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Bank of the West BSA/AML Compliance Testing Officer - Commercial & Wealth in Omaha, Nebraska

BSA/AML Compliance Testing Officer - Commercial & Wealth


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.

Position Summary:

Seasoned professional contributor responsible for performing “audit-like” testing that Bank of the West (BOW) and its subsidiary Banc West Investments Services (BWIS) comply with 1) United States of America, 2) BNP Paribas, and 3) BOW requirements for Commercial & Wealth Management related to Bank Secrecy Act, Anti-Money Laundering, and Sanctions. Works independently with limited supervision, anticipates and implements changes to the testing plans as a result of changes in the Bank’s business environment including regulatory changes. May be responsible for providing guidance, coaching and training to other employees within job area. May manage projects requiring the responsibility of delegating work and reviewing resulting work product. Communicates with parties within and outside of own job function. Adapts well to and embraces change.

Position Accountabilities

  1. Independently performs assigned BSA testing activities for Commercial and Wealth Management business units under the supervisor of Sr. Compliance Tester and/or Compliance Testing Manager guidance.

  2. Performs assigned testing activities within budgeted project hours including cross team engagements and adheres to established timelines for testing assignments.

  3. Performs testing activities accurately, thoroughly, and following work paper protocols in accordance with the BOW Compliance Independent Testing Standard, Operations Manual, Generic Controls Points/Fundamental Monitoring Points requirements, and the Combined US Operation/Intermediate Holding Company Compliance Testing Standards.

  4. Adheres to the established service level agreements, and any promised timelines in order to provide high value service to business partners.

  5. Contributes to team process enhancements through sharing of innovative ideas. Also, adapts to and executes process improvements timely.

  6. Develops and maintains core technical and soft skills (e.g., systems, leadership, people management, planning and organizing, communication, job knowledge and problem solving).

  7. Prepares and presents written information in a clear, concise, grammatically correct, and convincing manner.

  8. Demonstrates and influences others with a positive attitude in the work place and accepts accountability.

  9. Responds timely to internal or external requests for information, analysis and/or advisory testing services.

  10. Achieve objectives within constraints.


Required Education or Equivalent Experience

  • Bachelor’s Degree required

  • ACAMS certification preferred

Required Experience

  • 5 - 7 years of experience in banking or other financial institution setting, with a focus on enterprise risk management, compliance risk management, or Internal Audit;

  • Demonstrated expertise of compliance and risk management principles related to banking laws, rules, regulations, and best practices related to commercial and wealth management (including personal trusts and investment management) and institutional trust and custody services

  • Strong knowledge of the Bank Secrecy Act, USA PATRIOT Act, OFAC/Sanctions and FFIEC Examination Manual

  • Comprehensive knowledge of FINRA, SEC, MSRB, and state regulations.

Desired Experience and Attributes

  • Strong knowledge of general banking with an understanding of commercial banking activities, and/or trust, fiduciary and investment laws and regulations

  • Familiarity with corrective action and other control remediation process;

  • Strong writing and comprehension skills;

  • Independent worker; ability to multi-task and work in a fast-paced environment;

  • Strong interpersonal skills for coordination/liaison functions;

  • Proficiency with Microsoft Office Products Word, Excel, PowerPoint;

  • Working knowledge of data analytics tool (i.e. ACL) preferred but not required;

  • Ability to manage multiple compliance reviews and projects at the same time and meet timely deadlines;

  • Team player and ability to work collaboratively

  • Language skills - French and or Spanish preferred but not required

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: Compliance

Location: United States-Nebraska-Omaha

Requisition ID: 053651