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.

Assistant Vice President, Portfolio Manager – Any

Job Posting

Updated: February 6, 2023

Title: 

Assistant Vice President, Portfolio Manager

Position Type: 

Full-Time

Location: 

Any

Salary Range: 

$120,000 to $140,000 annual

FLSA: 

Exempt

Summary: 

Avidbank is a $2.1 billion commercial bank headquartered in San Jose, CA. 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 in commercial & industrial lending, technology and asset-based lending, specialty finance, and 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.

The AVP Portfolio Manager will be assigned to the Specialty Finance division and is primarily responsible for leading the underwriting and management of portfolio of credits with varying complexity. In addition to managing credit risk, the AVP Portfolio Manager will focus on excellent customer service to retain clients and find ways to grow the loan and deposit base of existing client relationships. The Portfolio Manager will also work to train and mentor junior staff as appropriate. Core lending products include cash flow term loans, asset-based lines of credit, and recurring revenue revolvers primarily utilized by sponsor-backed businesses for acquisition financing, debt refinance, recapitalizations, and working capital support. Job location is flexible with the possibility of fully remote.

Essential Functions and Basic Duties:

  • Monitors existing portfolio credits against reporting, financial, and Bank policies. Provides regular updates to relationship managers and credit admin.
  • Underwrites and coordinates the closing of Specialty Finance credit products in compliance with the Bank's lending policies and procedures.
  • Helps monitor and coach junior team members with respect to underwriting and portfolio management.
  • 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 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; negotiates loan terms and conditions.
  • Coordinates processing of approved loans; ensures loans are processed according to agreement, 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; approves loan disbursements in accordance with agreements.
  • Negotiates along with Business Development Officer or Relationship Manager, underwrites and processes renewals of credit facilities.
  • 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.
  • Understands 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.
  • Performs other duties as assigned.

Qualifications and Desired Skills:

  • Thorough understanding of financial services and banking products.
  • Strong underwriting and portfolio management skills.
  • Financial modeling experience and comfort.
  • Ability to manage complex credits and client relationships.
  • Background in cash flow lending for sponsor-backed borrows a plus.
  • Thrives in a dynamic and remote work environment.
  • Skilled communicator (written and verbal).
  • Strong ability to lead and motivate junior staff.
  • Ability to interpret financial data and reports and when necessary, recommend appropriate actions.
  • Ensures absolute confidentiality in all areas of responsibility.
  • Proactive attitude and resourcefulness.

Experience Required:

This level of knowledge is normally acquired through a Bachelor's degree along with at least 3+ years of experience. Qualified candidates with equivalent experience should apply.

Assistant Vice President, Executive Assistant to COO – San Jose

Job Posting

Updated: February 1, 2023

Title: 

Assistant Vice President, Executive Assistant to COO

Position Type: 

Full-Time

Location: 

San Jose

Salary Range: 

$80,000 to $120,000 annual

FLSA: 

Non-Exempt

Summary: 

Avidbank is a $2.1 billion commercial bank headquartered in San Jose, CA. 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 in commercial & industrial lending, technology and asset-based lending, specialty finance, and 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.

The ideal candidate will be experienced in handling a wide range of administrative support-related tasks and will be able to work independently with little to no supervision. The person must enjoy the administrative challenges of supporting an office of diverse people and programs.

The ability to interact with all levels of staff and management in a fast-paced environment, sometimes under pressure, remaining flexible, proactive, resourceful, and efficient, with a high degree of professionalism and confidentiality is crucial to this role.

Essential Functions and Basic Duties:

  • Maintain strict confidentiality of all records and data received and produced.
  • Work directly with the COO to support all aspects of their daily work routine.
  • Keep the COO advised of time-sensitive, priority issues to ensure appropriate follow-up.
  • Optimize travel logistics and meeting schedules to keep projects on track.
  • Coordinate calendaring with various parties to schedule meetings and events.
  • Provide coordination, monitoring, and communication of projects managed by the COO.
  • Liaise with Risk, Compliance, Operations, and IT teams for monthly, quarterly and annual reporting to the Board of Directors.
  • Draft, review, and send communications on behalf of the COO.
  • Compile and edit presentations, tables, and other documents.
  • Organize and prepare for meetings, including logistics.
  • Prepare, reconcile, and submit expense reports.
  • Maintain professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, and participating in professional societies.

 

Qualifications and Desired Skills:

  • Four-year degree or equivalent experience.
  • Strong work ethic, decision-making ability, high attention to detail, and exceptional organizational and problem-solving skills.
  • Proficient in using Microsoft Office software and programs.
  • Excellent time management skills with the ability to multi-task and prioritize work.
  • Confident written, verbal, and interpersonal communication skills.

Experience Required:

  • At least 5 years administrative support experience.
  • Prefer experience supporting C-Level Suite.

Credit Analyst Interns – San Jose

Job Posting

Updated: April 21, 2021

Title: 

Credit Analyst Interns

Position Type: 

Full-Time

Location: 

San Jose

Salary Range: 

$20.00 to $27.00 per hour

FLSA: 

Non-Exempt

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.