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VP, Internal Audit Manager
- Banc of California (Santa Ana, CA)
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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
The Vice President (VP), Internal Audit Manager reports to the Senior Vice President (SVP), IA Director. The VP, IA Manager is responsible for the overseeing and assisting with various internal audit engagements in order to achieve the successful completion of the Internal Audit plan. The VP, Internal Audit Manager performance audit assurance of the effectiveness and sustainability of processes and controls and identifies opportunities to strengthen internal controls and mitigate risks. The VP, IA Manager also monitors management’s remediation efforts to address any identified concerns, which includes conducting follow-up testing of related action plans. 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
Assist the Internal Audit leadership with the following:
+ Execute the comprehensive internal audit plan that addresses key risk areas and aligns with the organization's strategic objectives and regulatory requirements. This includes having a key role in planning and scoping audits, performing annual risk assessments and periodic continuous monitoring, reporting and communicating results of audit results and opinions.
+ Lead and manage a team of internal auditors, providing guidance, mentorship, and performance evaluations.
+ Support completion of risk assessments to identify areas of potential risk and develop audit programs to address these risks.
+ Lead the execution of audit engagements, including planning, fieldwork, reporting, and issue follow-up.
+ Strong documentation skillset to support preparation of workpapers for high-risk audit areas and review of staff workpapers to ensure compliance with methodology requirements.
+ Monitor the implementation of audit recommendations and tracking the status of corrective actions.
+ Stay current with industry trends, regulatory requirements, and best practices in internal auditing.
+ Establish and maintain strong client and team relationships.
+ Maintain audit independence and objectivity in all assignments and adhere with all organizational and professional ethics standards
+ Involved with interviewing and hiring decisions.
+ Prepare and deliver employee performance evaluations, goal planning, and counseling.
+ Manage, support, coach and train staff.
+ 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
+ Strong risk management experience, including supporting assessments and performing audits.
+ Knowledge of regulations governing Internal Audit and of best practices for the implementation of these regulations.
+ Excellent leadership abilities, decision making, and critical thinking skills.
+ Pro-active, high energy / relentless and with a strong but positive team-focused attitude.
+ Strong verbal and written communication skills with the ability to effectively communicate with Management and other stakeholders and partners to establish appropriate remediation efforts.
+ Communicate with impact; ability to state risks and issues concisely and articulate the impact in a structured manner (both verbally and written).
+ Demonstrate the ability to collaborate, compromise and be empathetic while building effective relationships with both the IA team and the larger organization.
+ Ability to represent the IA department and interact professionally and competently with all levels of company staff.
+ Strong analytical skills, showing ability to assess risk and controls.
+ Ability to organize, coordinate team members, and prioritize multiple projects while meeting deadlines with minimal direct supervision.
+ Ability to exercise independence of judgement and autonomy.
+ Ability to remain flexible and adapt to changes in the audit plan, projects and / or needs of the team.
+ Ability to navigate through ambiguity and accept ownership and accountability of the process and deliver on commitments.
+ Ability to utilize various data analytic approaches to analyze data and interpret results.
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 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.
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