachelor’s, Master’s/Advanced Degree
- Preferred license(s) or certification(s): CAMS, CFCS,
CFE, or other industry-recognized certification
Field of Experience
Required: 10+ years total financial services related work
experience and 5+ years with BSA/AML, CDD or EDD, and / or conducting and
managing financial investigations and/or research such as bank operations,
corporate security, compliance, and legal areas including criminal and/or civil
litigation, researching, comprehensive reporting and documentation, and pattern
Preferred: 7+ years’ experience investigating complex
financial crimes and/or BSA violations in a financial institution and/or law
Strong knowledge of AML processes, communication of, and
adherence to, the procedures of AML compliance functions knowledge is critical
to both conducting SAR determinations and / or conducting CDD reviews.
Thorough knowledge of investigative techniques including
transaction analysis, evidence gathering and demonstrated research and/or
pattern recognition skills
Detailed analytical and research skills including use of
online research tools and report writing
Ability to work independently and display initiative
Detailed planning and organizing skills
Ability to follow specific goals and meet required deadlines
Meaningful AML investigations experience; quality and depth
of experience is more important than number of years of experience
of the West is an Equal Opportunity employer and proud to provide equal
employment opportunity to all job seekers without regard to any status
protected by applicable law. Bank of
the West is also an Affirmative Action employer Minority / Female / Disabled /
of the West will consider for employment qualified applicants with criminal
histories pursuant to the San Francisco Fair Chance Ordinance subject to the
requirements of all state and federal laws and regulations.