Bank of the West Sr Operational Risk Analyst in Arizona

Sr Operational Risk Analyst


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.

Position Summary

Responsible for working with the Bank’s Operational Risk team to implement enterprise-level standards, policies and governance within the BOTW Banking Services Group. Responsible for coordinating planning, development and implementation of all activities and programs associated with operational risk management within a BOTW business units.

Essential Job Functions

  1. Undertakes transversal & vertical assessments of exposures, identifying risks, evaluating their potential impact and reviewing the strengths and weaknesses of existing controls. Work with other risk functions to develop and implement controls that mitigate risks.

  2. Once the controls are in place, continues to monitor control compliance and the prevalent risk environment recommending incremental recommendations for improvement to ensure that exposures are kept at acceptable levels.

  3. Oversees the execution of the operational risk management standards and procedures; developing operational risk management analysis reports; developing approval procedures and guidelines on operational risk limits by type of product and/or transaction (where appropriate); and in establishing management and administrative procedures to ensure adherence to policies.

  4. Counsels business unit managers on operational risk management issues.

  5. Based on assigned role, prioritizes Operational Risk activities to reduce income volatility for the bank and increase risk transparency while being attentive to increasing the level of customer service and satisfaction.

  6. May participate in evaluating new products, changes to the channels through which products are offered, and technology impact assessments for their impacts on the bank's or Banking Services Group operational risk profile.

  7. Assigned responsibility for specific areas of the Bank's Corporate Operational Risk Management function. Under a senior leader, role may include design of standardized risk taxonomy, risk management processes, and/or templates used across the company (Operational Risk Department).

  8. Directly responsible for a key segment of LOB/support function OR activities in accordance with the Bank's operational risk management policies. Under a senior leader, role may include design of standardized risk taxonomy, risk management processes, and/or templates used across the company (Business Group Operational Risk Support).

  9. Under LOB/support function Senior Operational Risk Analyst may oversee and participate in First Line Control credible challenge to determine if controls are in place and working as intended (Business Group Operational Risk Support).

10.Within assignment has a broad range of independence ensures the Operational Risk Program is working effectively to report on the Banking Services Group risk posture and rein in excessive risks/risky activities.

  • LI-JB1


Required Education

  • Bachelor’s Degree- Business Administration or related field (Required).

  • Master’s/ Advanced Degree- Business, Finance, Risk Management.

Required Experience

  • Requires mastery level knowledge of job area typically obtained through advanced education combined with experience. May have deep knowledge of project management.

  • Requires 10 years minimum prior relevant experience.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

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-Arizona

Other Locations: United States-California-San Ramon

Requisition ID: 029328