SVP, Business Development Officer - Asset Based Lending (ABL)
Banc of CaliforniaChicago, Illinois, United States
Posted March 27, 2026
Full Time
About the Company
Banc of California is a bank holding company with over $34 billion in assets and the parent company of Banc of California.
Job Description
Banc of California seeks a SVP, Business Development Officer to source, develop, and close new small and middle market ABL deals in the US. The successful candidate will have 10+ years of experience in ABL transactions, a Bachelor's degree, and strong credit skills.
Requirements
- 10+ years of experience in sourcing Asset Based Lending (ABL) transactions
- Bachelor's Degree
- Proficient in ABL transactions with the ability to underwrite/structure deals as needed
- Possess credit skills to identify specific industry issues, understand the relationships between financial statement accounts and assess the eligibility requirements for both accounts receivable and inventory to quickly summarize the merits of a given deal
- Knowledgeable of corporate finance/development including mergers and acquisitions, private equity, business valuation, etc.
- Well organized and self-motivated to continue to build territory and referral base
- Develop the Group’s market brand awareness and positive reputation within the Region
- Follow all established policies and procedures
Benefits
- 401k plan with company match and immediate vesting
- 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)
- Paid vacation days, holidays, and volunteer time off
- Tuition reimbursement
- Annual mentorship program
- Leadership development resources
- Access to LinkedIn Learning