Pacific Western Bank
Chicago, IL – Wacker
10 S Wacker Dr, Suite 3400
Chicago, IL 60606, USA
The Opportunity The primary function of this position is to manage asset based loans to businesses with annual sales between $1MM and $250MM and borrowing needs between $1MM and $25MM. The main objectives of this position are to provide service to individual business borrowers within a prescribed financing structure, to avoid loan losses and non-performing loans, and to maximize portfolio return and profitability. 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.
How You’ll Make a Difference
Daily collateral and borrowing base monitoring including approving daily loan advance requests of up to 30 portfolio accounts
Monthly collateral and financial statement analysis and monitoring
Develop and maintain strong relationships with borrowers, internal staff and industry professionals.
Review and comment on field audit reports.
Maintain credit and legal loan documentation.
Manage customer loan requests and changes by analyzing, preparing and recommending credit requests for loan approval.
Must actively communicate with clients including site visits in order to provide service and to help identify potential problem situations.
Must be familiar with compliance policies and procedures and is responsible for completing regularly scheduled training modules within certain deadlines.
Maintain zero write-offs or additions to non-accruals.
Submit monthly trend card and financial statement and clearly point out financial, collateral, and other issues as pertinent to the lending relationship.
Present and/or address client credit approvals or account issues with senior management.
Maintain up to date "tickler" reports with accurate information for all accounts.
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
What You’ll Bring
Strong analytical and communication skills required, together with an entrepreneurial work ethic
Ability to analyze financial statements (profit and loss, balance sheet, and cash flow statements)
Ability to multi-task in a fast paced environment
Strong analytical skills and resourcefulness necessary to complete in-depth industry and market analyses
Superior interpersonal, writing and oral communication skills
Proficient with Word and Excel (including financial modeling)
There will be some on-the-job training; however, the candidate should be a “self-starter”
Bachelor’s Degree and/or relevant work experience or training
Required:
Minimum 5 years of related experience
Preferred:
Public accounting
CPA or MBA
High School diploma or equivalent required
How We’ll Support You
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.
Salary Range The full‑time base salary range for this position is $84,000.00 - $125,000.00 USD a year. The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.
Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to t heir actual or perceived race (including traits associated with race, such as hair texture, hair type or protective hairstyles), religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender, gender identity, gender expression, gender transitioning, citizenship status, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information, or disability (mental or physical), requests for accommodation and any additional protected categories set forth in applicable federal, state or local laws. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.
Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to actual or perceived race, religion, color, sex, gender identity, national origin, or disability. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.
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The Opportunity The primary function of this position is to manage asset based loans to businesses with annual sales between $1MM and $250MM and borrowing needs between $1MM and $25MM. The main objectives of this position are to provide service to individual business borrowers within a prescribed financing structure, to avoid loan losses and non-performing loans, and to maximize portfolio return and profitability. 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.
How You’ll Make a Difference
Daily collateral and borrowing base monitoring including approving daily loan advance requests of up to 30 portfolio accounts
Monthly collateral and financial statement analysis and monitoring
Develop and maintain strong relationships with borrowers, internal staff and industry professionals.
Review and comment on field audit reports.
Maintain credit and legal loan documentation.
Manage customer loan requests and changes by analyzing, preparing and recommending credit requests for loan approval.
Must actively communicate with clients including site visits in order to provide service and to help identify potential problem situations.
Must be familiar with compliance policies and procedures and is responsible for completing regularly scheduled training modules within certain deadlines.
Maintain zero write-offs or additions to non-accruals.
Submit monthly trend card and financial statement and clearly point out financial, collateral, and other issues as pertinent to the lending relationship.
Present and/or address client credit approvals or account issues with senior management.
Maintain up to date "tickler" reports with accurate information for all accounts.
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
What You’ll Bring
Strong analytical and communication skills required, together with an entrepreneurial work ethic
Ability to analyze financial statements (profit and loss, balance sheet, and cash flow statements)
Ability to multi-task in a fast paced environment
Strong analytical skills and resourcefulness necessary to complete in-depth industry and market analyses
Superior interpersonal, writing and oral communication skills
Proficient with Word and Excel (including financial modeling)
There will be some on-the-job training; however, the candidate should be a “self-starter”
Bachelor’s Degree and/or relevant work experience or training
Required:
Minimum 5 years of related experience
Preferred:
Public accounting
CPA or MBA
High School diploma or equivalent required
How We’ll Support You
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.
Salary Range The full‑time base salary range for this position is $84,000.00 - $125,000.00 USD a year. The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, abilities of the applicant in alignment with market data and other factors.
Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to t heir actual or perceived race (including traits associated with race, such as hair texture, hair type or protective hairstyles), religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender, gender identity, gender expression, gender transitioning, citizenship status, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information, or disability (mental or physical), requests for accommodation and any additional protected categories set forth in applicable federal, state or local laws. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.
Banc of California is an equal opportunity employer committed to creating a diverse workforce. All qualified applicants will receive consideration for employment without regard to actual or perceived race, religion, color, sex, gender identity, national origin, or disability. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.
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