Banc of California
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Funder - Loan Coordinator
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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 a premier 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 local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more. The Opportunity
Responsible for ensuring final loan documents are accurately created and are in accordance with specific requirements and programs. Responsible for validating all information on all forms are in accordance with Bank and lending regulations. Provides final validation and approval of loan documents including pricing of loans and processes wire requests to closing agents. Monitor wet collateral report and note shipment requests. 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
Review incoming warehouse loan data file, funding documents and wire instructions. Review pricing of loans and disbursement amount requested; make necessary corrections if needed. Verifies all underwriting and doc conditions have been satisfied and signed off on loan approval. Assist with warehouse collateral shipping, collateral conversion and monitor wet collateral report and custodian aggregate reports Reviews collateral for conduit loan purchases and is responsible for sending to Note Custodian Responsible for conduit loan purchase collateral management in coordination with Note Custodian Follows up on all trailing docs for each conduit loan trade Adheres to all internal audit SOX/Controls for workflow Assist with confirming Deed of Trust/ Mortgage recordation as needed. Assist with file storage; scanned loan file documents and organized them in the correct folder. Maintain client satisfaction through excellent customer service and efficient solving of problems. Establish working relationship with client funders as appropriate for job function 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 company’s 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 one’s own actions and conduct. Performs other duties and projects as assigned. What You’ll Bring
ESSENTIAL KNOWLEDGE, SKILLS, AND ABILITIES: Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program (CIP), Right to Financial Privacy Act (RFPA) and Community Reinvestment Act (CRA). Intermediate knowledge of related state and federal banking compliance regulations, and other Bank lending policies. Intermediate knowledge of title policies and related loan regulations such as RESPA, HMDA and other Bank lending policies on loans to directors. Effective organizational and time management skills. Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including Word, Excel, PowerPoint and Outlook. Intermediate typing skills to meet production needs of the position. Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs. Exceptional oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and employees. Ability to complete routine forms, use existing form letters, and/or conduct routine oral communication. Ability to work with general supervision while performing duties. Education, Experience And/Or Licenses
High School Diploma and a minimum of 4 years’ related work experience and/or training. Work related experience should consist of a credit or loan processing background. Bachelor’s Degree preferred How We’ll Support You
Financial Security: You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting. Health & 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 & 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, ancestry, color, religious creed, disability, marital status, medical condition, genetic information, military and veteran status, national origin, race, sex, gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition. Seniority level
Entry level Employment type
Full-time Job function
General Business, Management, and Business Development Industries Banking Referrals increase your chances of interviewing at Banc of California by 2x Get notified about new Investor jobs in Santa Ana, CA. Note: This description retains original content while removing extraneous boilerplate and unrelated postings.
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Funder - Loan Coordinator
role at
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 a premier 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 local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more. The Opportunity
Responsible for ensuring final loan documents are accurately created and are in accordance with specific requirements and programs. Responsible for validating all information on all forms are in accordance with Bank and lending regulations. Provides final validation and approval of loan documents including pricing of loans and processes wire requests to closing agents. Monitor wet collateral report and note shipment requests. 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
Review incoming warehouse loan data file, funding documents and wire instructions. Review pricing of loans and disbursement amount requested; make necessary corrections if needed. Verifies all underwriting and doc conditions have been satisfied and signed off on loan approval. Assist with warehouse collateral shipping, collateral conversion and monitor wet collateral report and custodian aggregate reports Reviews collateral for conduit loan purchases and is responsible for sending to Note Custodian Responsible for conduit loan purchase collateral management in coordination with Note Custodian Follows up on all trailing docs for each conduit loan trade Adheres to all internal audit SOX/Controls for workflow Assist with confirming Deed of Trust/ Mortgage recordation as needed. Assist with file storage; scanned loan file documents and organized them in the correct folder. Maintain client satisfaction through excellent customer service and efficient solving of problems. Establish working relationship with client funders as appropriate for job function 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 company’s 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 one’s own actions and conduct. Performs other duties and projects as assigned. What You’ll Bring
ESSENTIAL KNOWLEDGE, SKILLS, AND ABILITIES: Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program (CIP), Right to Financial Privacy Act (RFPA) and Community Reinvestment Act (CRA). Intermediate knowledge of related state and federal banking compliance regulations, and other Bank lending policies. Intermediate knowledge of title policies and related loan regulations such as RESPA, HMDA and other Bank lending policies on loans to directors. Effective organizational and time management skills. Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including Word, Excel, PowerPoint and Outlook. Intermediate typing skills to meet production needs of the position. Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs. Exceptional oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and employees. Ability to complete routine forms, use existing form letters, and/or conduct routine oral communication. Ability to work with general supervision while performing duties. Education, Experience And/Or Licenses
High School Diploma and a minimum of 4 years’ related work experience and/or training. Work related experience should consist of a credit or loan processing background. Bachelor’s Degree preferred How We’ll Support You
Financial Security: You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting. Health & 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 & 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, ancestry, color, religious creed, disability, marital status, medical condition, genetic information, military and veteran status, national origin, race, sex, gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition. Seniority level
Entry level Employment type
Full-time Job function
General Business, Management, and Business Development Industries Banking Referrals increase your chances of interviewing at Banc of California by 2x Get notified about new Investor jobs in Santa Ana, CA. Note: This description retains original content while removing extraneous boilerplate and unrelated postings.
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