AVP, FIU Manager

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 AVP, FIU Manager is responsible for overseeing the investigation of potential financial crimes, including money laundering, fraud, and terrorist financing. This role manages FIU investigators and ensure compliance with the BSA/AML regulations.  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 

• Oversee alert investigations involving potentially suspicious transactions identified through transaction monitoring, internal referrals, or external intelligence.
• Support the investigators to ensure adequate analysis of financial activity, patterns, and trends to identify potential financial crime risks.
• Review investigative findings and determine whether alerts should be escalated to cases.
• Ensure investigations are properly documented and completed in accordance with procedures and within regulatory timelines.
• Perform managerial reviews of investigators’ work to evaluate for quality, accuracy, and sound decision making.
• Correspond with branches and outside departments regarding account transaction activity.
• Review and maintain BSA/AML Department procedures.
• Manage, mentor, and develop a team of FIU investigators.
• Monitor workload, investigation quality, and case throughput.
• Provide guidance on complex AML investigations and typologies.
• Maintain awareness of emerging financial crime risks and regulatory expectations.
• Assist in preparing for regulatory examinations and internal audits.
• Produce reports and metrics for senior management on production and investigation outcomes.
• Support enhancements to transaction monitoring systems, case management tools, and investigative procedures.
• Contribute to the ongoing rule tuning and rule development initiatives.
• Involved with interviewing and hiring decisions.
• Prepare and deliver employee performance evaluations, goal planning, and counseling.
• Manage, support, coach and train employees.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

WHAT YOU’LL BRING 

• Minimum of five years of Bank Secrecy Act and Anti-Money Laundering investigation work experience required.
• Associate's degree or related field and/or related work experience required.
• 3 years of experience in a supervisory role with professional staff.
• Minimum 3 - 5 years of experience in banking/finance industry.
• Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE) certification, Certified Financial Crime Specialist (CFCS), or other applicable industry designation preferred
• 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.

Salary : $34