AVP, Loan Officer, SBA Special Assets

The Opportunity

The SBA, Special Assets position is responsible for managing problem loans in the SBA portfolio. The position requires the implementation of workout and liquidation strategies. This includes foreclosures, repossessions and legal actions while adhering to SBA guidelines and regulations. The key goal will be to maximize recoveries for the lender and the SBA. 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

• Demonstrate and maintain an in-depth knowledge of the SBA SOP as well as internal servicing policies and procedures. + Maintain and monitor a portfolio of troubled or defaulted loans. + Experience with bankruptcies and foreclosures. + Facilitate and oversee the timely and accurate input of all data, specifically as it relates to loan terms. + Communicate frequently with assigned clients to obtain information needed to evaluate changes in the asset value and operational / financial performance. + Identify deviations from agreed upon performance and negotiate remedial action; obtain internal approval for action and document accordingly. + Actively participate in portfolio review sessions with Banc senior management. + Perform a detailed analysis of a borrower(s) and guarantor(s) balance sheets and cash flow to determine the bank's interest in providing a credit facility for the designated purpose. + Work with loan administrators and legal counsel to provide information as necessary to process and close credit facilities. + Stay abreast of market trends and develop / maintain a network of referral sources. + Prepare Risk Rating recommendations for appropriate approvals. + Prepare Problem Loan Reports as necessary. + Review commercial real estate appraisals. + 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

How We'll Support You

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.

Equal Opportunity Employer

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, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.