Senior ABL Collateral Analyst - Banc of California

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 through more than 70 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, as well as full-stack payment processing solutions through its subsidiary, Deepstack Technologies. 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.

JOB SUMMARY:

Responsible for a designated group of ABL portfolio including performing both quantitative and qualitative analysis of account receivables, account payables and inventory. Assists Credit Officers, Relationship Managers, Loan Officers and ABL team in overall management of credit clients. Duties may vary as determined by the designated ABL unit.  Performs all duties with respect to and in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.

• Responsible for a designated group of assigned ABL portfolio of accounts including performing both quantitative and qualitative analysis of account receivables, account payables and inventory. ABL portfolio may be periodically reassigned as may be needed from time to time.
• Performs analysis of various client reports and computes the borrowing base pursuant to the loan agreement.
• Preform all daily tasks with respect to ABL servicing.  Scan, enter, post various types of cash receipts throughout the morning on a daily basis.  In addition, perform cash receipts balancing, remote deposit, invoice, purchase order and shipping document review as needed.
• Prepares the collateral review reports, and various reports/ spreadsheets
• Review month end reconciliation between the client aging and inventory reports
• Maintains excellent internal and external client relations and services relating to collateral monitoring, issues, problems, system and other related functionality
• Instructs and assists new ABL borrowers with ABL reporting procedures and requirements
• Depending on assigned ABL unit, may work with Loan Servicing to ensure loans are boarded correctly to ensure data integrity.
• Depending on assigned ABL unit, may be responsible for daily review daily overdraft report on assigned accounts. Works with respective Relationship Manager to avoid losses on overdrafts.
• Ensures adherence to the Bank’s loan policies and actively incorporates them when underwriting credit, if applicable.
• Orders various third party reports timely, such as, collateral audits, and appraisal environmental reports; and develops an adequate knowledge of appraisal and environmental reports and policies, if applicable
• Ensures compliance with all applicable regulations, policies and procedures, and stays abreast of emerging changes to banking regulation and completes bank training courses on-line.
• If needed, actively initiates problem loan identification and administration, as required. Writes Problem Loan Status Reports (PLSR’s) as required by policy and quarterly Risk Rating Certifications. Responsible for ongoing proactive and correct identification and monitoring of Risk Ratings for Borrowers under the Risk Rating Policies of the Bank; to ensure there are not Risk Rating upgrades or downgrades, when audited by internal or external auditors.
• Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
• 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.
• 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 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.
• 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. If you require reasonable accommodation as part of the application process please contact Talent Acquisition Partner.

• 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), 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).
• Solid understanding of basic loan documentation and creating a Perfected Lien.
• Strong understanding of accounting and spreading the financial statements.
• Strong skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
• Advanced 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. Ability to juggle multiple tasks simultaneously.
• Exceptional oral, written and interpersonal communication skills. Analytical writing skills a must.
• Ability to make decisions that have moderate impact on the immediate work unit and cross functional departments.
• Ability to comprehend and explain financial 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 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.
• Bachelor's degree in accounting, finance, economics or three (3)+ years of Asset Based Lending work experience.
• Proficient in Cync Software, Stucky, Asset Reader and Monarch systems.
• Borrowing base analysis experience and understanding of business financial statements preferred.

SALARY RANGE: $65,187.20 - $81,494.40 USD; Exact compensation may vary based on skills, experience, and location.