AVP, Equipment Management

AVP, Equipment Management - Valuation Analyst

Banc of California, Inc. (NYSE: BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the “bank”). Banc of California is one of the nation’s premier relationship-based business banks focused on providing banking and treasury management services to small, middle-market, and venture-backed businesses. Banc of California offers a broad range of loan and deposit products and services, with full-service branches throughout California and Denver, Colorado, as well as full-stack payment processing solutions through Banc Edge.

The bank is committed to its local communities by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more.

At Banc of California, our success is driven by our people, and we take pride in fostering an environment where everyone can reach their full potential. We embrace a culture of empowerment, progressive thinking, and entrepreneurial spirit, ensuring our team members have an opportunity to make an impact and play an important role in the future of Banc of California. Our core values – Entrepreneurialism, Operational Excellence, and Superior Analytics – empower us in creating a dynamic and inclusive workplace.

We are committed to supporting your growth and well-being with comprehensive benefits, career development programs, a variety of employee resource groups, and more. TOGETHER WE WIN®

THE OPPORTUNITY

Banc of California is seeking a highly motivated, detail-oriented professional to join our 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. This position offers flexibility for remote work and requires the ability to work independently with limited supervision and to deliver accurate, well-supported equipment valuations and sound asset management decisions.

Responsibilities include equipment and industry research, residual valuation, portfolio management, and asset disposition. This role reports to the Equipment Management Manager. 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.
• Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.
• Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; promotes working environment free of harassment of any type.
• Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.
• Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe…