Warehouse Lending Analyst

Banc of California • Santa Ana, CA

1d

About The Position

Responsible for supporting the Warehouse Lending team, and ensuring the smooth operations of the Warehouse Lending Department. Performs a variety of clerical and administrative accounting duties as assigned. 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.

Requirements

• Bachelor’s degree in Accounting or a related discipline from an accredited college or University
• Minimum 1-2 years of experience working and/or training in a related field; or the equivalent combination of education and experience.
• Work related experience should consist of an in-depth background in accounting and regulatory reporting skills.
• Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the accounting discipline.
• High School diploma or equivalent required

Nice To Haves

• Banking industry experience preferred
• CPA firm experience preferred

Responsibilities

• Process and manage new client applications based on the stacking sheet requirement; create condition lists, run due diligence reports and follow up
• Review client audited/ interim financial statements and prepare a year-to-year comparison financial analysis according to Warehouse Lending financial requirements.
• Write up credit administration memorandum and address Credit Administrator questions and inquiries
• Process client annual renewals
• Prepare and update contracts based on approved credit administration memorandum and preliminary variable term letter
• Track quarterly compliance documents; responsible for reviewing monthly seller certification and calculation of financial covenants.
• Performs SOX controls validations against client trial balance report and nCino application
• Prepare clients financial exception waiver and line bulge requests to accommodate their month end volume.
• Prepare and manage various quarterly reports which includes; nCino financial covenant and tickler reports
• Assist with internal and external auditors’ requests.
• Assists SVP Directors of Operations, Business Development Team during quarter end and year end reporting; assumes responsibility and gathers data for special projects.
• Ensures excellent internal and external communication with clients and coworkers.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

Benefits

• company’s 401k plan which includes a company match and immediate vesting
• 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).
• adoption, surrogacy, and fertility assistance
• paid parental leave and family support solutions including care options for your family.
• paid vacation days, holidays, and volunteer time off.
• tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level