SVP, Managing Director (Technology Venture Banking)

Overview

Banc 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 SVP, Managing Director will be an integral senior contributor on the life sciences and/or Technology Venture Banking originations team with key responsibilities including originating, structuring, negotiating and executing lending opportunities to early stage private and public companies in the healthcare industry. The SVP, Managing Director will be responsible to deliver on budgeted financial performance for deposits, loan commitments, loan outstandings and cross sales of related banking products and services, all while ensuring strong credit quality of the portfolio. The individual will have significant market visibility and will be expected to self-generate leads by calling on venture capital firms, venture backed life science and/or technology companies and other key contacts within the entrepreneurial ecosystem (CEOs, CFOs, Attorneys, Accountants, etc.). The SVP, Managing Director will be expected to identify, negotiate and present to senior credit committee all aspects of a lending opportunity with the ability to lead a new deal from origination to closing.

 

Responsibilities

• Grow deposits, loan commitments, loan outstandings and non-interest income to deliver on budgeted performance for tracked KPI metrics
• Collaborate with the portfolio team to actively manage the credit risk of the portfolio
• Self-generate and identify high quality referrals that align with the credit and business profile of the Bank
• Drive market presence and brand awareness through networking and hosting marketing events with key constituents within the venture community
• Lead all aspects of deal sourcing, structuring, negotiating, underwriting, internal credit approvals, documentation and closing without assistance or further counsel
• Collaborate within a small team environment
• Involved with interviewing and hiring decisions
• Prepare and deliver employee performance evaluations, goal planning and counseling
• Manage, support, coach and train staff
• 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

 

• Minimum of 12 years of Venture Banking and/or financial services experience
• Bachelor's degree or equivalent work experience
• Creative and strategic thinker with excellent problem solving and organizational skills
• Ability to exhibit professionalism and a positive attitude under pressure
• Ability to work independently yet collaborate cross-functionally in a team environment
• Superior oral and written communication skills
• Ability to handle multiple priorities, projects and relationships simultaneously
• Proven success in managing client accounts
• Review and be knowledgeable of departmental and human resources policies and procedures
• Role requires sitting or standing in front of a computer monitor for prolonged periods of time in a fixed neck position.
• Constant use of a computer or other office equipment resulting in repeating motions of the hands and wrists.
• Light work that may include moving objects up to 20 pounds.

 

Salary Range: $227,379.36- $303,158.96; Final salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with geographic/market data

 

 

 

 

 

 

Employment Type: FULL_TIME