Banc of California, Inc.
(NYSE: BANC) is a bank holding company with approximately $9 billion in assets
and one wholly-owned banking subsidiary, Banc of California, N.A. (the “Bank”).
With our 700+ dedicated professionals, we provide customized and innovative banking
and lending solutions to businesses, entrepreneurs and individuals throughout
California. We proudly partner with community organizations that provide
financial literacy, job training, small business support, and affordable
housing to help improve the communities where we live and work. With a
commitment to service and building enduring relationships, we provide a higher
standard of banking.
Responsible for development and analysis of SBA Loan Works. Analyzes
structures and recommends approval or decline of various servicing actions
including collateral substitutions, additional guarantors, etc. Ensures that loans are maintained in accordance
with SBA SOP-50, covenants, bank policies and procedures and Standard Operating
Procedures. 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.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
for analyzing financials, evaluating collateral, assessing
deteriorating/non-performing SBA credits and recommending
for performing a thorough review of current and prospective clients by
gathering and analyzing their background credit and legal information, to
validate their credit worthiness and legal standing.
independent credit analysis for annual reviews, loan renewals or modifications
(i.e. prepare financial analysis of business and personal tax returns and
financial statements) and risk rating certifications.
for communicating with the SBA origination group and the SAG/MAG group to
assess and report to the Dep. CCO and SAG manager anticipated migration of
loans to SAG/MAG.
involved in underwriting and completion of Credit Approval Memos (CAM), as
needed, for smaller credit transactions on an independent basis. Makes
independent decisions regarding whether credit should be approved.
Risk Rating change memos under the supervision of VP, Special Assets Manager.
initial Debt Service Coverage Ratio (DSCR) for credits as requested by VP,
Special Assets Manager.
and prepares Key Performance Indicators and Loan Covenant Compliance.
with Loan Servicing to ensure loans are boarded correctly to ensure data
daily overdraft report on assigned accounts. Works with VP, Special Assets
Manager to avoid losses on overdrafts.
adherence to the Bank’s loan policies as well as Standard Operating Procedure,
and actively incorporates them when underwriting credit.
various third party reports timely, such as, collateral audits, and appraisal
environmental reports; and develops an adequate knowledge of appraisal and
environmental reports and policies.
in managing Credit Risk associated with Treasury Management products not
necessarily associated with Loan accounts.
compliance with all applicable regulations, policies and procedures, and stays
abreast of emerging changes to banking regulation and completes bank training
initiates problem loan identification and administration, as required. Writes
Problem Loan Status Reports (PLSR’s) as required by policy and quarterly Risk
Rating Certifications. Responsible for ongoing proactive and correct
identification and monitoring of Risk Ratings for Borrowers under the Risk
Rating Policies of the Bank; to ensure there are not Risk Rating upgrades or
downgrades, when audited by internal or external auditors.
people with respect; keeps commitments; inspires the trust of others; works
ethically and with integrity; upholds organizational values; accepts
responsibility for own actions.
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.
policies and procedures; completes tasks correctly and on time; supports the
company’s goals and values.
the position safely, without endangering the health or safety of 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.
other duties and projects as assigned.
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.
ESSENTIAL KNOWLEDGE, SKILLS, AND ABILITIES:
in compliance of SBA SOP-50, including but not limited to, all aspects of
servicing, buying and selling to and from the secondary market, and timely
reporting to the SBA.
understanding of basic loan documentation and creating a Perfected Lien.
understanding of accounting and spreading the financial statements.
skills in computer terminal and personal computer operation; Microsoft Office
applications including but not limited to: Word, Excel, PowerPoint and Outlook.
math skills; calculate interest and percentages; balance accounts; add,
subtract, multiply and divide in all units of measure, using whole numbers,
common fractions and decimals; locate routine mathematical errors; compute
rate, ratio and percent, including the drafting and interpretation of bar
organizational and time management skills. Ability to juggle multiple tasks
oral, written and interpersonal communication skills. Analytical writing skills
to make decisions that have moderate impact on the immediate work unit and
cross functional departments.
to comprehend and explain financial calculations
to apply common sense to carry out instructions and instruct others, train
personnel, write reports, correspondence and procedures, and speak clearly to customers
to make informal and formal presentations, inside and outside the organization;
speaking before assigned team or other groups as needed.
to deal with complex difficult problems involving multiple facets and variables
in non-standardized situations.
to work with little to no supervision while performing duties.
EDUCATION, EXPERIENCE AND/OR LICENSES:
degree or equivalent combination of education and work experience.
or more years of related work experience and/or training preferred.
analysis experience related to business and individual financial statements and
tax returns preferred.