AVP, Loan Officer

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, with full-service branches throughout California and Denver, Colorado, and full-stack payment processing solutions through Banc Edge.

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.

The primary function of this position is to manage asset-based loans to businesses with annual sales between $1 MM and $250 MM and borrowing needs between $1 MM and $25 MM. The main objectives 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.

• 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.
• Actively communicate with clients, including site visits, to provide service and identify potential problem situations.
• Familiar with compliance policies and procedures and complete regularly scheduled training modules within deadlines.
• Maintain zero write-offs or additions to non-accruals.
• Submit monthly trend cards and financial statements, clearly pointing 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.
• Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.
• Demonstrate knowledge of and adherence to EEO policy; show respect and sensitivity for cultural differences; promote a working environment free of harassment of any type.
• Follow policies and procedures; complete tasks correctly and on time; support the company’s goals and values.
• Perform the position safely, without endangering health or safety to themselves or others, and report potentially unsafe conditions. Comply with occupational safety and health standards and all regulations under the OSHA Act of 1970.
• Perform other duties and projects as assigned.

• Strong analytical and communication skills plus an entrepreneurial work ethic.
• Ability to analyze financial statements (profit and loss, balance sheet, 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.
• Self-starter with some on-the-job training.
• Bachelor’s Degree and/or relevant work experience or training.
• Minimum 5 years of related experience.
• Preferred:
  Public accounting experience; CPA or MBA.
• High school diploma or equivalent required.

• Financial Security:
  Eligible to participate in the company’s 401(k) plan with company match and immediate vesting.
• Health & Well-Being:
  Comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long-term…