VP, Flood & Insurance Manager

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, Flood/Insurance Manager, will play a critical leadership role in managing and overseeing all aspects of our flood and insurance operations. This position requires extensive knowledge of flood and insurance policies, risk management, and regulatory compliance. This position is responsible for managing the flood and insurance team and assuring consistent workflow in a professional, timely manner. Provide leadership and training to the team and adhere to all bank policies and procedures. Communicates with bank department managers, lenders and assistants, legal, and compliance departments to promote efficient and correct work flow and establish positive working relationships across the organization. The position will be responsible for developing strategic initiatives in areas of flood and insurance. Work in conjunction with Relationship Managers, Loan Servicing/Bording, Loan Administration and Loan Documentation. 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. 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

• Leadership and Strategy: Develop and implement strategic plans for the flood insurance division, aligning with the company's overall goals and objectives.
• Policy Development: Oversee the creation and maintenance of comprehensive flood and insurance policies and procedures.
• Risk Assessment: Conduct thorough risk assessments to identify potential flood hazards and develop mitigation strategies.
• Regulatory Compliance: Ensure all flood insurance operations comply with federal, state, and local regulations.
• Reporting: Prepare and present detailed reports on flood and insurance operations and performance to all levels of management.
• Manage and oversee daily functions within Flood and Insurance Team
• Act as liaison with internal and external audits.
• Ensure lending staff is provided with updates and procedural changes.
• Successfully interact and manage staff to improve accuracies and efficiencies.
• Assist with HR changes and approve department timesheets.
• Work directly with the banks' lending units to resolve any flood and insurance related issues.
• Maintains the highest level of confidentiality with all information obtained.
• Involved with interviewing and hiring decisions.
• Prepare and deliver employee performance evaluations, goal planning, and counseling.
• Manage, support, coach and train staff.
• Build and maintain strong relationships with clients (internally and externally), providing expert advice and support on flood and insurance matters
• 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

• In-depth understanding of flood and insurance policies, risk management, and regulatory requirements. for commercial and consumer loans.
• Strategic thinker with a proactive approach to problem-solving. Strong ability to manage multiple priorities in a fast-paced environment.
• Detailed knowledge of lending products and documentation, including residential, commercial and consumer loans
• Excellent decision-making, problem solving and ability to multi-task in a fast pace environment
• Excellent organization, team building and communications skills
• Bachelor's Degree and/or relevant work experience or training

Required:

• 8+ years' banking experience
• 5+ years of supervisory and leadership experience and relevant loan operations management experience

Preferred:

• Proficient with Word, Excel, Outlook. Good working knowledge of IBS loan system

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 full-time base salary range for this position is $ 85,000.00 - 135,000.00 USD a year. 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.