1,000 jobs to open with bank expansion

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Newly arrived Bank of the West may hire up to 1,000 people at a new office that will support company operations across the U.S.

“Our new facility in Tempe will be an important addition to our footprint and play a key role in our long-term growth,” said Nandita Bakhshi, president and CEO of the San Francisco-based financialservices company, in a statement.

Based on the ability to find workers and other factors, the office potentially could have about 1,000 employees by the end of 2018, according to a company spokesman.

It would be the company’s second-largest U.S. office outside those in the San Francisco Bay area and would support a full range of bank operations.

Bank of the West has 18 Arizona branches, primarily outside the Valley.

The site-selection process took about 18 months. As favorable factors, company offi cials cited Tempe’s “vibrant, centrally located community” that includes “a robust pool of talented

2 COMMENTS

  1. What this article doesn’t mention is the number of jobs being “right-shored” from the San Francisco Bay Area because the company is trying to cut costs with cheaper labor.

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