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 assisting the Compliance Department’s Compliance Officers with the completion of risk assessments, monitoring & testing activity, training development and administration, third party reviews, and advisory support. Monitoring includes compliance risks associated with Bank’s products and services, including risk identification, assessment and management of the control environment, and ongoing monitoring of key risk and performance indicators. Performs all duties in accordance with the Bank’s policies and procedures, and applicable U.S. State and Federal laws and regulations wherein the company operates.
The Compliance Specialist follows the Bank’s Compliance Risk Management Policy Program to ensure conformity and adherence with all applicable state and federal laws, regulations, and policies and procedures. Additionally, this individual possesses basic knowledge of the monitoring process according to internal procedures and schedules, as well as examining key activities, and quality control oversight of business units in adherence to compliance standards.