Banc of California
Overview
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). Banc of California is one of the nation’s premier relationship-based business banks focused on providing banking and treasury management services to small, middle-market, and venture-backed businesses. Banc of California offers a broad range of loan and deposit products and services, with full-service branches throughout California and Denver, Colorado, as well as full-stack payment processing solutions 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.
At Banc of California, our success is driven by our people, and we take pride in fostering an environment where everyone can reach their full potential. We embrace a culture of empowerment, progressive thinking, and entrepreneurial spirit, ensuring our team members have an opportunity to make an impact and play an important role in the future of Banc of California. Our core values – Entrepreneurialism, Operational Excellence, and Superior Analytics – empower us in creating a dynamic and inclusive workplace. We are committed to supporting your growth and well-being with comprehensive benefits, career development programs, a variety of employee resource groups, and more. TOGETHER WE WIN
The Opportunity The SVP, Credit Manager is responsible for hands on management of all credit risk aspects of the lending process and the Corporate Asset Finance CAF loan portfolio under the general supervision of the Managing Director, CAF. Responsible for loan underwriting and credit approval with direct involvement in all credit administration activities including the development and maintenance of loan policies and procedures, and the tracking of loan portfolio trends, concentrations and statistics through a variety of reports and systems. Works directly with unit managers to establish priorities and coordinate workflow. Performs all duties in accordance with the Companys policies and procedures, all US state and federal laws and regulations, wherein the Company operates.
Responsibilities
Works closely with lending staff to provide support, underwriting assistance and credit approval ensuring compliance with credit policy and regulatory guidance.
Manages, executes, and enforces the Banks credit policy.
Takes action as needed to ensure adherence to the credit risk profile established by the Board of Directors.
Approves all extensions of new credit and renewals and modifications of existing credit within its authority.
Works closely with lending staff regarding overdrafts and loan tickler status.
Follows on delinquent payments and matured notes with lending staff.
Reviews reports to ensure reporting operating compliance and real estate inspection ticklers are maintained.
Shows interpersonal adaptability when dealing with many different personality styles.
Assists lending staff with vetting, loan structuring, pricing and approvals.
Direct involvement with classified assets, develops plans with management and staff to improve the bank’s position, and anticipates deterioration on individual loans by proper risk rating.
Ensures that new loans are properly risk rated per Bank’s risk rating definitions.
Strong knowledge of bank related lending regulations.
Stays abreast of new systems and processes that will streamline and create more efficient loan operations.
Involved with interviewing and hiring decisions.
Prepare and deliver employee performance evaluations, goal planning, and counseling.
Manage, support, coach and train staff.
Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.
Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
Follows policies and procedures; completes tasks correctly and on time; supports the companys goals and values.
Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to ones own actions and conduct.
Performs other duties and projects as assigned.
Experience
Twelve (12) or more years of credit, loan, and senior level credit risk administration experience
Banking or commercial finance experience
Management experience
Education and Certifications
Bachelor’s degree in business, finance, or related field
Skills, Behaviors, and Knowledge
Excellent attention to detail and accuracy
Superior interpersonal verbal and written communication skills
Ability to handle multiple priorities and projects simultaneously
Ability to work independently yet collaborate cross-functional in a team environment
Proven ability to use Microsoft Office Suite Outlook, Excel, MS Word, and PowerPoint
Excellent organizational and time management skills
Extensive knowledge of credit, collateral, and lending regulations
Review and be knowledgeable of departmental and human resource procedures
Benefits How We’ll Support You
Financial Security:
You will be eligible to participate in the companys 401k plan which includes a company match and immediate vesting.
Health and Well being:
We offer comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long term disability, pre tax Health Savings Account with employer contributions, and pre tax Flexible Spending Account FSA.
Building and Supporting Your Family:
Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.
Paid Time Away:
Eligible team members receive paid vacation days, holidays, and volunteer time off.
Career Growth Opportunities:
To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.
SALARY RANGE
The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.
Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to age 40 and over, ancestry, color, religious creed including religious dress and grooming practices, denial of Family and Medical Care Leave, disability including HIV and AIDS, marital status, medical condition cancer and genetic characteristics, genetic information, military and veteran status, national origin including language use restrictions, race, sex which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding, gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights poster from the Department of Labor.
Equal Opportunity Employer
PacWest Bancorp and its affiliates are fully committed to the principles of equal opportunity and diversity. We take pride in building a workplace culture where all employees feel supported and respected, and have equal access to career and development opportunities without regard to race, religion creed color national origin age marital status ancestry sex gender including pregnancy breastfeeding or related medical conditions gender identity expression sexual orientation veteran status physical or mental disability medical condition military status genetic information, or any other characteristic protected by federal state or local laws.
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At Banc of California, our success is driven by our people, and we take pride in fostering an environment where everyone can reach their full potential. We embrace a culture of empowerment, progressive thinking, and entrepreneurial spirit, ensuring our team members have an opportunity to make an impact and play an important role in the future of Banc of California. Our core values – Entrepreneurialism, Operational Excellence, and Superior Analytics – empower us in creating a dynamic and inclusive workplace. We are committed to supporting your growth and well-being with comprehensive benefits, career development programs, a variety of employee resource groups, and more. TOGETHER WE WIN
The Opportunity The SVP, Credit Manager is responsible for hands on management of all credit risk aspects of the lending process and the Corporate Asset Finance CAF loan portfolio under the general supervision of the Managing Director, CAF. Responsible for loan underwriting and credit approval with direct involvement in all credit administration activities including the development and maintenance of loan policies and procedures, and the tracking of loan portfolio trends, concentrations and statistics through a variety of reports and systems. Works directly with unit managers to establish priorities and coordinate workflow. Performs all duties in accordance with the Companys policies and procedures, all US state and federal laws and regulations, wherein the Company operates.
Responsibilities
Works closely with lending staff to provide support, underwriting assistance and credit approval ensuring compliance with credit policy and regulatory guidance.
Manages, executes, and enforces the Banks credit policy.
Takes action as needed to ensure adherence to the credit risk profile established by the Board of Directors.
Approves all extensions of new credit and renewals and modifications of existing credit within its authority.
Works closely with lending staff regarding overdrafts and loan tickler status.
Follows on delinquent payments and matured notes with lending staff.
Reviews reports to ensure reporting operating compliance and real estate inspection ticklers are maintained.
Shows interpersonal adaptability when dealing with many different personality styles.
Assists lending staff with vetting, loan structuring, pricing and approvals.
Direct involvement with classified assets, develops plans with management and staff to improve the bank’s position, and anticipates deterioration on individual loans by proper risk rating.
Ensures that new loans are properly risk rated per Bank’s risk rating definitions.
Strong knowledge of bank related lending regulations.
Stays abreast of new systems and processes that will streamline and create more efficient loan operations.
Involved with interviewing and hiring decisions.
Prepare and deliver employee performance evaluations, goal planning, and counseling.
Manage, support, coach and train staff.
Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.
Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
Follows policies and procedures; completes tasks correctly and on time; supports the companys goals and values.
Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to ones own actions and conduct.
Performs other duties and projects as assigned.
Experience
Twelve (12) or more years of credit, loan, and senior level credit risk administration experience
Banking or commercial finance experience
Management experience
Education and Certifications
Bachelor’s degree in business, finance, or related field
Skills, Behaviors, and Knowledge
Excellent attention to detail and accuracy
Superior interpersonal verbal and written communication skills
Ability to handle multiple priorities and projects simultaneously
Ability to work independently yet collaborate cross-functional in a team environment
Proven ability to use Microsoft Office Suite Outlook, Excel, MS Word, and PowerPoint
Excellent organizational and time management skills
Extensive knowledge of credit, collateral, and lending regulations
Review and be knowledgeable of departmental and human resource procedures
Benefits How We’ll Support You
Financial Security:
You will be eligible to participate in the companys 401k plan which includes a company match and immediate vesting.
Health and Well being:
We offer comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long term disability, pre tax Health Savings Account with employer contributions, and pre tax Flexible Spending Account FSA.
Building and Supporting Your Family:
Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.
Paid Time Away:
Eligible team members receive paid vacation days, holidays, and volunteer time off.
Career Growth Opportunities:
To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.
SALARY RANGE
The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.
Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to age 40 and over, ancestry, color, religious creed including religious dress and grooming practices, denial of Family and Medical Care Leave, disability including HIV and AIDS, marital status, medical condition cancer and genetic characteristics, genetic information, military and veteran status, national origin including language use restrictions, race, sex which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding, gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights poster from the Department of Labor.
Equal Opportunity Employer
PacWest Bancorp and its affiliates are fully committed to the principles of equal opportunity and diversity. We take pride in building a workplace culture where all employees feel supported and respected, and have equal access to career and development opportunities without regard to race, religion creed color national origin age marital status ancestry sex gender including pregnancy breastfeeding or related medical conditions gender identity expression sexual orientation veteran status physical or mental disability medical condition military status genetic information, or any other characteristic protected by federal state or local laws.
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