What are the responsibilities and job description for the Loan Administrator position at Banc of California Careers Page?
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
This position performs a variety of administrative functions necessary to support the relationship management of the SBA commercial lending portfolio. The individual is responsible for post -closing audit (SBA) while also working with loan officers, customers and other departments to assure consistent communications in a professional, timely manner. Incumbent may assist customers and resolve problems concerning commercial relationships in a positive, cost-effective manner. This is intended as a general description, but duties may differ somewhat between lender assignments. 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. 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
- Assist Department by providing administrative support as assigned for all aspects of the 7a/504 commercial lending program involving file maintenance and loan closing.
- Orders and coordinates third party reports such as appraisals, construction cost review, property condition reports, environmental reports, background checks, credit reports, and OFAC information.
- Maintains DocServer/Loan Manager (SBL) and ensures it up-to-date on a daily basis.
- Build and maintains loan file folders.
- Ensure that all pertinent loan origination information is transmitted to Portfolio Management and filed appropriately upon loan closing.
- Complies with federal, state, and local legal requirements by studying existing and new legislation, enforcing adherence to requirements and advising management on needed actions.
- Conduct post close reviews of loan files to ensure all required documentation has been received and is correct. This includes a review of all documents ensuring adherence to internal policy and Small Business Administration loan closing requirements as well as follow-ups with outside legal counsel and borrower, as needed.
- Prepares compliance audit data by compiling and analyzing internal and external information. Follow all established policies and procedures.
- Perform other duties and projects as assigned.
WHAT YOU’LL BRING
- Required: Minimum 2 years SBA commercial lending environment experience
- Education & Certifications:
- Required: Associate's degree required or equivalent experience
- Preferred: Bachelor's degree
- Skills, Behaviors, & Knowledge
- Candidate must have excellent verbal and written communication skills.
- The ability to organize, prioritize and perform multiple tasks is a required skill.
- Proficient in Word, Excel and Outlook.
- Excellent communication skills and the ability to deal with multiple tasks smoothly are important.
- Organizational skills/Time management.
- Self-motivated, ability to follow through.
- Attention to detail, manual dexterity.
- Ability to build relationships and work well in a close team environment.
- Ability to meet deadlines.
- Knowledge of Commercial Real Estate Loan Documentation.
- Knowledge of applicable compliance laws and regulations.
- Review and be knowledgeable of departmental and human resource’s policies & procedures
- SBA SOP Knowledge
- 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.
Salary : $34