VP, Risk Strategy and Transformation

Banc of California • Santa Ana, CA

2d

About The Position

The VP, Risk Strategy and Transformation strengthens the execution, efficiency, and scalability of key enterprise risk management programs and processes. The role supports the Risk Appetite Program and enterprise risk assessments, leads operational excellence and process improvement initiatives, advances automation of manual risk processes, and develops timely, accurate, and actionable risk reporting. The position partners across Risk, Technology, Data, and business functions to turn risk management requirements into sustainable processes, workflows, and reporting solutions that improve data quality, transparency, and decision-making while reducing manual effort.

The role leads and executes initiatives, coordinates cross-functional stakeholders, delivers measurable outcomes, and simplifies and standardizes Risk processes while maintaining effective governance, controls, auditability, and alignment with the Bank’s risk appetite and regulatory expectations. Duties are performed in accordance with Company policies and procedures and applicable U.S. state and federal laws and regulations.

Responsibilities span administration and enhancement of the enterprise Risk Appetite Program; coordination and improvement of enterprise risk assessments; process improvement and standardization; identification and implementation of controlled automation; and development of reporting and dashboards for executive management, risk committees, and other governance forums. The role also documents processes, monitors performance and benefits, and provides updates on operational performance and initiative progress.

Requirements

• Bachelor’s degree in Business, Finance, Risk Management, Information Systems, Data Analytics, or a related field, or equivalent relevant experience.
• At least 8 years of experience in enterprise risk management, risk operations, operational risk, process improvement, reporting, automation, or related disciplines.
• Experience supporting enterprise risk programs, including risk appetite, risk assessments, operational risk, or related governance processes.
• Experience developing executive-, committee-, or Board-level risk reporting and translating complex information into clear insights and actions.
• Demonstrated success improving, standardizing, documenting, and operationalizing complex processes.
• Ability to translate risk and business requirements into practical workflows, reporting, controls, and technology solutions.
• Strong data analysis, quality assurance, structured problem-solving, root cause analysis, and project execution capabilities.
• Ability to coordinate work across Risk, business, Technology, and Data teams and influence stakeholders without direct authority.
• Knowledge of control design, data governance, auditability, regulatory expectations, and change management.
• Familiarity with Microsoft Power BI, Power Automate, Power Apps, or comparable workflow, analytics, and reporting tools.
• Strong written and verbal communication skills, with ability to communicate effectively with technical, business, risk, and executive audiences.
• Risk-focused and data-driven judgment; operational discipline and continuous improvement; clear translation across business, risk, and technology; ownership, accountability, and outcome-oriented execution; stakeholder partnership and influence without authority; executive-ready communication and attention to detail.
• High school diploma or equivalent required.

Nice To Haves

• Banking or financial services experience, ideally within enterprise risk management, operational risk, risk governance, or Risk Operations.
• Experience working in a regulated environment with internal controls, audit expectations, governance forums, and regulatory requirements.
• Experience implementing workflow automation, reporting solutions, or data-enabled process improvements.
• Lean Six Sigma, project management, risk management, or related certification.

Responsibilities

• Support the ongoing administration and enhancement of the enterprise Risk Appetite Program, including metric governance, data collection, quality review, threshold monitoring, escalation, and management reporting.
• Coordinate risk appetite reporting cycles and work with metric owners to ensure results, commentary, remediation plans, and supporting information are complete, accurate, and timely.
• Support execution and continuous improvement of enterprise risk assessments through planning, coordination, tracking, quality assurance, effective challenge support, data analysis, and reporting.
• Analyze assessment and program results to identify trends, concentrations, emerging risks, and matters requiring escalation or management attention.
• Maintain procedures, controls, calendars, and documentation for consistent and sustainable program execution.
• Evaluate Risk processes and lead targeted initiatives to simplify, standardize, strengthen controls, and improve efficiency using structured problem-solving, root cause analysis, and continuous improvement practices.
• Define current- and future-state workflows, roles, handoffs, requirements, controls, and performance measures; monitor whether implemented improvements achieve intended benefits.
• Partner with Risk teams and business stakeholders to implement practical solutions that reduce administrative burden while maintaining governance and oversight.
• Identify, assess, and prioritize opportunities to automate manual, repetitive, or error-prone Risk activities.
• Translate business and risk requirements into functional requirements for automated workflows, tools, and data solutions; partner with Technology, Data, and Risk stakeholders to design, test, implement, and monitor solutions.
• Maintain a prioritized pipeline of automation opportunities, documenting benefits, dependencies, risks, ownership, and implementation status.
• Ensure automated processes include appropriate controls, approvals, auditability, security, data quality, and ongoing monitoring; promote practical, controlled, and measurable use of approved automation and AI capabilities.
• Develop and maintain timely, accurate, and decision-useful risk reporting for executive management, risk committees, and other governance forums.
• Coordinate reporting inputs and establish standards for data, commentary, escalation, and supporting documentation.
• Develop dashboards and reporting solutions covering risk appetite, risk assessments, key risk trends, program performance, and emerging concerns.
• Partner with data owners to improve data quality, consistency, lineage, validation, and reconciliation; translate complex risk information into clear insights, themes, and actions for executive and committee audiences.
• Improve reporting processes to reduce manual effort, shorten production timelines, and increase transparency.
• Deliver timely and well-controlled Risk Appetite and enterprise risk assessment activities and accurate, complete, actionable risk reporting.
• Standardize and document Risk Operations processes with clear ownership, controls, calendars, and service expectations; maintain a prioritized portfolio of improvement and automation initiatives with measurable benefits.
• Deliver automated workflows and reporting capabilities that reduce manual effort, improve data quality, strengthen operating effectiveness, and provide transparent risk insights.
• Provide periodic updates on operational performance, improvement opportunities, implementation progress, and realized benefits.
• Follow established policies and procedures, and perform other duties and projects as assigned.

Benefits

• 401(k) plan with company match and immediate vesting.
• Comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, and long-term disability.
• Pre-tax Health Savings Account with employer contributions and pre-tax Flexible Spending Account.
• Adoption, surrogacy, and fertility assistance.
• Paid parental leave and family support solutions, including care options for family members.
• Paid vacation days, holidays, and volunteer time off for eligible team members.
• Tuition reimbursement.
• Annual mentorship program and leadership development resources.
• Access to LinkedIn Learning.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive