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 assisting with the
post-closing tasks in partnership with the relationship managers once the
credit team ensures data integrity. Assists with monitoring assigned credit portfolio
for covenant compliance, collateral monitoring, and credit deterioration in the
tickler management system, as applicable. Coordinate the annual reviews of
loans and identify any risk rating changes. Participates in determining the credit
worthiness of the borrower and provides recommendations on credit decisions to credit
administration remaining cognizant of the risk implications, audit controls and
requisite documentation. Keeps apprised of industry related, political and
regulatory issues to determine their impact on specific industries or clients. 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.
DUTIES AND RESPONSIBILITIES:
Coordinates with the underwriting team to understand new credits and/or
changes to existing credits and determines appropriate loan covenants to
provide early triggers to detect deterioration of the credit.
Inputs and proactively monitors assigned credit portfolio by using CASH
for monitoring of ticklers and covenants, as applicable.
Reviews and inputs as needed appropriate loan codes to insure proper
reporting and CECL data collection.
Partners with relationship managers and credit analysts to obtain
information needed to perform annual reviews, and/or monitor covenant
Assists with the analysis of appraisal and environmental reports for
Assists with problem loan identification and elevation of possible
risk rating changes to the underwriting team.
Plays key role in working with underwriting teams to ensure audit
and exam readiness.
Works with other underwriting team members to ensure compliance with all
applicable regulations, policies and procedures. Keeps abreast of changes to
banking regulation and completes bank training courses on-line.
people with respect; keeps commitments; inspires the trust of others; works
ethically and with integrity; upholds organizational values; accepts
responsibility for own actions.
policies and procedures; completes tasks correctly and on time; supports the
company’s goals and values.
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.
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.
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.
KNOWLEDGE, SKILLS, AND ABILITIES:
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).
knowledge of the Bank’s Loan Policies.
moderately to complex loan documentation and collateral perfection.
in computer terminal and personal computer operation; Microsoft Office
applications including but not limited to: Word, Excel, PowerPoint and Outlook.
organizational and time management skills.
understanding of lending, specifically, cash flow and collateral analysis and
written and interpersonal communication skills. Analytical writing skills a
to make decisions that have moderate impact on the immediate work unit and
cross functional departments.
to comprehend and explain financial calculations and pricing alternatives.
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.
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.
EXPERIENCE AND/OR LICENSES:
degree preferred and 1 to 2 years of related work experience and/or training;
or equivalent combination of education and experience.
experience should include roles requiring cash flow and collateral analysis and
analysis experience for business financial statements, tax returns and
individual’s financial statements and tax returns preferred.
in syndicated credits as a participant and in most types of credit products
including derivatives preferred.