SBA Director

ID
2020-10454
Job Locations
US-CA-San Francisco

 

At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued here. 

 

Incredible teams doing exceptional work, every day

The Credit Approval & Administration team provides education, guidance, and best practices related to First Republic’s credit culture and policy.  Our team includes members of the Executive Loan Committee and Credit Administration who approve and monitor loans in accordance with our credit culture and policy.

 

First Republic Bank is seeking to fill a leadership position of SBA Director to oversee its Paycheck Protection Program (PPP) Loan Portfolio. 

 

The SBA Director will be point person working with the SBA, as it defines its processes for approving ownership changes, loan modifications, other evolving guidelines, and actual repayment under its guarantee. The Director will be charged with making these processes better defined and more efficient.  The Director would also coordinate relationships with lending partners for any new, second loans for PPP borrowers, any future direct loans made by the Bank, and loan modifications after the Forgiveness Phase of the PPP.   

 

In this position, the Director would work closely with Executive Loan Committee members, the Head of Credit Administration, the Head of Business Banking, Legal counsel, bankers, clients, and the SBA to ensure excellent credit quality and client service.

 

What you’ll do as a SBA Director:

  • Deliver exceptional service to existing clients by:
    • Collaborating with bankers, credit approvers and legal counsel to provide solutions for clients while protecting the bank.
    • Serving as the principal point of contact for, and developing a strong, positive relationship with, the SBA.
    • Serving as a Subject Matter Expert on all SBA Section 7(a) loan products and related Standard Operating Procedures for loan servicing and reporting.
    • Developing partnerships with other SBA lenders so as to meet client needs.
    • Developing and managing client relationships with a particular emphasis on educating clients about SBA/PPP requirements.
    • Adhering to the Bank’s credit and profitability standards and policies.
    • Assisting with processing and management of all loans originated under the PPP program.
    • Ensuring SBA loan packages are processed in accordance with regulations and program requirements.
  • Demonstrate a strong understanding of credit and legal issues related to the PPP program.
  • Possess working knowledge of all Bank deposit and credit products and business verticals.
  • Participate in training sessions, as assigned, and seek out training that will improve skills in SBA and other government-guaranteed lending, credit analysis, etc.
  • Communicate effectively with Head of Credit Administration and Head of Business Banking to provide regulatory and/or programmatic updates related to PPP and other 7(a) products.
  • Ability to manage and escalate multiple issues and concerns, often under time constraint.

 

 

You could be a great fit if you have:

  • A bachelor’s degree, along with at least seven to ten years of industry background within the small business and middle market sectors
  • Experience with SBA lending is strongly preferred
  • Thorough knowledge of all aspects of business/commercial banking (e.g., credit and depository products; BSA and compliance-related regulations)
  • Excellent written, verbal and interpersonal communication skills
  • A high degree of self-motivation with an entrepreneurial spirit and a passion for growing a business in a team environment
  • An orientation toward being a team player and providing extraordinary service while furthering the First Republic Bank culture and values.

 

Job Demands:

  • Must be able to review and analyze data reports and manuals; must be computer proficient.
  • Must be able to communicate effectively via telephone and in person.
  • Must be able to travel as position requires.

 

Own your work and your career - apply now

Are you willing to take initiative and make decisions? Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career? If so, then come join us.

 

We want hard working team players. You’ll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability—that’s the First Republic way. Come join us!

 

This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization. The Company is an equal opportunity employer. In this regard, the Company makes reasonable accommodations for qualified applicants and employees with disabilities in order to enable them to perform all essential job functions, unless doing so creates an undue hardship.

 

First Republic is subject to federal laws that restrict the employment of individuals with certain types of criminal histories, including FDIA Section 19 and FINRA. To the extent not inconsistent with our obligations under those federal laws and regulations, First Republic will consider qualified candidates with criminal histories in a manner consistent with the Los Angeles and San Francisco ban-the-box laws.

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