Controls & Governance Officer (1st Line of Defense Risk and Compliance)
We are currently seeking qualified, motivated talent to be responsible for ensuring that the Corporate Security’s policies, procedures and practices align with Bank of the West 1st line of defense Risk and Compliance requirements and providing challenge for continuous enhancements of Corporate Security’s 1st line of defense set-up. Acts as a resource for control questions and issues arising from operations procedures, and monitoring of operational risk functions
- Develops and provides reporting resulting from monitoring or program activities. Compiles data for analysis or dashboards.
Monitors and tracks recommendations for enhancements to policies, processes, procedures or controls from external examinations, internal audits or compliance testing.
Provides subject matter guidance to implement changes to polices, processes, procedures or controls.
Oversees projects, ongoing processes or continuous monitoring processes relating to controls that ensure compliance with one or more regulatory requirement.
Interacts with external examiners and coordinates with internal audit and Corporate Compliance Testing within position’s area of focus.
Executes self-assessment programs and centralized reviews of effectiveness and efficiency of the Corporate Security internal controls. Includes independent testing, documentation, objective evaluation, verbal discussion and reporting.
Manages own work assignments under general supervision to complete self-assessments and other reviews/projects as assigned. Is knowledgeable about industry best practices and systems.
Maintains current knowledge of related banking activities, operational risk management and regulatory compliance requirements for financial institutions.
Attends professional seminars and participates in Bank risk management and regulatory compliance forums.
Prepares and distributes after supervisor review Assessment Reports and conducts closing conferences.
Participates as requested in Corporate Security Committees/Work Groups along with other Business Team members. Identifies, researches, and reports issues to the committee in order to resolve as appropriate. Effectively contributes in implementing new Corporate Security procedures.
- Assists in developing and maintaining department policies and procedures in support of the Bank's Integrated Operational Risk Framework and/or industry best practices.
- Performs other duties as assigned
- Requires advanced knowledge of job area typically obtained through advanced education combined with experience.
- May have practical knowledge of project management.
- Requires 3-5 years minimum prior relevant experience.
- Good knowledge of banking operational risk management and industry practices.
- Good knowledge of banking and related laws and regulations
Good knowledge of bank security activities, including physical security, fraud, investigations and business continuity
Good knowledge of bank operations activities, from both a branch and centralized function aspect
Experience in developing, writing, and communicating policies and procedures helpful
Prior audit or regulatory compliance experience helpful
Certification (CPA, CIA, CBA, and/or CFE) helpful.
Equal Employment Opportunity Policy
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.