Position Overview:

Banc of California, Inc. (NYSE: BANC) is a prominent bank holding entity based in Los Angeles, with a dedicated banking subsidiary, Banc of California. Our institution stands out as a leading relationship-focused business bank, dedicated to delivering banking and treasury management solutions tailored for small, middle-market, and venture-backed enterprises. We provide a comprehensive suite of loan and deposit offerings through over 70 full-service branches across California, as well as in Denver, Colorado, and Durham, North Carolina. Additionally, we offer integrated payment processing services through our subsidiary, Deepstack Technologies. Our commitment to local communities is reflected in our support for organizations that promote financial literacy, job training, small business assistance, affordable housing, and more.

Role Summary:

The individual in this role will assist in managing post-closing activities in collaboration with relationship managers, ensuring data accuracy as confirmed by the credit team. This position involves monitoring an assigned credit portfolio for compliance with covenants, collateral oversight, and potential credit deterioration using the tickler management system. The role includes coordinating annual loan reviews and identifying any necessary risk rating adjustments. The candidate will participate in assessing borrower creditworthiness and provide informed recommendations on credit decisions to the credit administration team, while remaining aware of risk implications, audit controls, and necessary documentation. Staying informed about industry-related, political, and regulatory developments is essential to evaluate their effects on specific sectors or clients. All responsibilities must be executed in accordance with company policies, as well as state and federal laws and regulations applicable to our operations.

Key Responsibilities:

• Collaborate with the underwriting team to gain insights into new credits and modifications to existing credits, determining suitable loan covenants to facilitate early detection of credit deterioration.
• Utilize CASH for monitoring ticklers and covenants, ensuring proactive oversight of the assigned credit portfolio.
• Review and input necessary loan codes to guarantee accurate reporting and CECL data collection.
• Work alongside relationship managers and credit analysts to gather essential information for annual reviews and covenant compliance monitoring.
• Assist in analyzing appraisal and environmental reports during annual reviews.
• Support the identification of problem loans and escalate potential risk rating changes to the underwriting team.
• Play a crucial role in ensuring audit and examination readiness in collaboration with underwriting teams.
• Ensure compliance with all relevant regulations, policies, and procedures while staying updated on changes in banking regulations and completing online training courses.
• Exhibit respect and integrity in all interactions, uphold organizational values, and take responsibility for personal actions.
• Adhere to policies and procedures, completing tasks accurately and punctually to support the company’s objectives and values.
• Demonstrate knowledge of and compliance with EEO policies, fostering a respectful and diverse work environment.
• Perform duties safely, reporting any potentially unsafe conditions, and comply with occupational safety and health standards.
• Carry out additional duties and projects as assigned.

Qualifications:

• Proven knowledge of compliance with state and federal regulations pertinent to this role, including but not limited to Regulation Z, Regulation B, Fair Housing Act, HMDA, RESPA, FCRA, BSA, and AML.
• Familiarity with the bank's loan policies.
• Understanding of moderately complex loan documentation and collateral perfection.
• Proficient in computer operations, particularly Microsoft Office applications such as Word, Excel, PowerPoint, and Outlook.
• Strong organizational and time management skills.
• Solid grasp of lending principles, particularly cash flow and collateral analysis, as well as loan structuring.
• Excellent oral, written, and interpersonal communication skills, with a strong emphasis on analytical writing.
• Ability to make decisions impacting the immediate work unit and cross-functional departments.
• Capability to comprehend and articulate financial calculations and pricing alternatives.
• Ability to follow instructions, train personnel, write reports, and communicate effectively with customers and colleagues.
• Experience in making presentations, both formal and informal, to various groups.
• Ability to tackle complex problems involving multiple facets in non-standardized situations.
• Ability to work independently with minimal supervision.
• A bachelor's degree is preferred, along with 1 to 2 years of relevant experience or training; or an equivalent combination of education and experience.
• Prior experience should encompass roles involving cash flow and collateral analysis and loan structuring.
• Experience in financial analysis of business financial statements and tax returns is preferred.
• Familiarity with syndicated credits and various credit products, including derivatives, is advantageous.

Salary Range: $68,038.72 USD; final salary will be determined based on the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and market data.