Bank of the West Principal Vendor Analyst in Pierre, South Dakota
Principal Vendor Analyst
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
This 1 st Line of Defense position as part of the Central Vendor Management team is responsible for developing, maturing, maintaining and executing the framework for the compliance risk assessment program for the Bank’s Third Party Providers (TPPs).
Essential Job Functions
Owns the compliance risk assessment standards in alignment with applicable Bank policies designed to apply appropriate due diligence both during onboarding and through ongoing monitoring to ensure TPPs have an effective control environment to meet regulatory compliance obligations on behalf of the Bank.
Acts as subject matter expert applying knowledge of banking regulations to products/services being offered by TPPs.
Oversee complaint analysis of new TPPs and analyze the TPP’s responses to the compliance risk assessment to determine if the TPP has an appropriate control framework to mitigate the identified compliance risks.
May liaise with other TPP risk assessment teams as appropriate.
Consults with the Business Unit Relationship Manager of the TPP to understand the TPP’s products/services as they apply to the Bank in order to develop an appropriate assessment, analyze results and apply a control effectiveness rating.
May issue findings accordingly. Track and upload all results and artifacts to the Bank’s system of record.
Provides reporting when appropriate to Executive management and supports and interacts with external examiners and internal audit.
As necessary consults with the Bank’s 2 nd line of defense teams including Compliance subject matter experts, Third Party Vendor Management and Legal and escalates any issues appropriately.
15 years combined Compliance/Audit/Vendor Risk Management experience
5 years managerial/supervisory experience
Alternative: Combination of education/experience/training/compliance industry certification (Certified Regulatory Compliance Manager [CRCM] preferred)
- Bachelor's Degree
- May supervise a team of 2 or more professional staff
Excellent analytical, financial, vendor management and written/verbal communication skills.
Deep knowledge of program/project management, Agile/Scrum methodology.
Detail-oriented with excellent negotiation and interpersonal skills.
Proactive attitude and willingness to roll up sleeves to meet the business requirements.
Ability to think and appropriately respond in a high-energy, fast-paced environment.
Good organizational skills including prioritizing, scheduling, time management, and meeting deadlines.
Ability to simultaneously manage multiple projects and maintain confidentiality.
Works well under pressure and within short time constraints.
Proficient in Microsoft products including Office, Word, Excel, Visio and PowerPoint.
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: Vendor Management
Location: United States-California-San Francisco
Other Locations: United States-Minnesota, United States-Wisconsin-General WI, United States-Missouri-General MO, United States-Illinois-Chicago, United States-North Dakota-General ND, United States-California-Los Angeles, United States-Kansas-General KS, United States-Nevada-General NV, United States-Oklahoma-General OK, United States-California-Newport Beach, United States-New York-General NY, United States-California-San Ramon, United States-Nebraska-Omaha, United States-Utah-General UT, United States-Wyoming, United States-South Dakota-General SD, United States-Arizona-Tempe, United States-Texas-Dallas, United States-Oregon-General OR, United States-Georgia-Atlanta, United States-North Carolina-General NC, United States-California-City of Industry, United States-Ohio-Cleveland
Requisition ID: 055303
Bank of the West
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