Senior Loan Administrator - Construction and LIHTC

Senior Loan Administrator

BANC OF CALIFORNIA AND YOUR CAREER Banc of California, Inc. 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 OPPORTUNITY The Senior Loan Administrator is responsible for independent decision-making, the review and analysis of loan transactions, and the timely processing of loan transactions from application through funding and closing of the loan. In addition, this function provides support to all loan parties and is responsible to perform all essential duties related to the collection and review of due diligence and closing and funding.

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 Conduct thorough review of the loan file/loan package to ensure it includes all relevant documentation required for the transaction. Independently analyze transaction types and determine necessary due diligence items and legal documents required to ensure accurate closings and compliance with bank and regulatory requirements and procedures. Senior Loan Administrator collaborates closely and effectively manages expectations with client, Relationship Managers, and others on the loan team to ensure timely closing of loans Handle complex loans, including those involving outside legal documentation and correspondence, as well as, transactions involving Syndications/Participations and Specialized Lending.

Perform the pre-funding validation of the internal "SOX control" related to loan origination funding. Solely responsible for identifying any open items timely and work with appropriate parties to collect the necessary items Manage and update open items list as received and reviewed. Confirms and coordinates insurance needs with customer, insurance brokers, Relationship Manager to ensure proper insurance is received and collected in a timely manner.

Order flood certification and complete requirements according to company and regulatory requirements including but not limited to sending and receiving the flood notice from the Borrower if the loan is in a flood zone. Completing the flood calculator to ensure appropriate flood insurance is in place. Possesses expertise in reviewing evidence of insurance to confirm coverage is in compliance with bank and regulatory requirements.

May Perform final review of the flood calculator, flood determinations and flood insurance requirements for accuracy, ensuring accordance with NFIP guidelines and bank policy. Order preliminary/proforma title reports, exceptions, and plotted…