Banc of California
AVP, Senior Loan Administrator
Banc of California, Santa Ana, California, United States, 92725
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AVP, Senior Loan Administrator
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Banc of California 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. The bank 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
The AVP, 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 of the loan. This function provides support to all loan parties and performs all essential duties related to the collection and review of due diligence, closing, and funding, in accordance with the company’s policies and procedures, all U.S. state and federal laws, and regulations in which the company operates. 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. Analyze transaction types and determine necessary due diligence items and legal documents required to ensure accurate closings and compliance with bank and regulatory requirements. Audit loan files prepared for funding/boarding for completeness to determine that all bank requirements and guidelines have been met. Analyze prepared Balancing Sheet to coordinate estimated funding amount with Escrow, request funding and boarding after satisfactory reviews. Collaborate closely with clients, Relationship Managers, and loan team members to ensure timely closing of loans. Handle complex loans, including those involving outside legal documentation, correspondence, Syndications/Participations, and Specialized Lending. Perform pre‑funding validation of the internal “SOX control” related to loan origination funding. Identify open items in a timely manner, work with appropriate parties to collect necessary items, and manage the open items list. Confirm and coordinate insurance needs with customers, insurance brokers, and Relationship Managers. Order flood certification and complete requirements according to company and regulatory requirements, including flood zone calculations and NFIP guidelines. Order title reports, exceptions, and survey data; discuss with Title Officer and Underwriter and request revisions if needed. Order third‑party collateral reports as needed and review findings for additional reports. Open escrow and title as needed, coordinate closings, and ensure escrow settlement accuracy before funding. Validate entity structure and organizational documents, obtain additional documentation such as Certificate of Good Standing. Prepare lender instruction letters without oversight when escrow is involved. Complete loan closing and funding package, preparing the balancing sheet, wire(s), and final checklist for pre‑funding review. Assist in perfection of collateral, including filing of UCC1 and ordering of Tax Service Contracts. Perform all post‑closing follow‑up, including receipt of title policy/endorsement and recorded DOT. Ensure appropriate bank‑controlled accounts are opened and holds are managed. Respond to inquiries from customers, relationship managers, and interdepartmental personnel concerning loan status. Work closely with outside counsel to keep closing checklist up to date and participate on related calls. Monitor loan pipeline and track progress by updating nCino Loan Admin Workflow report. Track good faith deposits and rate lock expiration dates, and request extensions as needed. Request payoff demands from existing lenders. Process withdrawn/declined transactions, including balancing spreadsheets for refunds and adverse action letters. Maintain a professional and courteous attitude and demonstrate a concern for internal and external clients. Ensure all necessary final documents and due diligence are saved to the bank’s official document repository. Cross‑train junior Loan Administrators and provide backup support for the team. Work independently with minimal supervision. Possess specialized knowledge of loan boarding function, terminology, policies, and procedures. Treat people with respect, keep commitments, inspire trust, work ethically, and uphold organizational values. Demonstrate knowledge of and adherence to EEO policy and promote a harassment‑free environment. Follow policies and procedures, complete tasks correctly and on time, and support the company’s goals and values. Perform the position safely, comply with OSHA standards, and report unsafe conditions. Perform other duties and projects as assigned. What You’ll Bring
Knowledge of all branch functions associated with origination, processing and closing. Assurance of compliance with all Bank policies, procedures, and applicable state and federal regulations. Discretion and independent judgment with moderate impact. Conclusive recommendation based on independent analysis. Proficient knowledge of title policies and related loan regulations such as RESPA and HMDA. Intermediate knowledge of commercial insurance terminology and bank requirements. Proficient computer skills, including Microsoft Office applications. Intermediate math skills for interest, percentages, and financial calculations. Effective organizational and time‑management skills. Exceptional oral, written, and interpersonal communication skills. Ability to work with little to no supervision while performing duties. Bachelor’s Degree and/or relevant work experience or training. Required
Proficient understanding of all documents required for borrowing entities and ability to assess legal documents. Proficient in nCino and Salesforce. Current knowledge of Real Estate, Construction, Commercial & Industrial (C&I), Entertainment, Specialty Lending, Asset‑Based Lending, and Syndicated Lending loans. Minimum of six (6) years of commercial loan administration and financial services experience, including loan documentation preparation, closing, and funding. Preferred
Familiarity with IBS (or similar) loan system. How We’ll Support You
Financial Security: Eligible for the company’s 401(k) plan, including a company match and immediate vesting. Health & Well-Being: Comprehensive medical, dental, vision, AD&D, supplemental life, long‑term disability, HSA and FSA options. Building & Supporting Your Family: Services for adoption, surrogacy, fertility assistance, paid parental leave, and family support solutions. Paid Time Away: Paid vacation days, holidays, and volunteer time off. Career Growth Opportunities: Tuition reimbursement, mentorship program, leadership development resources, LinkedIn Learning access. SALARY RANGE
The full‑time base salary range for this position is $74,000.00 – $95,000.00 USD per year. The base salary ultimately offered is determined through a review of education, industry experience, training, and other factors. EEO Statement
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, gender, sexual orientation, or any other protected status. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.
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AVP, Senior Loan Administrator
role at
Banc of California 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. The bank 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
The AVP, 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 of the loan. This function provides support to all loan parties and performs all essential duties related to the collection and review of due diligence, closing, and funding, in accordance with the company’s policies and procedures, all U.S. state and federal laws, and regulations in which the company operates. 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. Analyze transaction types and determine necessary due diligence items and legal documents required to ensure accurate closings and compliance with bank and regulatory requirements. Audit loan files prepared for funding/boarding for completeness to determine that all bank requirements and guidelines have been met. Analyze prepared Balancing Sheet to coordinate estimated funding amount with Escrow, request funding and boarding after satisfactory reviews. Collaborate closely with clients, Relationship Managers, and loan team members to ensure timely closing of loans. Handle complex loans, including those involving outside legal documentation, correspondence, Syndications/Participations, and Specialized Lending. Perform pre‑funding validation of the internal “SOX control” related to loan origination funding. Identify open items in a timely manner, work with appropriate parties to collect necessary items, and manage the open items list. Confirm and coordinate insurance needs with customers, insurance brokers, and Relationship Managers. Order flood certification and complete requirements according to company and regulatory requirements, including flood zone calculations and NFIP guidelines. Order title reports, exceptions, and survey data; discuss with Title Officer and Underwriter and request revisions if needed. Order third‑party collateral reports as needed and review findings for additional reports. Open escrow and title as needed, coordinate closings, and ensure escrow settlement accuracy before funding. Validate entity structure and organizational documents, obtain additional documentation such as Certificate of Good Standing. Prepare lender instruction letters without oversight when escrow is involved. Complete loan closing and funding package, preparing the balancing sheet, wire(s), and final checklist for pre‑funding review. Assist in perfection of collateral, including filing of UCC1 and ordering of Tax Service Contracts. Perform all post‑closing follow‑up, including receipt of title policy/endorsement and recorded DOT. Ensure appropriate bank‑controlled accounts are opened and holds are managed. Respond to inquiries from customers, relationship managers, and interdepartmental personnel concerning loan status. Work closely with outside counsel to keep closing checklist up to date and participate on related calls. Monitor loan pipeline and track progress by updating nCino Loan Admin Workflow report. Track good faith deposits and rate lock expiration dates, and request extensions as needed. Request payoff demands from existing lenders. Process withdrawn/declined transactions, including balancing spreadsheets for refunds and adverse action letters. Maintain a professional and courteous attitude and demonstrate a concern for internal and external clients. Ensure all necessary final documents and due diligence are saved to the bank’s official document repository. Cross‑train junior Loan Administrators and provide backup support for the team. Work independently with minimal supervision. Possess specialized knowledge of loan boarding function, terminology, policies, and procedures. Treat people with respect, keep commitments, inspire trust, work ethically, and uphold organizational values. Demonstrate knowledge of and adherence to EEO policy and promote a harassment‑free environment. Follow policies and procedures, complete tasks correctly and on time, and support the company’s goals and values. Perform the position safely, comply with OSHA standards, and report unsafe conditions. Perform other duties and projects as assigned. What You’ll Bring
Knowledge of all branch functions associated with origination, processing and closing. Assurance of compliance with all Bank policies, procedures, and applicable state and federal regulations. Discretion and independent judgment with moderate impact. Conclusive recommendation based on independent analysis. Proficient knowledge of title policies and related loan regulations such as RESPA and HMDA. Intermediate knowledge of commercial insurance terminology and bank requirements. Proficient computer skills, including Microsoft Office applications. Intermediate math skills for interest, percentages, and financial calculations. Effective organizational and time‑management skills. Exceptional oral, written, and interpersonal communication skills. Ability to work with little to no supervision while performing duties. Bachelor’s Degree and/or relevant work experience or training. Required
Proficient understanding of all documents required for borrowing entities and ability to assess legal documents. Proficient in nCino and Salesforce. Current knowledge of Real Estate, Construction, Commercial & Industrial (C&I), Entertainment, Specialty Lending, Asset‑Based Lending, and Syndicated Lending loans. Minimum of six (6) years of commercial loan administration and financial services experience, including loan documentation preparation, closing, and funding. Preferred
Familiarity with IBS (or similar) loan system. How We’ll Support You
Financial Security: Eligible for the company’s 401(k) plan, including a company match and immediate vesting. Health & Well-Being: Comprehensive medical, dental, vision, AD&D, supplemental life, long‑term disability, HSA and FSA options. Building & Supporting Your Family: Services for adoption, surrogacy, fertility assistance, paid parental leave, and family support solutions. Paid Time Away: Paid vacation days, holidays, and volunteer time off. Career Growth Opportunities: Tuition reimbursement, mentorship program, leadership development resources, LinkedIn Learning access. SALARY RANGE
The full‑time base salary range for this position is $74,000.00 – $95,000.00 USD per year. The base salary ultimately offered is determined through a review of education, industry experience, training, and other factors. EEO Statement
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, gender, sexual orientation, or any other protected status. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.
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