This job is closed
Applications are no longer available for this announcement. Explore current related opportunities below.
Job 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 is the parent company of Banc of California. As one of the nation’s premier relationship‑based business banks, we provide banking and treasury management services to small, middle market, and venture‑backed businesses. We offer a broad range of loan and deposit products and services through a network of full‑service branches and regional offices, as well as digital and nationwide capabilities. Our full‑service payment processing solutions are available to clients, and we serve the Community Association Management industry nationwide through our technology‑forward platform, SmartStreet™. Banc of California is committed to supporting local communities through the Banc of California Charitable Foundation and partnerships that promote financial literacy, job training, small business support, affordable housing, and more.
THE OPPORTUNITY
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 include biotechnology, medical devices, healthcare services, specialty pharmaceuticals, and digital health. The role requires delivering on budgeted financial performance for deposits, loan commitments, loan outstandings, and cross‑sales of related banking products while maintaining strong credit quality of the portfolio. The individual will self‑generate leads by calling 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 lead a new deal from origination to closing and present all aspects of a lending opportunity to the senior credit committee. All duties are performed in accordance with the Company’s policies, procedures, U.S. state and federal laws, and regulations in which the Company operates.
How You’ll Make a Difference
Grow deposits, loan commitments, loan outstandings, and non‑interest income to deliver on budgeted 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.
What You’ll Bring
Bachelor’s degree required or equivalent work experience.
12+ years of venture banking and/or financial services experience.
Creative and strategic thinker with excellent problem‑solving and organizational skills.
Ability to exhibit professionalism and a positive attitude under pressure.
Ability to work independently yet collaborate cross‑functionally in a team environment.
Superior oral and written communication skills.
Ability to handle multiple priorities, projects, and relationships simultaneously.
Proven success in managing client accounts.
High School diploma or equivalent required.
How We’ll Support You
Financial Security: Eligible to participate in the company’s 401(k) plan with a company match and immediate vesting.
Health & Well‑Being: 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.
Building & Supporting Your Family: Partners offer adoption, surrogacy, and fertility assistance, plus paid parental leave and family support solutions.
Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off.
Career Growth Opportunities: 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, and 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 race, religion, color, sex, gender identity, national origin, age, marital status, military or veteran status, disability, or any other protected category. If you require reasonable accommodation during the application process, please contact Talent Acquisition.
#J-18808-Ljbffr
Worksite address
boston, MA, 02298, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.