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 through more than 70 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, 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.
JOB SUMMARY:
Responsible for implementing the Bank’s annual, strategic SOX Compliance Program plan initiatives in adherence with the Sarbanes-Oxley (SOX) Act. Works closely with the business stakeholders to ensure that process and control documentation is maintained, assertions performed, and that findings related to Internal Controls over Financial Reporting (ICOFR) are assessed and reported to management. Carries out responsibilities by working with a mix of direct, indirect, and 3rd party co-sourced team members to perform all SOX-related activities in accordance with the Bank’s annual SOX Compliance Program and methodology. Works with all levels of management, internal department personnel, and 3rd party co-source provider to identify control weaknesses, perform control testing, and communicate findings to management in an objective manner. Assists in completing key entity level assessments such as the annual SOX Risk Assessment and annual Fraud Risk Assessment. Collaborates with external consultants as needed. Ensures the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.