SOX Analyst

Banc of California • Santa Ana, CA

19h

About The Position

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 BancEdge. 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 ensuring the bank's adherence to the Sarbanes-Oxley Act (SOX) regulations. Carries out responsibilities by working with internal and co-sourced team members to perform SOX-related activities in accordance with the SOX Compliance Program methodology. Works closely with line of business stakeholders and SOX Compliance Manager to ensure that control documentation is maintained, controls are tested, and findings related to Internal Controls over Financial Reporting (ICOFR) are assessed, reported to management, monitored for remediation, and validated for effective correct action. Works with all levels of management, internal department personnel, co-source resources, and external auditors. Collaborates with key stakeholders as needed. 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.

Requirements

• 0-2 years of SOX experienced required
• Working toward or having obtained a bachelor’s degree from an accredited college or university in accounting, finance, business administration, economics, or related field
• Working knowledge of Microsoft Office applications, including Word, Excel, Visio, PowerPoint
• Effective organizational and time management skills
• Exceptional oral, written and interpersonal communication skills
• Strong analytical skills and ability to quickly grasp business needs and objectives
• Ability to identify and communicate solutions to complex, time-critical, or recurring business issues
• Ability to organize and prioritize workstreams effectively, manage multiple projects, demonstrate the ability to meet deadlines in a fast-paced environment, and adapt quickly to change
• Ability to produce high-quality work product and deliverables
• Ability to interact with senior and executive management, co-source resources, internal auditors, external auditors, and regulators
• High School diploma or equivalent required

Nice To Haves

• Pursuing or interested in pursuing professional certification is a plus (Certified Internal Auditor (CIA). Certified Public Accountant (CPA), or Certified Information Systems Auditor (CISA)

Responsibilities

• Participates in process walkthroughs with management process/control owners and “Test of Design” to identify control weaknesses.
• Performs testing of internal controls to validate the operating effectiveness of SOX controls and drafts testing exceptions as needed.
• Analyzes and documents SOX findings and deficiencies, performs root cause analysis, assesses potential financial statement impact of deficiencies to present to supervisor.
• Advises process owners in updating their SOX documentation including process maps and control descriptions.
• Develops and maintains control and test documentation and updates the Company’s SOX Compliance platform (AudtiBoard).
• Collaborates with SOX process owners re: SOX Compliance requirements to increase awareness, understanding, and compliance.
• Maintains effective and professional relationships with the Company’s internal auditors, external auditors, and regulatory examiners.
• Recommend and implement improvements to the bank's internal control environment and compliance processes.
• Develops a working knowledge of professional standards and emerging industry and technical developments, including SOX 302/404, GAAP, COSO, and related auditing standards.
• 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; promotes working environment free of harassment of any type.
• 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

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED