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 the annual, semi-annual, and quarterly
mailers, monitoring and tracking of updated financials, verifies and tracks
loan covenants to periodic reviews, monitors risk rating changes and tracks
annual site inspections. Setting up
financial requirements and other loan covenant ticklers and generating a ticker
report. Monitors maturing loans, unauthorized transfers, and bank-controlled
deposit accounts. Performs all duties in accordance with the company’s policies
and procedures, all U.S. state and federal laws and regulations, wherein the
ESSENTIAL DUTIES AND RESPONSIBILITIES:
the entire process for annual, semi-annual, and quarterly mailers which
includes but is not limited to: ordering supplies, generating letters to be
sent by mail/email, following up with borrowers to collect missing financials,
tracking financials received, and labeling financials appropriately.
team lead to create financial tracking and periodic review reports. Verifies and tracks loan covenants to periodic
reviews, loan documents, bridge loan reports; monitors risk rating changes, and
tracks annual site inspections, date or performance and notes any deferred
for setting up financial requirements and other loan covenant ticklers on the
bank-wide covenant/tickler tracking system and for generating monthly Tickler
by obtaining credit files from shared drive in a timely manner, stages all
credit files, and ensures updated financials are placed in audit folders before
they are provided to auditors.
duties include follow-up of missing financials, deferred maintenance issues,
covenant violations, collection of delinquent loan payments, and monitors
delinquent property taxes and lapses to insurance coverage(s)
people with respect; keeps commitments; inspires the trust of others; works
ethically and with integrity; upholds organizational values; accepts
responsibility for own actions.
Follows 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.
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.
Performs other duties and projects as
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:
Basic level of work experience, knowledge
and training in loan servicing activities and terminology.
and time management skills
Basic knowledge of
related state and federal banking compliance regulations, and other Bank
lending policies governing lending including but not limited to fair lending,
privacy, RESPA as well as company operational policies and procedures, and the
company’s products and services.
skills in computer terminal and personal computer operation; mainframe computer
system; word processing, spreadsheet and specialty software programs
typing skills to meet production needs of the position
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
to understand, remember, and apply oral and/or written instructions or other
Ability to organize
thoughts and ideas into understandable terminology
Ability to organize and
prioritize own work schedule on a short-term
and long-term basis
Ability to understand
and follow basic instructions and guidelines
Ability to complete
routine forms, use existing form letters, and/or conduct routine oral
Ability to work with
general supervision while performing duties
EDUCATION, EXPERIENCE AND/OR LICENSES:
School Diploma required; Bachelor’s Degree preferred
minimum of 2 years of related experience/training in loan servicing within the
financial services industry