AVP / VP, Portfolio Manager

BANC OF CALIFORNIA AND YOUR CAREER

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”). The bank focuses on providing banking and treasury management services to small, middle-market, and venture-backed businesses, with branches throughout California and Denver, Colorado, and full-stack payment processing through its subsidiary, Deepstack Technologies. The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more.

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 the 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 all 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.
• In conjunction with Relationship Manager, involved in drafting loan documents prepared by outside counsel or in-house counsel.
• Recommends credit actions by preparing the Credit Approval Report (CAR) for final decisioning by Credit Administration.
• Works with Loan Administration to obtain due diligence information needed to underwrite the credit, perform risk rating reviews, and monitor covenant compliance.
• Reviews Letters of Interest (LOI) to ensure consistency between loan documents and the CAM.
• May participate in joint customer calls with RM to assess client needs, business, and management team.
• Ensures compliance with applicable regulations, policies, and procedures; stays current with changes to banking regulation and completes bank training courses online and on time.
• Has intermediate knowledge of appraisals, borrowing base reports, and collateral exams.
• Completes Problem Loan Status Reports (PLSRs) with guidance from manager.
• Responsible for ongoing proactive identification and monitoring of Risk Ratings for Borrowers under the Bank’s Risk Rating Policies.
• Upholds the bank’s values : treat people with respect, keep commitments, act with integrity, and promote a diverse, inclusive workplace.
• Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.
• Performs the position safely and reports potentially unsafe conditions in accordance with OSHA standards.
• Performs other duties and projects as assigned.

What You’ll Bring

How We’ll Support You

Salary Range

The base salary is determined by evaluating education, experience, training, knowledge, skills, and abilities in alignment with market data and other factors.

Banc of California is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, religious creed, disability, marital status, medical condition, genetic information, national origin, race, sex, gender, gender identity, gender expression, or sexual orientation. If you require reasonable accommodation during the application process, please contact Talent Acquisition.

Note : Seniority level, Employment type, Job function, and Industries are listed separately below.

Seniority level

Employment type

Job function

Industries

Referrals increase your chances of interviewing at Banc of California by 2x

Los Angeles Metropolitan Area

#J-18808-Ljbffr