Corporate Counsel

BANC OF CALIFORNIA AND YOUR CAREER

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 its subsidiary, Deepstack Technologies. 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

The Corporate Counsel will provide legal representation and support for a wide variety of legal and banking related topics under the direction of the SVP, Associate General Counsel of Banc of California (the “Bank”).  The position will largely support the Lending departments and other transactions of the Bank and is expected to be a strategic business partner in determining a proactive response to the business units.  As part of a smaller Legal department in a rapidly growing bank, the attorney will be expected to provide quick, concise and focused legal advice in a number of areas, and should demonstrate a willingness to face new legal issues outside of his or her core competence.  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

• Provide day-to-day legal advice to management and business units, including all community and specialty lending, loan operations, loan servicing, portfolio management, and credit. 
• Review, draft and negotiate loan documents, including loan and security agreements, promissory notes, deeds of trust, subordination agreements and guarantees.
• Review, draft, and negotiate a wide variety of vendor contracts and non-disclosure agreements, and create/maintain standardized forms.  
• Review and analyze entity formation and other organizational documents, such as operating agreements, bylaws, partnership agreements, resolutions, and court-issues documents.  Advising internal clients on organizational and officer authority-related issues, as well as signing authority.
• Oversee and manage outside counsel. 
• Work across business units and with all levels of management with support partners and business partners to identify and mitigate risk. 
• Develop and implement training for the business units to educate and create broader awareness and contextual perspective.  
• 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; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
• 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 conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.
• Performs other duties and projects as assigned. 

 

WHAT YOU’LL BRING

• Knowledge of lending and commercial contracts preferred.
• Understand the impact of various changes in contractual language.
• Excellent issue spotting, risk assessment and problem-solving skills. 
• Excellent organizational and time management skills.
• Proven analytical abilities and strong attention to detail.
• Exemplary motivation, enthusiasm, professionalism, and team skills.
• Intermediate skills in computer terminal and personal computer operation; mainframe computer system; word processing, spreadsheet, and specialty software programs.
• Intermediate typing skills to meet production needs of the position.
• Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
• Exceptional oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and employees.
• Ability to function well in a situation with ambiguous or generally-defined goals, issues and methods.
• Ability to be highly cooperate with others and responsive to the Bank's needs.
• Ability to deal with complex difficult problems involving multiple facets and variables in non-standardized situations. 
• Demonstrate knowledge of and adherence to all policies and procedures, including EEO policy; show respect and sensitivity for cultural differences; educate others on the value of diversity; promote a working environment free of harassment of any type; build a diverse workforce and support affirmative action.
• Juris Doctorate (J.D.) from an ABA accredited law school required.
• Two (2) to five (5) years of legal experience in vendor contracts, contract negotiations and/or lending transactions. 
• Active member of the State Bar of California required.
• Strong understanding of the interplay between legal and business risk.
• Experienced in topical issues of particular regulatory concern (e.g. Privacy/GLBA, TISA, EFTA, ECOA, TILA, RESPA, TCPA, FCRA, SCRA, UDAAP, etc.) preferred, but not 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.

 

SALARY RANGE

The full-time base salary range for this position is $84,000.00 - $125,000.00 a year. 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 age (40 and over), ancestry, color, religious creed (including religious dress and grooming practices), denial of Family and Medical Care Leave, disability (mental and physical) including HIV and AIDS, marital status, medical condition (cancer and genetic characteristics), genetic information, military and veteran status, national origin (including language use restrictions), race, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), gender, gender identity, gender expression, and sexual orientation. If you require reasonable accommodation as part of the application process, please contact Talent Acquisition.

Salary

• $84,000 - $125,000