Current jobs related to Credit Portfolio Analyst - Escondido, California - Banc of California

Overview:

Banc of California, Inc. (NYSE: BANC) operates as a bank holding company based in Los Angeles, with a wholly-owned banking subsidiary, Banc of California. This institution stands out as one of the nation's leading relationship-focused business banks, dedicated to delivering banking and treasury management solutions tailored for small, middle-market, and venture-backed enterprises. Banc of California provides a comprehensive array of loan and deposit offerings through over 70 full-service branches across California, as well as in Denver, Colorado, and Durham, North Carolina. Additionally, it offers complete payment processing services via its subsidiary, Deepstack Technologies. The bank is committed to community engagement, supporting initiatives that enhance financial literacy, job training, small business assistance, affordable housing, and more.

Job Summary:

The individual in this role will assist with post-closing responsibilities in collaboration with relationship managers, ensuring data integrity as verified by the credit team. This position involves monitoring an assigned credit portfolio for compliance with covenants, collateral oversight, and identifying credit deterioration through the tickler management system. The role also includes coordinating annual loan reviews and recognizing any changes in risk ratings. The incumbent will participate in assessing the creditworthiness of borrowers and provide informed recommendations on credit decisions to credit administration, 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 impact on specific sectors or clients. All duties must be performed in accordance with the company's policies and procedures, as well as applicable U.S. state and federal laws and regulations.

Key Responsibilities:

• Collaborate with the underwriting team to gain insights into new credits and modifications to existing credits, determining suitable loan covenants to establish early warning systems for credit deterioration.
• Input and actively monitor the assigned credit portfolio using CASH for tracking ticklers and covenants, as necessary.
• Review and input appropriate loan codes to ensure accurate reporting and CECL data collection.
• Work alongside relationship managers and credit analysts to gather necessary information for annual reviews and monitor covenant compliance.
• 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 vital role in collaborating with underwriting teams to ensure readiness for audits and examinations.
• Coordinate with other underwriting team members to ensure adherence to all relevant regulations, policies, and procedures, while keeping abreast of changes in banking regulations and completing online training courses.
• Demonstrate respect for individuals, uphold commitments, inspire trust, and act with integrity, aligning with organizational values.
• Adhere to policies and procedures, completing tasks accurately and punctually, while supporting the company's goals and values.
• Exhibit knowledge of and compliance with EEO policies, promoting respect and sensitivity for cultural differences, and fostering a diverse and harassment-free workplace.
• Perform duties safely, ensuring the health and safety of oneself and others, and report any potentially unsafe conditions. Compliance with occupational safety and health standards is expected.
• Carry out additional duties and projects as assigned.

Qualifications:

• Proven knowledge of and compliance with state and federal regulations relevant to this position, including but not limited to: Regulation Z, Regulation B, Fair Housing Act, Home Mortgage Disclosure Act, Real Estate Settlement Procedures Act, Fair Credit Reporting Act, Bank Secrecy Act, Anti-Money Laundering regulations, and the Community Reinvestment Act.
• Familiarity with the bank's loan policies.
• Understanding of moderately complex loan documentation and collateral perfection.
• Proficient in computer and personal computer operations, including Microsoft Office applications such as Word, Excel, PowerPoint, and Outlook.
• Strong organizational and time management skills.
• Solid understanding of lending practices, particularly cash flow and collateral analysis, as well as loan structuring.
• Excellent oral, written, and interpersonal communication skills, with strong analytical writing capabilities.
• 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 formal and informal presentations to various groups as required.
• Ability to navigate complex problems involving multiple facets and variables in non-standard situations.
• Capacity 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 requiring cash flow and collateral analysis, as well as loan structuring.
• Financial analysis experience with business financial statements, tax returns, and individual financial statements and tax returns is preferred.
• Experience in syndicated credits and various credit products, including derivatives, is advantageous.

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