Career Opportunities

The CRE Loan Assistant (CRELA) manages, tracks, and archives all financial reporting compliance for the Commercial Real Estate Lending Division's clients in concordance with their Credit Authorization/Loan Documents; contacts clients for upcoming and past due reporting, or missing required items within their submissions; alerts Relationship Manager if reporting is delayed, or client becomes unresponsive; and updates all internal systems with reporting compliance. CRELA reports to the EPV on a regular basis to review progress on program implementation and assist with establishing improvements, revisions, and updates to the plan.

The CRELA is responsible for all elements of compliance as outlined in the Reporting section of the Credit Authorization to ensure all required reporting is accounted for in the portfolio tracker. CRELA is also responsible for coordinating and managing all other appropriate information for the portfolio reviews for the Commercial Real Estate Lending Division.

Essential Functions and Basic Duties:

• Monitor reporting compliance of all clients to ensure receipt of on-time submissions, reports still outstanding, and reporting covenant defaults.
• Archive all reporting compliance and email correspondence with clients.
• Update portfolio review and any other internal systems to monitor and track bi-monthly, monthly, quarterly, and annual reporting.
• Track reporting compliance variances for all clients within the group (i.e., changes to DCR covenant).
• Work closely with the Executive Vice President (EVP), Relationship Managers (RMs), and Credit Analysts (CAs) in overseeing reporting compliance agreements, policies, and procedures; report via email to RMs/CAs, alerts of default and other pertinent information.
• Understand government regulations with particular emphasis on the Bank Secrecy Act and related regulations, and the fact that compliance with BSA regulations is an enterprise responsibility.
• Other duties as assigned (i.e., spread existing companies' financials, follow up on reporting; contact clients for necessary compliance documentation, Term Loan Review preparation, Annual Loan and/or ACH/RDC Renewal Preparation; DCR Calculations, among other administrative duties as assigned).

Qualifications and Desired Skills:

• Responsive, Collaborative, and Accountable
• Attention to Detail
• Excellent Multi-tasking/Time Management, Sense of Urgency skills
• Great Organizational skills
• Ability to Report, Write/Prepare Reports as needed

Experience Required:

• Bachelor's degree or equivalent
• Administrative experience
• Loan Operations experience

Avidbank is a $2.1 billion commercial bank based in Silicon Valley serving the San Francisco Bay Area and beyond. We are a highly responsive business bank, providing tailored financial solutions. We are advocates for our clients and specialize in providing innovative banking products and supportive services that exceed our clients' expectations.

Founded in 2003, we specialize is commercial and industrial lending, technology and asset-based lending, specialty finance, real estate construction and commercial real estate lending. We have one branch in San Jose along with loan production offices in Redwood City and San Francisco.

Avidbank is looking for an experienced finance professional to serve as Treasurer of the Bank. This individual will work with the CFO and other finance staff to build the Treasury function at the Bank. While all candidates will be considered, candidates living in or around the San Jose and San Francisco areas are highly encouraged to apply.

Essential Functions and Basic Duties:

• Overall responsibility for the Asset/Liability Management of the Bank.
• Management of the investment portfolio including the purchase and sales of investment securities and pledging activities.
• Management of interest rate risk modeling and forecasting along with establishing proper policy guidelines.
• Partner with finance staff on liquidity and funding management.
• Key resource for bankers regarding loan and deposit pricing.
• Ensure compliance with regulatory requirements surrounding liquidity, interest rate risk, securities portfolio, etc., including proactive assessment of new regulations.

Qualifications and Desired Skills:

• Undergraduate degree preferably in Accounting, Finance or Economics.
• A deep understanding of a bank investment portfolio to include mortgage-backed securities and municipal bonds.

Experience Required:

• 5+ years of experience as a treasury professional with community or commercial bank.
• Experience in interest rate risk and liquidity management.
• Experience with establishing loan and deposit pricing policies and guidelines.

The Credit Analyst Intern 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:

• Monitor financial performance and covenant compliance for CRE portfolio.
• Analyze financial statements and credit profiles of CRE investors/properties.
• Support deal team in business/industry/financial due diligence and develop detailed financial models.
• Prepare credit memoranda for Avidbank's credit committee.
• Support Senior Bankers in deal screening and transaction diligence.

Qualifications and Desired Skills:

• Undergraduate degree demonstrating strong academic performance.
• Strong attention to detail and intellectual curiosity.
• Strong understanding of Microsoft Office including Excel, Word, PowerPoint, etc.
• Ability to take ownership of simultaneous assignments and produce results in time-sensitive circumstances.
• Ability to work collaboratively with members of the deal team and with third party constituencies.
• Ability to analyze data to support and improve business decisions.
• Responsive/strong customer service.

Experience Required:

• Degree with emphasis on finance, accounting, economics, mathematics, or technical field.
• Interest or experience in commercial real estate finance, development, investing.

Avidbank's Venture Lending division provides a comprehensive suite of banking and financing solutions to technology sector entrepreneurs and their investors. With offices located in key innovation hubs nationwide, Avidbank is known for exceptional client service and innovative banking products, as well as collaborative debt solutions.

Essential Functions and Basic Duties:

• Manage assigned portfolio of borrowing relationships, reviewing information, evaluating risk, and engaging with clients, building relationships with appropriate stakeholders. Communicate internally to recommend and execute on responses to changing situations for clients / across the portfolio broadly. Ensure that portfolio management practices meet Avidbank standards.
• Negotiate, underwrite and coordinate the closing of Venture Lending credit products in compliance with the Bank's lending policies and procedures.
• Assist Business Development Officers and Senior Relationship Managers in interviewing prospective applicants and request specified information related to loan or credit application; correspond or re-interview applicants to resolve questions regarding application information.
• Analyze market conditions to ensure proper underwriting standards and portfolio management are maintained.
• Perform pre-qualification assessments and analyses of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
• Conduct relevant due diligence interviews or calls with venture capital and Private Equity investors.
• Gather and analyze all information necessary to present a financing request to senior management or Loan Committee for approval; meets with existing or potential clients; visit sites of loans; negotiate loan terms and conditions.
• Coordinate processing of approved loans according to agreed terms, client needs  and conform to Bank lending policies; obtain sufficient information and/or documents from clients; solve problems relative to processing and servicing of loans within his or her portfolio; approve loan disbursements in accordance with agreements.
• Negotiate along with Business Development Officer or Senior Relationship Manager, underwrite and process renewals of credit facilities.
• Review monthly financial reporting, borrowing bases, and compliance certificates to assess compliance with credit agreements.
• Develop and demonstrate subject matter expertise within the team including market, sector and competitive trends, business models, lending models, and make the group more scalable through optimizing how we conduct business and manage the portfolio.
• Perform other duties as assigned.

Qualifications and Desired Skills:

• Thorough understanding of financial services and banking products.
• Strong underwriting and portfolio management skills.
• Ability to manage complex credits and client relationships.
• Ability to interpret financial data and reports and when necessary, recommend appropriate actions.
• Background in venture lending a plus.
• Results driven.
• Thrives in a dynamic environment and has a keen sense of urgency.
• Skilled communicator.

Experience Required:

The optimal candidate will have at least a Bachelor's degree along with at least 5 years of experience.

Qualified candidates with equivalent experience should apply.

Avidbank's Venture Lending division provides a comprehensive suite of banking and financing solutions to technology sector entrepreneurs and their investors. With offices located in key innovation hubs nationwide, Avidbank is known for exceptional client service and innovative banking products, as well as collaborative debt solutions.

We are seeking a highly motivated and well-networked professional to join our fast-growing organization. The Senior Vice President will champion deals from initial contact to funding and play a critical role throughout the entire lending process at Avidbank. The Senior Vice President will be at the forefront of our success and will manage relationships with key stakeholders throughout the Venture ecosystem including clients, venture capital firms, and other key referral sources.

Essential Functions and Basic Duties:

New Business Development:

• Establish/maintain relationships with technology bankers, venture capital firms, and private equity firms, as well as venture capital and private equity-backed technology companies.
• Identify potential new banking prospects, perform initial review of business opportunities and present viable opportunities to the Credit Committee for consideration.
• Evaluate potential lending opportunities including initial prospect interviews, modeling of financial information, and evaluation of market opportunities.

Due Diligence:

• Assist the banking team with research, conduct interviews of company management, financial sponsors, industry participants, and the company's customers/clients.
• Serve as the primary interface and deal "champion" for the company's management.
• Assist in drafting and then negotiating term sheets with prospective portfolio company management or venture capital investors to finalize a signed term sheet.
• Assist the banking team with the drafting of deal memos for initial approval, and with Credit Action packages for final Credit Committee review and approval.

Portfolio Management:

• Assist the banking team and Bank's counsel to draft and negotiate loan documentation.
• Assist the banking team with ongoing portfolio and relationship management.

Qualifications and Desired Skills:

• Exceptional analytical, communication, and presentations skills; demonstrated ability to be a self-starter and independent thinker.
• Strong team player with ability to collaborate with cross-functional teams and focus on achieving company goals.
• Entrepreneurial and competitive spirit with the strong desire to build a network, brand, and team.
• Proficiency with Microsoft Office (Word, Excel, PowerPoint, Outlook) required; experience with Salesforce.com is a plus.

Experience Required:

• 10+ years' experience in venture banking, venture capital, private equity, or leveraged finance with a technology industry focus.
• Ideal candidate will have previous experience in a senior banker role where they have sponsored deals throughout the lifecycle (origination, deal structuring, committee approval, portfolio management, etc.).
• Ideal candidate will possess a robust network of contacts within the venture capital ecosystem.
• Experience in structuring venture debt and working capital financings.

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.

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.

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.