Warehouse Lending Operations Analyst

Banc of California, Inc.; Santa Ana (CA); Hybrid; USD 29,000 - 44,000; Full time

Job summary

Banc of California is seeking a Finance/Accounting professional to support the Warehouse Lending team in Santa Ana, CA. You will perform clerical and administrative accounting duties aligned with company policies and regulatory requirements.

You will review financial statements, manage client applications, prepare memoranda, renewals, and quarterly reports, while coordinating with auditors and internal teams to ensure accuracy and compliance.

Qualifications

• Bachelor’s degree in Accounting or a related discipline from an accredited college or University.
• Minimum 1-2 years of experience working and/or training in a related field; or the equivalent combination of education and experience.
• Banking industry experience preferred.
• CPA firm experience preferred

Responsibilities

• Process and manage new client applications based on stacking sheet requirement; create condition lists, run due diligence reports and follow up.
• Review client audited/interim financial statements and prepare year-to-year comparison analysis per Warehouse Lending requirements.
• Write up credit administration memoranda and address questions.
• Process client annual renewals.
• Prepare and update contracts based on approved memoranda and term letters.
• Track quarterly compliance documents; review monthly seller certifications and financial covenants; perform SOX controls validations.
• Prepare client financial exception waivers and line bulge requests for month-end volume; manage quarterly reports including covenant and tickler reports.
• Assist with internal and external auditors’ requests.
• Support SVP Directors of Operations during quarter/year-end reporting; gather data for special projects.
• Ensure excellent communication with clients and coworkers.

Skills

Accounting knowledge

Regulatory reporting

Attention to detail

Banking industry experience

Education

Bachelor’s degree in Accounting or related discipline

High School diploma or equivalent

CPA firm experience preferred

Job description

• Full-Time
• Requisition #: WAREH004967

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

Responsible for supporting the Warehouse Lending team, and ensuring the smooth operations of the Warehouse Lending Department. Performs a variety of clerical and administrative accounting duties as assigned. 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

• Process and manage new client applications based on the stacking sheet requirement; create condition lists, run due diligence reports and follow up
• Review client audited/ interim financial statements and prepare a year-to-year comparison financial analysis according to Warehouse Lending financial requirements.
• Write up credit administration memorandum and address Credit Administrator questions and inquiries
• Process client annual renewals
• Prepare and update contracts based on approved credit administration memorandum and preliminary variable term letter
• Track quarterly compliance documents; responsible for reviewing monthly seller certification and calculation of financial covenants. Performs SOX controls validations against client trial balance report and nCino application
• Prepare clients financial exception waiver and line bulge requests to accommodate their month end volume. Prepare and manage various quarterly reports which includes; nCino financial covenant and tickler reports
• Assist with internal and external auditors’ requests.
• Assists SVP Directors of Operations, Business Development Team during quarter end and year end reporting; assumes responsibility and gathers data for special projects.
• Ensures excellent internal and external communication with clients and coworkers.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

WHAT YOU’LL BRING

• Bachelor’s degree in Accounting or a related discipline from an accredited college or University
• Minimum 1-2 years of experience working and/or training in a related field; or the equivalent combination of education and experience.
• Work related experience should consist of an in-depth background in accounting and regulatory reporting skills. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the accounting discipline.
• Banking industry experience preferred.
• CPA firm experience preferred
• High School diploma or equivalent required

HOW WE’LL SUPPORT YOU

• Financial Security: You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting.
• Health & Well-Being: We offer comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long- term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA).
• Building & Supporting Your Family: Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.
• Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off.
• Career Growth Opportunities: To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

SALARY RANGE

The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.

Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to t heir actual or perceived race (including traits associated with race, such as hair texture, hair type or protective hairstyles), religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender, gender identity, gender expression, gender transitioning, citizenship status, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information, or disability (mental or physical), requests for accommodation and any additional protected categories set forth in applicable federal, state or local laws. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.