🤖 15+ AI Agents working for you. Find jobs, score and update resumes, cover letter, interview questions, missing keywords, and lots more.
Cookies & analytics consent
We serve candidates globally, so we only activate Google Tag Manager and other analytics after you opt in. This keeps us aligned with GDPR/UK DPA, ePrivacy, LGPD, and similar rules. Essential features still run without analytics cookies.
Read how we use data in our Privacy Policy and Terms of Service.
🤖 15+ AI Agents working for you. Find jobs, score and update resumes, cover letter, interview questions, missing keywords, and lots more.
Banc of California • Santa Ana, California, United States
Role & seniority: Assistant Vice President, Model Validation (mid-senior, bank risk function)
Stack/tools: Python or R for statistical programming; familiarity with large data sets; Microsoft Office Suite (Outlook, Excel, Word, PowerPoint); experience with model validation/documentation; knowledge of BSA/OFAC and AI/ML models preferred
Conduct model validations for in-house and vendor models per regulatory guidelines and policy
Prepare and present model validation reports, including backtesting, sensitivity analysis, benchmarking, and conclusions
Monitor validation findings, track corrective actions, and support annual model reviews and communication to model owners/users
3+ years in model validation or model development within banking or consulting
Bachelor’s degree in Economics, Finance, Mathematics, or related field
Strong written/verbal communication; ability to work independently and with senior management
Experience with Python or R; ability to handle large data sets; detail-oriented; multi-tasking across projects
Experience with BSA/OFAC, Payments, or Merchant Acquiring/Card Issuing model validation
Familiarity with AI/ML models
Location & work type: Los Angeles, CA (Banking operations with branches in CA and Denver); full-time, exempt role (onsite or hybrid as determined by policies)
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 Assistant Vice President, Model Validation is responsible for assisting the Bank’s Model Risk Management with its framework and standards, model inventory, model risk assessment, model validation and model governance. 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 model validations on the Bank’s models, both in-house and vendor models, based on regulatory guidelines, the Bank’s model risk management policy and procedure, and the industry’s leading practices. Assist in evaluating model assumptions and weaknesses, data relevancy and completeness, conceptual soundness, modeling methodology, outcome analysis, etc. Assist in preparing a model validation report that meets the Model Risk Management’s expectations, based on the evaluation of the model, including backtesting, sensitivity testing, benchmarking, etc. and include a conclusion based on the review. Assist in model validation findings monitoring, reporting, and evaluating the corrective actions. Conduct model annual reviews including process verification, performance monitoring, degree of changes, etc. and document the findings and comments in the annual review report. Support senior managers to communicate findings and recommendations from model validation report to model owners and model users. Work closely with model owners and model users to understand the model use and business applications. Review on-going model monitoring report, identify potential model risks; document the findings. 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
Financial Security: You will be eligible to participate in the company’s 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 (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.