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. 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.
• Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), Real Estate Settlement Procedures Act (RESPA), Fair Credit Reporting Act (FCRA), Bank Secrecy Act (BSA) in conjunction with the USA PATRIOT Act, Anti-Money Laundering (AML) and Customer Information Program (CIP), Right to Financial Privacy Act (RFPA, state and federal) and Community Reinvestment Act (CRA).
• Excellent communication skills, oral and writing
• Excellent customer service
• Effective organizational and time management skills.
• Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
• Intermediate typing skills to meet production needs of the position.
• Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
• Ability to understand, remember, and apply oral and/or written instructions or other information.
• Ability to understand, remember, and communicate routine, factual information.
• Ability to work with minimum supervision while performing duties.
• 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; promotes working environment free of harassment of any type.
• 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

Benefits

• 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.

What This Job Offers

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