AVP, Loan Officer

BANC OF CALIFORNIA AND YOUR CAREER

Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship-based business banks, providing banking and treasury management services to small, middle market, and venture backed businesses. As the largest independent bank headquartered in California, the bank offers a broad range of loan and deposit products and services through a network of full-service branches and regional offices, as well as through digital and nationwide capabilities. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide through its technology forward platform, SmartStreet™. Banc of California is committed to supporting its local communities through the Banc of California Charitable Foundation and by partnering with organizations that promote financial literacy, job training, small business support, affordable housing, and more. 

At Banc of California, our success is powered by our people and a shared commitment to delivering meaningful results. We foster an environment where entrepreneurial thinking is encouraged, and accountability and operational excellence are expected. Our team members are empowered to take ownership, make informed decisions, and make a meaningful impact as the bank continues to grow and evolve. We are dedicated to supporting your growth and wellbeing through comprehensive benefits, robust development opportunities, and inclusive programs that enable you to perform at your best. Together we win!

THE OPPORTUNITY

The primary function of this position is to manage asset based loans to businesses with annual sales between $1MM and $250MM and borrowing needs between $1MM and $25MM. The main objectives of this position are to provide service to individual business borrowers within a prescribed financing structure, to avoid loan losses and non-performing loans, and to maximize portfolio return and profitability. 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

• Daily collateral and borrowing base monitoring including approving daily loan advance requests of up to 30 portfolio accounts
• Monthly collateral and financial statement analysis and monitoring
• Develop and maintain strong relationships with borrowers, internal staff and industry professionals.
• Review and comment on field audit reports.
• Maintain credit and legal loan documentation.
• Manage customer loan requests and changes by analyzing, preparing and recommending credit requests for loan approval.
• Must actively communicate with clients including site visits in order to provide service and to help identify potential problem situations.
• Must be familiar with compliance policies and procedures and is responsible for completing regularly scheduled training modules within certain deadlines.
• Maintain zero write-offs or additions to non-accruals.
• Submit monthly trend card and financial statement and clearly point out financial, collateral, and other issues as pertinent to the lending relationship.
• Present and/or address client credit approvals or account issues with senior management.
• Maintain up to date "tickler" reports with accurate information for all accounts.
• Follows all established policies and procedures.
• Performs other duties and projects as assigned.

WHAT YOU’LL BRING

• Strong analytical and communication skills required, together with an entrepreneurial work ethic
• Ability to analyze financial statements (profit and loss, balance sheet, and cash flow statements)
• Ability to multi-task in a fast paced environment
• Strong analytical skills and resourcefulness necessary to complete in-depth industry and market analyses
• Superior interpersonal, writing and oral communication skills
• Proficient with Word and Excel (including financial modeling)
• There will be some on-the-job training; however, the candidate should be a “self-starter”
• Bachelor’s Degree and/or relevant work experience or training
• Required:
  • Minimum 5 years of related experience
• Preferred:
  • Public accounting
  • CPA or MBA
• High School diploma or equivalent required

HOW WE’LL SUPPORT YOU

• Financial Security: You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting.
• Health & Well-Being: We offer 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: Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.
• Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off.
• Career Growth Opportunities: To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

 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.

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 their actual or perceived race (including traits associated with race, such as hair texture, hair type or protective hairstyles), religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender, gender identity, gender expression, gender transitioning, citizenship status, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information, or disability (mental or physical), requests for accommodation and any additional protected categories set forth in applicable federal, state or local laws. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.