Loan Processor

Description

BANC OF CALIFORNIA AND YOUR CAREER

Banc of California, Inc. (NYSE : BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the "Bank"). Banc of California is one of the nation's premier relationship-based business banks focused on providing banking and treasury management services to small, middle-market, and venture-backed businesses. Banc of California offers a broad range of loan and deposit products and services, with full-service branches throughout California and Denver, Colorado, as well as full-stack payment processing solutions through BancEdge. The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more.

At Banc of California, our success is driven by our people, and we take pride in fostering an environment where everyone can reach their full potential. We embrace a culture of empowerment, progressive thinking, and entrepreneurial spirit, ensuring our team members have an opportunity to make an impact and play an important role in the future of Banc of California. Our core values - Entrepreneurialism, Operational Excellence, and Superior Analytics - empower us in creating a dynamic and inclusive workplace. We are committed to supporting your growth and well-being with comprehensive benefits, career development programs, a variety of employee resource groups, and more. TOGETHER WE WIN®

THE OPPORTUNITY

A Loan Processor performs a variety of complex administrative functions necessary to support the relationship management of the commercial real estate lending portfolio. Works with loan processors, loan officers, customers, and other departments; assuring consistent communications in a professional and timely manner. Assists customers and resolves problems concerning commercial real estate relationships in a positive, cost-effective manner. Position supports the real estate lending team and has cross-training support of certain commercial real estate loan operations functions. 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

Manage covenant ticklers for an assigned loan portfolio and perform required callbacks to ensure timely compliance.

Issue financial reporting requests in accordance with departmental policies and process.

Receive, review, and process borrower financial statements, ensuring completeness and accuracy.

Collaborate closely with assigned Credit Analysts to satisfy ongoing and ad hoc financial reporting requirements.

Review loan credit files to identify and resolve compliance, documentation, and policy exceptions.

Prepare and organize loan files for transferred loans, verifying all documents are properly filed and up to date.

Validate borrower entity structures in accordance with loan documents.

Coordinate with third party vendors, including escrow and insurance companies, to support loan administration and servicing needs.

Prepare and submit CLS tickets related to payments, ACH setup, address changes, and IBS maintenance.

Prepare worksheets and coordinate with the Note Department to obtain required loan documentation.

Review loan documentation for financial reporting requirements, as needed.

Participate in departmental projects and initiatives as assigned.

Perform general office duties, including mail processing, filing, and record maintenance.

Bring prior experience closing C&I, Consumer, Commercial Real Estate, and / or Construction loans.

Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.

Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; promotes working environment free of harassment of any type.

Follows policies and procedures; completes tasks correctly and on time; supports the company's goals and values.

Performs 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.

Performs other duties and projects as assigned

WHAT YOU'LL BRING

Minimum 2-3 years of banking experience required

High School Diploma or equivalent required

Intermediate PC skills including proficiency in MS Word

Strong Excel skills, excellent time management, and a high level of attention to detail.

Ability to meet deadlines in a fast-paced environment

Ability to handle a high volume of work, quickly and accurately

Preferred :

Associate's degree or higher

Notary preferred

ITI Navigator, Director and Prime knowledge

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 their 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 (https : / / www.eeoc.gov / poster) notice from the Department of Labor.

Equal Opportunity Employer

PacWest Bancorp and its affiliates are fully committed to the principles of equal opportunity and diversity. We take pride in building a workplace culture where all employees feel supported and respected, and have equal access to career and development opportunities without regard to race, religion / creed, color, national origin, age, marital status, ancestry, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), gender identity / expression, sexual orientation, veteran status, physical or mental disability, medical condition, military status, genetic information, or any other characteristic protected by federal, state or local laws.