BANC OF CALIFORNIA AND YOUR CAREER
Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship-based business banks, providing banking and treasury management services to small, middle market, and venture backed businesses. As the largest independent bank headquartered in California, the bank offers a broad range of loan and deposit products and services through a network of full-service branches and regional offices, as well as through digital and nationwide capabilities. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide through its technology forward platform, SmartStreet™. Banc of California is committed to supporting its local communities through the Banc of California Charitable Foundation and by partnering with organizations that promote financial literacy, job training, small business support, affordable housing, and more.
At Banc of California, our success is powered by our people and a shared commitment to delivering meaningful results. We foster an environment where entrepreneurial thinking is encouraged, and accountability and operational excellence are expected. Our team members are empowered to take ownership, make informed decisions, and make a meaningful impact as the bank continues to grow and evolve. We are dedicated to supporting your growth and wellbeing through comprehensive benefits, robust development opportunities, and inclusive programs that enable you to perform at your best. Together we win!
THE OPPORTUNITY
The Vice President, Financial Reporting & Regulatory Compliance position is responsible for planning, executing, and completing the Company’s external financial reporting and regulatory compliance processes. This role partners closely with the SVP, Financial Reporting, and is expected to operate with a high level of independence, demonstrating strong technical accounting expertise, project management capabilities, and effective people leadership.
The position oversees end-to-end regulatory reporting activities, including but not limited to the Call Report, FR Y-9C, FR Y-9LP, FR 2900, FR Y-6, and BIC reports, and plays a key role in disclosure governance, technical accounting conclusions, and implementation of new regulatory guidance. The position also leads optimization and effective use of reporting software, manages relationships with internal auditors, communicates with regulators, and develops high-performing financial reporting professionals. 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
- SEC Reporting & External Financial Reporting
- Lead the planning, execution, and completion of all external financial reporting activities, ensuring timely, accurate, and compliant filings.
- Lead the preparation, review, and submission of regulatory reports, including Call Reports, FR Y-9C, FRY-9LP, FR 2900, FR Y-6, and other applicable filings.
- Ensures regulatory filings are accurate, complete, timely, and compliant with Federal Reserve, FDIC, and other applicable regulatory instructions and guidance.
- Serve as a key point of contact for regulatory reporting matters, including responds to regulator inquiries, data validation requests, and examination follow-ups.
- Draft, review, and coordinate disclosure committee and audit committee materials, including presentations, memos, and supporting documentation.
- Research, evaluate, and conclude on regulatory reporting matters, including assessment of impacts and required disclosure or process changes.
- Monitor emerging accounting, regulatory, and disclosure developments and proactively advise senior management on potential impacts.
- Lead and optimize the Company’s use of reporting tools and automation, including document management and workflow efficiency.
- Drive continuous improvement initiatives to enhance reporting quality, streamline processes, and strengthen controls.
- Governance, Controls & Audit Coordination
- Maintain strong governance over regulatory reporting processes, including documentation standards, review procedures, and issue tracking.
- Own regulatory reporting controls, including support for FDICIA and SOX 404 financial reporting controls.
- Serve as a primary liaison with external auditors, internal audit, regulators, and advisors on financial reporting, regulatory reporting, and control matters.
- Leadership & People Management
- Manage, mentor, and develop financial reporting managers and staff, fostering technical excellence, accountability, and professional growth.
- Oversee day-to-day work allocation, review deliverables, and ensure high-quality outputs from direct reports.
- Participate in hiring decisions, onboarding, performance evaluations, compensation recommendations, promotions, and succession planning.
- Build a collaborative, high-performing team culture with a strong focus on execution, ownership, and continuous improvement.
- Involved with interviewing and hiring decisions.
- Prepare and deliver employee performance evaluations, goal planning, and counseling.
- Manage, support, coach and train employees.
- Cross-Functional Partnership
- Establish and maintain strong working relationships with the SVP, Financial Reporting, Chief Accounting Officer, Accounting Operations, and other key stakeholders.
- Collaborate cross-functions to ensure alignment on disclosures, timely issue resolution, and consistent communication.
- Follow all established policies and procedures.
- Perform other duties and projects as assigned.
WHAT YOU’LL BRING
- Required: 10 plus years’ of progressive financial reporting, technical accounting, or public accounting, with SEC reporting experience, preferably within financial services
- Required: BS/BA in accounting or finance; CPA
- Preferred: Master’s degree
- Strong working knowledge of banking regulatory reporting requirements.
- Director-level research capabilities to interpret, implement, and conclude on the appropriate treatment of accounting guidance.
- Demonstrated experience leading teams and managing complex, cross-functional projects.
- Hands on experience preparing and reviewing regulatory filings, including data validation, reconciliations, and audit trails.
- Excellent written and verbal communication skills, with the ability to clearly articulate complex accounting and reporting matters.
- Energetic, adaptable leader with the ability to work independently and collaboratively in a fast paced, evolving environment.
- Strong accounting, finance, and analytical capabilities, paired with sound business judgment and problem solving skills.
- Excellent written, verbal, and executive level communication skills, with the ability to interface effectively with senior leadership.
- Highly organized, detail oriented, and capable of managing multiple priorities and projects simultaneously.
- Strategic and creative thinker with strong proficiency in Microsoft Office tools (Excel, Word, PowerPoint, Outlook, Co-pilot) and a solid understanding of corporate policies and procedures.
- High School diploma or equivalent required
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 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.
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 their actual or perceived race (including traits associated with race, such as hair texture, hair type or protective hairstyles), religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender, gender identity, gender expression, gender transitioning, citizenship status, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information, or disability (mental or physical), requests for accommodation and any additional protected categories set forth in applicable federal, state or local laws. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.