VP, Business Development Officer - Small Business Lending

Banc of California, Inc. is a bank holding company focused on providing banking and treasury management services to small and middle market businesses. The Business Development Officer is responsible for originating and funding SBA loans, developing client relationships, and ensuring compliance with regulatory requirements.

Responsibilities:

• Establishing new referral and client relationships and fostering existing relationships
• Independently source new loan transactions; this position does not receive internal branch referrals
• Assisting in the initial pre-screening, qualifying and structuring of loan opportunities
• Analyze business and personal federal tax returns, including balance sheets and profit and loss statements
• Maintain regular communication with clients and referral partners regarding transaction status
• Partner with Underwriting and Closing to determine appropriate transaction structure and lending parameters
• Follow all established policies and procedures
• Perform other duties and projects as assigned

Requirements:

• Minimum 7 years of experience in a commercial lending environment
• Bachelor's Degree or additional equivalent experience
• Strong analytical, technical and documentation skills, strong time management and organizational skills
• Demonstrated ability to build and maintain effective relationships; capable of working independently and collaboratively in a team environment
• Established local and/or national market presence with a strong sphere of influence
• Experienced and knowledgeable in originating SBA 7a and SBA 504 loan products
• Familiarity with Small Business Administration Standard Operating Procedures and eligibility requirements
• Established referral network, including business and real estate brokers, accountants, attorneys, and other commercial banking relationships and community groups
• Possesses strong credit skills to determine the appropriate loan structure and assess credit risk of applicants
• Familiarity with technology used in the loan origination process, including standard office software (Microsoft word, excel, etc.), with the ability to quickly adapt to new platforms and tools
• 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)
• High School diploma or equivalent required
• Bachelor's degree in finance or accounting