VP, Underwriter - Asset-Based Lending (ABL

VP, Underwriter - Asset-Based Lending (ABL)

Posted on April 22, 2026

Phoenix, AZ - 7th Ave, 19820 North 7th Ave, Suite 100, Phoenix, AZ 85027, USA

• On-site
• Salary Range: $84,000 USD to $140,500 USD
• Professionals
• Full-Time
• Requisition #: VPUND
  004870

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 well‑being through comprehensive benefits, robust development opportunities, and inclusive programs that enable you to perform at your best.

Together we win!

Responsible for providing financial, credit, and trend analysis for the delivery of the bank’s credit products and services to asset‑based lending and other business clients and prospects. Monitors assigned credit relationships for covenant compliance, collateral monitoring, and credit deterioration, as applicable. Conducts annual reviews of loans and identifies any risk rating changes. Keeps apprised of industry‑related, political, and regulatory issues to determine their impact on specific industries or clients.

Acts independently from the sales teams to structure and evaluate credit requests. Is responsible for determining the creditworthiness of the borrower and recommending credit decisions to Credit Administration. Performs all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations applicable to the company’s operations.

• Independently evaluates and structures complex credit requests, including but not limited to asset‑based lending, term loans, commercial real estate loans, bridge loans, guidance lines, buy‑and‑sell‑side syndicated credits, buyout financing with corporate sponsors to include enterprise value or cash‑flow credit facilities.
• Performs independent credit analysis and risk assessment of new and existing credit requests, including but not limited to preparing analysis of financial statements for privately held and sponsor‑owned companies from quality of earnings reports, financial projections, and audited statements.
• Is very well‑versed in modeling income statement, balance sheet, and cash flow over multiple years, as well as extensive real‑estate schedules, and can perform a downside and break‑even projection analysis with limited input. Can work with company CFOs to assure the projections they provide cover all necessary concepts.
• Understands complex corporate structures and is able to recommend the best borrowing structures to protect the bank. In conjunction with the Relationship Manager, involved in drafting and negotiating complex loan documents prepared by outside law firm or in‑house counsel.
• Recommends credit actions by preparing the Credit Approval Memorandum (CAM) which is submitted…