Community Reinvestment Banking Officer- Los Angeles, CA

About the position

The Community Reinvestment Banking Officer at California Bank & Trust is responsible for implementing lending and business banking programs focused on community reinvestment. This role involves analyzing financial statements of affordable housing and nonprofit clients, managing credit risk, and ensuring compliance with lending regulations. The officer will also underwrite loans and provide ongoing support to clients, contributing to the bank's mission of serving diverse communities.

Responsibilities

• Assists with the implementation of Community Reinvestment lending and business banking programs.
• Analyzes operational and financial statements and processes of affordable housing, CRA Investment, and nonprofit business clients.
• Provides ongoing credit risk and management reporting for affordable housing, nonprofit business, and CRA investment portfolios.
• Analyzes risks and profitability of assigned client base to ensure ongoing profitability and conformity with credit terms.
• Provides quarterly reports on total portfolio risk.
• May underwrite construction, term, and working capital loans for affordable housing and nonprofit business banking relationships and oversee credits through the construction process and conversion to permanent financing.
• Interfaces with lenders to assist with loan closings and reviews and monitors ongoing compliance of loan covenants and all applicable laws and regulatory requirements.
• Ensures that all credit files include proper documentation.

Requirements

• Requires a Bachelor's degree and 2+ years of commercial lending and bank sales experience, particularly in affordable housing, low-income housing tax credit, and nonprofit business lending.
• Working knowledge of commercial lending, affordable housing, and nonprofit business lending techniques and procedures, credit analysis, and financial statements.
• Knowledge of banking products, lending laws, and regulatory requirements.
• Solid analytical, problem resolution, and organizational skills.
• Good customer relations, negotiation, and communication skills, both verbal and written.
• Ability to build and maintain relationships with various communities and businesses.
• Proficient in word processing and spreadsheet software.

Benefits

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Paternal Leave, and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA), and dependent care accounts
• Paid Training, Paid Time Off (PTO), and 11 Paid Federal Holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits, including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees
• Employee Ambassador preferred banking products