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Pacific Western Bank SVP, Managing Director in Boston, Massachusetts

Overview

The SVP, Managing Director will be an integral senior contributor on the life sciences and/or technology venture banking originations team with key responsibilities including originating, structuring, negotiating and executing lending opportunities to early stage private and public companies in the healthcare industry. The SVP, Managing Director will be responsible to deliver on budgeted financial performance for deposits, loan commitments, loan outstandings and cross sales of related banking products and services, all while ensuring strong credit quality of the portfolio. The individual will have significant market visibility and will be expected to self-generate leads by calling on venture capital firms, venture backed life science and/or technology companies and other key contacts within the entrepreneurial ecosystem (CEOs, CFOs, Attorneys, Accountants, etc.). The SVP, Managing Director will be expected to identify, negotiate and present to senior credit committee all aspects of a lending opportunity with the ability to lead a new deal from origination to closing.

Responsibilities

  • Grow deposits, loan commitments, loan outstandings and non-interest income to deliver on budgeted performance for tracked KPI metrics

  • Collaborate with the portfolio team to actively manage the credit risk of the portfolio

  • Self-generate and identify high quality referrals that align with the credit and business profile of the Bank

  • Drive market presence and brand awareness through networking and hosting marketing events with key constituents within the venture community

  • Lead all aspects of deal sourcing, structuring, negotiating, underwriting, internal credit approvals, documentation and closing without assistance or further counsel

  • Collaborate within a small team environment

  • Involved with interviewing and hiring decisions

  • Prepare and deliver employee performance evaluations, goal planning and counseling

  • Manage, support, coach and train staff

  • Perform other duties as assigned.

Qualifications

Requirements:

  • Minimum of 12 years of venture banking and/or financial services experience

  • Bachelor’s degree or equivalent work experience

  • Creative and strategic thinker with excellent problem solving and organizational skills

  • Ability to exhibit professionalism and a positive attitude under pressure

  • Ability to work independently yet collaborate cross-functionally in a team environment

  • Superior oral and written communication skills

  • Ability to handle multiple priorities, projects and relationships simultaneously

  • Proven success in managing client accounts

  • Review and be knowledgeable of departmental and human resources policies and procedures

Job Locations US-MA-Boston

ID 2021-1838

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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