VP, Portfolio Manager

VP, Portfolio Manager

Banc of California, Inc. (NYSE : BANC) is a bank holding company headquartered in Los Angeles with one wholly‑owned banking subsidiary, Banc of California. 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, as well as full‑stack payment processing solutions through its subsidiary, Deepstack Technologies.

Responsibilities

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. Includes 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”) 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 insures consistency between the loan documents and the Credit Availability Management (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.

Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts 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 a 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 of oneself 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, applicable to one’s own actions and conduct.

Performs other duties and projects as assigned.

Qualifications

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.

Work related experience should consist of a good to strong understanding of lending, specifically, cash flow and collateral analysis and loan structuring.

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, Regulation B, Fair Housing Act, Home Mortgage Disclosure Act, RESPA, FCRA, BSA, USA PATRIOT Act, Anti‑Money Laundering, Customer Information Program, Right to Financial Privacy Act and Community Reinvestment Act.

Working knowledge of the Bank’s Loan Policies and Standards.

Strong skills in computer terminal and personal computer operation; Microsoft Office applications including Word, Excel, PowerPoint and Outlook.

Advanced 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.

Effective organizational and time management skills.

Exceptional oral, written and interpersonal communication skills. Analytical writing skills a must.

Ability to make decisions that have moderate impact on the immediate work unit and cross functional departments.

Ability to comprehend and explain financial calculations and pricing alternatives.

Ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, and speak clearly to customers and employees.

Ability to make informal and formal presentations, inside and outside the organization; speaking before assigned team or other groups as needed.

Ability to deal with complex difficult problems involving multiple facets and variables in non‑standardized situations.

Ability to work with little to no supervision while performing duties.

How We’ll Support You

Financial Security : Eligible to participate in a 401(k) plan with a 100% match of the first 4% of contributions, immediately vested.

Health & Well‑Being : 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 : Partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions.

Paid Time Away : Paid vacation days, holidays, and volunteer time off.

Career Growth Opportunities : Tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

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, denial of Family and Medical Care Leave, disability, marital status, medical condition, genetic information, military and veteran status, national origin, race, sex, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.

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