Oferta de trabajo: Investment Officer, Lender Finance

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

In the Lender Finance Group, we provide capital to investors and operators in the specialty finance space. We can analyze and lend against assets originated or acquired in almost any industry (e.g. consumer or commercial loans) with any underlying credit profile. Our book of clients ranges from family-owned 50-year-old brick-and-mortar businesses to hedge funds that are buying loans from new, online start-ups sponsored by sophisticated private equity investors. We were one of the early providers of capital to the fintech industry and continue to pursue opportunities in that space. Our bank’s yield goals encourage us to pursue opportunities where other financial institutions are not looking or cannot provide capital, creating a dynamic and creative work environment. Transactions generally range in size from $25MM to $150MM. The majority of our loans are asset-backed; however, we can pursue financings under almost any structural wrapper.

The Investment Officer position inside of LFG will provide an opportunity for an individual to immediately make an impact in the group. For example, compared to investment bank positions, you will actually be encouraged to interface with clients from day one and your input will be greatly valued and necessary for everyone to be successful. LFG currently only has a total of 10 front-end investment team members and the group deployed approximately $1 billion of capital in 2019 (i.e. everyone is needed for critical analysis and independent thought). Travel across the US and internationally will be required (10%-15%). We regularly compete and partner with investment banks, hedge funds, venture capitalists, private equity institutions, finance companies, and regional banks.

The goal for the group is to deploy as much safe capital as we can. In that effort, the Investment Officer will be responsible for analyzing, evaluating, structuring, underwriting, and closing potential lending opportunities. The Investment Officer position requires the ability to work independently with limited day-to-day supervision. We are interested in smart, hard- working, and creative candidates – a “perfectly applicable” background/training is not necessary to be successful in the group. 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 senior and unitranche financing requests to determine credit quality of opportunities and appropriate loan structures.

• Identify specific merits, risks, and mitigants for each transaction.

• Construct and maintain detailed financial models and develop sensitivity analyses.

• Generate internal approval memoranda and term sheets.

• Perform market, industry, and sponsor due diligence.

• Ensure business terms, concepts, and structure are accurately captured in loan documentation.

• Assist in all aspects of origination activity leading to the closing of new transactions.

• Involved with interviewing and hiring decisions.

• Prepare and deliver employee performance evaluations, goal planning, and counseling.

• Manage, support, coach and train staff.

• 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

• 5+ years’ experience in investment banking, structured lending, or specialty finance lending required

• Meaningful experience with financial modeling (lender/structured finance) preferred

• Bachelor’s Degree and/or relevant work experience or training

• MBA or Masters preferred

• Knowledge of multiple lending asset classes

• Advanced understanding of accounting and finance including financial statement analysis

• Proficient in Excel, Word, and PowerPoint

• Review and be knowledgeable of departmental and human resource’s policies & procedures

HOW WE’LL SUPPORT YOU

• 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 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.