Credit Analyst III, Commercial Real Estate at Banc of California in Santa Ana, California

Job Description:

Credit Analyst III, Commercial Real Estate

Banc of California, Inc. (NYSE: BANC) is a bank holding company with approximately $9.4 billion in assets and one wholly-owned banking subsidiary, Banc of California, N.A. (the “Bank”). With our 600+ dedicated professionals, we provide customized and innovative banking and lending solutions to businesses, entrepreneurs and individuals throughout California. We proudly partner with community organizations that provide financial literacy, job training, small business support, and affordable housing to help improve the communities where we live and work. With a commitment to service and building enduring relationships, we provide a higher standard of banking.

Responsible for assisting Portfolio Managers and Relationship Managers with the credit origination process and financial reviews and analysis on the existing portfolio.  Reviews borrower information, perform credit/financial analysis and Know Your Customer (KYC) due diligence and insure initial application process meets regulatory and Banc standards. 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.

1. Responsible for spreading operating history, personal and entity financial statements and/or tax returns of borrower, as applicable and required.


2. Performs initial credit analysis of loan requests that is reviewed by Relationship Manager, Portfolio Managers, Team Leads and/or Credit Administration.


3. Responsible for performing initial review of borrower by analyzing their background, credit, and legal information, to validate their credit worthiness and legal standing.


4. Assist with the underwriting and completion of Credit Approval Memorandums (CAM), coordination and preparation for portfolio reviews and audits, and monitoring and reporting of the origination process and portfolio review activities, as applicable.


5. May order various third party reports and searches (i.e., appraisal, environmental, credit reports, tax returns, UCC searches).


6. May monitors financial and covenant compliance in conjunction with Portfolio Managers, as applicable.


7. Conducts professional and courteous correspondence with clients.


8. Ensure compliance with all applicable regulations, policies and procedures.


9. Keeps up with changes to banking regulation and completes bank training courses on time.


10. Treat people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.


11. Follow policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.


12. Demonstrate 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.


13. Perform the position safely, without endangering the health or safety to 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.


14. Perform 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. If you require reasonable accommodation as part of the application process please contact Talent Acquisition Partner.

• Demonstrate 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).


• Basic skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.


• Proficiency in intermediate math and accounting skills required.


• Effective organizational and time management skills.


• Ability to grasp and understand mathematical concepts, including accounting concepts, balancing, loan interest calculations.


• Ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, and speak clearly to customers and employees.


• Ability to work with little to no supervision while performing duties.


• Ability to deal with problems involving multiple facets and variables in non-standardized situations.


• Excellent time management skills and accustomed to working with deadlines.


• Ability to comprehend and explain financial calculations


• Must be fully vaccinated for
  COVID-19 (i.e., at least 2 weeks after last dose) and, if hired, present proof
  of vaccination by start date.

• Bachelor's degree in accounting, finance, economics or related field required and/or 3+ years of related work experience and/or training.


•  Financial analysis experience working with business financial statements and tax returns and individual financial statements and tax returns preferred.

Salary: