AVP, Portfolio Manager

About the Opportunity

Responsible for providing financial, credit, and trend analysis for the delivery of the Banks credit products and services to middle market and other business clients and prospects. Monitors assigned credit relationships for covenant compliance, collateral monitoring, and credit deterioration, as applicable. Conduct annual reviews of loans and identify any risk rating changes. Keeps apprised of industry related, political and regulatory issues to determine their impact on specific industries or clients. Acts in an independent fashion from the sales teams to structure and evaluate credit requests. Is responsible for determining the credit worthiness of the Borrower and recommending credit decisions to Credit Administration. 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

• Independently evaluates and structures lower complexity credit requests, including, but not limited to asset-based lending, term loans, and commercial real estate loans.
• Performs independent credit analysis and risk assessment of new and existing credit requests.
• In conjunction with Relationship Manager, involved in drafting loan documents prepared by outside law firm or in-house counsel.
• Recommends credit actions by preparing the Credit Approval Report (“CAR”) which is submitted to Credit Administration for final decisioning.
• Works with Loan Administration team to obtain due diligence information needed to underwrite the credit request, perform risk rating reviews, and/or monitor covenant compliance and ticklers.

About You

Bachelor's degree in accounting, finance, economics or related field and/or 3 years of related work experience. Formal credit training and/or Intermediate/Financial Accounting 1 and 2 preferred. Work related experience should consist of a good to strong understanding of lending, specifically, cash flow and collateral analysis and loan structuring.

Benefits

• Financial Security: Eligibility for the company’s 401k plan with company match and immediate vesting.
• Health & Well-Being: 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: Adoption, surrogacy, and fertility assistance, paid parental leave, and family support solutions including care options.
• Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off.
• Career Growth Opportunities: Tuition reimbursement, annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

About Company

Banc of California is an equal opportunity employer committed to creating a diverse workforce. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.