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Client Manager
Banc of California
Santa Ana, CA, United States
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Description
Since 1941, Banc of California (NYSE:BANC) has empowered California’s diverse private businesses, entrepreneurs and communities, provided full service banking and lending, and partnered with businesses, families and employees to achieve their dreams.
Today, we are large enough to meet our clients’ banking needs, yet small enough to care and serve them well. Banc of California’s strong balance sheet, deep community roots and commitment to lasting and meaningful relationships are the foundation for its long record of success.
JOB SUMMARY:
Responsible for review and general oversite of the Loan Portfolio specific to the Single Borrower Credit Exposure (SBCE) clients. Will conduct Annual Reviews and make recommendations for Guidance Line Credit Approvals in conjunction with Relationship Managers and Credit Administration. Credit analysis includes but is not limited to gathering, analyzing, and interpreting all types of credit information such as Operating Income and Expense Reports, Real Estate Schedules, Guarantors Personal Financial Statements and Tax Returns. Displays superior analytical abilities, attention to detail and excel at working in a fast-paced environment. Additionally, interacts collaboratively to achieve the goals of Loan Portfolio Team. As well as, provides guidance/assistance to Commercial Real Estate and Multifamily underwriters and perform additional duties as necessary to support the overall goals and objectives of the Commercial Real Estate and Multi-Family Lending Division. 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.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
1. Works with Relationship Managers and Credit Administration to manage clients with a higher aggregate debt to the Bank as established by the CRE policy and guidelines through the annual review process.
2. Reviews risk associated with single borrower credit exposure (SBCE) providing detailed analysis and conclusions about the credit worthiness of the borrower and whether or not a further extension of credit would be acceptable and at what level.
3. Analyze formation documents for Borrowers with various entity types (C-Corp, Limited partnerships, General partnerships, Limited Liability Companies, Trusts, etc.), be able to review such documents for accuracy, and determine appropriate Borrower signing authority.
4. Prepares written annual reviews and Credit Approval Memorandum (CAM) for potential debt increases via a written Guidance Line.
5. Works with Credit Administration to provide data for Management reports regarding the SBCE portfolio.
6. Main contact and liaison for CRE & Multifamily Lending to coordinate and verify data from other lines of business to ensure accuracy of aggregate debt totals to be used by Credit Administration for IARC and ERMC reporting.
7. Contacts borrowers to obtain additional information and respond to customer inquiries in a timely manner.
8. Prepare spreadsheets and calculate appropriate ratios and other financial information.
9. Must have a good understanding of real estate analysis and appraisal reviews.
10. Perform credit analysis of loan packages for Assumptions/Modifications/Extensions, as needed and requested by existing clients in the Loan Portfolio.
11. Assist in problem loan administration, as required.
12. Provide annual reviews, site visits, including monitoring for current financial information, monitoring debt service coverage ratios, etc. for the wider Loan Portfolio.
13. Ensures compliance with Bank Secrecy Act.
14. Ensures full compliance with Bank policies and procedures and all State and Federal regulations and guidelines.
15. Participate in all required Compliance training, either online or in house.
16. Participate in the Business Continuity Plan (BCP), as required.
17. Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
18. Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
19. Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.
20. Performs the position safely, without endangering the health or safety of themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.
21. Performs other duties and projects as assigned.
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 age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), denial of Family and Medical Care Leave, disability (mental and physical) including HIV and AIDS, marital status, medical condition (cancer and genetic characteristics), genetic information, military and veteran status, national origin (including language use restrictions), race, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, gender expression, and sexual orientation.
Qualifications
ESSENTIAL KNOWLEDGE, SKILLS, AND ABILITIES:
• Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program (CIP), Right to Financial Privacy Act (RFPA, state and federal) and Community Reinvestment Act (CRA).
• Ability to handle and resolve recurring problems.
• Ability to present written credit memorandums in a clear, succinct manner, present credits to management/board loan committee.
• Able to make a conclusive recommendation based on independent analysis.
• Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
• Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
• Effective organizational and time management skills.
• Exceptional oral, written and interpersonal communication skills.
• Ability to make decisions that have moderate impact on the immediate work unit and cross functional departments.
• Ability to organize and prioritize work schedules on a short-term and long-term basis.
• Ability to provide consultation and expert advice to management.
• Ability to make informal and formal presentations, inside and outside the organization; speaking before assigned team or other groups as needed.
• Ability to deal with complex difficult problems involving multiple facets and variables in non-standardized situations.
• Ability to work with little to no supervision while performing duties.
EDUCATION, EXPERIENCE AND/OR LICENSES:
• Bachelor’s Degree and/or a minimum of five (5) years’ experience working in a similar field.
• Experience in commercial lending, real property cash analysis, and appraisal valuation methods.
• Experience in financial analysis, business or CRE investment financial statements, CRE investment tax returns and individual’s financial statements and tax returns.
• Experience in the Banking industry preferred.
• Current Driver’s License and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities