THE OPPORTUNITYBanc 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.
