Bank of the West VP, Compliance Advisory – Volcker, FX and Derivatives. in Fargo, North Dakota
VP, Compliance Advisory – Volcker, FX and Derivatives.
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.
Job Description Summary
Responsible for managing the execution and coordination of the compliance advisory sub function to influence Enterprise business line compliance with policies, laws, regulations, regulatory guidance, and self-regulatory organization rules that apply to the sub function. The Senior Compliance Officer position will provide compliance support, in conjunction with Compliance policy owners, to a specialized niche of regulatory expertise related to capital markets, swap dealing, fixed income, derivatives, and alternative investments.
Oversees compliance advisory of and assistance with assigned sub function laws and regulation to Enterprise Business Units to align with the Bank’s Compliance program.
Utilizes a demonstrated working knowledge Dodd Frank Title VII (CFTC swap dealing) Volcker Rule, MSRB, and French Banking Law regulatory regimes to deploy in working with Bank entities and in liaison with BNP Paribas Group entities for oversight and advisory
Provides regulatory expertise and oversight of capital markets, swap dealing, fixed income, derivatives and alternative investments.
Experience in Compliance Risk Assessments and liaising with Controls & Governance and other 1LOD functions in assessing compliance risk
Advises on and assists with the regulatory application for existing and new products, addresses compliance requirements under the Compliance program framework, and advises 1st LOD on the appropriate controls.
Collaborates with Enterprise Business Line management affected by alterations in business practices to ensure understanding and implementation of new compliance policies and procedures.
Collaborates with Enterprise Business Lines and Designated Compliance Owners to identify issues and monitor corrective action remediation.
Assists with or owns periodic 2nd LOD monitoring to determine effectiveness of Enterprise Business Unit 1st LOD controls.
Prepares status reports and updates for Compliance Management. Ensures reporting is prepared and submitted timely, in coordination with other Compliance Operations Groups.
Performs other duties as assigned.
- Bachelor's Degree Business Administration or related field. Advanced Degree desired but not required.
Work Experience (Required)
5-10 yrs Compliance/Audit/Risk Management experience
Demonstrated knowledge of capital markets, swap dealing, fixed income, derivatives, and/or alternative investments compliance oversight
Proficiency with MS Excel
Additional experience :
Series 7 and/or 63 desired but not required to apply
MS Office and SharePoint proficiency desired.
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.
Location: United States-New York-New York
Other Locations: United States-Iowa-Cedar Rapids, United States-Texas-Dallas, United States-Nevada-Sparks, United States-Ohio-Cleveland, United States-South Dakota-Gettysburg, United States-Missouri-Kansas City, United States-Michigan-General MI, United States-Idaho-Boise, United States-Kansas-Wichita, United States-California-San Francisco, United States-Kansas-Dodge City, United States-Illinois-Chicago, United States-New Mexico-Albuquerque, United States-Oregon-Portland, United States-Utah-Salt Lake City, United States-Oklahoma-Ada, United States-California-City of Industry, United States-Florida-General FL, United States-Oklahoma-Midwest City, United States-North Dakota-Fargo, United States-California-Los Angeles, United States-Georgia-Atlanta, United States-Minnesota-Minneapolis, United States-Minnesota-Bloomington, United States-Nebraska-Omaha, United States-Wyoming-Cheyenne, United States-Washington-Seattle, United States-Oregon-Beaverton, United States-Wisconsin-Glendale, United States-Arizona-Tempe, United States-North Carolina-General NC, United States-Nevada-Las Vegas
Requisition ID: 057255