Director, Compliance Support

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 Deposit Services team provides operational support to First Republic clients, both external and internal. We move quickly to serve our clients’ needs so that their financial transactions are handled with ease and efficiency. As ambassadors of First Republic’s high standard of extraordinary service, we are key drivers of the long-term relationships we build with our colleagues and clients.  In Deposit Services, we are committed to growing and evolving First Republic and its culture by attracting, retaining and supporting our most valuable resource: people.  Providing our clients with extraordinary service is our commitment; their satisfaction is our reward.

The Director, Compliance Support will implement and maintain a robust First line of defense compliance support function within Deposits, serving both Deposit Services and the Deposits Franchise.  As Director, Compliance Support you will have an exciting opportunity to build out this compliance support program and ensure that the various business functions throughout Deposits and Deposit Services remain in compliance with all regulatory requirements.  You will utilize strong strategic planning and leadership skills to drive the Compliance Support team in building out new processes/re-engineering existing processes, with the goal of ensuring that key Deposits functions have strong controls in place and adhere to Bank and regulatory guidelines.  Additionally, you will work collaboratively with key partners within Deposits and Bank-wide in order to manage the development and/or enhancement of both back-end and front-end processes and automation efforts. You will partner across various business groups to aid in the direct management of Deposits compliance, risk and quality control functions, with the end goal of mitigating/minimizing risk to the Department and Bank.

 What you’ll do as a Director, Compliance Support:

• This individual will work closely with the deposit compliance support team, ensuring that deadlines are met, and issues are effectively resolved in a timely manner.
• Support strategic initiatives of front-line compliance or operational process re-engineering and automation in order to more effectively meet regulatory requirements.
• Guide implementation of new regulations or changed, ensuring that appropriate project plans are in place, deadlines are met, and effective policies & procedures, training programs, and communication strategies are in place.
• Develop risk metrics to produce meaningful data and executive dashboard reporting, reflecting issues, trends, and overall effectiveness of program.
• Identify opportunities to improve efficiency, reduce risk, and improve quality, and make recommendations to management for related process improvements.
• Act as liaison with the Corporate Compliance team as well as internal/external audit groups, while providing subject matter expertise to the Deposits Franchise and Deposit Services.
• Perform duties and responsibilities specific to department functions and activities or as assigned by supervisor.
• Knowledge of deposit focused consumer protection regulations, (Regulation D, Regulation CC, Regulation E, Truth in Savings Regulation DD, Privacy Rules) UDAAP and Fair Lending, position will be instrumental in ensuring First Republic adheres to and complies with all applicable, federal and state laws, regulations and guidance.

What skills you will use as a Director, Compliance Support:

• Bachelor's Degree required.
• Must possess at least 3-4 years of experience in Compliance, Deposits, or other related functions at a bank or financial services institution.
• 2-3 years of leadership experience.
• Strong working knowledge of MS Word / MS Outlook / MS Visio / MS PowerPoint/ MS Excel.
• Experience with Deposit Customer Onboarding, IBS Insight, Customer Relationship Browser OnBase, Teller Insight and/or Governance Risk and Compliance (GRC) e.g. Archer applications a plus.
• Ability to operate efficiently in a fast-paced environment.
• Ability to learn quickly and manage multiple priorities simultaneously.
• Proven ability to work under pressure and meet strict deadlines.
• Ability to succeed in a team-oriented work environment.
• Able to quickly forge effective working relationships with a variety of personalities.
• Excellent verbal and written communication skills.
• Demonstrated skills in organization and strong attention to detail.
• Provides extraordinary service.
• Furthers 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.

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.