SVP, IT SOX Director

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

As the SVP, IT SOX Director, you will play a critical role in ensuring the integrity of the bank's financial reporting by overseeing the IT components of the Sarbanes-Oxley (SOX) compliance program. You will lead efforts to assess, monitor, and enhance IT General Controls (ITGCs), application controls, and other IT-related compliance requirements. This high-impact position requires strong collaboration with Finance, IT, Internal Audit, and external auditors to maintain a robust IT control environment. This role reports directly to the Chief Accounting Officer, giving you high visibility within the organization and the ability to drive meaningful improvements in IT governance, risk management, and compliance. 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 the IT SOX compliance program, ensuring adherence to regulatory and financial reporting requirements.
• Direct the assessment, documentation, testing, and remediation of ITGCs, IT application controls, and automated business process controls.
• Partner with IT, Finance, and business process owners to identify control deficiencies, evaluate risks, and implement remediation plans.
• Ensure timely execution of IT SOX testing and reporting, coordinating with external auditors to facilitate an efficient audit process.
• Provide expert guidance on IT SOX requirements for system implementations, upgrades, and changes impacting financial reporting.
• Evaluate and improve IT risk management practices related to financial reporting.
• Monitor emerging IT risks, regulatory changes, and best practices, ensuring the bank's IT control environment remains effective.
• Ensure IT control deficiencies are properly documented, tracked, and remediated in a timely manner.
• Work closely with Internal Audit and IT leadership to align IT risk assessments and control evaluations.
• Serve as a trusted advisor to IT, Finance, and Internal Audit teams, driving alignment on IT governance and compliance initiatives.
• Partner with IT leadership to foster a culture of strong IT governance, risk awareness, and control optimization.
• Leverage technology to enhance IT control effectiveness, automate control monitoring, and improve SOX compliance efficiencies.
• Lead efforts to improve IT SOX compliance processes through automation, standardization, and best practices.
• Provide strategic guidance on IT governance, data security, and system access controls related to financial systems.
• Work closely with management and business process owners to ensure key process risks and related controls are identified, tested, and operating effectively.
• Assess the adequacy and design of existing controls that mitigate financial reporting risks and propose necessary changes to the design of existing financial controls or assist process owners with the design and implementation of new controls.
• Maintain business process documentation regarding internal controls over financial reporting, including updating process narratives and flow charts to ensure process and control descriptions and documentation are current.
• Maintain the inventory of significant IT applications and key spreadsheets related to financial reporting that are subject to SOX testing.
• Track all control deficiencies for improvement and remediation status, including those identified during internal audits, and assist in determining the impact of those deficiencies on the SOX program. Document the preliminary assessment and classification of each control deficiency identified.
• Assist process owners with the design of remediation plans with a focus on continuous improvement.
• Review testing performed by BOC's co-service provider.
• Review Service Auditor (SOC-1) Reports to assist in demonstrating that BOC has appropriate end user controls in place for non-hosted in-scope systems.
• Perform testing, as needed, for certain primary and entity level controls for the SOX Program.
• Participate in system implementations/conversions/acquisitions which have SOX implications.
• Administer the Section 302 and 404 Sub-Certification Process.
• Participate and assist with the annual Planning and Risk Assessment process.
• Establish and maintain positive working relationships with process owners, business management, and other SOX program stakeholders.
• 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

• 12+ years' experience in public accounting with SOX experience, or internal audit experience in a publicly traded financial services company is required
• Experience with the financial services industry is required
• Experience in commercial banking or finance is preferred
• Experience with both process and IT controls is preferred
• Bachelor's Degree and/or relevant work experience or training is required
• Audit certification such as CIA, CISA is preferred
• CPA license is preferred
• Demonstrate a broad understanding and application of principles, theories, and concepts in SOX, plus a working knowledge of disciplines related to auditable areas
• Supervisory and project management experience commensurate with the responsibilities of the role
• Ability to initiate, establish, and foster communication and teamwork by maintaining a positive, cooperative, and productive work atmosphere
• Ability to interact with senior members and business process owners within the Bank
• Strong verbal and written communication skills
• Strong written documentation skills
• Effective analytical and organization skills
• Ability to multi-task, prioritize, and handle matters independently
• Strong proficiency with basic PC applications (MS Excel, Word, PowerPoint and Visio)
• Commitment to professional development through relevant continuing education programs
• Understanding of network operating systems, application controls, networking equipment such as firewalls and routers, and security technologies and utilities including encryption, anti-virus, intrusion prevention, and logging

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.