Job Description

**Description** **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 EDD Investigator II will be responsible for conducting thorough investigations and analyses of high-risk customers and transactions. The incumbent will conduct analyses of current customers through a variety of assigned cases. This role involves detailed research, analysis, and collaboration with cross-functional teams to identify and mitigate financial crime risks. 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** + Conduct EDD reviews on high-risk customers via investigative or intelligence research of individuals, entities, and/or events through public records, open-source media, vendor systems, or other research tools. + Analyze complex data sets to identify patterns and anomalies indicative of financial crimes. + Utilize advanced investigative techniques and tools to perform Enhanced Due Diligence (EDD) by verifying the customer's identity, reviewing their background, assessing the associated risks, analyzing transactional data, and compiling due diligence files. + Perform more complex investigations into ownership and control to identify all ultimate beneficial owners and complex organizational structures. + Leverage internal tools and external resources to compile and analyze comprehensive risk profiles. + Maintain thorough investigative records and documentation in accordance with internal standards and consistent with regulatory expectations. + Draft assessment summaries and other written investigative/intelligence products to support assessment conclusion, decisions, and recommendations. + Responsible for submitting Requests for Information (RFIs) to the front lines to identify additional information in support of the due diligence investigation and follow-ups to ensure timely receipt. + Interact with peers and other internal or external constituents in order to deliver comprehensive views on investigative and intelligence matters. + Escalate potentially suspicious findings to BSA Management. + Assist with any ad-hoc projects that relate to EDD and other areas of BSA and AML compliance. + Accountable for strict adherence to all regulatory deadlines, internal service level agreements, production expectations, and consistent and accurate application of policies and procedures. + 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** + A minimum of 5 years' direct experience in BSA/AML compliance and EDD, especially with experience analyzing the high-risk customers in the FFIEC BSA Exam Manual. + Advanced analytical and critical-thinking skills. + Strong written and verbal communication skills, with the ability to present complex information efficiently. + In-depth understanding of high-risk customer typologies and associated risks. + Advanced knowledge of production analysis and report writing environments. + Knowledge of BSA and other relevant regulations and strong understanding on the AML risk associated with the high-risk customer types, such as POATM, PEP, PE/VC, MSB, MRB, NGOs, etc. + Proficiency in data analysis, research techniques, and tools. + Knowledge of various non-retail banking products and services including deposit, investment, treasury and cash management, equipment lending, commercial real estate, lending, and credit products, or other financial instruments. + Effective organizational and time management skills + Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including, but not limited to: Word, Excel, PowerPoint and Outlook + Ability to operate in a highly collaborative and team-oriented environment + Ability to work in an up-tempo, fast paced, and evolving environment + Ability to make informed critical decisions within the area of responsibility + Ability to take initiative and work independently with minimal supervision in a structured environment + Ability to work both independently and to collaborate cross-functionally + High school diploma or equivalent required. + Bachelor's degree preferred. + Experience in assessing customer risk and due diligence reviews. + Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE) certification, Certified Financial Crime Specialist (CFCS), or other applicable industry designation preferred. **HOW WE'LL SUPPORT YOU** + **Financial Security:** You will be eligible to participate in a 401k plan in which the Bank will match 100% of the first 4% of your contributions, which is immediately vested. + **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 $74,000.00 - 100,000.00 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. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights ( notice from the Department of Labor. 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.

Job Tags

Full time, Work at office, Local area, Immediate start, Flexible hours,

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