Logo
Banc of California

SVP, Managing Director, Banker

Banc of California, Boston, Massachusetts, us, 02298

Save Job

SVP, Managing Director, Banker Job at

Banc of California

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. It offers a broad range of loan and deposit products and services, with full‑service branches throughout California and Denver, Colorado, as well as full‑stack payment processing solutions through BancEdge. 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.

TOGETHER WE WIN®

The Opportunity The SVP, Managing Director will be an integral senior contributor on the life sciences 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. Specific sectors of coverage include biotechnology, medical devices, healthcare services, specialty pharmaceuticals and digital health. 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 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. Performs all duties in accordance with the Company’s policies and procedures, U.S. state and federal laws and regulations, wherein the Company operates.

How You’ll Make a Difference

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 life sciences 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 life sciences 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

Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions

Demonstrate knowledge of and adherence to EEO policy; show respect and sensitivity for cultural differences; promote a working environment free of harassment of any type

Follow policies and procedures; complete tasks correctly and on time; support the company’s goals and values

Perform the position safely, without endangering the health or safety of themselves or others, in compliance with OSHA Act of 1970 and other applicable rules, regulations and orders

Perform other duties and projects as assigned

What You’ll Bring

Bachelor’s degree required or equivalent work experience

12+ years of venture banking and/or financial services 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

High school diploma or equivalent required

How We’ll Support You

Financial Security: You will be eligible to participate in the company’s 401(k) plan which includes a company match and immediate vesting

Health & Well‑Being: 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)

Building & Supporting Your Family: 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

Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off

Career Growth Opportunities: 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

Salary Range The base salary ultimately offered is determined through a review of education, industry experience, training, knowledge, skills, and abilities of the applicant in alignment with market data and other factors.

Equal Opportunity Employer 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 their actual or perceived race (including traits associated with race, such as hair texture, hair type or protective hairstyles), religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender, gender identity, gender expression, gender transitioning, citizenship status, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information, or disability (mental or physical), requests for accommodation and any additional protected categories set forth in applicable federal, state or local laws. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.

Seniority Level

Executive

Employment Type

Full‑time

Job Function

Other

Industries

Banking

#J-18808-Ljbffr