Treasury Associate

Treasury Associate

Banc of California, Inc. (NYSE: BANC) is a bank holding company with approximately $9.4 billion in assets and one wholly-owned banking subsidiary, Banc of California, N.A. (the “Bank”). With our 600 dedicated professionals, we provide customized and innovative banking and lending solutions to businesses, entrepreneurs and individuals throughout California. We proudly partner with community organizations that provide financial literacy, job training, small business support, and affordable housing to help improve the communities where we live and work. With a commitment to service and building enduring relationships, we provide a higher standard of banking.

JOB SUMMARY:

Responsible for supporting the department in a variety of functions including treasury and other non-loan products, sales support for clients and prospective clients. Position may require frequent interaction with clients and prospective clients, including support/backing-up of sales team. Associate will be required to understand and communicate customer expectations and ensures superior customer experiences. Position will also require creation and preparation of high quality new business proposals, sales presentations, and pricing models. Associates will support the timely execution of new client and/or new product onboarding, working closely with operations, implementation, and customer service teams. Associates will assist one or more assigned team members and/or senior staff with business and portfolio management, analytical or research assignments, and other key projects. 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.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Participates in pre-call planning sessions, research, and quantitative analysis in support of department’s sales/new business opportunities.
• Works with bank clients to understand their business and fully capture their needs. Works with sales and operations teams to identify solutions.
• Actively participates in client relationship reviews and takes responsibility to execute relationship plans to ensure client needs are met. Takes initiative for follow up and problem resolution.
• Utilizes operational and product knowledge to run product pricing models; confers with sales leaders regarding profitability requirements and pricing strategies.
• Assists sales team in sales process, gathering information about existing clients and prospects, and updating relationship plans, new business plans, and sales pipelines.
• Ensures needed credit approvals are obtained for risk-related products. Ensures timely compliance with all credit policies and procedures.
• Requires product and risk management/compliance knowledge, including AML/BSA and other critical regulatory requirements.
• Performs a variety of sales support functions including preparing account schematics, proposal documents, sales presentations and Request for Proposal (RFP) responses.
• Takes ownership of managing completion of product implementation requests.
• Manages assigned pricing/exception pricing processing (for both treasury and interest bearing deposit pricing products).
• Coordinates with internal business partners to ensure on-time delivery of client requests.
• Trains and mentors less experienced team members and line partners as needed; displays leadership and maintains professional communications with employees and key partners.
• Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
• Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.
• 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.
• 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.

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 Partner.

ESSENTIAL KNOWLEDGE, SKILLS, AND ABILITIES:

• Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program (CIP), Right to Financial Privacy Act (RFPA, state and federal) and Community Reinvestment Act (CRA).
• Effective organization and time management skills.
• Strong technology/computer skills including expertise with Microsoft Product Suite - including Excel, and PowerPoint.
• Strong analytical acumen and math skills.
• Ability to analyze and solve complex problems and explore alternative solutions.
• Exceptional verbal and written communication skills; Ability to make informal and formal presentations.
• Strong focus on accuracy and attention to detail.
• Self-starter and goal oriented.
• Team Oriented - ability to develop rapport with prospects, clients, peers and partners

EDUCATION, EXPERIENCE AND/OR LICENSES:

• Bachelor’s Degree with business or finance preferred, or applicable work experience
• Four (4) years’ of applicable experience
• Treasury product knowledge or technical sales support experience preferred

SALARY RANGE: $70,000.00 - 105,000.00; Exact compensation may vary based on skills, experience, and location.