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 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. Banc of California offers a broad range of loan and deposit products and services through more than 70 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, 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.

JOB SUMMARY:

This position is responsible for portfolio management, negotiating and issuing term sheets gathering appropriate information; perform analysis, due diligence, and underwriting of proposed commercial real estate loan requests as well as renewals. Review initial borrower submissions, perform analysis of information submitted, and prepare a written credit presentation of loan request. Guide credit request through review by division manager, and senior credit review officers. Assist loan administration through the closing process. 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.

Responsibilities

• Analyze commercial lending opportunities, including working capital lines of credit and term loans to business, plus owner-occupied real estate loans.

• Combine this analysis with 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.

• Gather any additional information required to make an initial decision on the credit requested, or to prepare a credit display once the decision to proceed is made.

• Prepare investment analysis and credit package for review by department manager and credit administrators.

• On an ongoing basis, continue the analysis detailed above to maintain a working knowledge of the ability and desire of the borrower(s) and guarantor(s) to maintain the loan and the collateral in a manner which will increase or maintain the value of the collateral, and achieve payment in full of the loan provided.

• Spread and analyze financial statements and tax returns for individuals, businesses, and all other types of entities existing as borrowers and guarantors.

• Manage financial ticklers.

• 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.

• Moody’s spread of financial statements tracking numerical financial covenants (covenant compliance; noting, identifying and reporting on any negative trends.

• Analyze and prepare CL-101’s (CAR’s) for review and approval.

• CRE Moody’s Spreads of rent rolls and operating statements noting, identifying and reporting on any negative trends.

• Prepare Risk Rating recommendations for appropriate approvals.

• Prepare Problem Loan Reports as necessary.

• Establishing new relationships and fostering existing relationships.

• Organize and review initial submissions from borrowers and other new loan sources - Analyze the information provided to determine appropriateness of the credit requested.

• Perform other duties as assigned.

• 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 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.

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 (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), denial of Family and Medical Care Leave, disability (mental and physical) including HIV and AIDS, marital status, medical condition (cancer and genetic characteristics), genetic information, military and veteran status, national origin (including language use restrictions), race, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process please contact Talent Acquisition Partner.

Qualifications

• 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 the following: 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, state and federal) and Community Reinvestment Act (CRA)

• P.C. proficient with emphasis on spreadsheets (Word, Excel, Argus)

• Familiarity with Moody’s analysis systems

• Excellent composing and writing skills

• Above-average interpersonal skills; ability to communicate verbally with a wide range of people

• Positive attitude and willingness to work

• Responsiveness, judgment, maturity, integrity, and time management skills are required

• Role requires sitting or standing in front of a computer monitor for prolonged periods in a fixed neck position.

• Constant use of a computer or other office equipment resulting in repeating motions of the hands and wrists.

• Often working in an air-conditioned environment.

• May encounter hazards typically associated with an office environment (printer components, extension cords).

• Light work that may include moving objects up to 20 pounds.

• Required: Bachelor’s degree in business, finance or related field and/or related work experience

• Required: Minimum of 4-7 years of experience in real estate, construction, commercial lending (financing), including valuation and asset management, and financial analysis

• A general knowledge of appropriate loan documentation, collateral analysis and financial statements

• nCino knowledge preferred

SALARY RANGE: $111,300.00 - 161,940.48 USD; Exact compensation may vary based on skills, experience, and location.

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Job Locations US-MD-Chevy Chase

ID 2024-3706

Category Portfolio Management

Type Regular Full-Time

Equal Opportunity Employer

PacWest Bancorp and its affiliates are fully committed to the principles of equal opportunity and diversity. We take pride in building a workplace culture where all employees feel supported and respected, and have equal access to career and development opportunities without regard to race, religion/creed, color, national origin, age, marital status, ancestry, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), gender identity/expression, sexual orientation, veteran status, physical or mental disability, medical condition, military status, genetic information, or any other characteristic protected by federal, state or local laws.