Officer, Commercial Banking Associate

Overview

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®

The Opportunity

The position entails providing support to a seasoned team of commercial real estate lenders and loan processors. The incumbent will gain exposure to various departments and personnel throughout the Bank, including senior management representing the origination, portfolio management, and credit review segments of the institution. The position is responsible for supporting an existing team of commercial real estate lenders in portfolio management, construction loan disbursements / advances, new deal review and underwriting, guarantor and borrower analysis, term sheet preparation, spreading and analysis of financial information, site visits, risk rating monitoring, and loan agreement compliance, among others.

Incumbents will have the opportunity to join senior lenders on client meetings and calls, with the opportunity to freely network within the local and national commercial real estate industry. 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.

• Join an existing team of commercial real lenders, providing a mix of construction loans, bridge loans, and permanent financing secured by office, multi family, industrial, and retail properties (with some special purpose exposure).
• Analyze and spread property level detail – operating statements, budgets / pro-forma cash flows.
• Analyze and spread guarantor financial information and analyze guarantor wherewithal – personal financial statements, tax returns.
• Support the team with preparation of credit / investment memorandums as a component of the credit approval process.
• Support the team with analysis of new deals and financing opportunities – collect required information and review along with the lending officer.
• Support the team with general portfolio management activities – loan monitoring, collection and review of required financial reporting information, loan maturity maintenance, risk ratings, perform site inspections.
• Willingness to learn - growth opportunities in Relationship Management, Portfolio Management, Loan Processing, and Fund Control.
• Opportunity to join senior lenders in client meetings, client calls – client exposure.
• Stay abreast of market trends and develop/maintain a network of referral sources.
• Perform other duties as assigned.
• 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…