SVP, Portfolio Manager - Media & Entertainment
Banc of California · Beverly Hills, CA · 3 wk ago
On-siteFinance$34/hrFull-time
About the role
Banc of California is seeking a Manager of Media & Entertainment Portfolio who will oversee the loan portfolio from asset boarding onward. This position requires a bachelor’s degree in accounting, finance, economics, or a related field, along with 10+ years of relevant lending or portfolio management experience.
Responsibilities
- Serve as the primary credit point of contact for Borrowers, maintaining ongoing relationship engagement.
- Review and interpret loan agreements, guarantees, and other credit documentation.
- Review, approve, and process loan advance requests in collaboration with the Loan Servicing team.
- Manage and approve adjustments to loan drawdown schedules.
- Review and approve monthly loan statements and related reporting.
- Collect, review, and analyze collateral collections; monitor performance versus expected timing on project loans to assess interest reserve adequacy.
- Collect periodic financial and collateral reporting; prepare and monitor financial, operational, and borrowing base trends.
- Analyze ongoing compliance with reporting and performance covenants and recommend actions as needed.
- Track and monitor production loans through delivery, including coordinating with completion bond providers and performing cost report variance analysis.
- Operate within agented and syndicated loan structures, serving as the primary credit contact for partner institutions.
- Prepare quarterly risk reviews and portfolio assessments.
- Evaluate Borrower requests (including amendments, waivers, and term extensions) and prepare summary credit memoranda with recommended actions.
- Manage analysis, reporting, and credit recommendations for classified (non-workout) loans.
- Provide guidance and oversight through employee performance evaluations, goal setting, and ongoing feedback.
- Support, coach, and develop team members as part of day-to-day portfolio management.
- Follow all established policies and procedures.
- Perform other duties and special projects as assigned.
Requirements
- Strong working knowledge of the Film, Television, Music, Live Entertainment, and Digital Media sectors.
- Meaningful experience managing borrowing base-governed revolving credit facilities, with familiarity across industry-specific collateral components such as accounts receivable, ultimates, library valuations, P&A credits, distribution credits, production credits, music catalogs, and music advances.
- Experience with film and television production lending structures.
- Solid understanding of commercial lending fundamentals, including cash flow analysis, collateral analysis, and loan structuring.
- Strong working knowledge of bank credit policies, portfolio management practices, and risk management standards.
- Ability to interpret and work with complex loan documentation and collateral perfection requirements.
- Proficiency in Microsoft Office applications, including Word, Excel, PowerPoint, and Outlook.
- Strong organizational and time management skills, with the ability to manage competing priorities.
- Excellent oral, written, and interpersonal communication skills, including clear and effective analytical writing.
- Ability to understand, explain, and evaluate financial calculations and pricing alternatives.
- Ability to deliver both informal and formal presentations to internal teams, management, and external partners as needed.
Qualifications
- Bachelor’s degree in accounting, finance, economics, or a related field.
- 10+ years of relevant lending or portfolio management experience.
Skills
- Commercial lending fundamentals
- Cash flow analysis
- Collateral analysis
- Loan structuring
- Complex loan documentation interpretation
- Bank credit policies and portfolio management practices
- Risk management standards
- Financial calculations and pricing alternatives
- Interpersonal communication skills
Benefits
- Financial Security: Eligible to participate in the company's 401(k) plan with a company match and immediate vesting.
- Health & Well-Being: 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: Partnerships with providers offering 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: Tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.