AVP, Field Examiner

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®

The Field Exam Officer to perform initial exams for prospective client evaluation, recurring scheduled field examinations for existing Asset Based Lending (“ABL”) clients. This includes a review of books and records, analysis of bank statements and a review of sources and uses of cash; review of financial statements; perform tests on Accounts Receivable including shipping test; analyze credit memos and other receivable deductions and report accounts receivable statistics;

review of accounts payable; perform inventory test counts, cost test and slow moving/obsolete inventory analysis, calculate and prepare the initial buy-in report on new deals, and review other aspects of borrower's business as necessary. 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.

• Perform initial exams on prospective clients and recurring exams on existing accounts when requested
• Obtain an understanding of the transaction and establish an appropriate scope for diligence (in conjunction with the Credit Officer). Diligence may be performed on-site or remotely depending upon transaction circumstances.
• Assess management, analyze historical and projected financial data and cash flows, and review business plans and industry trends
• Prepare and maintain appropriate work papers to support analysis and testing
• Prepare a well written report documenting scope, key findings, recommendations, and results of testing and analysis performed
• Review third party diligence reports when provided
• Identify credit issues and recommend appropriate follow-up as required to adequately address credit exposure
• Participate with portfolio management in planning an effective and appropriate diligence scope to assess ongoing risk, business performance and or compliance to the credit agreement
• Communicates exam findings and recommendations in a written report to Field Examination Manager and Portfolio Manager, revealing and discussing significant issues, and recommending corrective measures for issues noted
• Review credit agreement to ascertain the key components of the credit facility and reporting requirements
• Gain an understanding of the industry in which the client operates and its key drivers
• Develop and perform appropriate and sufficient testing of assumptions and assertions to confirm reasonableness. When applicable, confirm client's computation of covenants and borrowing base certificates are in compliance with loan documents and prudent lending practices
• When an issue develops during on-site work, the Sr. Field Examiner must be capable of isolating the issue,…