First Republic Bank

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Loan Administrator

Loan Administrator

ID 
2017-4995
Job Locations 
US-CA-San Francisco
Category 
Lending

More information about this job

Overview

About First Republic:

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.

 

About the Role:

First Republic Bank's Eagle Lending group is looking for a skilled lending professional to join its Loan Closing Team. As a Loan Administrator, you will assist the Eagle Lending team in originating loans by ensuring that each loan is documentable and serviceable by the Bank, creating loan and credit files, performing due diligence by obtaining all required client information to support the loan transaction, and consistently updating the loan origination database. You will also review, perform the necessary due diligence on, and capture information to accurately generate and analyze loan documentation as well as prepare loans for funding and boarding to the Bank’s servicing system. 

 

Eagle Lending is a sales and loan origination group focused on bringing in the next generation of clients to the bank. The group is also keen on leveraging technology to improve our client experience and work efficiently to meet our client's needs. To learn more about Eagle Lending, check out our full product suite through the links below:

 

Responsibilities

DUTIES AND RESPONSIBILITIES:

  • Assist Relationship Managers and Loan Teams with managing their workflow, questions regarding products, functionality, etc., providing options and escalating issues when appropriate.
  • Accurately generate all required client communication letters within the expected service level turnaround times. This includes working with internal partners such as Compliance and Legal Teams. 
  • Validate the full and proper execution of loan documentation before preparing the funding requests. 
  • Close out all loan requests by uploading documents to the system of record and accurately updating the closed loan status in the tracking database. 
  • Perform duties and responsibilities specific to department functions and activities or as assigned by supervisor.
  • Perform duties & responsibilities specific to department functions & activities.
  • Performs other duties & responsibilities as required or assigned by supervisor.
  • Responsibilities include the following:  1) adhering 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.) 2) adhering to Bank policies and procedures, 3) completing required training,  4) identifying and reporting suspicious activity to the AML Officer, and 5) knowing and verifying the identity of any customer(s) that enters into a relationship with the Bank.

 

Qualifications

SKILLS, KNOWLEDGE AND ABILITIES:

  • Bachelor’s Degree required.
  • Must possess 2 or more years of experience in banking; preferably in closing.
  • Knowledge or experience in consumer lending preferred.
  • Knowledge of CLO and/or AFS preferred.
  • Must be able to successfully manage projects of a varied and complex nature.
  • Must possess working knowledge of Microsoft Office Suite.
  • Must possess strong analytical, process, and people skills.
  • Must possess excellent oral and written communication skills.
  • Must possess the ability to work proactively and operate accurately and efficiently in a fast-paced environment with variable deadlines.
  • Must possess demonstrated organizational skills and a strong attention to detail

PHYSICAL REQUIREMENTS:

  • 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 most of the time, but may involve walking or standing for brief periods of time.
  • Must be able to travel in a limited capacity.

 

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