Salary Range: $121,000 USD to $202,500 USD
Description
BANC OF CALIFORNIA AND YOUR CAREER
Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation's premier relationship-based business banks, providing banking and treasury management services to small, middle market, and venture backed businesses. As the largest independent bank headquartered in California, the bank offers a broad range of loan and deposit products and services through a network of full-service branches and regional offices, as well as through digital and nationwide capabilities. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide through its technology forward platform, SmartStreet. Banc of California is committed to supporting its local communities through the Banc of California Charitable Foundation and by partnering with organizations that promote financial literacy, job training, small business support, affordable housing, and more.
At Banc of California, our success is powered by our people and a shared commitment to delivering meaningful results. We foster an environment where entrepreneurial thinking is encouraged, and accountability and operational excellence are expected. Our team members are empowered to take ownership, make informed decisions, and make a meaningful impact as the bank continues to grow and evolve. We are dedicated to supporting your growth and wellbeing through comprehensive benefits, robust development opportunities, and inclusive programs that enable you to perform at your best. Together we win!
THE OPPORTUNITY
The Vice President, Warehouse Lending is responsible for supporting the day-to-day operations and execution of the Bank's Warehouse Lending portfolio. This role oversees funding activities, collateral monitoring, and operational processes to ensure timely, accurate, and compliant delivery of services to clients.
This position partners closely with the EVP, Credit Administrations, Finance, Treasury, Operations teams, external clients and note custodians and take-out investors to support loan funding, manage collateral integrity, and maintain high service standards across the portfolio. The role is well suited for candidates with strong mortgage experience that can manage and or lead mortgage operations, underwriting, secondary marketing and post closing. 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
Oversee daily funding activities, ensuring timely and accurate processing of loan fundings in alignment with established guidelines
Review and approve funding requests for completeness, accuracy, and compliance with credit approvals and operational standards
Monitor collateral positions, including tracking, reporting, and ensuring alignment with loan agreements and borrowing base requirements
Identify, escalate, and help resolve discrepancies or exceptions related to funding, collateral, or documentation
Partner closely with clients, credit administration and internal operations and audit teams to support seamless execution and client servicing
Support client onboarding, account setup, underwriting guidelines review, presentations to credit on new clients or renewals and ongoing servicing to ensure a high level of responsiveness and operational effectiveness
Ensure adherence to internal policies, procedures, and regulatory requirements, maintaining strong documentation and audit readiness
Identify opportunities to improve operational processes, controls, and efficiency within Warehouse Lending
Provide guidance and support to junior team members, contributing to a collaborative and high-performing team environment
Involved with interviewing and hiring decisions.
Prepare and deliver employee performance evaluations, goal planning, and counseling.
Manage, support, coach and train employees.
Follow all established policies and procedures.
Perform other duties and projects as assigned.
WHAT YOU'LL BRING
5+ years of experience in Warehouse Lending, Loan Operations, or Funding
Bachelor's degree in Finance, Business, Accounting, or related field (or equivalent experience) preferred
Prior experience as a Funding Manager or Mortgage Operations Manager or in a similar operational leadership role preferred
Strong understanding of warehouse lending structures, loan funding processes, and collateral management
Demonstrated ability to manage high-volume transactions in a fast-paced, deadline-driven environment
Strong analytical skills with attention to detail and ability to identify and resolve issues proactively
Effective communication and ability to collaborate across business lines and with external clients
Solid understanding of loan documentation, underwriting review guidelines, credit requirements, and compliance standards
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 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 their 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.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
