BANC OF CALIFORNIA AND YOUR CAREER

Banc of California, Inc. (NYSE: BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the “bank”). Banc of California is one of the nation’s premier relationship-based business banks focused on providing banking and treasury management services to small, middle-market, and venture-backed businesses. Banc of California offers a broad range of loan and deposit products and services, with full-service branches throughout California and Denver, Colorado, as well as full-stack payment processing solutions through its subsidiary, Deepstack Technologies. The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more.

At Banc of California, our success is driven by our people, and we take pride in fostering an environment where everyone can reach their full potential. We embrace a culture of empowerment, progressive thinking, and entrepreneurial spirit, ensuring our team members have an opportunity to make an impact and play an important role in the future of Banc of California. Our core values – Entrepreneurialism, Operational Excellence, and Superior Analytics – empower us in creating a dynamic and inclusive workplace. We are committed to supporting your growth and well-being with comprehensive benefits, career development programs, a variety of employee resource groups, and more. TOGETHER WE WIN®

 

THE OPPORTUNITY

The VP, BSA Manager - EDD is responsible for providing leadership support and oversight to the BSA Officer for policies, processes, training, and reporting related to all Bank Secrecy, Anti-Money Laundering, and U. S. A. Patriot Act activities. 

This role is a senior-level contributor with high impact to act as a subject-matter expert, effectively solve BSA/AML business problems, drive effectiveness of the department, and oversee key Risk Assessment deliverables. This role further requires effective and tactful interaction with bank personnel at all levels, regulatory agencies, and audit firms.

This position reports to the BSA Officer within the Enterprise Risk Management division of the Banc. Performs all duties in accordance with the Company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates. Performs all duties in accordance with the Company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

 

HOW YOU’LL MAKE A DIFFERENCE

Lead and supervise Enhanced Due Diligence (EDD) team within BSA department. Delivery of annual BSA/AML Risk assessment, and documentation of risk and control frameworks & assessments for the department. Serve as BSA/AML subject matter expert for Risk Controls & Self-Assessment (RCSA) Program. Maintain all policies, procedures, forms, templates related to BSA/AML department and ensures accuracy and compliance. Develop, deliver, and track BSA/AML training to internal team members. Collaborate with Banc Training & Development department as appropriate.  Prepare documents for Risk Committee, Board meeting, Internal Audit and Regulatory examinations. Utilizes BIC system, PowerBI, and/or other business intelligence and technology tools to develop monitoring reports and enhance effectiveness and efficiency of the department. Provide guidance and assistance within department and cross-functionally questions to BSA/AML subject matters. Act as Role model for ethics, teamwork and professionalism. Manage special projects as assigned by the BSA Officer Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions. Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action. Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values. Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct. Performs other duties and projects as assigned. 

 

WHAT YOU’LL BRING

10 years applicable experience in a BSA/AML environment and/or Banking industry. College degree in Business Administration, Finance, or Accounting or equivalent work experience. Current CAMS certification. Proficiency in Microsoft Excel and Word, core accounting, and other applications as required. Excellent verbal and written communication skills Ability to interact effectively with Bank management.   Training skills required.  Ability to organize, prioritize, and work with minimal supervision. Review and be knowledgeable of departmental and human resource’s plolicies and procedures

 

HOW WE’LL SUPPORT YOU

Financial Security: You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting. Health & Well-Being: We offer comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA). Building & Supporting Your Family: Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family. Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off. Career Growth Opportunities: To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

 

SALARY RANGE

The full-time base salary range for this position is $135,000.00 - 170,000.00 a year. The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.

Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), denial of Family and Medical Care Leave, disability (mental and physical) including HIV and AIDS, marital status, medical condition (cancer and genetic characteristics), genetic information, military and veteran status, national origin (including language use restrictions), race, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.