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Portfolio Manager I, Managed Assets Group at Banc of California

Posted in Banking 30+ days ago.

This job brought to you by eQuest

Type: Full-Time
Location: Santa Ana, California

Job Description:

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 creating credit spreads by spreading the financial
statements of corporate and individual borrowers and performing cash flow
analysis on the borrowers in the Commercial Lending loan portfolio.  Assists Underwriters/Analysts and the
Applicable Department Manager in overall management of credit clients, to
include: requesting and collecting quarterly and annual financial statements,
testing against Key Performance Indicators, and financial covenants; analyzing
historical and projected financial performance, collateral values, and
comparative industry data. 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 covenants, bank policies and procedures
and Standard Operating Procedures.  Assists
in managing Credit Risk associated with Treasury Management products not
necessarily associated with Loan accounts. 
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.



  1. Responsible for spreading the financial
    statements and tax returns of clients and prospective clients.

  2. Responsible 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

  3. Performs 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

  4. May be 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.

  5. Prepares Risk Rating change memos under the
    supervision of Applicable Department Manager.

  6. Determines initial Debt Service Coverage
    Ratio (DSCR) for credits as requested by Applicable Department Manager.

  7. Tests and prepares Key Performance
    Indicators and Loan Covenant Compliance.

  8. Works with Loan Servicing to ensure loans
    are boarded correctly to ensure data integrity.

  9. Reviews daily overdraft report on assigned
    accounts. Works with Applicable Department Manager to avoid losses on

  10. Ensures adherence to the Bank’s loan
    policies as well as Standard Operating Procedure, and actively incorporates
    them when underwriting credit.

  11. Orders 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.

  12. Assists in managing Credit Risk associated
    with Treasury Management products not necessarily associated with Loan

  13. Ensures compliance with all applicable
    regulations, policies and procedures, and stays abreast of emerging changes to
    banking regulation and completes bank training courses on-line.

  14. Actively 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.

  15. Treats
    people with respect; keeps commitments; inspires the trust of others; works
    ethically and with integrity; upholds organizational values; accepts
    responsibility for own actions.

  16. 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.

  17. Follows
    policies and procedures; completes tasks correctly and on time; supports the
    company’s goals and values.

  18. Performs
    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.

  19. Performs
    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.


  • Demonstrates
    knowledge of, adherence to, monitoring and responsibility for compliance with
    state and federal regulations and laws as they pertain to this position
    including but not limited to the following: Regulation Z (Truth in Lending
    Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home
    Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA),
    Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with
    the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program
    (CIP), Right to Financial Privacy Act (RFPA, state and federal) and Community
    Reinvestment Act (CRA).

  • Solid
    understanding of basic loan documentation and creating a Perfected Lien.

  • Strong
    understanding of accounting and spreading the financial statements.

  • Strong
    skills in computer terminal and personal computer operation; Microsoft Office
    applications including but not limited to: Word, Excel, PowerPoint and Outlook.

  • Advanced
    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 graphs.

  • Effective
    organizational and time management skills. Ability to juggle multiple tasks

  • Exceptional
    oral, written and interpersonal communication skills. Analytical writing skills
    a must.

  • Ability
    to make decisions that have moderate impact on the immediate work unit and
    cross functional departments.

  • Ability
    to comprehend and explain financial calculations

  • Ability
    to apply common sense to carry out instructions and instruct others, train
    personnel, write reports, correspondence and procedures, and speak clearly to
    customers and employees.

  • Ability
    to make informal and formal presentations, inside and outside the organization;
    speaking before assigned team or other groups as needed.

  • Ability
    to deal with complex difficult problems involving multiple facets and variables
    in non-standardized situations.

  • Ability
    to work with little to no supervision while performing duties.



  • Bachelor's
    degree in accounting, finance, economics or related field required, or
    non-business related degree along with sufficient coursework such as Risk
    Management Association, Omega credit training, or in-house financial
    institution credit training.

  • Four (4)
    or more years of related work experience and/or training preferred. Proficiency
    in Intermediate/Financial Accounting 1 and 2 required.

  • Financial
    analysis experience related to business and individual financial statements and
    tax returns preferred.