Loan Processor

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 OPPORTUNITY

A Loan Processor performs a variety of complex administrative functions necessary to support the relationship management of the commercial real estate lending portfolio. Works with loan processors, loan officers, customers, and other departments; assuring consistent communications in a professional and timely manner. Assists customers and resolves problems concerning commercial real estate relationships in a positive, cost-effective manner. Position supports the real estate lending team and has cross-training support of certain commercial real estate loan operations functions.

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.

HOW YOU’LL MAKE A DIFFERENCE

• Manage covenant ticklers for an assigned loan portfolio and perform required callbacks to ensure timely compliance.
• Issue financial reporting requests in accordance with departmental policies and process.
• Receive, review, and process borrower financial statements, ensuring completeness and accuracy.
• Collaborate closely with assigned Credit Analysts to satisfy ongoing and ad hoc financial reporting requirements.
• Review loan credit files to identify and resolve compliance, documentation, and policy exceptions.
• Prepare and organize loan files for transferred loans, verifying all documents are properly filed and up to date.
• Validate borrower entity structures in accordance with loan documents.
• Coordinate with third party vendors, including escrow and insurance companies, to support loan administration and servicing needs.
• Prepare and submit CLS tickets related to payments, ACH setup, address changes, and IBS maintenance.
• Prepare worksheets and coordinate with the Note Department to obtain required loan documentation.
• Review loan documentation for financial reporting requirements, as needed.
• Participate in departmental projects and initiatives as assigned.
• Perform general office duties, including mail processing, filing, and record maintenance.
• Bring prior experience closing C&I, Consumer, Commercial Real Estate, and/or Construction loans.
• 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…