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Portfolio Analyst (Life Sciences)
Apply
$96k-136k (estimate)
Full Time 6 Days Ago
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Banc of California is Hiring a Portfolio Analyst (Life Sciences) Near Boston, MA

**Overview**

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 nations 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 through more than 70 full-service branches throughout California and in Denver, Colorado, and Durham, North Carolina, 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.

**Job Summary**

The Portfolio Analyst role is responsible for monitoring the performance of borrowers in the Venture Bank, interacting with clients, identifying deviations from expected performance, and raising credit concerns to the Portfolio Management team. The Portfolio Analyst is part of a Venture Banking business unit (Technology, Life Sciences or Fund Finance) and supports borrower relationships managed by that unit. The Portfolio Analyst should strive to understand the clients operating performance and needs, work to build strong relationships internally and externally, positively impact the borrowers experience with the Venture Bank and generally support the banks credit risk management efforts.

**Responsibilities**

Enter borrower data into systems and conduct financial analysis of credit and collateral.

Validate borrower compliance based on the Loan & Security Agreement and monitor compliance status.

Perform financial, operational, valuation, and transactional analyses.

Assist in underwriting modifications or renewals for borrowers and help prepare deals for credit committee.

Complete borrower risk assessments and assist in ensuring regulatory compliance.

Process loan transactions promptly, professionally and accurately and respond to borrower requests.

Maintain data integrity in internal bank systems related to financials or other key information.

Produce internal deliverables.

Collaborate with management teams of portfolio companies or investors to understand the borrowers performance and their financial and banking needs.

As assigned, travel to client sites and perform other duties.

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 Partner.

**Qualifications**

1-3 years related experience (banking, public accounting, financial services, venture capital, entrepreneurial ecosystem

Bachelors degree, preference for Bachelors degree in Business, Accounting, Finance, Economics,

Leadership or Entrepreneurship

Ability to analyze financial statements (profit and loss, balance sheet and cash flow statements)

Strong interpersonal, writing and oral communication and Analytical skills

Resourcefulness in problem-solving and completing in-depth industry and market analyses

Excellent time management, ability to multi-task in a fast-paced environment and balance priorities

Excellent attention to detail

Ability to interact with clients comfortably, professionally and discreetly

Above average knowledge of MS Word and Excel

Self-Starter

**Salary Range:** $64,084.80- 80,106.00 USD; Final salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with geographic/market data.

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**Job Locations** _US-MA-Boston | US-NC-Durham_

**ID** _2024-3653_

**Category** _Portfolio Management_

**Type** _Regular Full-Time_

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.

Job Summary

JOB TYPE

Full Time

SALARY

$96k-136k (estimate)

POST DATE

06/25/2024

EXPIRATION DATE

07/14/2024

WEBSITE

bancofcal.com

HEADQUARTERS

SAN MARCOS, CA

SIZE

500 - 1,000

FOUNDED

1941

CEO

STEPHEN MELLOS

REVENUE

$200M - $500M

INDUSTRY

Banking

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About Banc of California

Banc of California is Californias premier, relationship-focused, full-service business bank. Our depth of resources and financial strength allow us to adapt quickly and thoughtfully, delivering solutions to help our clients achieve their financial goals. Member FDIC. Equal Housing Lender. NMLS# 530611

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If you are interested in becoming a Portfolio Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Portfolio Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Portfolio Analyst jobs

Learn how to build a winning data analytics portfolio, even with no prior job experience.

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Portfolio analysts are typically required to have a bachelor’s degree in finance, economics, statistics or another closely related field. Many portfolio analysts choose to pursue a master’s degree in finance or a related field to increase their earning po

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Portfolio analysts typically receive on-the-job training after they are hired. This training may last for a few weeks to a few months and may include instruction on the company’s specific software and processes.

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Certifications are required to become a portfolio analyst, but they can help you become a more competitive candidate when applying for jobs.

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Join professional organizations or associations.

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Step 3: View the best colleges and universities for Portfolio Analyst.

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