VP, Portfolio Manager

2 days ago Be among the first 25 applicants 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 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. THE OPPORTUNITY Responsible for providing financial, credit, and trend analysis for the delivery of the Banks 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. Conduct annual reviews of loans and identify any risk rating changes. Keeps apprised of industry related, political and regulatory issues to determine their impact on specific industries or clients. Acts in an independent fashion from the sales teams to structure and evaluate credit requests. Is 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, all U.S. state and federal laws and regulations, wherein the company operates. How You’ll Make a Difference Independently evaluates and structures lower complexity credit requests, including, but not limited to asset-based lending, term loans, and commercial real estate loans. Performs independent credit analysis and risk assessment of new and existing credit requests, including preparing analysis of financial statements and various other 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”) which is submitted to Credit Administration for final decisioning. Works with Loan Administration team to obtain due diligence information needed to underwrite the credit request, perform risk rating reviews, and/or monitor covenant compliance and ticklers. Reviews the Letters of Interest (LOI) and ensures consistency between the loan documents and the CAM. May make joint customer calls with RM to assess client’s needs, business, and management team. Ensures compliance with all 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 exams. 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 Risk Rating Policies of the Bank. Demonstrates core values and professional conduct, including respect, integrity, and accountability, and supports 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, without endangering the health or safety to themselves or others and reports potentially unsafe conditions in compliance with OSHA standards. Performs other duties and projects as assigned. What You’ll Bring Bachelor's degree in accounting, finance, economics or related field and/or related work experience. Formal credit training and/or Intermediate/Financial Accounting 1 and 2 preferred. Intermediate/Financial Accounting 1 and 2 needed. Strong understanding of lending, including cash flow and collateral analysis and loan structuring. Working knowledge of relevant state and federal regulations and laws (e.g., Regulation Z, Regulation B, FHA, HMDA, RESPA, FCRA, BSA/AML, CIP, RFPA, CRA). Working knowledge of the Bank’s Loan Policies and Standards. Proficiency with Microsoft Office (Word, Excel, PowerPoint, Outlook). Advanced math skills; ability to analyze financial calculations and pricing; strong analytical and written communication skills. Ability to work with minimal supervision and make informed decisions with moderate impact on the unit and cross-functional departments. Ability to present information verbally and in writing to internal and external audiences. Ability to handle complex problems with multiple variables in non-standardized situations. How We’ll Support You Financial Security: Eligible to participate in a 401k 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 Account (FSA). Family Support: Adoption, surrogacy, and fertility assistance; paid parental leave and family support solutions. Paid Time Away: Paid vacation, holidays, and volunteer time off. Career Growth: Tuition reimbursement, mentorship programs, leadership development resources, LinkedIn Learning access, and more. SALARY RANGE The base salary is determined through a review of education, industry experience, training, knowledge, skills, abilities, and 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, ancestry, color, religious creed, disability, marital status, medical condition, genetic information, military/veteran status, national origin, race, sex, gender identity/expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition. Seniority level

Mid-Senior level Employment type

Full-time Job function

Finance and Sales Industries

Banking

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