Officer, Credit Analyst

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 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. 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®

Responsible for assisting Underwriters, Relationship Managers and Portfolio Managers with the credit origination process, financial reviews and analysis both related to new loan opportunities and the existing client portfolio. Reviews borrower information, perform credit/financial analysis and Know Your Customer (KYC) due diligence and insure initial application process meets regulatory and Banc standards. Primary focus of attention is creating credit spreads of financial statements of corporate and individual borrowers and prospects, and performing cash flow analysis on request when warranted.

In support of the Portfolio Managers, monitors assigned credit relationships for covenant compliance, collateral monitoring, and credit deterioration, as applicable. Keeps appraised of industry related, political and regulatory issues to determine their impact on specific industries or clients. 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.

• Responsible for spreading operating history, personal and entity financial statements and/or tax returns, as applicable and required for both existing customers and prospects.
• Proactively and efficiently oversee the analyst workflow inbox, prioritizing high importance assignments, and conducting follow-up to ensure completion of tasks within the agreed deadlines.
• May monitor financial and covenant compliance in conjunction with Underwriters/Portfolio Managers, as applicable, and identify potential risk factors such as credit deterioration.
• Prepare comprehensive global cash flow and debt service analysis exhibits related to both new loan opportunities and existing loan renewals.
• Ensure that covenant definitions in ncino undergo thorough quality control (QC) as part of the analyst workflow and actively communicate with Relationship Managers/Underwriters/Portfolio Managers to resolve discrepancies.
• May assist with the underwriting and completion of Credit Approval Memorandums (CAM), coordination and preparation for portfolio reviews and audits, and monitoring and reporting of the origination process and portfolio review activities, as applicable.
• May assist with the coordination and preparation for portfolio reviews and audits, and monitoring reporting of the origination process and portfolio review activities, as applicable.
• Conduct professional and courteous correspondence with clients.
• Foster effective collaboration with internal and external associates Collect all 3rd party vendor reports including due diligence, proof of insurance, recorded title and property taxes.
• Ensure…