SVP, IT Internal Audit 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 BancEdge. 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

Responsible for the design, development, build out, budget, execution and management of an enterprise-wide IT audit program. Performs internal audit reviews, direct and perform risk assessments of IT policies, strategies and controls, managing audit staff, and providing strategic insights to senior management and the board of directors.  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

• Engages closely with the Banc’s CIO, CISO, Deputy CRO, CRO, Line of Business Heads, and IT Steering Committee to build strong working relationships to anticipate, address and recommend the deployment of preventative measure to mitigate cybersecurity and IT Risks potentially impacting the Banc, and participate in the development of an enterprise-wide Information Technology Risk Assessment and other IT Governance initiatives. 
• Collaborates with Bank Examiners and External Auditors during their examinations and audits, ensuring alignment with regulatory expectations and providing necessary information and insights.
• Assesses the adequacy of technology security and controls for the enterprise and recommends improvements to senior management. 
• Evaluates the effectiveness and efficiency of manual and automated controls used to mitigate complex processes and their associated IT risks for Internal Audit
• Increases auditor efficiency and quality through the promotion of leading practices for conducting integrated audits and documenting IT risks and automated business controls. 
• Leverages technology through the design, implementation, and build out a pilot program for continuous monitoring / auditing, and use of automated data analytics. 
• Develops and establishes a comprehensive IT audit plan for integrated, application and general computer control audits, information / cyber security audits and assessments, and business continuity planning, security and privacy.
• Conducts internal audits in conformity with company policies and procedures, generally accepted auditing standards, and makes suggestions to enhance the audit process. 
• Identifies and researches significant auditing and internal control issues during an audit, proposes solutions supported by quantitative analysis, and provides clear documentation and analysis of conclusions reached. Conducts follow-up activities to track and monitor management corrective action plans to address risk concerns and validates remediation effectiveness. Prepares monitoring reporting and trending information of findings identified. 
• Responsible for identifying and evaluating complex business and technology risks, internal controls which mitigate risks and related opportunities for improving automated controls. 
• Executes advanced IT audit services and supervises/mentors IT audit team in the effective design and implementation of work product, scope, execution, work paper review, and reporting. 
• Ensures all work papers and internal audit reports comply with quality control standards and are properly backed up and stored in accordance with company and statutory archiving standards. 
• Deploys and supports the enhancement of proprietary audit tools and participates in the successful introduction of new audit tools and methodologies to execute audit engagements effectively and efficiently. 
• Lead a team of internal auditors, providing guidance, mentorship, and performance evaluations.
• Interfaces and develops rapport with associates at all levels; including key IT, finance, accounting, and senior and executive management to actively respond to changing technology risks/demands
• Ensure that audit findings and recommendations are communicated effectively to management and the Audit Committee.
• Involved with interviewing and hiring decisions.
• Prepare and deliver employee performance evaluations, goal planning, and counselings.
• Manage, support, coach and train staff.
• 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; promotes working environment free of harassment of any type.
• 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

• Strong risk management experience, including performing assessments and audits.
• Strong knowledge of regulations governing IT and Internal Audit and best practices for the implementation of these regulations.
• Excellent leadership abilities, decision making, and critical thinking skills.
• Pro-active, high energy / relentless and with a strong but positive team-focused attitude.
• Strong verbal and written communication skills with the ability to effectively communicate with Senior Management and other stakeholders and partners to establish appropriate remediation efforts.
• Communicate with impact; ability to state risks and issues concisely and articulate the impact in a structured manner (both verbally and written).
• Demonstrate the ability to collaborate, compromise and be empathetic while building effective relationships with both the IA team and the larger organization.
• Ability to represent the IA department and interact professionally and competently with all levels of company staff.
• Excellent analytical skills, showing ability to assess risk and controls. 
• Ability to organize, coordinate team members, and prioritize multiple projects while meeting deadlines with minimal direct supervision.       
• Ability to exercise independence of judgement and autonomy.
• Ability to remain flexible and adapt to changes in the audit plan, projects and / or needs of the team.    

Required

• Bachelor’s Degree in accounting, business administration, computer science, information systems audit or related field.
• Ten (10) or more years’ related work experience in conducting integrated IT audits
• CISA, CISM, CISSP certification or comparable accreditation
• Experience with IT audit integration within financial services, insurance, and/or banking industry.
• Prior management experience directing professionals engaged in related internal audit activities

Preferred

• Experience performing related work for a large public accounting/consulting firm
• Oracle application security experience or strong Enterprise Resource Planning (ERP) experience
• CPA, CA, and/or CIA professional designation
• 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.