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
First Republic Investment Management (“FRIM”) is a RIA with an affiliated Broker Dealer (First Republic Securities Company, LLC, “FRSC”) and a wholly owned subsidiary of First Republic Bank. The Compliance Officer will be part of the Alternative Investments Compliance Team, which provides advice and guidance to business partners regarding the applicability of rules, regulations, controls, and policies and procedures as they pertain to alternative investments under FRIM’s private fund platform.
Brief Description of Role:
FRIM’s private fund platform includes (1) FRIM’s proprietary “Eagle” private funds, which are generally structured as “feeder funds” (aka funds-of-funds) that invest in private funds managed by third-party investment advisers and (2) private funds managed directly by third-party investment advisers, where FRIM advisory clients make investments directly in the funds. The Compliance Officer will be responsible and accountable for providing leadership in the day-to-day compliance support of our alternative investments business and supporting all compliance aspects of FRIM‘s advisory activities related to private funds. As FRSC acts as placement agent to private investment funds that are advised by FRIM, the Compliance Officer will also work with the FRSC Compliance Team to monitor FRSC placement agent activities. Compliance functions will generally include compliance monitoring and testing in relation to the alternative investments business, policy and procedure maintenance, risk management, due diligence, regulatory filings, reviews of marketing documents, and service provider oversight. The Compliance Officer will be responsible for compliance monitoring under the enterprise-wide Volcker compliance program. The Compliance Officer will also participate in a number of internal committees, interact with senior business leaders, and assist with internal and external audits and exams.
The ideal candidate will have previous senior compliance experience within a high-touch/high-client-experience-expectation organization, at an alternative investment fund (private equity or hedge).
What you'll do as a Director, Alternative Investments Compliance:
You could be a great fit if you have:
We believe that a diverse range of backgrounds and ideas has and will continue to be fundamental to the future success of First Republic.
If you are curious to learn more about this opportunity, we'd love to hear from you.
Own your work and your career — apply now
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.
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.
For New York City-based roles: Mayor Bill de Blasio announced that, effective December 27, 2021, all private sector employers?in New York City will be required to ensure that their employees are vaccinated against COVID-19 to attend work in the office. Reasonable Medical or Religious Accommodations may be requested if applicable to you. Please view New York’s Guidance on Accommodations for Workers for more information.