Career Opportunities

Connect with a
dynamic, growing team.
Connect with a dynamic, growing team.

Career Opportunities At Avidbank

Working at Avidbank you will find no two days alike. We are growing fast and are looking for like-minded individuals to join our team. We take pride in building long-lasting relationships with our clients, and we have lots of fun while doing so. We are advocates for our clients as well as our colleagues. Responsive, Collaborative & Accountable. We do what we say.

Below is a listing of current job openings along with all the details. To apply, click on the email link at the top of the job posting. Please be sure to attach your cover letter and resume.

Avidbank is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, gender expression, sexual orientation, national origin, genetic information, age, disability, veteran status or any other legally protected basis.

Portfolio Manager - Specialty Finance – San Francisco

Job Posting

Title: 

Portfolio Manager - Specialty Finance

Position Type:  

Full-Time

Location: 

San Francisco

Summary: 

Negotiates, underwrites and coordinates the closing of Specialty Finance credit products in compliance with the Bank's lending policies and procedures. Promotes business for the Bank by maintaining good client relations.

Essential Functions and Basic Duties:

  • Assists Business Development Officers and Relationship Managers in interviewing prospective applicants and requests specified information related to loan or credit applications; corresponds or re-interviews applicants to resolve questions regarding application information.
  • Analyzes market conditions to ensure proper underwriting standards and portfolio management is being maintained.
  • Performs pre-qualification assessment and analysis of financial condition and risk of financing requests within the framework of Bank credit culture and current economic and industry trends.
  • Gathers and analyzes all information necessary to present a financing request to senior management or Loan Committee for approval; meets with existing or potential clients; visits sites of loans; and negotiates loan terms and conditions.
  • Coordinates processing of approved loans; ensures loans are processed according to agreement and client needs, and conform to Bank lending policies; obtains sufficient information and/or documentation from clients; solves problems relative to processing and servicing of loans within his or her portfolio; and approves loan disbursements in accordance with agreements.
  • Ensures that credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
  • Ensures that certification or deletion of collateral is made by the appropriate personnel.
  • Negotiates along with the Business Development Officer or Relationship Manager, underwrites and processes renewals of credit facilities.
  • Approves loan payments, draws from lines of credit and fund transfers within specified limits.
  • Authorizes commitment, engagement, adverse action and decline letters.
  • Reviews NSF and overdraft reports for clients assigned within his or her portfolio; approves or declines such exceptions within established lending limits.
  • Performs other duties as necessary.

Qualifications and Desired Skills:

Understands government regulations with particular emphasis on the Bank Secrecy Act and related regulations, and the fact that compliance with BSA is an enterprise.

Experience Required:

  • At least three years Sponsor / Search Finance experience a plus.
  • Three years of experience in a financial institution/banking environment.

Assistant Vice President, Operations - Back Office Operatons – San Jose

Job Posting

Title: 

Assistant Vice President, Operations - Back Office Operatons

Position Type:  

Full-Time

Location: 

San Jose

Summary: 

The AVP, Operations employee is responsible for providing service and support to the Bank clients and staff. They provide leadership, training, and direction serving as a back-up to the VP, Operations.

Essential Functions and Basic Duties:

  • Provide support to the operations team.
  • Point of contact for escalation of issues.
  • Monitor daily operations to ensure processes are compliant with Bank policies and procedures.
  • Harmoniously works as part of a strong team by collaborating with the banking operations team.
  • Oversee the processing of centralized banking activities to ensure process, accuracy and accountability are followed.
  • Help to create and implement long-term business plan to ensure continuity of business operations in the long run.
  • Ensure client data is protected from the public and secured against fraud by enforcing access rights and Bank security policies.
  • Protect business operations from operational losses.
  • Back up for Client Service Representatives.
  • Knowledgeable and skilled in the areas of operations, and is expected to provide leadership, training and support to less experienced staff members.
  • May assist in branch operations, cash management, or for back up to other personnel.

Other Functions:

  • Processes client transactions as requested, ensuring that all necessary documents are properly authorized, in proper form, within authorized limits, and completed accurately.
  • Establishes proper identification of new clients and determines need and extent of reference investigation.
  • Cross-sells the Bank's other products and services, referring clients to appropriate staff as indicated.
  • Records, files, and updates client information, with appropriate verification.
  • Prepares wire transfers, incoming and outgoing, performs call backs (verbal confirmations).
  • Gathers data and processes various reports
  • Processes credit ratings, verifications of deposit, certifications, cash letter adjustments, and deposit slip corrections.
  • May prepare and research data for levies and garnishments.
  • Reconciles various daily account GL balancing.
  • Assists clients with debit card transaction research, including ordering new cards, and processing Regulation E claims.
  • Assists clients with Online Banking including, but not limited to, resetting passwords, bill pay, building users, assisting clients with troubleshooting, reviewing potential fraudulent transactions, processing check reorders, address changes, and secure messages, and ACH temporary increases and ACH End of Day files to Fed, and other functionality.
  • Assists clients with Mobile Banking and Mobile Remote Deposit Capture including, but not limited to, enrollment and basic functionality.
  • Assists with Remote Deposit Capture including, but not limited to, enrollment, reviewing deposits, resetting passwords, assisting clients with troubleshooting, and other basic functionality.
  • Attends and contributes to Operations and All Staff meetings held periodically.
  • Other duties as assigned by management.
  • Understands governmental regulations and assists management in ensuring compliance with applicable banking regulations, with particular emphasis on the Bank Secrecy Act. Other related compliance areas (as they pertain to Operations):
    • Expedited Funds Availability - Regulation CC
    • Red Flags - Identity Theft
    • Error Resolution - Regulation E
    • Reserve Requirements for Depository Institutions - Regulation D
    • Privacy of Consumer Financial Information - Regulation P/GLBA
    • Prohibition on Funding of Unlawful Internet Gambling - Regulation GG

Qualifications and Desired Skills:

  • Outstanding organizational skills
  • Effective oral and written communication skills
  • Proficient in Microsoft Office
  • Experience with FIS (Horizon), Q2, Fedline Advantage, preferred
  • Knowledge of Banking Regulations:
    • Electronic Banking (Reg E)
    • Deposit Regulations (Reg CC, D, DD)
    • AML/BSA

Experience Required:

Three or more years of Back Office operations experience with a financial institution.

Credit Analyst Interns – San Jose

Job Posting

Updated: April 21, 2021

Title: 

Credit Analyst Interns

Position Type:  

Full-Time

Location: 

San Jose

Summary: 

Credit Analyst Interns assist the lending function by gathering and analyzing credit information on current and potential borrowers, and determine credit risk for diversified types of loans

Essential Functions and Basic Duties:

  • Assists loan officers in writing loan requests and proposals.
  • Promotes quality client relations and refers clients tok appropriate staff for new services.
  • Assists loan officers in performing pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
    • Gathers data from clients and other sources.
    • Prepares spreadsheets and analyzes financial information including financial statements and tax returns.
    • Contacts clients for additional information and clarification of data.
    • Verifies pledged assets.
  • As instructed, compiles data from credit bureaus, conducts industry peer comparisons, and performs cash flow analysis and other related tasks.
  • Based on analysis, makes recommendation on loan structures and terms to loan officers and assists in the writing of financial analysis and reports.
  • Assists with loan processing and coordination.
  • Monitors loans and determines when updates to documentation, e.g., financial statements, are required. Informs loan officers and monitors accounts. Ensures that credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
  • Assists loan officers in verification of funds with mortgage companies and contractors.
  • Participates in the on-going computerization of the loan review function.
  • Assists in providing deposit and loan account ratings for loan officers.
  • Updates and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are taken.
  • Understands governmental regulations with particular emphasis on the Bank Secrecy Act and related regulations and the fact that compliance with BSA regulations is an enterprise responsibility.
  • May represent the Bank in various community, civic and community reinvestment functions to promote the Bank's image and develop additional business.
  • Performs other duties as required.

 

Qualifications and Desired Skills:

  • Undergraduate degree (or anticipated in a year) in business, finance/accounting, or related field.
  • Familiarity with financial statements and ability to analyze business and financial data.
  • Proficient in the use of personal computers and software programs, such as Excel and Word.
  • Familiarity with financial analysis and development of spreadsheets.
  • Good communication skills, both verbal and written.

Experience Required:

None.

Venture Lending - Credit Analyst – San Francisco, Los Angeles or Boston

Job Posting

Updated: February 4, 2021

Title: 

Venture Lending - Credit Analyst

Position Type:  

Full-Time

Location: 

San Francisco, Los Angeles or Boston

Summary: 

The fast growing and dynamic Avidbank Venture Lending team is focused on providing lending and banking services for early and growth stage, venture capital backed, innovation companies nationwide. The Credit Analyst or Senior Credit Analyst is responsible for spreading, managing and maintaining financial background information on present and prospective customers, and assists with underwriting analysis for the Relationship Managers. Position includes managing spread assignments, making financial analyses, and maintaining related records and files.

Essential Functions and Basic Duties:

  • Analyzes credit and collateral information to determine risk involved in lending money to clients.
  • Collects, organizes, analyzes company financials to ensure Bank compliance, and updates the Bank’s systems accordingly.
  • Works directly with clients to resolve compliance issues and operational inquiries.
  • Reviews client financials and performs sensitivity analysis to evaluate credit risk in connection with Bank structures.
  • Prepares in-depth reports providing plans of action based on qualitative and quantitative research.
  • Collaborates cross-functionally with Bank groups to execute treasury management products, foreign exchange instruments, derivatives as well as legal documents.
  • Produces loan packages for new and restructured loans.
  • Facilitates reporting and requests on behalf of the Bank with third parties, e.g., field auditors, appraisers, etc.
  • Monitors loan disbursements to ensure compliance with Bank regulations.
  • May conduct lien searches and other research.
  • Performs other duties as assigned.

 

Qualifications and Desired Skills:

  • Undergraduate degree in business, finance/accounting, or related field. 
  • Familiarity with financial statements and ability to analyze business and financial data.
  • Proficient in the use of personal computers and software programs, such as Excel and Word.
  • Familiar with financial analysis and development of spreadsheets.
  • Good communication skills, both verbal and written.

 

Experience Required:

1 year of related experience for Credit Analyst or 2 or more years related experience for Senior Credit Analyst.