VP, Underwriter, Corporate Asset Finance

Posting Details

• Posted on August 20, 2026

• Showing 1 location
• Chicago, IL 60606, USA
• On-site
• Pay or shift range: $84,000 USD to $170,000 USD
• Credit, Portfolio Management & Sales Support
• Full-Time
• Requisition #: VPUND
  005056

Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship‑based business banks, providing banking and treasury management services to small, middle market, and venture backed businesses. As the largest independent bank headquartered in California, the bank offers a broad range of loan and deposit products and services through a network of full‑service branches and regional offices, as well as through digital and nationwide capabilities.

The bank also provides full‑service payment processing solutions to its clients and serves the Community Association Management industry nationwide through its technology forward platform, Smart Street™. Banc of California is committed to supporting its local communities through the Banc of California Charitable Foundation and by partnering with organizations that promote financial literacy, job training, small business support, affordable housing, and more.

At Banc of California, our success is powered by our people and a shared commitment to delivering meaningful results. We foster an environment where entrepreneurial thinking is encouraged, and accountability and operational excellence are expected. Our team members are empowered to take ownership, make informed decisions, and make a meaningful impact as the bank continues to grow and evolve. We are dedicated to supporting your growth and wellbeing through comprehensive benefits, robust development opportunities, and inclusive programs that enable you to perform at your best.

Together we win!

The VP, Underwriter will perform analysis, due diligence and underwriting of proposed new loan requests for new and existing clients within the Community and Commercial Bank and for the Corporate Asset Finance group. Review initial borrower submissions, perform analysis of information submitted and prepare a written credit presentation of construction, real estate and commercial loan requests. Independently evaluates the credit worthiness of loan requests covering both existing customers and new credit relationships.

Responsible for the timely, effective and efficient completion of required underwriting tasks to make recommendations and creating the appropriate Credit Approval Recommendation (CAR) report for eventual forwarding to and obtaining approval from Credit Administration. The Underwriter interacts and effectively communicates with Bank personnel and with existing or prospective 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.

• Independently evaluates and structures complex credit requests within various types of lending to businesses within C&I, and other specialty types of industries.
• Loan types may include asset-based lending, term loans, leases, and cash flow reliant facilities.
• Performs independent credit analysis and risk assessment including, but not limited to, preparing analysis of financial statements for privately/publicly held and Sponsor owned companies.
• Well versed in modeling income statements, balance sheets and cash flow calculations over multiple years, as well as analyzing tax returns, financial statements, extensive real estate schedules, and be able to perform a downside and break-even projection analysis with limited input.
• Develop thorough understanding of the nature and history of the applicant’s business, the market in which the business operates, and assess the capability of its management.
• Understands complex corporate structures and is able to recommend the best borrowing structures to protect the bank. In conjunction with the Relationship Manager (RM), involved in drafting and negotiating complex loan documents prepared by outside law…