Bank of the West KYC Operations- Supervisor (Recertification) in Tempe, Arizona
KYC Operations- Supervisor (Recertification)
What sets Bank of the West apart from other banks is our
team members–they embody the optimistic spirit of the West. There is a spirit
here that drives us to do more. Our team of more than 10,000 employees is vital
to the success of our Bank. They reflect our modern western
values—straightforward, entrepreneurial and optimistic. We seek to create a
corporate culture that fosters and rewards excellence, encourages creative
thinking and respects diversity – an environment where team members are
engaged, supportive of one another and enthusiastic about serving our
customers. Bank of the West offers the stability of a company that has a 135
year history and is part of BNP Paribas, a European leader in global banking
and financial services and one of the 6 strongest banks in the world. We offer
opportunities across our diverse business lines – Retail Banking, Commercial
Banking, National Finance, and Wealth Management.
Job Description Summary
Responsible for overseeing the efficient execution of
centralized compliance functions and practices at the group or corporate level.
Identifies and remains abreast of laws, regulations and regulatory guidance
related to a specific regulation (i.e., AML, OFAC, Fair Lending, or other
Banking regulation). Ensures centralized operational practices are accurately
documented in procedures to transparently demonstrate satisfaction of
compliance rules. This includes monitoring the compliance and operational
control process, all while ensuring that the business activities are performed
in accordance with applicable laws, regulations and best practices.
Essential Job Functions
a team of staff responsible for regulatory and/or program activities related to
and provides MIS and reporting resulting from monitoring or program activities.
and tracks recommendations for enhancements to policies, processes, procedures
or controls from external examinations, internal audits or compliance testing.
subject matter guidance to implement changes to polices, processes, procedures
projects or ongoing control process or continuous monitoring process relating
to controls that ensure compliance with one or more regulatory requirement
and coordinates with internal audit and Corporate Compliance Testing within
position’s area of focus.
customer due diligence and high risk reviews according to the bank’s BSA/AML
policy and procedures.
that decisions to retain or exit a customer relationship align with supporting
documentation submitted for each high risk customer type, and with appropriate
research conducted during the high risk review process.
toward creating efficient solutions to challenges that impact the overall team,
while maintaining a focus on productivity
Other Job Duties
other duties and responsibilities, as assigned
Qualifications - External Required Experience
practical knowledge in leading and managing the execution of processes,
projects and tactics within one area
has advanced knowledge and skills within a specific technical or professional
discipline with understanding of the impact of work on other areas of the
with customer outreach, telephone etiquette, and ability to establish rapport
with customers by phone
and maintain effective working relationships with Bank field Relationship
Managers and/or Retail Branch contacts
Bachelor's Degree or Equivalent work experience
Corporate Compliance - BSA/AML- Manages staff of employees
responsible for the verification of required Know Your Customer (KYC) documentation, , customer
identification/validation case investigations, Office of Foreign Assets
Controls (OFAC) validation reporting, , , customer risk assessment, due
diligence and enhanced due diligence, and Customer Identification (CIP)
for managing the efficient execution of centralized compliance functions at a
corporate level relating specifically to Anti-Money Laundering (AML) and Office
of Foreign Assets Control Sanctions (OFAC) operations.
The role also coordinates with business unit functions with
regard to ensuring the completeness and the validation of customer records in
compliance with Bank requirements
Knowledge of Customer Identification Program (CIP)
compliance requirements Analytical and Research
Thorough knowledge of Bank deposit account procedures as they apply to account
opening processes and requirements
Banking Services Group (BSG)- Ensuring Level 1 Controls
related to Regulatory and Operational Risks within the line of business are
defined and executed. Methodologies for a permanent control framework in the
line of business
the coordination with different bank compliance and internal control streams
- Line of
business entity and unit level compliance and operations control assessments
the preparation and distribution of regular/special management reports on
regulatory and operational risk compliance and the department’s activities.
data compiled for analysis or dashboards
staff maintains current knowledge of operational risk management and regulatory
compliance requirements for financial institutions
a strong knowledge of industry best practices and systems Equal Employment
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
Location: United States-Arizona-Tempe
Requisition ID: 038062