VP, Product 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 Product team is responsible for developing and delivering a full range of solutions designed to meet the full spectrum of a client's needs. We work cross functionally with partners in Digital Banking, Technology, Operations, Sales, Data, Legal, Compliance and more to identify, scope, set strategy, define a roadmap and develop products from inception to commercialization and beyond. This team is responsible for driving a significant part of the bank's innovation strategy. The VP, Product Manager will be responsible for leading and supporting various products depending on role alignment. You will play a key role in enhancing core capabilities and define our end-to-end product vision. 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

• Responsible for owning the product strategy, roadmap, and execution for the Bank's management products.
• Perform ongoing management and business readiness of product launches, enhancements, upgrades and regulatory compliance.
• Continually leverage data and collect internal and external feedback to iterate and evolve products to improve solutions and remove user friction.
• Articulate clear product plans to drive alignment and prioritizations across the business.
• Proactively collaborate with cross-functional team members across the organization including Digital, Client Service, Operations, Legal, Compliance, and Sales to create and improve processes and procedures.
• Act as a subject matter expert for your products; understand the market and trends, provide training and expertise to sales and other client facing teams.
• Create product resources and maintain updates to internal and external sites.
• Perform ongoing market analysis on product offerings and competitive landscape to meet and exceed client needs.
• Be the evangelist for your products to internal stakeholders and clients.
• Involved with interviewing and hiring decisions.
• 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.
• You could be aligned to one of these areas:
  
  • TREASURY
    
    • You will be responsible for developing and delivering a full range of Cash Management, Payment, and Liquidity solutions designed to meet the full spectrum of a client's treasury needs.
    • Responsible for owning the product implementation for the Bank's treasury management products, such as account analysis, fee & revenue pricing, etc.
  • PAYMENTS
    
    • You will lead and develop Banc of California's payments product roadmap for our proprietary, tech-enabled and innovative payments solution. This solution includes full stack payments capabilities and direct to Fed ACH.
    • You will be responsible for owning, driving, and defining the payments product roadmap, and collaborating with cross-functional teams to ensure our customized and innovative FinTech payments solutions meet the needs of our clients and technology partners.
  • CREDIT CARDS
    
    • The products covered by the Product Manager, Credit Cards, represent new and existing payment types for our customers including credit card, virtual card and debit card payment types. You will also own key relationships with our merchant acquiring partner. You will play a key role in enhancing core capabilities while growing a new suite of payments in our product vision.
    • You will be responsible for owning the product strategy, roadmap, and execution for new and existing credit card solutions.
  • LIQUIDITY & INVESTMENTS
    
    • Liquidity & Investments represent new and existing solutions for our customers including deposits, sweeps, investments, CDs, Money Market Funds, and more. The incumbent will own key relationships with business and technology partners or vendors and play a key role in enhancing core capabilities while growing a new suite of liquidity and investment solutions in our broader product vision.
    • You will be responsible for owning the product strategy, roadmap, and execution for new and existing liquidity and investment solutions and providing product support to sales and our branch network.

WHAT YOU'LL BRING

• Minimum of 6-8 years of product management experience in payments, fintech or financial services industries, serving business clients is required
• Extensive experience working in a team-oriented, collaborative environment is required
• High School diploma or equivalent is required
• Bachelor's Degree highly preferred
• Certified Treasury Professional certification preferred
• Curiosity - You're energized by finding creative solutions and always have ideas to improve things
• Self-Starter - You're ambitious and take initiative
• Accountable - You take pride in your work and hold yourself to high standards
• Grit - You will do whatever it takes to make your product successful: from writing user stories to hunting down the root cause of user frustration
• Communication - You have the ability to translate complex concepts into succinct requirements for design and development teams
• Strong background in Treasury Solutions including Account Analysis, Fee Pricing, ACH, Wires, Integrated Payables, Positive Pay, Remote Deposit, Lockbox, and Merchant Services
• Deep understanding of emerging payment trends, particularly those of non-banks and fintech competitors
• Knowledge of Agile routines
• Exceptional interpersonal and communications skills
• Excellent written and verbal skills
• Analytical mindset including familiarity with commercial banking and data analysis
• Experience with building a marketing and product promotion plan
• Experience building business cases for a product, develop roadmaps, and own the KPI's
• Exhibits attention to detail and ability to manage schedule to meet aggressive deadlines
• Experience managing and resolving issues with vendors and partners
• Proficient with Microsoft Office Suite (Excel, Word, PowerPoint, Visio)
• Review and be knowledgeable of departmental and human resource's policies & procedures

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.