Banc of California, Inc. (NYSE: BANC) is
a bank holding company with approximately $8 billion in assets and one
wholly-owned banking subsidiary, Banc of California, N.A. (the “Bank”). With
our 600+ 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.
JOB SUMMARY:
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.
ESSENTIAL
DUTIES AND RESPONSIBILITIES:
Evaluates credit requests; assists sales teams in development of credit
structure and risk assessments for new credit requests and changes to existing
credits.
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.
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.
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.
Works with Loan Coordinators to obtain information needed to underwrite
the credit request, perform annual reviews, and/or monitor covenant compliance.
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.
Provides guidance to Credit Analysts regarding more complex transactions.
Review the work completed by the Credit Analyst and communicate the
review findings to the individual.
Ensures compliance with all applicable regulations, policies and
procedures. Keeps up with changes to banking regulation and completes bank
training courses on-line.
Has an good knowledge of appraisal and environmental reports to perform
reviews of appraisal and environmental reports.
Proactively monitors assigned credit portfolio by using CASH for
monitoring of ticklers and covenants, as applicable.
Reviews daily overdraft report on assigned accounts and works with sales
teams to avoid losses on overdrafts, as applicable.
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.
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
applicable.
Ensures compliance with all applicable regulations, policies and
procedures. Keeps up with changes to banking regulation and completes bank
training courses on-line.
Participates in the Business Continuity Plan (BCP), as required.
Treats 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.
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.
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 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:
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
departments.
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
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
problems involving multiple facets and variables in non-standardized
situations.
Ability to work with little
supervision while performing duties.
EDUCATION, EXPERIENCE AND/OR LICENSES:
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.
