VP, Business Development Officer, Small Business Lending

Company: Pacific Western Bank
Location: Denver
Posted on: February 21, 2025

Job Description:

VP, Business Development Officer, Small Business LendingJob Category: Sales WorkerPosted: February 12, 2025Full-TimeOn-siteSalary Range: $100,000 USD to $120,000 USDLocationsShowing 1 locationDescriptionBANC OF CALIFORNIA AND YOUR CAREERBanc 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. 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. 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, and more.THE OPPORTUNITYDuties shall include, but are not limited to, sourcing loan opportunities, negotiating and issuing term sheets, and assisting in the preparation of internal memoranda for deal approval. It will also be necessary to work with Underwriting to provide a clear understanding of the transaction structure as well as borrower expectations and business needs. 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

• Establishing new relationships and fostering existing relationships
• Self-sourcing new transactions; position does not receive internal branch referrals
• Assisting in the initial pre-screening, qualifying, and structuring of loan opportunities
• Ability to analyze business and personal federal tax returns including balance sheet and P&L
• Communicating with clients and contacts on a regular basis regarding deal status
• Working closely with Underwriting and Closing on establishing the proper structure and lending parameters of transactions
• Upholding organizational values and accepting responsibility for own actions
• Follows policies and procedures; completes tasks correctly and on time
• Performs the position safely, complying with occupational safety and health standards
• Performs other duties and projects as assignedWHAT YOU'LL BRING
  • Strong analytical, technical, and documentation skills, along with strong time management and organizational skills
  • Relationship-building capabilities; ability to work both independently and in a team environment
  • Experienced and knowledgeable in originating SBA 7a and SBA 504 loan products
  • Familiarity with Small Business Administration Standard Operating Procedures and eligibility requirements
  • Established referral network including business and real estate brokers, accountants, attorneys, and other commercial banking relationships
  • Ability to generate significant loan volume in immediate markets
  • Possesses credit skills sufficient to determine appropriate loan structure and assess credit risk of applicants
  • Ability to learn and embrace technology utilized in the origination process
  • Required: Minimum 10 years of experience in a commercial lending environment
  • Required: Bachelor's Degree or additional equivalent experience
  • Preferred: Bachelor's degree in finance or accountingHOW WE'LL SUPPORT YOU
    • Financial Security: You will be eligible to participate in a 401k plan with a match.
    • Health & Well-Being: We offer comprehensive insurance options including medical, dental, and vision.
    • Building & Supporting Your Family: Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance.
    • Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off.
    • Career Growth Opportunities: We offer tuition reimbursement, mentorship programs, and access to learning resources.SALARY RANGEThe base salary offered is determined through a review of education, industry experience, training, knowledge, skills, and abilities of the applicant.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 any protected status.
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Keywords: Pacific Western Bank, Denver , VP, Business Development Officer, Small Business Lending, Executive , Denver, Colorado