Banc of California
Overview
Description
If you think you are the right match for the following opportunity, apply after reading the complete description. 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”). Banc of California is a relationship-based business bank focused on providing banking and treasury management services to small, middle-market, and venture-backed businesses. The bank offers a broad range of loan and deposit products and services, with full-service branches throughout California and Denver, Colorado, and 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. We foster an environment where everyone can reach their full potential, with a culture of empowerment, progressive thinking, and entrepreneurial spirit. Our core values – Entrepreneurialism, Operational Excellence, and Superior Analytics – empower us to create 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 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 any 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. Responsible for determining the credit worthiness of the borrower and recommending credit decisions to Credit Administration. Performs all duties in accordance with the company’s policies and procedures and all applicable state and federal 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 law firm or in-house counsel. Recommends credit actions by preparing the Credit Approval Report (CAR) for submission to Credit Administration. Works with Loan Administration to obtain due diligence information, perform risk rating reviews, and monitor covenant compliance and ticklers. Reviews Letters of Interest (LOI) for consistency between loan documents and CAM. May make joint customer calls with RM to assess client needs, business, and management team. Ensures compliance with applicable regulations, policies and procedures. Keeps up with changes to banking regulation and completes bank training courses online, and on time. Has intermediate knowledge of appraisals, borrowing base reports, and collateral examinations. Completes Problem Loan Status Reports (PLSRs) with guidance from manager. Responsible for ongoing proactive and correct identification and monitoring of Risk Ratings for borrowers under the bank’s Risk Rating Policies. Treat people with respect; keep commitments; inspire trust; work ethically and with integrity; uphold organizational values; accept responsibility for actions. Demonstrates knowledge of and adherence to EEO policy; shows respect for cultural differences; educates others on diversity and promotes a harassment-free environment; supports affirmative action. 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 compliance with OSHA standards and applicable regulations. Performs other duties and projects as assigned. What You’ll Bring
Bachelor’s degree in accounting, finance, economics or related field and/or relevant work experience. Formal credit training and/or Intermediate/Financial Accounting 1 and 2 preferred. Intermediate/Financial Accounting 1 and 2 required. Experience in lending with good to strong understanding of cash flow, collateral analysis, and loan structuring. Knowledge and adherence to state and federal regulations and laws relevant to this position (e.g., Regulation Z, B; FHA; HMDA; RESPA; FCRA; BSA/AML/CIP; RFPA; CRA). Working knowledge of the Bank’s Loan Policies and Standards. Strong computer skills, including Microsoft Office (Word, Excel, PowerPoint, Outlook). Advanced math skills including interest calculations and financial analyses. Excellent organizational and time management abilities. Exceptional written and verbal communication skills; analytical writing is a must. Ability to make decisions with moderate impact on the immediate work unit and cross-functional departments. Ability to explain financial calculations and pricing options; present information clearly to colleagues and clients. Ability to train others, write reports, and speak clearly to customers and employees. Ability to present to teams and other groups as needed. Ability to handle complex problems with multiple variables and work with limited supervision. How We’ll Support You
Financial Security:
Eligible to participate in a 401(k) plan with 100% match on the first 4% of contributions, immediately vested. Health & Well-Being:
Comprehensive insurance options including medical, dental, vision, AD&D, life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Accounts. Building & Supporting Your Family:
Adoption, surrogacy, and fertility assistance; paid parental leave and family support solutions including care options. Paid Time Away:
Paid vacation days, holidays, and volunteer time off. Career Growth Opportunities:
Tuition reimbursement, mentorship program, leadership development resources, access to LinkedIn Learning, and more. Salary Range The base salary offered is determined based on education, experience, training, knowledge, skills, and market factors. Banc of California is an equal opportunity employer committed to a diverse workforce. All qualified applicants will receive consideration without regard to age, race, color, religion, sex, national origin, disability, or any other protected characteristic as required by law. If you require reasonable accommodation during the application process, please contact Talent Acquisition. Other Policy Notices Know Your Rights notices and Equal Opportunity Employer statements maintained as required by federal and state law.
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Description
If you think you are the right match for the following opportunity, apply after reading the complete description. 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”). Banc of California is a relationship-based business bank focused on providing banking and treasury management services to small, middle-market, and venture-backed businesses. The bank offers a broad range of loan and deposit products and services, with full-service branches throughout California and Denver, Colorado, and 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. We foster an environment where everyone can reach their full potential, with a culture of empowerment, progressive thinking, and entrepreneurial spirit. Our core values – Entrepreneurialism, Operational Excellence, and Superior Analytics – empower us to create 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 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 any 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. Responsible for determining the credit worthiness of the borrower and recommending credit decisions to Credit Administration. Performs all duties in accordance with the company’s policies and procedures and all applicable state and federal 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 law firm or in-house counsel. Recommends credit actions by preparing the Credit Approval Report (CAR) for submission to Credit Administration. Works with Loan Administration to obtain due diligence information, perform risk rating reviews, and monitor covenant compliance and ticklers. Reviews Letters of Interest (LOI) for consistency between loan documents and CAM. May make joint customer calls with RM to assess client needs, business, and management team. Ensures compliance with applicable regulations, policies and procedures. Keeps up with changes to banking regulation and completes bank training courses online, and on time. Has intermediate knowledge of appraisals, borrowing base reports, and collateral examinations. Completes Problem Loan Status Reports (PLSRs) with guidance from manager. Responsible for ongoing proactive and correct identification and monitoring of Risk Ratings for borrowers under the bank’s Risk Rating Policies. Treat people with respect; keep commitments; inspire trust; work ethically and with integrity; uphold organizational values; accept responsibility for actions. Demonstrates knowledge of and adherence to EEO policy; shows respect for cultural differences; educates others on diversity and promotes a harassment-free environment; supports affirmative action. 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 compliance with OSHA standards and applicable regulations. Performs other duties and projects as assigned. What You’ll Bring
Bachelor’s degree in accounting, finance, economics or related field and/or relevant work experience. Formal credit training and/or Intermediate/Financial Accounting 1 and 2 preferred. Intermediate/Financial Accounting 1 and 2 required. Experience in lending with good to strong understanding of cash flow, collateral analysis, and loan structuring. Knowledge and adherence to state and federal regulations and laws relevant to this position (e.g., Regulation Z, B; FHA; HMDA; RESPA; FCRA; BSA/AML/CIP; RFPA; CRA). Working knowledge of the Bank’s Loan Policies and Standards. Strong computer skills, including Microsoft Office (Word, Excel, PowerPoint, Outlook). Advanced math skills including interest calculations and financial analyses. Excellent organizational and time management abilities. Exceptional written and verbal communication skills; analytical writing is a must. Ability to make decisions with moderate impact on the immediate work unit and cross-functional departments. Ability to explain financial calculations and pricing options; present information clearly to colleagues and clients. Ability to train others, write reports, and speak clearly to customers and employees. Ability to present to teams and other groups as needed. Ability to handle complex problems with multiple variables and work with limited supervision. How We’ll Support You
Financial Security:
Eligible to participate in a 401(k) plan with 100% match on the first 4% of contributions, immediately vested. Health & Well-Being:
Comprehensive insurance options including medical, dental, vision, AD&D, life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Accounts. Building & Supporting Your Family:
Adoption, surrogacy, and fertility assistance; paid parental leave and family support solutions including care options. Paid Time Away:
Paid vacation days, holidays, and volunteer time off. Career Growth Opportunities:
Tuition reimbursement, mentorship program, leadership development resources, access to LinkedIn Learning, and more. Salary Range The base salary offered is determined based on education, experience, training, knowledge, skills, and market factors. Banc of California is an equal opportunity employer committed to a diverse workforce. All qualified applicants will receive consideration without regard to age, race, color, religion, sex, national origin, disability, or any other protected characteristic as required by law. If you require reasonable accommodation during the application process, please contact Talent Acquisition. Other Policy Notices Know Your Rights notices and Equal Opportunity Employer statements maintained as required by federal and state law.
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