Business Analyst, Bank Operations

ID
2022-16246
Job Locations
US-CA-San Francisco | US-NY-New York | US-FL-Boca Raton | US-CA-Newport Beach
Category
Deposit Services

 

At First Republic, we care about our people. We offer extraordinary client service in private banking, private business banking, and private wealth management. Founded in 1985, 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 at First Republic. 

 

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 Business Analyst will interact between the business users and the technical organization involved in planning, conducting, and directing the analysis of complex business problems. The Business Analyst supports multiple lines of businesses on projects building and improving the data infrastructure around loans and deposits. They build technical specifications that ensures the business receives the right data sets for analytics, internal and external reporting.

 

What you’ll do as a Business Analyst: 

  • Serve as an SME for IBS Core banking system
  • Utilize an operational mind set to conduct research in resolving problems, initiating corrective actions reducing risks, and following through to ensure client’s satisfaction.
  • Provide leadership in a collaborative working environment, help in establishing and maintaining policies and procedures relative to a department’s function, engagement with testing of system updates, enhancements, conversions, and process improvements.
  • Be familiar with Trust Operations OR FX Operations OR General Bank Operations in performing and coordinating inter-departmental projects. Conducts research and analysis, recommends alternatives, develops task plans, and ensures implementation. Attends ongoing product training, maintains, and develops personal and technical skills relative to the position.
  • Foster strong, healthy working relationships with leaders within departments, internal support departments, and third-party services.
  • Pro-actively address obstacles to product development/product adoption, deteriorating product performance, competitive analysis, complications in service delivery and will assist management in identifying, assessing, and implementing change control processes for assigned products and channels.
  • Provide new capabilities and driving value from existing capabilities
  • Coordinate the efforts of internal and external technical and nontechnical staff, and of key users in the support of existing data
  • Define and document business and functional requirements
  • Engage and direct business partners and subject matter experts to identify priorities, scope, and requirements for complex business problems
  • Engage technical development team members to transition requirements to design, and to determine appropriate design approach
  • Serve as a subject matter expert and visionary for the business community and technical teams
  • Project planning and management of business team deliverables
  • Perform other duties when assigned.
  • Adhere to and complying with the applicable, federal and state laws, regulations and guidance, including those related to Anti-money laundering (i.e. Bank Secrecy Act, US Patriot Act etc.)
  • Adhere to Bank policies and procedures

 

What skills you will use as a Business Analyst:

  • Bachelor’s Degree
  • 5+ years of operational banking or financial services industry experience in the domain of any of the following and/or a combination of deposits, private wealth management, FX, brokerage and wealth management
  • 3+ years of experience with IBS Core Banking system Strong communication skills both written and verbal
  • Proven track record working in a highly collaborative and matrixed environment to operationalize a fast growing and entrepreneurial organization
  • Strong customer service ethic for both internal colleagues and external clients

 

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.

 

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 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.

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