VP, Director Credit Review

Banc of California•Denver, CO

About The Position

The VP, Director Credit Review conducts independent examinations of loan portfolios to evaluate credit risk management processes related to loan originations and portfolio management. The role ensures asset and portfolio quality is accurately assessed and reported to the Board, Enterprise Risk Committee, Executive Management, external auditors, and regulators. It also confirms the Bank’s risk-rated assets and loan portfolios are managed, evaluated, and risk-graded in accordance with corporate policies and regulatory standards. All duties are performed in accordance with Company policies and procedures and applicable U.S. state and federal laws and regulations. The position leads and participates in credit reviews across diverse lending portfolios, including Venture Banking exposure to Life Sciences and Technology, Equity Funds, Lender Finance, and Corporate Asset Finance. It leads examinations and examination teams, manages issue tracking through remediation and closure, strengthens the Credit Review program and risk assessment framework, and prepares reports and recommendations for management. The role also serves as a subject matter expert, supports staff development and performance management, and handles special assignments and other duties as assigned.

Requirements

Bachelor’s degree from an accredited college or university.
At least 10 years of commercial lending or credit risk management experience, including underwriting, portfolio risk management, or other credit risk-related work experience or training.
At least 10 years of recent significant experience with a large financial institution in credit examination, credit administration, commercial lending, or as a credit officer, with a track record of assessing credit risk, evaluating lending practices, and ensuring adherence to regulatory and internal credit standards.
Extensive lending examination expertise across diverse commercial and specialty credit portfolios, including Venture Banking exposure to Life Sciences and Technology, Equity Funds, Lender Finance, and Corporate Asset Finance.
Advanced demonstrated knowledge of credit risk management techniques, credit regulatory guidance, and bank credit administration.
Advanced demonstrated knowledge of accounting rules applicable to lending activities, related state and federal laws and regulations, and Bank policies and standards.
Thorough understanding of analyzing various types of commercial and consumer credits.
Strong understanding of analyzing various types of middle-market and specialty credits.
Advanced proficiency with Microsoft Office applications, including Word, Excel, PowerPoint, and Outlook.
Advanced data analytics skills.
Advanced credit analysis and mathematical skills, including calculating interest and percentages, balancing accounts, performing calculations with whole numbers, fractions, and decimals, identifying routine mathematical errors, computing rates, ratios, and percentages, and drafting and interpreting bar graphs.
Effective organizational and time management skills.
Ability to provide consultation and expert advice to management.
Ability to address complex and difficult problems involving multiple facets and variables in non-standardized situations.
Ability to work with little to no supervision while performing assigned duties.
Ability to work successfully in a client-focused, consultative work environment.
High school diploma or equivalent required.

Nice To Haves

Experience working with credit databases for analysis and report preparation.

Responsibilities

Lead and participate in comprehensive credit reviews across diverse lending portfolios, including Venture Banking exposure to Life Sciences and Technology, Equity Funds, Lender Finance, and Corporate Asset Finance.
Manage issue tracking for lending unit examinations from identification through remediation, validation testing, and closure, ensuring timely resolution and accurate documentation.
Enhance the Credit Review program by strengthening governance, expanding portfolio coverage, refining risk assessment methodologies, and implementing program elements aligned with regulatory expectations.
Execute the risk assessment framework to identify, assess, and monitor credit risks; use performance metrics and trend analysis to detect credit deterioration and emerging vulnerabilities.
Identify, recommend, and implement process changes in credit portfolio management, including new lending programs, underwriting, and portfolio management requirements.
Identify weaknesses in portfolio management that result in inaccurate risk ratings or material variances from Bank policy and regulatory guidance.
Provide opinions on management’s ability to administer credit risk, loan exposures, and concentrations within Banking Unit portfolios.
Analyze and review commercial and retail credits, including verification of financial analysis, global cash flow, and repayment sources used to determine asset quality.
Ensure management updates Credit Review risk-rating changes accurately and promptly in the loan system of record.
Evaluate compliance with credit policies, standards, and procedures and confirm appropriate controls are in place to satisfy regulatory requirements and support best practices.
Serve as examiner in charge and lead examinations by planning, coordinating, and overseeing portfolio reviews; manage examiner resources and perform quality control of workpapers and work completed by examination staff and third-party co-source resources.
Develop risk-based findings and recommendations and support management’s corrective action plans.
Prepare timely examination reports and present conclusions and findings to Senior Management.
Provide training and guidance to less experienced examiners and serve as a subject matter expert in portfolio asset classes and specialized loan and credit risk products.
Promote a collaborative team approach and maintain effective working relationships with lending unit management, credit administration, internal audit, and external third parties.
Promote effective communication with internal and external resources.
Independently complete special assignments, including due diligence examinations, task force projects, and ad hoc reviews delegated by Credit Review Management.
Participate in interviewing and hiring decisions.
Prepare and deliver employee performance evaluations, goal planning, and counseling.
Manage, support, coach, and train staff.
Follow established policies and procedures and perform other duties and projects as assigned.

Benefits

401(k) plan with company match and immediate vesting.
Comprehensive insurance options, including medical, dental, vision, AD&D, supplemental life, and long-term disability.
Pre-tax Health Savings Account with employer contributions and pre-tax Flexible Spending Account.
Adoption, surrogacy, and fertility assistance.
Paid parental leave and family support solutions, including care options for family members.
Paid vacation days, holidays, and volunteer time off for eligible team members.
Tuition reimbursement.
Annual mentorship program.
Leadership development resources.
Access to LinkedIn Learning.