Paralegal

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

Responsible for providing support to lawyers in the Office of the General Counsel, with a focus of supporting the Venture Banking lending group. Engages in a wide variety of legal work requiring the ability to function as a liaison with other internal functional groups, and as a representative of the Office of the General Counsel with external parties. Under the direction of an attorney, may perform the following: providing general paralegal support for the technology, life sciences, and fund finance business units, conducting due diligence associated with the closing and renewal of secured lending transactions, filing security interests relating to existing and new loan customers, drafting loan documentation and correspondence, and otherwise assisting the Office of the General Counsel as needed. 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

• Draft amendments to loan and security agreements, waivers, corporate resolutions, and consent letters consistent with all credit approvals and Bank procedures.
• Draft ancillary documents such as subordination agreements, account control agreements,  notices of default, and payoff letters, consistent with all credit approvals and Bank procedures.
• Conduct due diligence through research and analysis, order UCC searches, IP searches and corporate good standing searches on existing and new loan customers of the Bank.
• Analyze and interpret search result findings, with ability to identify legal issues and provide assistance to resolve any issues.
• Analyze corporate formation documents, organizational charts, etc. of prospective borrowers and affiliated entities.
• File UCC financing statements and Intellectual Property Security Agreements as necessary to perfect the Bank’s security interest in assets of the Bank’s loan customers.
• Demonstrates awareness of secured lending law, with an ability to draft various loan documents, perform UCC and other due diligence searches (and analyze the search results), and file UCC financing statements and intellectual property security agreements.
• Functions as a liaison between business units and the Office of the General Counsel.
• Possesses a basic level of knowledge of specific area of law (e.g. Corporate, Employment or Civil Litigation).
• Works directly with in-house business personnel to track and coordinate work performed by outside counsel.
• Assists attorneys with basic regulatory research concerning commercial and lending transactions.
• Performs legal document management of NDAs, agreements, settlements, contracts, etc.
• Seeks to build relationships throughout the Company to become a resource for the Office of the General Counsel and internal clients, and have strong communication skills.
• Assists members of the Office of the General Counsel in gathering information, works with in-house business personnel to develop solutions for issues and to obtain information and guidance regarding materials and information.
• Is an active learner and understands the implications of new information for both current and future problem-solving and decision-making.
• Ensures that legal documents are properly formatted and thoroughly proofread for punctuation, spelling, and grammar to produce a finished product for review by the attorneys or senior personnel.
• Follows instructions for researching legal topics and communicates findings to requesting attorney or in-house business personnel.
• Provides support to the attorneys and other members of the group on basic legal issues, policies, and programs.
• Participates in ongoing projects, as needed and works with members of the Office of the General Counsel in order to achieve project goals.
• Possesses the ability to work efficiently and meet deadlines under the supervision of an attorney or in- house business personnel, including the ability to effectively prioritize among multiple projects.
• Follows instructions from senior personnel for reviewing, redacting and assembling documents; drafts basic correspondence, affidavits or certifications as needed.
• 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

• Associate's Degree required.
• ABA Accredited Paralegal certification required.
• 1+ years of experience in secured lending, mergers & acquisitions, or corporate transactional matters preferred.
• A minimum of 2-4 years of relevant work related experience consisting of a general paralegal background in banking and/or corporate law, bank operations, compliance, SEC reporting, or other related background.
• Ability to track and meet deadlines, manage multiple projects simultaneously, and adapt to fast paced, and ever changing needs and market demand associated with highly competitive lending atmosphere.
• Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
• 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.
• Demonstrated ability to work independently and quickly, while managing priorities and deadlines.
• Ability to work with general supervision while performing duties.

 

HOW WE’LL SUPPORT YOU

• Financial Security: You will be eligible to participate in a 401k plan in which the Bank will match 100% of the first 4% of your contributions, which is immediately vested.
• 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 $57,000.00 - 73,000.00 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

• $57,000 - $73,000