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Description

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

Responsible for providing strategic support and guidance to the various Business Units (BU). The VP Business Management (BM) supports BU management in the formulation and implementation of overall strategic direction and provides guidance to ensure strategies are consistent and cohesive across the bank. The BM supports both individual BU’s as well as the consolidated BU organizations. The BM acts as a liaison between the BU’s and executive management to ensure all BU’s are consistently executing the consolidated strategic plan, and ensures the BU’s activities are coordinated and adjusted appropriately to ensure the consolidate bank objectives are met. The BM works with BU leaders and executive management to identify business development and product enhancement opportunities, and assists the BU’s with execution as appropriate. The BM assists with division profit planning, producing and measuring results against plans, developing forecasts and projections, and other relevant business-related items. The BM acts as the primary liaison between BU management, the executive team, and IT/BI departments to design and establish effective reporting to disseminate timely information to business leaders for effective, well informed decision making. The BM works with the BU’s to identify and champion technology enhancements to drive efficiencies and improve the client experience. The BM supports BUs with special projects and initiatives. The BM maintains an on-going and thorough knowledge of internal processes and systems relative to the BUs, and interacts collaboratively with BU and finance partners. 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

+ Performs personnel actions including performance appraisals, disciplinary actions, and interviewing candidates for employment; supervises the daily activities of the team including, but not limited to, effective delegation of assignments, developing work schedules and providing necessary training.

+ Tracks and monitors pipeline management, reporting & stack rankings.

+ Assists in the development and administration of BU compensation plans and performance matrices.

+ Directs and performs the compilation, analysis and preparation of various monthly and ad hoc internal management and external financial tables and analysis, and performance and supervision of various financial analyses and financial data for management reporting with an emphasis on segment profitability.

+ Directs and performs the preparation short and long-term financial forecasts for use by management. Manages the preparation of division budget and forecast. Reports on variances from the budgets and the underlying non-financial drivers. Oversees and completes financial analysis in such areas as forecasting, budgeting, cost allocation, funds transfer pricing, and operational performance.

+ Partners directly in the technical build-out and support of databases, query tools, reporting tools, BI tools, dashboards, etc., to enable analysis, modeling, and advanced data visualization. Provides direction on report content, calculations, metrics, data quality validation, data cleansing, layout and frequency.

+ Compiles, analyzes and prepares various monthly and ad hoc financial reports and recommendations on analytic projects. Performs and supervises various financial analyses and prepares financial data for management reporting.

+ Ensures timely and consistent communication between the BU’s and executive management.

+ Remain up-to-date on all bank compliance and regulatory policies and procedures and on all pending and proposed regulatory changes affecting bank compliance.

+ Works with external and internal auditors as necessary providing schedules, analysis and answering questions as necessary.

+ 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

+ Advanced knowledge in banking industry activities.

+ Intermediate/Advanced knowledge of financial modeling.

+ Technical inclination: ability to learn new Finance systems and assist with administration and report development.

+ Experience in Hyperion Essbase a plus.

+ Ability to provide consultation and expert advice to management.

+ Advanced skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.

+ Advanced math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.

+ Effective organizational and time management skills.

+ Exceptional oral, written and interpersonal communication skills.

+ Ability to make decisions that have significant impact on the immediate work unit and cross functional departments.

+ Ability to organize and prioritize own work schedule and the work schedules of others on a short-term and long-term basis.

+ Ability to provide constructive feedback to subordinates.

+ Ability to make informal and formal presentations, inside and outside the organization; speaking before assigned team or other groups as needed.

+ Ability to deal with complex difficult problems involving multiple facets and variables in non- standardized situations.

+ The ability to present written credit memorandums in a clear, succinct manner to bank management.

+ Ability to make informal and formal presentations, inside and outside the organization; speaking before assigned team or other groups as needed.

+ Ability to work with little to no supervision while performing duties.

+ Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program (CIP), Right to Financial Privacy Act (RFPA, state and federal) and Community Reinvestment Act (CRA).

+ Basic knowledge of corporate accounting and pertinent GAAP, SEC rules and regulations including Dodd-Frank Act and Sarbanes-Oxley compliance.

+ Must be fully vaccinated for COVID-19 (i.e., at least 2 weeks after last dose) and, if hired, present proof of vaccination by start date.

+ Bachelor’s degree in finance or accounting and ten (10) + years in finance or related experience with a focus on financial services (banking preferred)

+ Experience with analytical software packages/tools/languages, visualization tools and applying such tools to streamline reporting.

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 offeradoption, 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 $101,000.00 - $155,000.00 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.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.

Equal Opportunity Employer

PacWest Bancorp and its affiliates are fully committed to the principles of equal opportunity and diversity. We take pride in building a workplace culture where all employees feel supported and respected, and have equal access to career and development opportunities without regard to race, religion/creed, color, national origin, age, marital status, ancestry, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), gender identity/expression, sexual orientation, veteran status, physical or mental disability, medical condition, military status, genetic information, or any other characteristic protected by federal, state or local laws.