VP, Loan Officer

Banc of California, Inc.; Maryland; Presencial; USD 101.000 - 169.000; Jornada completa

Descripción de la vacante

Banc of California, Inc. is seeking a VP, Loan Officer to independently monitor and manage a Lender Finance portfolio, ensuring covenant compliance and timely remedial actions.

The role demands strong financial analysis, client communication, and collaboration with originations and credit teams to support loan modifications and risk management. Ideal candidates have 6+ years in commercial real estate finance, with construction lending experience and a degreed background in Finance or Accounting,

Formación

• Minimum 6+ years of experience in the commercial real estate finance sector.
• Construction lending experience preferred.
• Experience negotiating loan documentation with exposure to intercreditor arrangements.
• Bachelor's degree in Finance or Accounting required.
• CPA or MBA preferred.
• Entrepreneurial work ethic and ability to multi-task in a fast-paced environment.

Responsabilidades

• Manage a portfolio of Lender Finance loans by monitoring client financial performance and ensuring adherence to loan covenants.
• Perform financial statement analysis to monitor trends and credit quality; address defaults promptly.
• Monitor construction loans within the borrowing base against timelines and budgets.
• Receive, analyze and process draw requests.
• Oversee Credit Analysts supporting the Loan Officer.
• Collaborate with Originations Group prior to loan closing for transfer into Portfolio Management.
• Respond to client requests for loan modifications and assess feasibility and terms.
• Ensure timely risk rating assessments and inform management of issues.
• Maintain accurate data entry and credit file documentation.
• Prepare periodic portfolio reports for management.

Conocimientos

Financial analysis

Portfolio management

Credit risk assessment

Client relationship management

Negotiation

Data entry

Team leadership

Educación

Bachelor's degree in Finance or Accounting

CPA or MBA

Descripción del empleo

Salary Range: $101,000 USD to $168,500 USD

Description

BANC OF CALIFORNIA AND YOUR CAREER

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, SmartStreet. 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 VP, Loan Officer is expected to independently monitor the performance of assigned Lender Finance credit facilities, identify deviations from agreed upon performance and take the appropriate remedial steps. The VP, Loan Officer should strive to build strong working relationships with all clients to ensure open communication and improved understanding of the client's operating performance and needs. This position requires an ability to work independently with limited day-to-day supervision. 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 a portfolio of Lender Finance loans by monitoring and tracking client's financial performance and ensuring client adherence to the terms of the loan agreements including financial covenants, as applicable.
• Perform financial statement analysis to monitor trends and new developments that may impact credit and collateral quality and loan performance. Address and resolve defaults in a timely manner.
• Monitor the status of construction loans within the underlying lender's borrowing base including the development timelines and budgets compared to underwritten time and cost estimates.
• Receive, analyze and process draw requests.
• Management of Credit Analysts who will support Loan Officer in the completion of assigned responsibilities.
• Collaborate with the Originations Group prior to loan closing to prepare for the transfer of new loans into Portfolio Management, including review of Loan Agreements, Intercreditor Agreements, and other legal documents.
• Respond to requests from clients for modifications to existing loans and determine project feasibility, guarantor strength and adherence to bank credit policy. Negotiate terms acceptable to the bank, underwrite, document, and request approval for modifications from senior management, and work with counsel and client to execute modifications.
• Ensure timely and accurate risk rating assessments and inform management of developing problems.
• Adhere to procedures for data entry to systems and tracking reports, and maintain appropriate stewardship of credit files to document all material events and actions.
• Prepare periodic reports and summaries to keep management informed on portfolio performance.
• Communicate with client and or supervisor to resolve loan issues or questions.
• Contribute to team effort by assisting in related tasks and special projects, as needed.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

WHAT YOU'LL BRING

• Minimum of 6+ years of experience in the commercial real estate finance sector (commercial bank, investment bank, private equity, specialty finance, real estate finance, or mezzanine firm)
• Preferred:
• Construction lending experience
• Experience with negotiating loan documentation, with exposure to intercreditor arrangements
• Required: Bachelor's degree in Finance or Accounting
• Preferred: CPA or MBA
• Entrepreneurial work ethic and ability to multi-task in a fast paced environment and team setting
• Ability to analyze financ