Deposit Operations Specialist - Banc of California : Job Details

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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 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

As a Deposit Operations Specialist, you will provide support across multiple Deposit Operations functions. This role performs a variety of operational support functions, such as reviewing reports, preparing correspondence and participating in special projects designated for the department. You will help to ensure internal controls, policies, procedures and mechanisms comply with standard industry practices, regulatory guidelines, and managements recommendations and/or directions. Performs all duties in accordance with the Companys policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

How Youll Make a Difference

• Core Responsibilities:
• • Clerical tasks such as responding to emails, phone calls, workflow requests through electronic ticketing system and maintaining department SLA for each function.
  • Must stay current on all BAI compliance certifications and regulations pertaining to functions serviced in your area, i.e. Reg CC, Reg E.
  • Provide support on tasks to ensure all deadlines are met.
  • Assist other areas as needed due to increased volumes, special projects, etc.
  • Assist with updating and creating job aids and procedures.

Location Specific Responsibilities:

• Santa Ana - 3 Mac
• Deposit Processing for our HOA clients, ensuring checks are negotiable, match payee, and are processed timely.
• Investigate and process Zelle and debit card disputes in accordance with Regulation E.
• Perform various account maintenance such as interest adjustment calculations and posting, document research, negative balance monitoring, operating loss monitoring, Reg CC callback and others.
• Balance Loomis Cash Vault and make manual adjustments or entries as needed.

What Youll Bring

• 3+ years of experience in bank operations, preferably with exposure to multiple deposit functions
• High School diploma or equivalent required
• Strong understanding of banking systems, transaction processing, and compliance protocols

How Well Support You

• Financial Security: You will be eligible to participate in the companys 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 age, ancestry, color, religious creed, disability, marital status, medical condition, genetic information, military and veteran status, national origin, race, sex, gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Management and Manufacturing

Industries: Banking

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