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OverviewBanc of California, Inc. (NYSE: BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the “bank”). Banc of California is one of the nation’s premier relationship-based business banks focused on providing banking and treasury management services to small-, middle-market, and venture-backed businesses. Banc of California offers a broad range of loan and deposit products and services through more than 70 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, as well as full-stack payment processing solutions through its subsidiary, Deepstack Technologies. The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more.JOB SUMMARY:The AVP, Banker is accountable to analyze, evaluate, completely underwrite, structure and close lending opportunities. There is also a focus on financial analysis, modeling, research, and credit application preparation and presentation. This role will work closely with Bankers on new transactions. They will also be a key part of the business development efforts of the overall region by attending market events and beginning to grow their own personal network in the venture capital and entrepreneurial ecosystem.Responsibilities
Evaluating loan / credit requests to determine quality of opportunity and potential loan structure to maximize return on investment.
Identifying specific merits, risks, and mitigants for each transaction.
Constructing and maintaining detailed financial models and developing sensitivity analyses around key economic drivers.
Drafting internal approval memoranda and term sheets.
Performing industry and company financial research and due diligence.
Supporting legal documentation and execution of new transactions.
Assisting in all aspects of origination activity leading to closing of new transactions, including regularly attending networking and business development events and developing relationships.
Adhere to all corporate compliance and regulatory needs including but not limited to compliance training, Reg B, NOD, CDD, etc.
Perform other duties as assigned.
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 age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), denial of Family and Medical Care Leave, disability (mental and physical) including HIV and AIDS, marital status, medical condition (cancer and genetic characteristics), genetic information, military and veteran status, national origin (including language use restrictions), race, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process please contact Talent Acquisition Partner.Qualifications
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)
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, written and oral communication skills
Ability to travel on short notice
Ability to adapt to multiple industry verticals including technology and life sciences
Excel, Word, PowerPoint, proficiency
Acts with a sense of urgency; there will be some on-the-job training however the candidate should be a self-motivator and self-starter
Required: 5+ years related experience or public accounting
Required: Bachelor’s degree in Finance, Accounting, Economics or related field
SALARY RANGE: $70,000.00 - 110,000.00 USD; Exact compensation may vary based on skills, experience, and locationShare job with a friend Refer a FriendJob Locations US-MA-Boston | US-NY-New YorkID 2024-3753Category Lending/SalesType Regular Full-TimeEqual Opportunity EmployerPacWest Bancorp and its affiliates are fully committed to the principles of equal opportunity and diversity. We take pride in building a workplace culture where all employees feel supported and respected, and have equal access to career and development opportunities without regard to race, religion/creed, color, national origin, age, marital status, ancestry, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), gender identity/expression, sexual orientation, veteran status, physical or mental disability, medical condition, military status, genetic information, or any other characteristic protected by federal, state or local laws.
