SVP, Originator - Venture Technology in Silicon Valley

Banc of California • Menlo Park, CA

1d

About The Position

BANC OF CALIFORNIA AND YOUR CAREER Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship-based business banks, providing banking and treasury management services to small, middle market, and venture backed businesses. As the largest independent bank headquartered in California, the bank offers a broad range of loan and deposit products and services through a network of full-service branches and regional offices, as well as through digital and nationwide capabilities. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide through its technology forward platform, SmartStreet™. Banc of California is committed to supporting its local communities through the Banc of California Charitable Foundation and by partnering with organizations that promote financial literacy, job training, small business support, affordable housing, and more. THE OPPORTUNITY The Senior Vice President, Originator is primarily accountable for developing new client relationships with ventured-backed technology companies, leading originations efforts with venture capital firms and their portfolios and structuring appropriate debt financing. The SVP and their team will also support existing client needs as appropriate. The SVP, Originator will have the ability to sell all products offered by the Bank while focusing on venture debt opportunities and know when to call upon their specialist support experts for added help. They will help the team with marketing events and will work with the team to reach budgeted financial goals. The SVP will work to market the Bank and develop relationships with venture capital firms, growth equity firms and venture-backed technology companies, and other key contacts within the entrepreneurial ecosystem. 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.

Requirements

• 8+ years of venture technology innovation banking is required
• Bachelor’s Degree and/or relevant work experience or training
• 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)
• High School diploma or equivalent required

Responsibilities

• Play an integral part in overall team and individual origination activities to appropriately grow on balance sheet deposits, loan commitments, loan outstandings, and non-interest income, all while effectively managing the credit risk of both new and recently boarded credits.
• Leverage an existing personal network of venture capital, growth equity, private equity firms, and entrepreneurial ecosystem contacts to self-generate new loan clients.
• Own the primary day to day relationships with key contacts in your given ecosystem.
• Source high quality deals and sponsor the deals through underwriting, structuring and credit committee process and closing
• Assist portfolio team in managing existing relationships and adding value to the relationships.
• Assist portfolio team in adding loans, deposits and GTM products to existing relationships.
• Manage documentation, negotiating terms, and closing credit requests with limited assistance or counsel.
• Adhere to all corporate compliance and regulatory needs including but not limited to all compliance training, Reg B, NOD, CDD, etc.
• Assist in developing less experienced Bankers and Analysts in your area of influence.
• Involved with interviewing and hiring decisions.
• Prepare and deliver employee performance evaluations, goal planning, and counseling.
• Manage, support, coach and train employees.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

Benefits

• Financial Security: You will be eligible to participate in the company’s 401k 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees