VP, Credit Analyst Manager

BANC OF CALIFORNIA AND YOUR CAREER

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, 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.

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. Our core values - Entrepreneurialism, Operational Excellence, and Superior Analytics - empower us in creating a dynamic and inclusive workplace. We are committed to supporting your growth and well-being with comprehensive benefits, career development programs, a variety of employee resource groups, and more. TOGETHER WE WIN

THE OPPORTUNITY

Responsible for managing the day-to-day of the Credit Analyst Team, whose primary responsibility is assisting Underwriters, Portfolio Managers and Relationship Managers with financial reviews and analysis. Oversees the review of borrower information, credit/financial analysis and due diligence to insure initial process meets regulatory and Banc standards. 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

• Communicate and manage loan origination and portfolio review assignments to the Credit Analyst team.
• Train and mentor Credit Analysts in analysis of credit files and any new processes.
• Perform analytics and create reports for the team.
• Assist with the monitoring and reporting of the origination process and portfolio review activities.
• Set goals and manage performance evaluations of direct team members.
• Conduct regular team meetings to discuss origination statuses, address any issues, and monitor goals.
• Respond to calls and emails in a timely manner.
• Develop a strong working relationship with Relationship Managers, Credit Administration, Risk Management, Loan Administration and other group that support the line of business.
• Responsible for Credit Analyst Team's timely and accurate spreading of operating history, personal and entity financial statements and/or tax returns of borrower, as applicable and required.
• Responsible for the covenant quality control call back process and workflow
• Applies detailed knowledge of Ncino system and its reporting capabilities as it relates to workflow management for the Credit Analyst Team's responsibilities.
• Responsible for various procedure and process documents to update periodically and recommend changes to appropriate parties for approval such as the Spreading Guidelines.
• Oversees the Team's initial credit analysis of loan requests and reviews with Relationship Manager, Underwriters, Team Leads and/or Credit Administration, as warranted by the complexity of the transaction.
• Engages with external parties to manage workflow between internal credit analyst team and vendor(s), provide oversight of vendor deliverable quality and timeliness, and provides guidance and training to vendor's team on all responsibilities.
• Oversees the Team's initial review of borrower by analyzing their background, credit, and legal information, to validate their credit worthiness and legal standing.
• Ensures the timely and accurate ordering of various third party reports and searches (i.e., credit reports, tax returns, UCC searches).
• Oversees the Team's monitoring of financial and covenant compliance in conjunction with Underwriters and Portfolio Managers, as applicable.
• Conducts professional and courteous correspondence with clients.
• Ensure compliance with all applicable regulations, policies and procedures.
• Keeps up with changes to banking regulation and completes bank training courses on time.
• Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept 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.

WHAT YOU'LL BRING

• Bachelor's degree in accounting, finance, economics or related field required and/or 7+ years of related work experience and/or training.
• Work related experience must consist of a strong understanding of lending, specifically, cash flow and collateral analysis and loan structuring.
• Financial analysis experience working with business financial statements and tax returns and individual financial statements and tax returns preferred.
• Demonstrate 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).
• Basic skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
• Proficiency in intermediate math and accounting skills required.
• Effective organizational and time management skills.
• Ability to grasp and understand mathematical concepts, including accounting concepts, balancing, loan interest calculations.
• Ability to comprehend and explain financial calculations. (Level III)
• Ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, and speak clearly to customers and employees.
• Ability to deal with problems involving multiple facets and variables in non-standardized situations.
• Excellent time management skills and accustomed to working with deadlines.
• Ability to work with little to no supervision while performing duties. (Level III)

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 offeradoption, 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 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.