Job 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 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

The Credit Risk Analytics is responsible for credit risk analysis and reporting on loans and leases. This position supports the quarterly Allowance for Credit Losses (ACL) accounting estimation process and reports to the SVP Director, Credit Risk Analytics or SVP, Credit Risk Analytics Manager. 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 with preparing and reviewing the quarterly ACL computations, supporting analyses, and results.
• Communicate with Credit Administration to identify and assess emerging credit risks
• Assist with coordinating and preparing materials for the quarterly Audit and Enterprise Risk Committee of the Board, Disclosure Committee, ACL Management Committee, ACL Working Group and other ad-hoc meetings
• Perform operating controls for the ACL estimation including data reviews and reconciliations
• Assist with prepare sensitivity analysis on key management assumptions for use in the ACL estimation process.
• Ensure compliance with departmental policies and procedures
• Analyze loan portfolio data for purposes of the ACL estimation, budgeting, forecasting, and/or capital stress testing, research and communicate any data issues
• Perform routine and ad-hoc credit risk analyses for internal and external reporting for management, auditors, regulators, the Board of Directors, and investors as requested
• Prepare financial review of third-party relationship
• Respond to requests and questions from internal management, internal and external auditors, and regulators regarding the ACL estimation process
• 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

• 5+ years of credit risk analysis, commercial loan underwriting, financial auditing, and/or accounting experience is required
• Experienced in the preparation of data analyses and reporting is preferred
• Bachelor’s degree in finance or accounting is preferred
• Understanding of credit risk management discipline and principles
• Ability to communicate appropriately and effectively with all members of the organization
• Highly self-motivated and ability to work independently
• Proven analytical, evaluative, and problem-solving abilities
• Ability to handle multiple projects
• Proficient Excel skills
• Understanding of database concepts and data structures

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.

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 notice from the Department of Labor.

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