Banc of California
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Senior Loan Administrator
role at
Banc of California . Banc of California is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary. Banc of California provides 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 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. THE OPPORTUNITY
The Senior Loan Administrator is responsible for independent decision-making, the review and analysis of loan transactions, and the timely processing of loan transactions from application through funding and closing. This role supports all loan parties and performs duties related to due diligence, closing, and funding in accordance with company policies, procedures, and applicable U.S. state and federal laws and regulations. How You’ll Make a Difference
Conduct thorough review of the loan file/loan package to ensure it includes all relevant documentation required for the transaction. Independently analyze transaction types and determine necessary due diligence items and legal documents required to ensure accurate closings and compliance with bank and regulatory requirements and procedures. Collaborate with clients, Relationship Managers, and others on the loan team to ensure timely closing of loans. Handle complex loans, including those involving outside legal documentation, Syndications/Participations, and Specialized Lending. Perform pre-funding validation of the internal SOX control related to loan origination funding. Identify open items and work with appropriate parties to collect necessary items; manage and update open items list as received and reviewed. Coordinate insurance needs with customer, brokers, and Relationship Manager to ensure proper insurance is received in a timely manner. Order flood certification and complete requirements according to company and regulatory requirements; review evidence of insurance for compliance with bank and regulatory requirements; perform final review of flood calculator, determinations, and insurance requirements for NFIP compliance. Order preliminary/title reports, exceptions, and plotted easements; liaise with Title Officer and Underwriter to address issues; request revisions with title company as needed. Order third-party collateral reports (appraisal, environmental, etc.) and review for issues; order additional reports as dictated by findings. Open escrow and title as needed; coordinate closings and ensure escrow settlement accuracy prior to funding and closing. Review and validate entity structure and organizational documents; obtain additional documentation to support reviews (e.g., Certificate of Good Standing, Statement of Information, trust certification). Prepare lenders instruction letter when escrow is involved; independently complete loan closing and funding package, balancing sheet, wires, and final checklist for pre-funding review and boarding. Assist in perfection of collateral (e.g., filing UCC1, Tax Service Contracts); perform post-closing follow-up and ensure all collateral/trailing documentation is received. Ensure bank-controlled accounts are opened and holds are placed as required; respond to inquiries regarding loan closing status. Maintain close coordination with outside counsel to keep closing checklists up to date and follow up with clients to obtain timely items. Monitor loan pipeline and track progress using the nCino Loan Admin Workflow as needed; track good faith deposits and rate lock expirations; obtain necessary extensions as needed. Request payoff demands from existing lenders; process withdrawn/declined transactions and prepare balancing spreadsheets for refunds and any required adverse action letters. Maintain professionalism and a client-focused attitude; ensure final documents and due diligence are saved to the official document repository. Cross-train junior Loan Administrators and provide backup support as needed; work independently with minimal supervision. Possess specialized knowledge of loan boarding functions, terminology, policies, and procedures and may perform due diligence for commercial loan purchases. Uphold company values, promote diversity, adhere to EEO policies, and maintain a safe and ethical work environment. Perform other duties and projects as assigned. What You’ll Bring
Knowledge of branch functions associated with origination, processing, and closing. Compliance with all Bank policies, procedures, and applicable state and federal banking regulations. Ability to exercise discretion and independent judgment with moderate impact on the immediate work unit and cross-functional departments. Ability to make conclusive recommendations based on independent analysis; proficient knowledge of title policies and related loan regulations (e.g., RESPA, HMDA). Knowledge of commercial insurance terminology, forms, and bank requirements; proficiency with Microsoft Office. Strong organizational and time management skills; effective communication skills. Ability to work independently with minimal supervision. Bachelor’s Degree and/or relevant work experience or training. Required
Understanding of documents required for borrowing entities and ability to assess if legal documents cover terms and conditions for the credit product. Current knowledge of Real Estate, Construction, Commercial & Industrial (C&I), Entertainment, Specialty Lending, Asset Based Lending, and Syndicated Lending loans. Minimum of three to five years of commercial loan administration and financial services experience including loan documentation preparation, closing, and funding. Preferred
Familiar with IBS (or similar) loan system. How We’ll Support You
Financial Security: Eligible for the company’s 401k plan with match and immediate vesting. Health & Well-Being: Comprehensive medical, dental, vision, AD&D, life insurance, disability, and pre-tax accounts with employer contributions. Family Support: Adoption, surrogacy, fertility assistance, paid parental leave, and family care options. Paid Time Away: Paid vacation, holidays, and volunteer time off. Career Growth: Tuition reimbursement, mentorship program, leadership development, LinkedIn Learning, and more. SALARY RANGE The full-time base salary range for this position is $70,000.00 - $100,000.00 USD per year. Final offer depends on education, experience, and alignment with market data. Banc of California is an equal opportunity employer committed to a diverse workforce. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, religious creed, disability, marital status, medical condition, genetic information, military status, national origin, race, sex, gender identity, gender expression, or sexual orientation. If you require reasonable accommodation during the application process, please contact Talent Acquisition. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Industries
Banking Referrals increase your chances of interviewing at Banc of California. Get notified about new Senior Loan Administrator jobs in San Luis Obispo, CA.
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Senior Loan Administrator
role at
Banc of California . Banc of California is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary. Banc of California provides 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 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. THE OPPORTUNITY
The Senior Loan Administrator is responsible for independent decision-making, the review and analysis of loan transactions, and the timely processing of loan transactions from application through funding and closing. This role supports all loan parties and performs duties related to due diligence, closing, and funding in accordance with company policies, procedures, and applicable U.S. state and federal laws and regulations. How You’ll Make a Difference
Conduct thorough review of the loan file/loan package to ensure it includes all relevant documentation required for the transaction. Independently analyze transaction types and determine necessary due diligence items and legal documents required to ensure accurate closings and compliance with bank and regulatory requirements and procedures. Collaborate with clients, Relationship Managers, and others on the loan team to ensure timely closing of loans. Handle complex loans, including those involving outside legal documentation, Syndications/Participations, and Specialized Lending. Perform pre-funding validation of the internal SOX control related to loan origination funding. Identify open items and work with appropriate parties to collect necessary items; manage and update open items list as received and reviewed. Coordinate insurance needs with customer, brokers, and Relationship Manager to ensure proper insurance is received in a timely manner. Order flood certification and complete requirements according to company and regulatory requirements; review evidence of insurance for compliance with bank and regulatory requirements; perform final review of flood calculator, determinations, and insurance requirements for NFIP compliance. Order preliminary/title reports, exceptions, and plotted easements; liaise with Title Officer and Underwriter to address issues; request revisions with title company as needed. Order third-party collateral reports (appraisal, environmental, etc.) and review for issues; order additional reports as dictated by findings. Open escrow and title as needed; coordinate closings and ensure escrow settlement accuracy prior to funding and closing. Review and validate entity structure and organizational documents; obtain additional documentation to support reviews (e.g., Certificate of Good Standing, Statement of Information, trust certification). Prepare lenders instruction letter when escrow is involved; independently complete loan closing and funding package, balancing sheet, wires, and final checklist for pre-funding review and boarding. Assist in perfection of collateral (e.g., filing UCC1, Tax Service Contracts); perform post-closing follow-up and ensure all collateral/trailing documentation is received. Ensure bank-controlled accounts are opened and holds are placed as required; respond to inquiries regarding loan closing status. Maintain close coordination with outside counsel to keep closing checklists up to date and follow up with clients to obtain timely items. Monitor loan pipeline and track progress using the nCino Loan Admin Workflow as needed; track good faith deposits and rate lock expirations; obtain necessary extensions as needed. Request payoff demands from existing lenders; process withdrawn/declined transactions and prepare balancing spreadsheets for refunds and any required adverse action letters. Maintain professionalism and a client-focused attitude; ensure final documents and due diligence are saved to the official document repository. Cross-train junior Loan Administrators and provide backup support as needed; work independently with minimal supervision. Possess specialized knowledge of loan boarding functions, terminology, policies, and procedures and may perform due diligence for commercial loan purchases. Uphold company values, promote diversity, adhere to EEO policies, and maintain a safe and ethical work environment. Perform other duties and projects as assigned. What You’ll Bring
Knowledge of branch functions associated with origination, processing, and closing. Compliance with all Bank policies, procedures, and applicable state and federal banking regulations. Ability to exercise discretion and independent judgment with moderate impact on the immediate work unit and cross-functional departments. Ability to make conclusive recommendations based on independent analysis; proficient knowledge of title policies and related loan regulations (e.g., RESPA, HMDA). Knowledge of commercial insurance terminology, forms, and bank requirements; proficiency with Microsoft Office. Strong organizational and time management skills; effective communication skills. Ability to work independently with minimal supervision. Bachelor’s Degree and/or relevant work experience or training. Required
Understanding of documents required for borrowing entities and ability to assess if legal documents cover terms and conditions for the credit product. Current knowledge of Real Estate, Construction, Commercial & Industrial (C&I), Entertainment, Specialty Lending, Asset Based Lending, and Syndicated Lending loans. Minimum of three to five years of commercial loan administration and financial services experience including loan documentation preparation, closing, and funding. Preferred
Familiar with IBS (or similar) loan system. How We’ll Support You
Financial Security: Eligible for the company’s 401k plan with match and immediate vesting. Health & Well-Being: Comprehensive medical, dental, vision, AD&D, life insurance, disability, and pre-tax accounts with employer contributions. Family Support: Adoption, surrogacy, fertility assistance, paid parental leave, and family care options. Paid Time Away: Paid vacation, holidays, and volunteer time off. Career Growth: Tuition reimbursement, mentorship program, leadership development, LinkedIn Learning, and more. SALARY RANGE The full-time base salary range for this position is $70,000.00 - $100,000.00 USD per year. Final offer depends on education, experience, and alignment with market data. Banc of California is an equal opportunity employer committed to a diverse workforce. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, religious creed, disability, marital status, medical condition, genetic information, military status, national origin, race, sex, gender identity, gender expression, or sexual orientation. If you require reasonable accommodation during the application process, please contact Talent Acquisition. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Industries
Banking Referrals increase your chances of interviewing at Banc of California. Get notified about new Senior Loan Administrator jobs in San Luis Obispo, CA.
#J-18808-Ljbffr