Associate - Fund Finance Specialist

4 weeks ago


New York, New York, United States Pacific Western Bank Full time
Job Summary

Banc of California is seeking a highly skilled Associate to join its Fund Finance team. As a key member of the team, you will be responsible for monitoring the performance of assigned borrowers, identifying financial trends, and ensuring compliance with loan covenants.

Responsibilities
  • Collaborate with the originations team to prepare for loan closing and ensure timely and accurate risk rating assessments.
  • Monitor payment performance, address delinquencies, and inform management of developing problems.
  • Communicate with clients and other relevant parties to establish a thorough understanding of account relationships.
  • Adhere to procedures for data entry into AblSoft and other systems to ensure accuracy of data.
  • Respond to client requests for additional funding or loan modifications.
  • Prepare periodic reports and summaries to keep management informed on portfolio performance.
  • Develop relationships with clients to ensure a high-functioning relationship for both parties.
  • Communicate with clients and supervisors to resolve loan issues or questions.
  • Attend client and prospect events to expand the network and promote Banc of California's brand.
Qualifications
  • Demonstrates knowledge of state and federal regulations and laws, including Regulation Z, Regulation B, Fair Housing Act, and Bank Secrecy Act.
  • Strong analytical and communication skills, with the ability to analyze financial statements and multi-task in a fast-paced environment.
  • Ability to develop relationships with clients and key constituents in the regional market.
  • Proficient with PowerPoint, Word, and Excel.
  • Championing Customer Needs, Communicating Effectively, Delivering High Quality Work, Demonstrating Initiative, and Supporting Change are essential skills for this role.
Preferred Qualifications
  • 2-3 years of related experience or public accounting.
  • Bachelor's degree in Finance or Accounting.
  • CPA or MBA preferred.
Salary Range

$50,000.00-$103,711.00 USD; Final salary to be determined by education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with geographic/market data.



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