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Portfolio Manager II at Banc of California

Posted in Banking 30+ days ago.

This job brought to you by eQuest

Type: Full-Time
Location: Los Angeles, 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 providing financial,
credit, and trend analysis for the delivery of the Banks credit products and
services to clients and prospects. Monitors assigned credit relationships for
covenant compliance, collateral monitoring, and credit deterioration, as
applicable.  Keeps apprised of industry
related, political and regulatory issues to determine their impact on specific
industries or clients. Acts in an independent fashion from the sales teams to
structure and evaluate credit requests. 
Is responsible for determining the credit worthiness of the Borrower and
recommending credit decisions to Credit Administration. 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. Evaluates credit requests; assists sales teams in development of credit
    structure and risk assessments for new credit requests and changes to existing

  2. Performs independent credit analysis of new and existing credit requests
    with review by the Portfolio Officer Team Lead. 
    Including but limited to preparing financial analysis of tax returns
    (personal and business), analysis of financial statements and financial
    projections and is well versed in modeling a sensitivity and break-even
    projection analysis.

  3. Independently underwrites new credits and/or changes to existing credits
    and determines appropriate loan covenants to provide early triggers to detect
    deterioration of the credit. 

  4. Recommends credit actions by preparing the Credit Approval Memorandum
    (“CAM”) which may or may not be submitted to the Portfolio Officer Team Lead
    prior to submitting to Credit Administration for final decisioning.

  5. Works with Loan Coordinators to obtain information needed to underwrite
    the credit request, perform annual reviews, and/or monitor covenant compliance.

  6. Maintains a relationship with the clients in conjunction with
    Relationship Managers and may make joint customer calls with RM to assess
    client’s needs, business, and management team.

  7. Provides guidance to Credit Analysts regarding more complex transactions.

  8. Review the work completed by the Credit Analyst and communicate the
    review findings to the individual.

  9. Ensures compliance with all applicable regulations, policies and
    procedures. Keeps up with changes to banking regulation and completes bank
    training courses on-line.

  10. Has an good knowledge of appraisal and environmental reports to perform
    reviews of appraisal and environmental reports.

  11. Proactively monitors assigned credit portfolio by using CASH for
    monitoring of ticklers and covenants, as applicable.

  12. Reviews daily overdraft report on assigned accounts and works with sales
    teams to avoid losses on overdrafts, as applicable.

  13. Independently and proactively initiates problem loan identification and
    administration and writes Problem Loan Status Reports (PLSRs) that may or may
    not be reviewed by the Portfolio Officer Team Lead, as necessary and applicable.

  14. Responsible for ongoing proactive and correct identification and
    monitoring of Risk Ratings for Borrowers under the Risk Rating Policies of the
    Bank such that the office does not have Risk Rating misses either up or down
    grades when audited by internal or external auditors, as necessary and

  15. Ensures compliance with all applicable regulations, policies and
    procedures. Keeps up with changes to banking regulation and completes bank
    training courses on-line.

  16. Participates in the Business Continuity Plan (BCP), as required.

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

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

  19. 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.

  20. 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.

  21. 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).

  • Strong working knowledge of
    the Bank’s Loan Policies.

  • Understands more complex
    loan documentation and collateral perfection.

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

  • Moderately 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.

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

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

  • Ability to comprehend and
    explain financial calculations and pricing alternatives

  • 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

  • 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
    problems involving multiple facets and variables in non-standardized

  • Ability to work with little
    supervision while performing duties.


  • Bachelor's degree in
    accounting, finance, economics or related field preferred and/or 4+ years of
    related work experience and/or training.

  • Intermediate/Financial
    Accounting 1 and 2 preferred.

  • Work related experience should
    consist of a good understanding of lending, specifically, cash flow and
    collateral analysis and loan structuring.

  • Financial analysis
    experience for business financial statements, tax returns and individual’s
    financial statements and tax returns preferred.