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Banc of California Portfolio Analyst, Tech in Durham, North Carolina

Description

BANC OF CALIFORNIA AND YOUR CAREER

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, with full-service branches throughout California and Denver, Colorado, 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.

At Banc of California, our success is driven by our people, and we take pride in fostering an environment where everyone can reach their full potential. We embrace a culture of empowerment, progressive thinking, and entrepreneurial spirit, ensuring our team members have an opportunity to make an impact and play an important role in the future of Banc of California. Our core values – Entrepreneurialism, Operational Excellence, and Superior Analytics – empower us in creating a dynamic and inclusive workplace. We are committed to supporting your growth and well-being with comprehensive benefits, career development programs, a variety of employee resource groups, and more. TOGETHER WE WIN®

THE OPPORTUNITY

The Portfolio Analyst role is responsible for monitoring the performance of borrowers in the Venture Bank, interacting with clients, identifying deviations from expected performance, and raising credit concerns to the Portfolio Management team. The Portfolio Analyst is part of a Venture Banking business unit (Technology, Life Sciences or Fund Finance) and supports borrower relationships managed by that unit. The Portfolio Analyst should strive to understand the client’s operating performance and needs, work to build strong relationships internally and externally, positively impact the borrower’s experience with the Venture Bank and generally support the bank’s credit risk management efforts. Performs all duties in accordance with the Company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

HOW YOU’LL MAKE A DIFFERENCE

  • Enter borrower data into systems and conduct financial analysis of credit and collateral.

  • Validate borrower compliance based on the Loan & Security Agreement and monitor compliance status.

  • Perform financial, operational, valuation, and transactional analyses.

  • Assist in underwriting modifications or renewals for borrowers and help prepare deals for credit committee.

  • Complete borrower risk assessments and assist in ensuring regulatory compliance.

  • Process loan transactions promptly, professionally and accurately and respond to borrower requests.

  • Maintain data integrity in internal bank systems related to financials or other key information.

  • Produce internal deliverables.

  • Collaborate with management teams of portfolio companies or investors to understand the borrower’s performance and their financial and banking needs.

  • As assigned, travel to client sites and perform other duties.

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

  • Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.

  • Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.

  • Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.

  • Performs other duties and projects as assigned.

WHAT YOU’LL BRING

  • 1-3 years related experience (banking, public accounting, financial services, venture capital, entrepreneurial ecosystem)

  • Bachelor’s degree, preference for Bachelor’s degree in Business, Accounting, Finance, Economics,

  • Leadership or Entrepreneurship

  • Ability to analyze financial statements (profit and loss, balance sheet and cash flow statements)

  • Strong interpersonal, writing and oral communication and Analytical skills

  • Resourcefulness in problem-solving and completing in-depth industry and market analyses

  • Excellent time management, ability to multi-task in a fast-paced environment and balance priorities

  • Excellent attention to detail

  • Ability to interact with clients comfortably, professionally and discreetly

  • Above average knowledge of MS Word and Excel

  • “Self-Starter”

HOW WE’LL SUPPORT YOU

  • Financial Security: You will be eligible to participate in a 401k plan in which the Bank will match 100% of the first 4% of your contributions, which is immediately vested.

  • 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 offeradoption, 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, abilities of the applicant in alignment with market data and other factors.

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.

Equal Opportunity Employer

PacWest 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.

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