The bank for a changing world

Compliance Testing Officer, Sr

Contract

Full-time

Location

United States-Colorado-Littleton

Job function

Compliance

Reference

026556

What sets Bank of the West apart from other banks is our team members–they embody the optimistic spirit of the West. There is a spirit here that drives us to do more. Our team of more than 10,000 employees is vital to the success of our Bank. They reflect our modern western values—straightforward, entrepreneurial and optimistic. We seek to create a corporate culture that fosters and rewards excellence, encourages creative thinking and respects diversity – an environment where team members are engaged, supportive of one another and enthusiastic about serving our customers. Bank of the West offers the stability of a company that has a 135 year history and is part of BNP Paribas, a European leader in global banking and financial services and one of the 6 strongest banks in the world. We offer opportunities across our diverse business lines – Retail Banking, Commercial Banking, National Finance, and Wealth Management.

 

 Position Summary

 

Responsible for managing Compliance Review including: formal examination programs designed to assess the effectiveness of the regulatory compliance programs and adherence, project planning, Compliance Review execution, and any needed follow-up to ensure remediation of any identified regulatory weaknesses.

 

Position Accountabilities

  • Designs, Plans and Leads Compliance Reviews (Monitoring and Testing) to assess the effectiveness of the bank’s practices used to ensure legal and regulatory compliance.
  • Manages a Compliance Monitoring and Test Team assigned to a geographical area, a business line or a product family.
  • Acts as a subject matter expert for the “regulatory compliance programs” within the team’s scope of responsibility.
  • Researches regulatory law, recent or proposed changes, guidance and interpretations as part of the Compliance Review planning process.
  • writes Compliance Assessment Reports for senior and executive management that summarizes the scope of work performed, findings, and any regulatory exceptions.
  • Participates in the Regulatory Risk Assessment process that identifies and maintains the bank list of high, medium and low risk legal and regulatory obligations.
  • May participate in the development of Compliance standards, policies and practices.
  • Performs other duties as assigned.

 


Required Education or Equivalent Experience

  • Bachelor’s Degree Required

 

Required Experience

  • Years of functional/professional experience: 7+ years
  • Years of supervisory or managerial experience: 5+ years
  • Alternative:  Combination of education and experience (years /description): Experience in regulatory compliance examination or supervision.  CRCM preferred.

 

Field of Experience

  •  Experience with business and data analysis related to data quality issues
  • Experience with developing and delivering targeted training to business users
  •   Experience with a complex source data system environment and ability to understand and document complex data flows
  • Exceptional project management, prioritization, and planning skills, with demonstrated success producing high-quality deliverables 

Bank 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 / Veteran.

 

Bank 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.