Associate - Lender Finance

• Full-Time
• Requisition #: ASSOC
  005168

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, 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 OPPORTUNITY

The Associate in the Lender Finance Group analyzes, evaluates, underwrites, and assists in structuring and closing potential real estate asset-based lending opportunities. Working independently with limited day-to-day supervision and closely with Investment Officers on new transactions, the Associate focuses on valuation, financial analysis, modeling, research, site due diligence, and credit application preparation. 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

• Evaluate transaction requests to determine the quality of each opportunity and potential loan structure to maximize return on investment.
• Perform valuations of underlying real estate assets.
• Identify the specific merits, risks, and mitigants associated with each transaction.
• Construct and maintain detailed real estate financial models and develop sensitivity analyses around key economic drivers.
• Generate internal approval memoranda and draft term sheets.
• Perform industry, company, and market financial research and due diligence.
• Travel to locations throughout the United States to perform required site due diligence.
• Support the legal documentation and execution of new transactions.
• Assist in all aspects of origination activity leading to the closing of new transactions.
• Perform other duties and projects as assigned.

WHAT YOU’LL BRING

• Two to three years of experience in the banking and/or financial services industry required.
• Three to five years of total experience preferred, with two to three years required, in the financial services sector with a focus on real estate, including appraisal, private equity, specialty finance, real estate finance, or investment banking.
• Experience with real estate valuation and modeling.
• Experience evaluating a property’s historical and projected financial cash flows.
• Strong analytical skills, including the ability to value underlying real estate assets and…