AVP / VP, Portfolio Manager

Overview

Be among the first 25 applicants. Banc of California, Inc. (NYSE : BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California. The bank serves small, middle-market, and venture-backed businesses with banking and treasury management services, deposits, loans, and full-stack payment processing solutions through its subsidiary, Deepstack Technologies. The bank is committed to its local communities by supporting financial literacy, job training, small business support, affordable housing, and more.

At Banc of California, our success is driven by our people. We foster an environment of empowerment, progressive thinking, and entrepreneurial spirit, and we are committed to supporting your growth and well-being with comprehensive benefits and development programs.

The Opportunity

Responsible for providing financial, credit, and trend analysis for the delivery of the bank’s credit products and services to middle market and other business clients and prospects. Monitors assigned credit relationships for covenant compliance, collateral monitoring, and credit deterioration as applicable. Conducts annual reviews of loans and identifies risk rating changes. Keeps apprised of industry-related, political, and regulatory issues to determine their impact on specific industries or clients. Acts independently from sales teams to structure and evaluate credit requests. Determines the credit worthiness of the borrower and recommends credit decisions to Credit Administration. Performs all duties in accordance with the bank’s policies and procedures and applicable laws and regulations.

How You’ll Make a Difference

• Independently evaluates and structures lower complexity credit requests, including asset-based lending, term loans, and commercial real estate loans.
• Performs independent credit analysis and risk assessment of new and existing credit requests, including analysis of financial statements and third-party reports such as property appraisals.
• With Relationship Manager, drafts loan documents prepared by outside counsel or in-house counsel.
• Recommends credit actions by preparing the Credit Approval Report (CAR) for Credit Administration decisioning.
• Collaborates with Loan Administration to obtain due diligence, perform risk rating reviews, and monitor covenant compliance.
• Reviews Letters of Interest (LOIs) and ensures consistency between loan documents and CAM.
• May participate in joint customer calls to assess client needs and management.
• Ensures compliance with applicable regulations, policies, and procedures; completes mandatory trainings.
• Maintains knowledge of appraisals, borrowing base reports, and collateral exams; completes required reports (PLSRs) with guidance.
• Identifies and monitors Borrower risk ratings in accordance with the Bank’s Risk Rating Policies.
• Upholds professional values and maintains ethical standards and a diverse, inclusive workplace.

What You’ll Bring

How We’ll Support You

Salary Range

The base salary is determined based on education, experience, training, knowledge, skills, and market data.

Banc of California is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, creed, disability, marital status, medical condition, national origin, race, sex, gender identity or expression, or sexual orientation. Reasonable accommodation is available on request during the application process.

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