Director, Credit Risk

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 Audit, Risk, Compliance and Legal groups support First Republic’s business objectives by systematically improving the effectiveness of its risk management, control and governance processes. We own and administer these processes while educating our colleagues to best support them. Our mission is to promote a culture of compliance and to be the best partner we can to our business stakeholders.


As the Enterprise Risk Management (ERM) Director of Credit Risk, you will be an integral part of the ERM Credit Risk team in proactively identifying, assessing, measuring, monitoring, and mitigating credit and operational risks stemming from the Bank’s growing loan portfolio. You will engage with and influence lending teams and executive leadership on credit matters. Your intellectual curiosity will allow you to contribute to identifying and addressing emerging risks such as climate risk and ensuring risk awareness as the bank grows.  You and your team will actively engage with the Bank’s 3rd party loan review consultants and auditors throughout the year with regular reporting to the Bank’s Board Audit Committee. This position reports to the ERM Credit Risk Officer.


What you’ll do as Director, Credit Risk:


  • Supervise the Bank’s third-party loan review process including vendor selection, budget approval and monitoring, and vendor onboarding. Facilitate engagement between the vendor and Bank lending personnel to ensure timely completion of review work. Communicate review findings and monitor resolution of identified issues. Similarly, engage with the Bank’s external auditors (KPMG) and internal SOX team.
  • Collaborate with the Bank’s Chief Credit Officer, Credit Risk Officer, and Executive Loan Committee members to select and analyze loans with elevated risk. Flag risk concerns and escalate as appropriate.
  • Aggregate and summarize scope and results of analysis each quarter.
  • Contribute to an array of risk reporting for the Bank’s executive team and Board of Directors. Ensure consistency, accuracy and brevity in all reporting.
  • Play a leadership role in analyzing emerging and idiosyncratic credit risks including natural disasters (earthquake, hurricane, wildfire).
  • Provide leadership and effective challenge in risk processes including risk control self-assessments, risk inventory, changes to the Credit Risk Management Framework, Credit Policy and Lending Standards. Work with Credit Risk Officer to analyze data to establish and monitor credit-related Key Risk Indicators (“KRI”).
  • Interface with lending teams and loan operations to understand risks stemming from the lending process. Identify and escalate important risks and provide support and leadership to mitigation.
  • Supervise credit risk analyst(s) and provide rationale for increased staffing needs as the Bank grows.


Candidate must have exceptional interpersonal skills and the ability to work both independently and as a part of multiple teams. Discretion with highly confidential information is required.

  • Systems & Tools:
    • Microsoft Office (Excel, Word, PowerPoint)
  • Qualifications:
    • Bachelor’s degree
    • Excellent verbal and written skills
    • Team player
  • Provide extraordinary service to colleagues and clients
  • Further 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.
  • May be required to lift 25-50 lbs.

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.


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.


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.


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