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VP - Senior Credit Review Reporting and Analytics
Banc of California
Woodland Hills, CA, United States
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Description
Since 1941, Banc of California (NYSE:BANC) has provided full-service banking and lending to individuals and their businesses, families and employees throughout California and across the West.
Today, with over $10 billion in consolidated assets, 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 developing and maintaining a comprehensive program of professional practices for reporting and monitoring Credit Review analytics. Establishes and owns Credit Review tools and technologies. Provides support to examination staff by assisting with raw data and incorporating loan data from systems into reports and templates. Additionally, provides for ongoing Credit Review reporting mechanisms for various internal/external stakeholders. Assists on examinations and other credit review assignments as requested. Ensures the performance of 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. Responsible for administration and the day to the day desk review activities including creating samples, notifying units of credits to be examined, and tracking results.
2. Assist in maintaining standardized templates to be used for reviews; includes sample template, credit write-ups, report formats, entry letters and exception reporting. Responsible for maintenance of the templates to ensure examiners are working with the most current.
3. Responsible for maintaining examination statistics to include the quantity by number and percentage of each units risk rating changes that have occurred both during on-site examinations and during each quarter of continuous monitoring.
4. Responsible for format and placing information to be reported to the MCC, ERMC and Board into a presentation that updates the annual plan, exam metrics and conclusions for examinations published during the quarter and open item tracking. Additionally, department staffing and workflow changes as well as the results of regulatory and audit reviews of the department will be included. Also, responsible to tie out the report for SOX purposes providing back up documentation.
5. Assist examiners in pulling metrics and analytical data from the loan system to be used for exam samples in compliance with SOX. Also, assists as requested with populating the automated report format for examiners with information such as unit concentrations and ratings migrations. Helps Examiners tie out Comprehensive Review reports.
6. Updates reports and tracking mechanisms after each exam with findings, dates and methods of remediation/corrective action (provided by examiners and BUs), and includes this information on Board reports.
7. Periodically keeps a record of changes to be made to policy and procedures as recommended by examiners and the department manager. Helps to draft needed changes to policy as needed or annually as required.
8. Serves as point of contact for routing questions to examiners or the department head and is the primary contact for compiling requested information from regulators and outside auditors and ensuring that requested time lines are adhered too.
9. Assists with the department schedule and also helps to schedule and plan for entry and closing meetings.
10. Partners with the Department manager to make identified changes to the annual plan for the quarterly ERMC and Board meetings as needed.
11. Liaisons with IT to develop an automated work paper and other needs regarding the loan system to pull information for department analytics as required.
12. Ensures file maintenance system is maintained and that the Department’s work is adequately set up and accessible on the Department’s shared drive.
13. Designs templates for various Credit Review workflows as needed. Designs and implements tracking systems to ensure reports are completed on schedule, open items are closed out in a timely manner, and requests from regulators and auditors are within deadlines.
14. Maintains the personnel list of examiner information in case of disaster and will be part of the Business Continuity Program for the company if requested.
15. Coordinates quarterly meetings which will involve working with the Department manager on an agenda, informing examiners of meetings, and ensuring that information for the meeting is provided. Also participates in meetings to learn of examination issues and eventually train to become a CR examiner.
16. Owner of credit review tools and technologies. Has priority access and ownership of all credit review automated tools, programs, systems and data bases that credit review examiners use. Additionally, will have chief responsibility for templates.
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).
• Strong technical writing and ability to analyze data and trends to form conclusions.
• Superior administrative skills for planning/organizing/project management.
• Knowledge of the banking industry as well as Credit Administration Practices.
• Knowledge of Risk Management Structure and Processes.
• Detailed oriented with knowledge of database project management and query tools.
• Advanced 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, as well as the ability to collaborate with all levels throughout the organization.
• 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 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 in Finance, Accounting or related preferred.
• 2+ years’ experience in banking with a focus on credit and technical applications preferred.