Associate - Lender Finance

Banc of California•Chevy Chase, MD

About The Position

The Associate in Banc of California’s Lender Finance Group analyzes, evaluates, underwrites, and helps structure and close potential real estate asset-based lending opportunities. Working independently with limited day-to-day supervision and in close partnership with Investment Officers on new transactions, the Associate focuses on valuation, financial analysis and modeling, research, site due diligence, and preparation of credit applications. The role also supports origination activity, transaction documentation, and closing, and requires compliance with company policies and applicable U.S. state and federal laws and regulations.

Requirements

Two to three years of experience in banking and/or financial services.
Two to three years of financial services experience focused on real estate, including appraisal, private equity, specialty finance, real estate finance, or investment banking.
Experience with real estate valuation and modeling.
Experience evaluating historical and projected property financial cash flows.
Strong analytical skills, including the ability to value underlying real estate assets and perform cash flow, real estate industry, and market analyses.
Ability to adapt to multiple real estate asset-based lending opportunities, including performing and non-performing assets.
Proficiency in Excel and Word.
Superior interpersonal skills and experience working with senior management and sophisticated sponsors.
Strong written and oral communication skills.
High school diploma or equivalent.

Nice To Haves

Three to five years of total experience.

Responsibilities

Evaluate transaction requests to assess opportunity quality and potential loan structures that maximize return on investment.
Value underlying real estate assets.
Identify each transaction’s merits, risks, and mitigants.
Build and maintain detailed real estate financial models and prepare sensitivity analyses around key economic drivers.
Prepare internal approval memoranda and draft term sheets.
Conduct industry, company, and market financial research and due diligence.
Travel throughout the United States to perform required site due diligence.
Support legal documentation and execution of new transactions.
Assist with all aspects of origination activity leading to the closing of new transactions.
Perform other duties and projects as assigned.

Benefits

401(k) plan with company match and immediate vesting.
Medical, dental, vision, AD&D, supplemental life, and long-term disability insurance.
Pre-tax Health Savings Account with employer contributions and pre-tax Flexible Spending Account.
Adoption, surrogacy, and fertility assistance.
Paid parental leave and family support solutions, including care options for family.
Paid vacation days, holidays, and volunteer time off for eligible team members.
Tuition reimbursement.
Annual mentorship program.
Leadership development resources.
Access to LinkedIn Learning.