Loan Processor, Small Business Loan Center

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 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.

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 small business loan center 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 small business relationships in a positive, cost-effective manner. 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

• Assist lenders in documenting and funding new and renewing applications.
• Prepare documentation files for new loans.
• Obtain any necessary information to prepare worksheet (entity docs, etc.).
• Prepare worksheet to obtain loan documents from Note Department.
• Review loan documentation for accuracy and completeness.
• Coordinate loan document signings for both in person meetings and
• DocuSign requests.
• Fund and board loans.
• Prepare letters to borrowers as necessary.
• Run and review OFAC, Experian and other reports for loan requests.
• Review credit files for various compliance issues.
• General office duties such as mail sorting, filing, etc.
• Maintain and work a high-volume pipeline with files at multiple stages to ensure all compliance requirements and deadlines are met.
• 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; 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 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

• Demonstrate solid organizational and time management skills; ability to take initiative, work on multiple transactions simultaneously and
• meet completion time tables while maintaining targeted loan quality
• Ability to deal effectively with time pressures, stress and multi-tasking; effective problem solving skills
• Heavy emphasis on small business lending process
• Ability to interface effectively and professionally with customers and co-workers
• Excellent attention to detail and accuracy
• Excellent organizational and time management skills
• Knowledge of applicable Bank policies, compliance laws, rules and regulations
• Ability to use Microsoft Office (Outlook, Excel, MS Word)
• Required: Minimum 2-3 years of banking experience
• Preferred: Loan processing and/or Loan Assistant experience
• Required: High School Diploma or equivalent
• Preferred: Bachelor’s degree or higher

 

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 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.