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Pacific Western Bank Banker Fund Finance in Boston, Massachusetts

Overview

The incumbent supports business development efforts (Originations)byanalyzing, underwriting new Fund Finance lending opportunities and assisting in structuring and closing of new loans as well as transitioning loans to Portfolio Management. This role will work closely with senior Bankers on new transactions. They will also be a key part of business development efforts by attending market events and cultivating their own personal network in the Fund Finance ecosystem.There is a focus on credit analysis, credit application preparation and coordination with Portfolio Management.

Responsibilities

  • Join all calls with prospect from start to be up to speed on firm and deal.

  • Coordinate demo with GTM if needed.

  • Aggregate and review all fund documents required for EOI/CAR.

  • Prepare EOI with guidance of banker/CM.

  • Prepare CAR.

  • Engage appropriate CM.

  • Work with Client Services/Prospect to ensure relevant bank accounts set up.

  • Work with CM/loan closing/prospect to ensure all needed diligence and closing docs have been received.

  • Work with prospect on borrowing kit and determine advance needed at close.

  • Diligence (review sub docs, confirm service providers, LPs, etc.).

  • Prepare any needed change memos and portfolio duties to ensure efficient transition (if applicable).

  • Review LinkedIn, Axios, Pitchbook data and other resources to build targeted lead list.

  • Reach out to prospects to set meeting for banker when needed (usually on deals banker has no connectivity or small firms banker is not generally not focused on).

  • Manage pitch meeting scheduling and follow up (largely sending marketing collateral after meetings) where needed.

  • Work with GTM and client services to close deposit only opportunities.

  • Attend/organize local events to build network with LPs/GPs and/or service providers.

  • Perform other duties as assigned.

Qualifications

Required:

  • At least two years’ experience as a Venture Bank Portfolio Analyst or comparable experience at a financial institution, venture capital/private equity firm, business development, or in public accounting.

  • Bachelor’s degree or equivalent experience

  • Responsiveness, passion for excellent customer service. Willingness to go above and beyond.

  • Proven ability to underwrite well and independently.

  • Accuracy, attention to detail, strong organizational skills.

  • Excellent knowledge of Venture Bank compliance systems.

  • Team orientation

Preferred:

  • Master’s degree or higher

Physical Requirements:

  • Role requires sitting or standing in front of a computer monitor for prolonged periods of time in a fixed neck position.

  • Constant use of a computer or other office equipment resulting in repeating motions of the hands and wrists.

  • Light work that may include moving objects up to 20 pounds.

Job Locations US-MA-Boston

ID 2021-2208

Category Lending/Sales

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.

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