Bank of the West Sr Controls & Governance Officer Consumer Real Estate Services in Lansing, Michigan
Sr Controls & Governance Officer Consumer Real Estate Services
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 taking a lead role in ensuring that the assigned business unit policies, procedures and practices align with Bank of the West 2nd line of defense Op Risks and Compliance requirements and providing challenge for continuous enhancements of the Business Unit 1st line of defense set-up.
Essential Job Functions
To coordinate and support Business Groups in implementing any Compliance, Operational Risk and Permanent Control assessment (RCRA, RCSA), program or initiative. Manage the scope and calendar, facilitate the assessments and implementation of related changes, ensure action plan follow-up.
To work with the assigned Business Group affected by changing laws, regulations or policies to ensure that appropriate changes are implemented
To support the assigned Business Group to respond to Regulatory / Audit inquiries and coordinate evidence gathering
To coordinate the risks identification and action plan follow-up
To coordinate production and distribution of processes and procedures/policies confirming compliance with internal and external requirements, including 2LOD and BNPP where applicable
To coordinate the performance of controls and reporting, and to perform testing if required
To coordinate and promote the identification and recording of historical operational risk incidents
To contribute to any Compliance, Internal Control and Operational Risk statement/reporting
Other Job Duties
To identify and report escalation alerts on issues related to Compliance, Operational Risk and Permanent Control
To work in close collaboration, liaise with Compliance, Risk, Regulatory Relations, and Audit team – and contribute to 1st LOD governance structure
Disseminate Compliance information and requirements
Performs other duties as assigned.
Requires deep knowledge of job area typically obtained through advanced education combined with experience.
Typically viewed as a specialist within discipline.
May have broad knowledge of project management.
Requires 5-7 years minimum prior relevant experience.
- Bachelor's Degree Business Administration or related field
To be the main point of contact and interface in CRES for Compliance and Risk 2LOD, Audit 3LOD and Reg Relations regarding the management of all audits and their related issues/findings.
To work directly with RBG 1LOD facilitating various compliance, regulatory, risk or other projects as needed.
To coordinate and support Business Groups in managing their issues and findings, whether self-identified or assigned by internal or external parties.
To work with the assigned Business Group affected by audit results to ensure that appropriate responsible parties are identified and that remediation plans are implemented by the agreed upon due dates.
To support the assigned Business Group to respond to Regulatory / Audit inquiries and coordinate evidence gathering.
To coordinate and promote the identification and recording of self-identified issues.
To identify and report escalation alerts early enough on any findings or issues that bear the risk of being remediated late or not being remediated satisfactorily.
To work in close collaboration, liaise with Compliance, Risk, Audit and Reg Relations teams, and contribute to 1st LOD governance structure, organization and efficiency regarding the management of issues and findings.
Performs other duties as assigned.
CRES: Consumer Real Estate Services
Strong knowledge of residential real estate lending
Products, policies, and procedures
Strong knowledge of residential real estate rules and regulations
Federal and state regulatory requirements
Agency (FHA, VA, RHS, etc.) Guidelines
Investor (FNMA, GNMA, etc.) Guidelines
Strong knowledge of operational risk assessment and reporting
Operational Risk Framework and industry best practices
Self-Assessment methodology used to evaluate Business Line functions, risks, and controls
Control testing strategies and effectiveness rating criteria
Strong communication skills
Ease for communication, professional presence
Provide challenge to promote continuous enhancements
Strong project management knowledge and experience
Management of Business Line compliance, risk, or inspection programs/initiatives
Clear objectives, task plans, tracking, status reporting and closure
Rigor and accuracy
Proven history of on-time deliverables and deadline management
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.
Job: Risk Management
Location: United States-Nebraska-General NE
Other Locations: United States-Ohio-General OH, United States-Florida-General FL, United States-Georgia-General GA, United States-Missouri-General MO, United States-Iowa-General IA, United States-Kansas-General KS, United States-Minnesota-General MN, United States-Oklahoma-General OK, United States-North Carolina-General NC, United States-Nevada-General NV, United States-Texas-General TX, United States-Utah-General UT, United States-New York-General NY, United States-Wisconsin-General WI, United States-Michigan-General MI, United States-Idaho-General ID, United States-North Dakota-General ND, United States-South Dakota-General SD, United States-Wyoming-General WY, United States-Arizona-General AZ, United States-California-General CA, United States-Illinois-General IL
Requisition ID: 060646