VP, Portfolio Relationship Manager, Construction & LIHTC Loans

About the Company

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. As one of the nation’s premier relationship-based business banks, it provides banking and treasury management services to small, middle market, and venture-backed businesses. The bank offers a broad range of loan and deposit products through a network of full-service branches, regional offices, and digital capabilities. It also provides full-service payment processing solutions and serves the Community Association Management industry nationwide through its SmartStreet™ platform. Banc of California supports local communities via the Banc of California Charitable Foundation and partnerships promoting financial literacy, job training, small business support, and affordable housing.

The company fosters an environment where entrepreneurial thinking, accountability, and operational excellence are expected. Team members are empowered to take ownership and make informed decisions while contributing to the bank’s growth.

About the Role

This role is responsible for providing financial, credit, and trend analysis for the delivery of the Bank's credit products and services to middle market and other business clients and prospects. You will monitor assigned credit relationships for covenant compliance, collateral monitoring, and credit deterioration, and conduct regular reviews of loans to identify risk rating changes. Staying apprised of industry-related, political, and regulatory issues to assess their impact on clients or industries is essential. Acting independently from sales teams, you will structure and evaluate credit requests, determine borrower creditworthiness, and recommend credit decisions to Credit Administration.

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.
• Review and approve monthly loan statements and related reporting.
• Monitor performance versus expected timing on project loans to assess interest reserve adequacy.
• Collect periodic financial reporting; prepare and monitor financial and operational trends.
• Analyze ongoing compliance with reporting and performance covenants and recommend actions as needed.
• 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 projects as assigned.

Requirements

• Bachelor’s degree in accounting, finance, economics, or a related field, and/or 5+ years of relevant lending or portfolio management experience.
• Strong working knowledge of real estate lending, with preference for construction and bridge experience.
• Solid understanding of commercial lending fundamentals, including cash flow analysis, financial 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.
• High school diploma or equivalent required.

Benefits

• Financial Security: Eligible to participate in the company’s 401k 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: Adoption, surrogacy, and fertility assistance, as well as paid parental leave and family support solutions including care options.
• Paid Time Away: Paid vacation days, holidays, and volunteer time off.
• Career Growth Opportunities: Tuition reimbursement, an annual mentorship program, leadership development resources, and access to LinkedIn Learning.

Pay

The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, and abilities of the applicant in alignment with market data and other factors.