Credit Administrator

About Us:

First Community Bancorp is a bank holding company with $4.9 billion in assets as of March 31, 2008, with one wholly-owned banking subsidiary, Pacific Western Bank. Through 60 full-service community banking branches, Pacific Western provides commercial banking services, including real estate, construction and commercial loans, to small and medium-sized businesses. Pacific Western’s branches are located in Los Angeles, Orange, Riverside, San Diego and San Bernardino Counties. Through its subsidiary BFI Business Finance and its divisions First Community Financial and Pacific Western SBA Lending, Pacific Western also provides working capital financing to growing companies located throughout the Southwest, primarily in the states of Arizona, California and Texas.

General Purpose:

The successful candidate selected for this position will assist Senior Credit Administrator in handling approvals for SBA, C&I, Consumer and Real Estate Loans and assist in credit oversight for San Diego Northern Region.

 

Essential Duties:

· Ensure that all loans made by the bank meet the credit standards and parameters as detailed in the bank’s loan policy manual.

· Review and approve new loans and renewals of existing credits within designated authority, which includes commercial & industrial, real estate, construction and mini-perms, SBA 7a & 504, and consumer.

· Work with handling officers to optimize loan presentation with an emphasis in clearly defining the loan purpose, repayment sources and collateral.

· Review loans submitted for approval to ensure proper risk rating and recommended changes as appropriate.

· Follow for delinquencies via the monitoring of officers’ weekly past due reports, and assist in maintaining Bank’s goals for delinquency, non-accrual and criticized/classified percentages.

· Review exception reports in areas such as financial and covenant/compliance monitoring and follow with officers for removal of exceptions.

· Approve loan downgrades, and upgrades as recommended by loan officers or internal/external loan review.

· Assist Portfolio Administration Department with the approval of servicing actions, and assist with strategies involving loan workouts, legal actions and the recovery of collateral.

· Review quarterly Problem Asset Reports (PAR’s) and assist lenders as needed.

· Provide training to lenders and other bank personnel as needed.

· Prepare Credit Admin reports for the Chief Credit Officer and/or the Board of Directors such as: Portfolio Statistics, Portfolio Volume, Portfolio Concentrations, Problem Loans, Delinquent Loans, Non-Accrual Loans, Foreclosure Actions, and other reports required by Credit Admin.

 

 



Qualifications Preferred:

 

· Five years of line experience

· Excellent verbal and written communication skills

· Proficient in Word and Excel

· Experience dealing with the loan approval process, loan grading, regulatory issues, general credit administration functions

· Knowledge of Compliance and Letter of Credit a plus