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. Oversees the supervision of entire
underwriting group Keeps apprised of industry related, political and regulatory
issues to determine their impact on specific industries or clients. Acts
independently from the sales teams to structure and evaluate credit
requests. Provides leadership, training,
and supervision; delegates day to day operations to the appropriate subordinate
personnel. Responsible for attaining
established Bank and divisional financial goals, balance sheet limits and
portfolio reporting. 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:
This role will train, teach and develop
staff. Actively manage, coach, and counsel individuals to improve their
understanding of underwriting responsibilities and the significance of
underwriting and risk management.
Evaluates moderately complex credit
requests; assists sales teams in development of credit structure and risk
assessments for new credit requests and changes to existing credits.
credit analysis of new and existing credit requests and prepares financial
analysis of tax returns (personal and business), analyzes financial statements
and financial projections and is well versed in modeling a sensitivity and
break-even projection analysis.
underwrites new credits and/or changes to existing credits and determines
appropriate loan covenants to provide early triggers to detect deterioration of
credit actions by preparing the Credit Approval Memorandum (“CAM”) which is
submitted to credit administration for final decision.
key role in working with loan coordinators to obtain information needed to underwrite
the credit requests.
the Letters of Interest (LOI) and insures consistency between the loan
documents and the CAM.
will join relationship managers on client calls and visits to discuss new
lead and reviews work/spreads completed by credit analysts and provides
feedback and guidance.
compliance with all applicable regulations, policies and procedures. Keeps up
with changes to banking regulation and completes bank training courses on-line.
independent analysis of appraisal, environmental reports, and other third party
reports including collateral audits and inventory or M&E appraisals.
Assigns risk rating on new loan requests
according to bank policy.
for reviewing the calculations for spreads and due diligence documentation once
completed by credit analysts.
ensures compliance with all applicable regulations, policies and procedures.
Keeps up with changes to banking regulation and completes bank training courses
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.
ESSENTIAL 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).
working knowledge of the Bank’s Loan Policies.
very complex loan documentation and collateral perfection.
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
and time management skills.
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 moderately complex 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 preferred and 7 + years of related work experience; or equivalent
combination of education and experience and 4 years of management experience.
of financial accounting knowledge preferred.
knowledge in lending, specifically, cash flow and collateral analysis and loan
analysis experience for business financial statements, individual’s financial
statements and tax returns preferred.
to syndicated credits as a participant and in most types of credit products
including derivatives preferred.