Bank of the West Senior Auditor II- Wealth Management & Trust in Omaha, Nebraska
Senior Auditor II- Wealth Management & Trust
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
The Inspection Group, as the Bank’s periodic control function and the Bank’s third line of defense, independently assesses the effectiveness of the permanent control function (i.e., first and second lines of defense) to identify, measure, monitor, and control risks.
A primary focus for this position will be to contribute to the audit execution covering the end-to-end processes of auditable entities within Compliance, Finance, Wealth Management, Retail, and Operations with a particular focus on Wealth Management and Trust activities within the Bank. The individual will work closely with audit assignment team members to complete each phase of the audit. This will entail documenting walk-throughs of in-scope processes; assessing the sufficiency and suitability of controls to mitigate the risks; developing audit procedures; testing the operating effectiveness and sustainability of controls; and drafting findings and associated recommendations to address the identified gaps in the control environment. The individual will have regular interactions with team members, process / control owners, and management of business units. The Senior Auditor II will be reporting to an Audit Director of Compliance, Finance, Wealth Management, Retail, and Operations.
Essential Job Functions
Reviews and assesses the Bank’s Wealth Management and Trust processes as well as processes of other auditable entities within the broader Compliance, Finance, Wealth Management, Retail, and Operations team
Develops a risk-based approach covering Compliance, Finance, Wealth Management, Retail, and Operations with a particular focus on Wealth Management and Trust processes within the Bank
Demonstrates a strong ability to develop and execute assigned audit testing procedures accurately, timely, and with minimal supervision
Supports the Head of Assignment by assisting with audit scoping, planning, evaluating, and reporting
Contributes to the completion of continuous monitoring activities for assigned auditable entities and escalates matters that may impact the timing of the next audit assignments
Prepares and updates risk assessments for assigned auditable entities for supervisory review
Validates the sufficiency and suitability of business corrective actions to address audit recommendations for supervisory review
Exhibits effective written and verbal communication skills with all levels of management
Possesses an understanding of audit, risk, compliance, banking, and/or product knowledge
Executes audit work in accordance with BNPP Inspection Générale and the Bank of the West Inspection Group policies and procedures
Performs other duties as assigned
Requires 5 years minimum prior relevant experience in Audit and/or Risk Management
Requires solid knowledge of audit, Wealth Management, and Trust administration and operations obtained through advanced education combined with experience
May have broad knowledge of project management
Bachelor’s Degree in applicable and related field (Required)
Licenses/Certifications: CFIRS (Certified Fiduciary Investment and Risk Specialists), CIA, CISA, CPA, CAMS, and/or CRCM (Preferred)
Primary focus of role is on day-to-day execution of assigned areas of audit responsibilities and demonstrates the ability to take on additional responsibilities
Maintains current on industry developments affected areas of assigned responsibilities
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-California-San Ramon
Other Locations: United States-Nebraska-Omaha
Requisition ID: 056294