Deposit Operations Specialist

Brea, CA - Admin
130 S. State College Blvd
Brea, CA 92821, USA

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 Banc Edge.

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®

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 management’s recommendations and/or directions.

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.

• 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.
• Monitor and process transactions related to retirement accounts
• Open and maintain brokered CD accounts
• Process wires related to disposition of Deposit Account Control Agreements (DACA)
• Perform monitoring and transactions related to escrow retention accounts
• Perform callback procedures and daily review of various reports
• Assist management with Escheatment processing
• 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

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