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 assisting Portfolio
Managers and Relationship Managers with the credit origination process and
financial reviews and analysis on the existing portfolio. Reviews borrower information, perform
credit/financial analysis and Know Your Customer (KYC) due diligence and insure
initial application process meets regulatory and Banc standards. 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:
Responsible for spreading
operating history, personal and entity financial statements and/or tax returns
of borrower, as applicable and required.
Performs initial credit
analysis of loan requests that is reviewed by Relationship Manager, Portfolio
Managers, Team Leads and/or Credit Administration.
Responsible for performing initial
review of borrower by analyzing their background, credit, and legal
information, to validate their credit worthiness and legal standing.
Assist with the
underwriting and completion of Credit Approval Memorandums (CAM), coordination
and preparation for portfolio reviews and audits, and monitoring and reporting
of the origination process and portfolio review activities, as applicable.
May order various third
party reports and searches (i.e., appraisal, environmental, credit reports, tax
returns, UCC searches).
May monitors financial and
covenant compliance in conjunction with Portfolio Managers, as applicable.
Conducts professional and
courteous correspondence with clients.
Ensure compliance with all
applicable regulations, policies and procedures.
Keeps up with changes to
banking regulation and completes bank training courses on time.
Treat people with respect;
keeps commitments; inspires the trust of others; works ethically and with
integrity; upholds organizational values; accepts responsibility for own
actions.
Follow policies and
procedures; completes tasks correctly and on time; supports the company’s goals
and values.
Demonstrate 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.
Perform 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.
Perform 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:
Demonstrate 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).
Basic skills in computer terminal and personal computer operation;
Microsoft Office applications including but not limited to: Word, Excel,
PowerPoint and Outlook.
Proficiency in intermediate math and accounting skills required.
Effective organizational and time management skills.
Ability to grasp and understand mathematical concepts, including
accounting concepts, balancing, loan interest calculations.
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 work with little to no supervision while performing duties.
Ability to deal with problems involving multiple facets and variables in
non-standardized situations.
Excellent time management skills and accustomed to working with
deadlines.
Ability to comprehend and explain financial
calculations
EDUCATION, EXPERIENCE AND/OR LICENSES:
Bachelor's degree in accounting, finance, economics or related field
required and/or 3+ years of related work experience and/or training.
Financial analysis experience
working with business financial statements and tax returns and individual
financial statements and tax returns preferred.
