First Republic Bank

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Senior Business Banking Credit Analyst

Senior Business Banking Credit Analyst

ID 
2016-3483
Job Locations 
US-CA-Napa
Category 
Banking

More information about this job

Overview

First Republic is an ultra-high-touch bank that provides extraordinary client service. We believe that one-on-one interactions build lasting relationships. We move quickly to serve our clients’ needs so that their financial transactions are handled with ease and efficiency. Client trust and security are paramount in our line of business. Ultimately, our goal is unsurpassed client satisfaction which will lead to personal referrals – our number one source of new business.

We recognize that our competitive advantage starts with our people and our culture. At First Republic, we work hard and move quickly as a very coordinated team. If you are looking for an opportunity to grow and contribute in a fun, fast-paced environment, First Republic is the place for you. We have exceptional people focused on providing extraordinary service.

To work in a dynamic environment with Business Bankers and the Business Banking Department in evaluating, underwriting, monitoring and maintaining the overall credit quality of new and existing loan facilities.

Responsibilities

 

RESPONSIBILITIES AND DUTIES

  1. Underwriting and Analysis: Underwrite high quality credit narratives in support of new and existing loans. This responsibility requires the following skills:
    • Spreading business financial statements and tax returns using Moody’s software
    • Analyzing multi-year trends and ratios from financial information
    • Understanding cash flow from operations, which includes identifying recurring and non-recurring sources of cash flow
    • Researching industry trends and risks
    • Performing collateral analysis including accounts receivable, inventory, real estate and investments
    • Running credit reports and gathering/analyzing KYC information
    • Spreading personal financial statements and tax returns for individual guarantors, developing borrower and guarantor global cash flow analysis
    • Presenting to Executive Loan Committee with the Business Banker for loan approvals.
  2. Loan Closing: Work closely with Business Bankers, Commercial Loan Operations, Outside Counsel and the client to document and close loans thoroughly and swiftly.  This process includes:
    • Ordering loan documents, either in-house or using outside counsel
    • Reviewing documentation for consistency and accuracy with credit approvals
    • Ordering and reviewing formation documents & UCC searches for clients
    • Ensuring loan terms have been detailed accurately on the Bank’s loan system, post-closing.
  3. Portfolio Management: Create, maintain, and monitor all loan and credit files at the highest quality.  This process involves:
    • Monitoring existing credit facilities for financial and reporting covenant compliance
    • Reviewing the covenant compliance log to ensure updated financial information and covenant compliance and communicating with clients to receive required reporting information
    • Detecting early warning signs that could lead to a potential default
    • Identifying defaults immediately to the Business Banker and Executive Loan Committee
    • Monitoring underperforming loans
    • Evaluating proper loan risk ratings
    • Corresponding with Executive Loan Committee and Credit on waivers, amendments, renewals, reviews and modifications
  4. Client Service: Assist the Business Banker on all levels of the business banking relationship to ensure the client receives exceptional service.  This process includes:
    • Receiving and funding loan advances and payments
    • Collecting loan and legal fees
    • Calling on delinquencies
    • Assisting clients with various loan and deposit related inquiries
    • Remedying or submitting client requests to the proper departments and following up to ensure timely execution
    • Identifying cross-sell opportunities.
  5. Lead special projects as needed.
  6. Be or become proficient in Microsoft Office, Bisys, AFS Level III, and Moody’s.
  7. Perform duties and responsibilities specific to department functions and activities.
  8. Performs other duties and responsibilities as required or assigned by supervisor.

 

Qualifications

 

SKILLS, KNOWLEDGE AND ABILTIES

  • Excellent credit skills
  • Team player
  • Outstanding communication skills
  • Provides extraordinary internal and external service
  • Works independently
  • Furthers the First Republic Bank culture and values

EDUCATION, EXPERIENCE, TRAINING OR CERTIFICATIONS/LICENSES

  • Required: Bachelor’s Degree with MBA preferred; strong credit background, a minimum of 3-5 years of commercial banking and lending experience. Established network of business clients, prospects, and referral sources.
    Preferred: Ideally, an industry specialization, such as law firms, accounting firms, private equity, entertainment, and non-profits.
  • Senior Credit Analysts will have 7 plus years’ experience with all of the above capabilities plus the ability to independently structure and underwrite most loan requests. Experienced in lending to a wide variety of industries, loan types, and size of companies. Preferably, have experience coaching and developing others, informally or formally.

MENTAL/PHYSICAL REQUIREMENTS

  • The ability to learn and comprehend basic instructions; understand the meanings of words and respond effectively; and perform basic arithmetic accurately and quickly.
  • Vision must be sufficient to read data reports, manuals and computer screens.
  • Hearing must be sufficient to understand a conversation at a normal volume, including telephone calls and in person.
  • Speech must be coherent to clearly convey or exchange information, including the giving and receiving of assignments and/or directions.
  • Position involves sitting as well as walking or standing for brief periods of time.
  • Must be able to travel as position requires.
  • May be required to lift 25-50lbs.

 

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