AVP, Equipment Management - Valuation Analyst

BANC OF CALIFORNIA AND YOUR CAREER

Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship-based business banks, providing banking and treasury management services to small, middle market, and venture backed businesses. As the largest independent bank headquartered in California, the bank offers a broad range of loan and deposit products and services through a network of full-service branches and regional offices, as well as through digital and nationwide capabilities. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide through its technology forward platform, SmartStreet™. Banc of California is committed to supporting its local communities through the Banc of California Charitable Foundation and by partnering with organizations that promote financial literacy, job training, small business support, affordable housing, and more.

At Banc of California, our success is powered by our people and a shared commitment to delivering meaningful results. We foster an environment where entrepreneurial thinking is encouraged, and accountability and operational excellence are expected. Our team members are empowered to take ownership, make informed decisions, and make a meaningful impact as the bank continues to grow and evolve. We are dedicated to supporting your growth and wellbeing through comprehensive benefits, robust development opportunities, and inclusive programs that enable you to perform at your best. Together we win!

THE OPPORTUNITY

Banc of California is seeking a highly motivated, detail-oriented professional to join the 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. Responsibilities include equipment and industry research, residual valuation, portfolio management, and asset disposition. 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.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

WHAT YOU’LL BRING

• Bachelor’s degree (BA/BS) or equivalent equipment management experience.
• Minimum 5+ years of hands-on asset management experience within a financial institution or operating lessor.
• 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.
• ASA (American Society of Appraisers) designation or active candidate status toward certification preferred.
• 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.

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.