Banc of California · 9 hours ago
VP, Underwriter- HOA Lending
Santa Ana, CA
Full-time
Onsite
Mid, Senior Level
6+ years expBanc of California is a premier relationship-based business bank headquartered in Los Angeles, focused on providing banking and treasury management services. The VP, Underwriter - HOA Lending is responsible for analyzing and underwriting loan requests for homeowners associations, ensuring compliance with regulations and managing complex credit evaluations.
BankingFinanceFinancial Services
Responsibilities
Independently evaluates and structures complex credit requests within various types of lending to businesses within C&I, investor real estate, and other specialty types of industries with primary emphasis on HOA loans
Loan types primarily include delayed draw term loans and lines of credit may include asset-based lending, term loans, commercial real estate loans, bridge loans, guidance lines, buy and sell side syndicated credits, and cash flow reliant facilities
Performs independent credit analysis and risk assessment including, but not limited to, preparing analysis of financial statements, HOA cost reserve studies, and projections
Well versed in modeling income statements, balance sheets and cash flow calculations over multiple years, as well as analyzing tax returns, financial statements, and be able to perform a downside and break-even projection analysis with limited input
Develop thorough understanding of the nature and history of the applicant’s business, the market in which the business operates, and assess the capability of its management
Understands complex corporate structures and is able to recommend the best borrowing structures to protect the bank. In conjunction with the Relationship Manager (RM), involved in drafting and negotiating complex loan documents prepared by outside law firm or in-house counsel
Prepare and complete the CAR report for submission and approval by Credit Administration
Oversees the Letter of Interest (LOI) and insure consistency between the LOI, loan documents and the CAR
Review documents related to loan request, including but not limited to, UCC filings, appraisal report, title policy, lease agreements, credit reports, etc
Recommend reporting and performance covenants specific to the type of financing being provided and articulate rationale within the CAR
Assist Loan Administrator in a timely boarding and/or funding of loan requests
Responsible for correct identification providing adequate support of new loans’ Risk Ratings
Keeps apprised of industry related, political and regulatory issues to determine their impact on specific industries or clients
Engages with internal and external credit review teams and regulators as needed responding to inquiries on underwritten new loans
Provides guidance and mentoring to junior Underwriters regarding more complex transactions that they assist with. Reviews the work completed by junior Underwriters and communicates the review findings to the individuals
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
Qualification
Required
Minimum of 6-8 years of underwriting experience in real estate, construction and commercial financing including valuation and asset management and financial analysis
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)
PC proficient with emphasis in Word, Excel
Excellent composing and writing skills
Ability to communicate verbally with a wide range of people
Responsiveness, judgment, maturity, integrity, and time management skills
Must be a self-starter and able to multi-task, work efficiently on own and team environment, and be readily adaptable to change
Ability to work under pressure and meet completion time tables
Strong financial analytical skills with the ability to evaluate complex financial statements and complicated business and personal tax returns
Bachelor's Degree and/or relevant work experience or training
Preferred
Bachelor's Degree and/or relevant work experience or training
Experience in underwriting new loans to HOAs
Proficient with nCino
Benefits
You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting.
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).
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.
Eligible team members receive paid vacation days, holidays, and volunteer time off.
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.
Company
Banc of California
Banc of California provides a full-service banking and home lending to individuals and their businesses and families.
1001-5000 employees
H1B Sponsorship
Banc of California has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (5)
2024 (1)
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$20MKey Investors
Patriot Financial Partners
2013-12-05Post Ipo Equity· $20M
2002-08-23IPO
Leadership Team
Ken McMullen
Treasurer
Recent News
Benzinga.com
2026-01-07
2025-12-08
2025-11-12
Company data provided by crunchbase