Credit Analyst at Banc of California in Chevy Chase, MD

BANC OF CALIFORNIA AND YOUR CAREER

Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship-based business banks, providing banking and treasury management services to small, middle market, and venture backed businesses. As the largest independent bank headquartered in California, the bank offers a broad range of loan and deposit products and services through a network of full-service branches and regional offices, as well as through digital and nationwide capabilities. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide through its technology forward platform, SmartStreet™. Banc of California is committed to supporting its local communities through the Banc of California Charitable Foundation and by partnering with organizations that promote financial literacy, job training, small business support, affordable housing, and more.

At Banc of California, our success is powered by our people and a shared commitment to delivering meaningful results. We foster an environment where entrepreneurial thinking is encouraged, and accountability and operational excellence are expected. Our team members are empowered to take ownership, make informed decisions, and make a meaningful impact as the bank continues to grow and evolve. We are dedicated to supporting your growth and wellbeing through comprehensive benefits, robust development opportunities, and inclusive programs that enable you to perform at your best. Together we win!

THE OPPORTUNITY

The Credit Analyst position is expected to monitor the performance of borrowers, identify deviations from agreed upon performance, and take the appropriate remedial steps. The Credit Analyst should strive to understand the client’s operating performance and needs, and work to build strong working relationships with clients, and other constituents. The Credit Analyst will work closely with a Loan Officer to assess client credit risk. 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

• Conduct financial analysis of credit and collateral of borrowers, with emphasis on data accumulation and trend analysis.
• Perform financial, operational, valuation, underwriting, and transactional analysis.
• Participate in borrower risk assessments.
• Interact with various management staff.
• Ensure loan documentation aligns with SBA SOPs and internal policies.
• Process payment transactions in the core processing system according to loan terms.
• Assist with various SBA specific reporting requirements.
• Maintain accurate records and update loan tracking systems for taxes and insurance.
• Address borrower inquiries related to loan servicing, payment processing and compliance requirements.
• Performs other duties and projects as assigned.

WHAT YOU’LL BRING

• Ability to analyze financial statements (profit and loss, balance sheet, and cash flow statements)

• Strong organizational, written and verbal communication skills

• Ability to work independently and collaboratively

• Ability to interface effectively and professionally with senior level management

• Ability to multi-task several projects at once

• Excellent attention to detail and accuracy

• Excellent organizational and time management skills

• Proven ability to use Microsoft Office Suite (Outlook, Excel, MS Word, and PowerPoint)

• Creative and strategic thinker capable of analyzing information/processes to determine overall trends and make appropriate conclusions

• Required:

  • 2+ years of related experience
  • Bachelor`s degree in Finance, Accounting, Business Administration, or equivalent experience.

• Preferred:

  • Experience in general accounting
  • Experience in loan servicing, modifications, and credit risk monitoring.
  • Experience working with SBA lending platforms.

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.