Officer, Compensation Analyst

BANC OF CALIFORNIA AND YOUR CAREER

Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship-based business banks, providing banking and treasury management services to small, middle market, and venture backed businesses. As the largest independent bank headquartered in California, the bank offers a broad range of loan and deposit products and services through a network of full-service branches and regional offices, as well as through digital and nationwide capabilities. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide through its technology forward platform, SmartStreet™. Banc of California is committed to supporting its local communities through the Banc of California Charitable Foundation and by partnering with organizations that promote financial literacy, job training, small business support, affordable housing, and more. 

THE OPPORTUNITY

The role of the Compensation Analyst is to ensure the bank’s compensation plans and programs are competitive and reward the appropriate behaviors and encourage the obtainment of company objectives. The Compensation Analyst will work closely with HR Business Partners, Talent Acquisition, HRIS, and Managers throughout the organization regarding job evaluations, updating/revising job descriptions, analyzing market data and recommending offers to new hires as well as internal candidates. The Compensation Analyst will assist in compensation projects such as survey submissions, conducting pay analyses/audits and the merit compensation cycle. 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

• Analyze market data and internal structure for job evaluations and compensation recommendations.
• Partner with HR Business Partners and Talent Acquisition to review compensation for new hires, internal transfers and promotions. Ensure recommendation is aligned to market data and internal equity.
• Review and update job descriptions including job classification and career pathing. 
• Keep up to date on changing Compensation Labor Laws. 
• Assist with various compensation projects such as survey submissions, conducting pay analyses/audits and the merit compensation cycle.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

WHAT YOU’LL BRING

• 3-5+ years of experience in compensation analyst role.
• Bachelor’s Degree preferred but not required.
• Strong working knowledge of FLSA, wage and hour, ERISA, DOL, and other state and federal regulations governing compensation activities.
• Strong Microsoft Office skills and Advanced Excel skills required including v-look up and creating complex formulas.
• Advanced analytical and critical-thinking skills.
• Strong written and verbal communication skills, with the ability to present complex information efficiently.
• Ability to handle sensitive and confidential information appropriately
• High School diploma or equivalent required

HOW WE’LL SUPPORT YOU

• 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 their actual or perceived race (including traits associated with race, such as hair texture, hair type or protective hairstyles), religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender, gender identity, gender expression, gender transitioning, citizenship status, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information, or disability (mental or physical), requests for accommodation and any additional protected categories set forth in applicable federal, state or local laws. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.