BBVA Compass

  • Client Risk Assessment Officer

    Posted Date 2 months ago(11/26/2018 9:45 AM)
  • Overview

    Open Platform’s powerful and easy to use Banking as a Service APIs empower the world’s startups and technology companies to create the most innovative solutions for their customers.  Using Open Platform APIs, companies can create innovative banking and payment services for their customers, reduce costs, and tame the complexity of the financial services ecosystem while avoiding the compliance headaches that make it difficult for companies to scale.  
    If you want to to reinvent banking through APIs and revolutionize the way the world thinks about banks, we want to meet you!  We are looking for risk takers, overachievers, and revolutionaries to join our Open Platform team. The kind of people who are excited by the idea of owning a product; the kind of people who like to build new platforms, features and services.


    What will you be doing?

    As part of growing the Open Platform client portfolio, understanding our clients is critical..

    The role of Client Risk Assessment Officer I will be to support risk management activities including: coordination of client due diligence activities and documentation maintenance, ongoing monitoring of clients and client customers, building risk assessment and control frameworks, liaisoning with other BBVA Compass credit risk partners for clients that utilize ACH products and partnership with Open Platform teams to prepare for bank committee approvals.

    Additionally, the role of the Client Risk Assessment Officer I will be to ensure appropriate oversight and governance routines are conducted in accordance with BBVA US methodologies and requirements. This role would also be on point to coordinate internal & external exam requests for Open Platform, facilitate preparation and execution of quarterly risk committees for Open Platform and liaison with other oversight/escalation channels to ensure Open Platform activities are being accurately reflected.

    Specific Duties

    • Work directly with Open Platform prospects and integration partners to coordinate due diligence requests, maintain the due diligence tracking tool and communicate with prospects on missing/follow up items related to due diligence
    • Partner with other control partners (such as Compliance & Legal) and work directly with clients to perform ongoing monitoring against contractual requirements and limits and other control standards
    • Support in the risk identification and control development across Open Platform processes and products
    • Coordinate with product owners on development of business requirements - specifically control and reporting requirements
    • Document risks and controls in accordance with global & US standards and tools
    • Maintain procedures documents and manage updates/approvals of these documents
    • Coordinate and maintain the BASPAC approval pipeline for Open Platform specific approval requests
    • Serve as a point of contact during internal/external exams and coordinate materials requested by examiners or other reviewers
    • Assemble all required documentation and prepare regular risk committee packages for Open Platform


    What you will bring:

    • Individual contributor with experience in supporting risk management, compliance, or control activities
    • Minimum 4 years of industry experience; with professional experience in risk, compliance, or control type roles
    • Understanding of risk management concepts and experience with applying ERM practices and risk-based control management
    • Applied understanding of operational risk - especially in the areas of process risk or processes that function as key controls
    • Basic understanding of process design and efficiency solutions (and governance)
    • Experience with conducting internal audits or external exam coordination (or engagement) a plus
    • Previous external client/customer interaction a plus


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