Loan Administrator, Commercial Audit

Description

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 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®

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.

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.

• 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 Doc Server/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.

• Perform other duties as assigned.

• 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.

• 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; promotes working environment free of harassment of any type.

• 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…