AVP / VP, Portfolio Manager

Overview

Banc of California, Inc. is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary. 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. At Banc of California, our success is driven by our people, and we foster an environment where everyone can reach their full potential, with a culture of empowerment, progressive thinking, and entrepreneurial spirit. Our core values – Entrepreneurialism, Operational Excellence, and Superior Analytics – empower us in creating a dynamic and inclusive workplace.

The Opportunity

Responsible for providing financial, credit, and trend analysis for the delivery of the bank’s 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. Conducts annual reviews of loans and identifies risk rating changes. Keeps informed of industry-related, political, and regulatory issues to determine their impact on specific industries or clients. Acts independently from the sales teams to structure and evaluate credit requests. Responsible for determining the creditworthiness of the borrower and recommending credit decisions to Credit Administration. Performs all duties in accordance with the bank’s policies and procedures, and all applicable laws and regulations.

How You’ll Make a Difference

• 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, including analysis of financial statements and third-party reports such as property appraisals.
• Collaborates with Relationship Manager to draft loan documents prepared by outside counsel or in-house counsel.
• Recommends credit actions by preparing the Credit Approval Report (CAR) for submission to Credit Administration for final decisioning.
• Works with Loan Administration to obtain due diligence information, perform risk rating reviews, and monitor covenant compliance and ticklers.
• Reviews Letters of Interest (LOI) and ensures consistency between loan documents and CAM.
• May make joint customer calls with RM to assess client needs, business, and management team.
• Ensures compliance with applicable regulations, policies, and procedures; keeps up with changes to banking regulation and completes bank training on-line, on time.
• Has intermediate knowledge of appraisals, borrowing base reports, and collateral exams.
• Completes Problem Loan Status Reports (PLSRs) with guidance from manager.
• Safely identifies and monitors Risk Ratings for borrowers under the bank’s Risk Rating Policies.
• Demonstrates respectful behavior, integrity, and adherence to the bank’s values and EEO policy; supports a diverse workforce and an inclusive work environment.
• Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.
• Performs the position safely and reports potentially unsafe conditions; complies with OSHA standards and related rules and regulations.
• Performs other duties and projects as assigned.

What You’ll Bring

How We’ll Support You

Salary Range

The base salary offered is determined based on education, experience, training, knowledge, skills, and abilities 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 / veteran status, national origin, race, sex, gender identity / expression, or sexual orientation. If you require reasonable accommodation during the application process, please contact Talent Acquisition.

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