SVP, Managing Director, Originator - Life Sciences Venture Banking in Northeast

Description

Pay or shift range: $174,000 USD to $291,500 USD

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, 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, Smart Street. 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.

At Banc of California, our success is powered by our people and a shared commitment to delivering meaningful results. We foster an environment where entrepreneurial thinking is encouraged, and accountability and operational excellence are expected. Our team members are empowered to take ownership, make informed decisions, and make a meaningful impact as the bank continues to grow and evolve. We are dedicated to supporting your growth and wellbeing through comprehensive benefits, robust development opportunities, and inclusive programs that enable you to perform at your best.

Together we win!

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 out standings 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, all U.S. state and federal laws and regulations, wherein the Company operates.

• Grow deposits, loan commitments, loan out standings 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

• Follow all established policies and procedures.

• Perform other duties and projects as assigned.

• Bachelor's degree…