Bank of the West, a regional financial services company headquartered in San Francisco with $83.8 billion in assets as of March 31, has appointed Karin Lockovitch as its new chief compliance officer. She will be responsible for overseeing bank compliance with regulatory requirements and with internal policies and procedures.
Lockovitch, who also serves as executive vice president and member of the executive management committee at Bank of the West, will report to CEO Nandita Bakhshi and Co-CEO of BNP Paribas USA, and Eric Young, chief compliance officer of BNP Paribas—Americas and CCO of BNP Paribas USA.
Prior to joining Bank of the West, Lockovitch was CCO at Zions Bancorporation, where she led the bank's compliance-related risk management, including all enterprise products and services. Her oversight of the enterprise compliance program included fair lending/banking, community reinvestment, privacy, tax reporting, testing and monitoring, regulatory change management, BSA/AML, risk issue management, analytics and training.
Bank of the West's previous CCO, Sylvie Brillaud, has transitioned to the Bank's Risk Group to serve as chief administrative officer and head of enterprise risk. Brillaud, who enhanced the bank's compliance program in the United States in recent years, will provide oversight to the Risk Group and head several enterprise-wide risk management programs.