Santa Ana, CA, 92702, USA
39 days ago
AVP, ALM Analyst
**Overview** 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 through more than 70 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, 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. **Job Summary** The ALM Quantitative Analyst performs Asset/Liability Modeling analysis for the Bank while aiding with the documentation and procedural improvements for the model. Responsible for ensuring the timely and accurate completion of data preparation and other required ALM/IRR processes, maintaining and assessing models and assumptions incorporated in the ALM platform (QRM/Empyrean), producing regular and ad hoc reports, and supporting internal clients with tasks such as forecasting and planning, liquidity stress testing, FTP, etc. 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. **Responsibilities** + Perform Interest Rate Risk Modeling and Analysis using QRM/Empyrean system. + Run/review reports and assist ALM Manager with monthly report packages. + Conduct system maintenance to ensure system integrity and functionality. + Perform model review, back-testing, and tuning. + Follow established process through the course of work. + Participate in system improvement and automation efforts. + Make recommendations and providing guidance to senior management on new modeling/process techniques. + Aid with documentation, process efficiency, internal audit requests, model validation, data management, and other model enhancements for ALM Model. + Assist in the preparation of materials for ALCO and Board meetings. + Provide audit support by running reports and collecting information. + Perform other duties as assigned. + Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts 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 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. **Qualifications** Required: + Understanding cashflow and behavior of loans, mortgages, investment securities, deposits and other products on the bank's balance sheet + Strong quantitative background and/or experience in statistical analysis + Advanced Excel analysis/modeling such as Macros, Pivot tables, Index-Match, Offset + Experience with Quantitative Risk Management ALM Platform (QRM/Empyrean) + Ability to multi-task and meet deadlines + Superior interpersonal, writing and oral communication skills + A self-starter, willing to learn new content and tools/processes Preferred: + Proficiency/experience SQL, R, Python + Experience in statistical analysis + 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) + Bachelor's degree in Accounting, Mathematics, Statistics, Finance or another analytical discipline **.** Master’s degree or higher preferred. + 3-4 years’ experience in Asset & Liability Management in the banking industry + 2-3 years recent hands-on experience with QRM/Empyrean **Salary Range:** $84,344.00- 134,946.24 USD; Final salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with geographic/market data. Share job with a friend Refer a Friend **Job Locations** _US-CA-Santa Ana_ **ID** _2024-3756_ **Category** _Finance/Accounting_ **Type** _Regular Full-Time_ Equal Opportunity Employer PacWest Bancorp and its affiliates are fully committed to the principles of equal opportunity and diversity. We take pride in building a workplace culture where all employees feel supported and respected, and have equal access to career and development opportunities without regard to race, religion/creed, color, national origin, age, marital status, ancestry, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), gender identity/expression, sexual orientation, veteran status, physical or mental disability, medical condition, military status, genetic information, or any other characteristic protected by federal, state or local laws.
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