SVP, Originator in Venture Technology

• Pay or shift range: $175,000 USD to $243,000 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.
• Full-Time
• Requisition #: SVPOR
  004865

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 and 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 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.

• Play an integral part in overall team and individual origination activities to appropriately grow on balance sheet deposits, loan commitments, loan out standings, 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…