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Banc of California · 1 day ago

VP, Risk & Control Self-Assessment (RCSA) Program Manager

Santa Ana, CA

Full-time

Onsite

Senior Level

$100K/yr - $150K/yr

Banc of California is a premier relationship-based business bank headquartered in Los Angeles, focused on providing banking services to various businesses. The VP, Risk & Control Self-Assessment (RCSA) Program Manager is responsible for designing and implementing the RCSA Program, ensuring effective risk management processes across the company.

BankingFinanceFinancial Services

Responsibilities

Conduct senior level meetings, introducing the concept of the RCSA, explaining the process, and ensuring that the definitions of key components are clear

Work with senior management and junior professionals to document business processes, risks and controls, drafting the RCSA document during the meeting

Document detailed test steps and identify the required evidence to support the controls

Design and maintain SharePoint lists, Excel dashboards, and Visio process maps

Facilitate the design, development and implementation of the RCSA processes, tools, policies, standards, and procedures

Design and oversee reporting processes to provide clear status reporting

Design and develop surveys to capture feedback

Design and deliver tailored training programs for the 1st Line of Defense (1LOD), enhancing their understanding of the RCSA program

Conduct timely analysis of information and generates management level reporting regarding inherent and residual risks

Maintain status reports across Excel tabs

Draft test steps and to review evidence submissions for appropriateness

Manage meetings, including developing the agendas, conducting necessary research and taking the meeting minutes

Conduct thorough reviews of RCSA outcomes, providing effective, credible review and challenge of Business Processes, Risks and Controls, collaborating closely with the 1LOD to address control gaps and weaknesses, resulting in strengthened risk posture

Prepare comprehensive reports and aggregated results by risk domain, key risk metrics, and business unit, facilitating informed decision-making at all levels

Develop supporting information for the Risk Appetite and Business Continuity programs

Conduct process mapping training and build process mapping in Visio with business lines to proactively analyze various data sources to form an independent assessment of operational risk in the relevant business function within the scope of challenge responsibility

Facilitate Risk Control Self-Assessment (RCSA) as the second line of defense to ensure control effectiveness in processes and identify changes in business activity or relevant regulations that may increase operational risk exposure

Work as an independent partner to ensure that controls mitigate risk and propose improvements to control and monitor proactively to prevent operational losses

Perform additional risk oversight and assessment activities including, but not limited to, operational loss data validation, control testing, and validation, root cause analysis of significant fraud and other risk events, preparation of management reports, issue management, and targeted risk and control assessments

Evaluate control issues and ensure the adequacy of Event Root Cause Analysis. Collaborate with ORM Business/Function on an adequate corrective action plan

Validate that significant Inherent and Emerging Operational Risks are adequately incorporated into the program

Explain and facilitate the assessment of Inherent risk ratings, split by impact and likelihood

Capture control maturity information, to score test results, and to calculate operating effectiveness and residual risk

Help ensure all policy and procedural requirements are documented and available for internal audits, risk reviews, or regulatory exams to ensure business adherence to operational risk policies and procedures on timely non-compliant corrective actions

Serve as a champion for refining, building and deploying RCSA processes

Assist in managing the aggregation of enterprise-wide identification of control exceptions, issues management & remediation and change control monitoring, reporting and documentation

Spearhead the implementation and execution of RCSAs, identification of gaps in processes or controls and the development of remediation activities to resolve or mitigate the identified risks

Provide risk leadership and direction to business leaders and build working partnerships across the organization

Ability to lead, mentor, supervisor others in a positive and constructive manner

Ability to interact with business partners, capturing and challenging the information presented based on one’s own expertise

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

Qualification

Risk Control Self-AssessmentAdvanced Excel skillsVisio expertisePower Automate experienceAnalytical skillsCommunication skillsProblem-solving skillsCultural sensitivityLeadershipTeam collaboration

Required

Advanced Excel skills (lookups, pivots, index/match, VBA macros); Visio expertise required

Ability to lead meetings, challenge assumptions, and build strong partnerships

Strong analytical, communication, and problem-solving skills

Preferred

Power Automate experience a plus

Benefits

You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting.

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).

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.

Eligible team members receive paid vacation days, holidays, and volunteer time off.

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.