AVP, Senior Loan Administrator

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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. The bank offers a broad range of loan and deposit products and services, with full‑service branches throughout California and Denver, Colorado, as well as 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.

At Banc of California, our success is driven by our people, and we take pride in fostering an environment where everyone can reach their full potential. We embrace a culture of empowerment, progressive thinking, and entrepreneurial spirit, ensuring our team members have an opportunity to make an impact and play an important role in the future of Banc of California.

The AVP, Senior Loan Administrator is responsible for the timely processing of loan transactions from application through funding and closing of the loan. Provides support to all loan parties and is responsible to perform all essential duties related to the collection and review of due diligence and closing and funding. 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.

• Audit loan files prepared for funding/boarding for completeness to determine that all bank requirements and guidelines have been met and that appropriate documentation were provided.
• Analyze prepared Balancing Sheet when assistance is needed to coordinate estimated funding amount with Escrow including prepaid interest for escrow transactions, request funding and boarding after satisfactory funding and boarding file reviews.
• Collaborate closely and effectively manage expectations with client, Relationship Managers, and others on the loan team to ensure timely closing of loans.
• Handle complex loans, including those involving outside legal documentation and correspondence, as well as, transactions involving Syndications/Participations and Specialized Lending.
• Perform the pre‑funding validation of the internal “SOX control” related to loan origination funding.
• Conduct a thorough review of the loan file/loan package to ensure it includes all relevant documentation required for the transaction. Analyze transaction types and determine necessary due diligence items and legal documents required to ensure accurate closings and compliance with bank and regulatory requirements and procedures.
• Identify any open items timely and work with appropriate parties to collect the necessary items. Manage and update open items list as received and reviewed.
• Coordinate insurance needs with customer, insurance brokers, Relationship Manager to ensure proper insurance is received and collected in a timely manner.
• Order flood certification and complete requirements according to company and regulatory requirements... (continued through the full list)
• Maintain a professional and courteous attitude and demonstrate a true concern for internal and external clients.
• Cross‑train junior Loan Administrators. Provide backup support for the Loan Administration team as needed.
• Performs other duties and projects as assigned.

• Bachelor’s degree preferred or at least a minimum of six (6) years of commercial loan administration and financial services experience including: loan documentation preparation, loan closing and funding.
• Proficient understanding of all documents required for all borrowing entities and ability to assess if the legal documents drawn cover all necessary terms and conditions appropriate for the approved credit product.
• Familiar with IBS (or similar) loan system…