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Pacific Western Bank

AVP, Equipment Management - Valuation Analyst

Pacific Western Bank, Los Angeles, California, United States, 90079

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AVP, Equipment Management - Valuation Analyst

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 nation’s 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, with full-service branches throughout California and Denver, Colorado, as well as full-stack payment processing solutions through BancEdge. 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. We embrace a culture of empowerment, progressive thinking, and entrepreneurial spirit, ensuring our team members have an opportunity to make an impact and play an important role in the future of Banc of California. 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, a variety of employee resource groups, and more. TOGETHER WE WIN® THE OPPORTUNITY Banc of California is seeking a highly motivated, detail-oriented professional to join our Equipment Management team within the Equipment Finance Division. The role supports new business volume and profitability goals by providing independent valuation analysis, asset insight, and portfolio management expertise. This position offers flexibility for remote work and requires the ability to work independently with limited supervision and to deliver accurate, well-supported equipment valuations and sound asset management decisions. Responsibilities include equipment and industry research, residual valuation, portfolio management, and asset disposition. This role reports to the Equipment Management Manager. 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 Conduct equipment research and analysis to develop reliable residual and collateral value assessments for proposed transactions. Prepare written valuation reports and conclusions suitable for internal credit and approval review. Analyze market data and industry trends to support valuation, residual, and underwriting decisions. Monitor asset performance and residual exposure across assigned portfolios to ensure accuracy and soundness. Manage the return, storage, inspection, repair, marketing, and sale of off-lease equipment. Maximize portfolio value through remarketing, renewal, and early termination opportunities. Establish and maintain relationships with external appraisers, remarketers, and other industry partners. Coordinate with internal stakeholders to ensure alignment between valuation assumptions, credit policy, and lease documentation standards. Deliver timely and accurate valuation updates, portfolio reviews, and asset related reporting for management. Maintain professional competence through continued education and industry training. Ensure compliance with departmental policies, procedures, and audit standards. Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions. Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; promotes working environment free of harassment of any type. Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values. Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct. Performs other duties and projects as assigned WHAT YOU’LL BRING Minimum 5+ years of hands‑on asset management experience within a financial institution or operating lessor. ASA (American Society of Appraisers) designation or active candidate status toward certification preferred. Proven expertise and knowledge across a wide range of equipment types and lease structures. Strong analytical and organizational skills with close attention to detail and accuracy. Effective written and verbal communication skills, including the ability to present valuation conclusions clearly and persuasively. Proficiency with financial calculators and software such as Supertrump, TValue, and Microsoft Office. Self‑motivated, results‑driven, and capable of managing multiple priorities in a fast‑paced environment. 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 their 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. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.

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