Senior Business Development Finance Manager
1 week ago
Banc of California is a bank holding company with a focus on relationship-based business banking. Our success is driven by our people, and we foster an environment where everyone can reach their full potential.
About the RoleWe are seeking a highly experienced Senior Business Development Finance Manager to join our team. As a key member of our organization, you will be responsible for providing financial analysis and guidance to clients in the ABL credit space.
Key Responsibilities:
- Provide financial analysis and guidance to clients in the ABL credit space.
- Evaluate credit requests for changes in existing credits.
- Prepare collateral and financial analysis for existing credits.
- Perform quantitative and qualitative analysis of accounts receivable, inventory, term assets, and accounts payable.
- Underwrite changes to existing credits and determine loan structures and covenants.
- Recommend credit actions and prepare the Credit Approval Memorandum.
Requirements:
- Bachelor's degree preferred and 7+ years of related work experience.
- Expert understanding of financial accounting knowledge.
- Financial analysis experience for business financial statements, individual's financial statements, and tax returns.
- Knowledge in lending, specifically ABL and collateral analysis.
- Exposures to syndicated credits as a participant and agent.
Benefits:
- 401k plan with 100% match of the first 4% of contributions.
- Comprehensive insurance options, including medical, dental, vision, and AD&D.
- Adoption, surrogacy, and fertility assistance.
- Paid parental leave and family support solutions.
- Paid vacation days, holidays, and volunteer time off.
- Tuition reimbursement, mentorship program, and leadership development resources.
The estimated salary for this position is $120,000 - $150,000 per year, depending on experience.
This role is based in the Los Angeles area and requires the ability to work in an office environment.
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