SVP, Originator in Venture Technology

Pacific Western Bank; New York (NY); On-site; USD 175,000 - 243,000; Full time

Benefits offered by this job

401(k) match

Comprehensive health benefits

Paid vacation and holidays

Tuition reimbursement

Mentorship program

LinkedIn Learning access

Job summary

Banc of California is seeking a Senior Vice President, Originator to develop new client relationships with venture-backed technology companies. The role centers on venture debt opportunities, managing origination efforts, and collaborating with VC portfolios to meet growth and credit targets.

You will market the Bank’s full product suite, lead deal sponsorship from underwriting to close, and work with the team to achieve budgeted financial goals while navigating regulatory requirements and risk

Qualifications

• Experience in venture technology banking and deal origination.
• Strong understanding of credit and regulatory requirements relevant to venture lending.
• Ability to develop and manage relationships with venture capital firms and growth tech companies.

Responsibilities

• Lead origination activities to grow deposits, loan commitments, and income while managing credit risk.
• Leverage networks to source high-quality loan opportunities and sponsor deals through underwriting and closing.
• Develop and maintain relationships with key ecosystem contacts and guide junior bankers.

Skills

Venture technology banking

Education

Bachelor’s Degree

High School diploma

Job description

New York, NY - 100 Park
100 Park Avenue, 29th Floor
New York, NY 10017, USA

New York, NY - 100 Park
100 Park Avenue, 29th Floor
New York, NY 10017, USA

Locations

Showing 1 location New York, NY - 100 Park
100 Park Avenue, 29th Floor
New York, NY 10017, USA
New York, NY - 100 Park
100 Park Avenue, 29th Floor
New York, NY 10017, USA
Boston, MA - Oliver
131 Oliver Street, Suite 250
Boston, MA 02110, USA
Boston, MA - Oliver
131 Oliver Street, Suite 250
Boston, MA 02110, USA
+1 more locationsless locations

• On-site
• 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.
• Customer-Facing & Banking Roles
• Full-Time
• Requisition #: SVPOR004865

Description

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.

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 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.

HOW YOU’LL MAKE A DIFFERENCE

• 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.

WHAT YOU’LL BRING

• 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

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 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.

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 t heir actual or perceived race (including traits associated with race, such as hair texture, hair type or protective hairstyles), religion or religious creed (including religious dress and grooming practices), color, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender, gender identity, gender expression, gender transitioning, citizenship status, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information, or disability (mental or physical), requests for accommodation and any additional protected categories set forth in applicable federal, state or local laws. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.

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Equal Opportunity Employer
This employer is required to notify all applicants of their rights