First Republic Bank

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Credit Administration Associate

Credit Administration Associate

ID 
2017-5476
Job Locations 
US-CA-San Francisco
Category 
Credit Administration and Approval

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.

 

The Credit Administration Associate will provide primary analyst support to the Director of Regulatory, Policy and General Administration within the Credit Administration group (“Credit Admin”).  As a team the Credit Associate and Director serve as the liaison between Credit Admin and the FDIC, Internal Audit, and Enterprise Risk Management (“ERM”). As a team, the Credit Associate and Director partners with the leader of Credit Administration, Credit Approval, Accounting, and Finance to manage Loan Policy, develop and document the Allowance for Loan Loss, perform periodic targeted loan reviews, and participate in ad hoc Credit Projects/Research.   

 

This position works collectively with Credit Administration, Credit Approval, Regulatory Affairs, Finance and Accounting. The role will focus on due diligence, validating data sources, targeted loan reviews, and ad hoc Credit Projects/Research.

Responsibilities

  • Regulatory Asset Quality Liaison: Partner with Regulatory Affairs, Credit Administration Leadership, and Credit Approval Leadership to administer regulatory exams involving Credit Approval and Credit Administration.  Duties to include: collection and organization of entry level items; sample analysis and distribution; assist in OnBase training and support; Relationship Management/Senior Management coordination; escalating potential issues to senior management;  qualifying and validating all potential recommendations or findings; clearing technical exceptions; discussing potential loan downgrades; and drafting, implementing, and tracking all corrective action items.
  • Internal Audit Liaison: Partner with Credit Administration Leadership, and Credit Approval Leadership to administer Internal Audit exams involving Credit Approval and Credit Administration.  Duties to include a subset of those listed for the Regulatory Asset Quality Liaison.
  • Enterprise Risk Management (“ERM”) Liaison / External Loan Review: Responsible for identifying and escalating unusual risk trends to others in both the first and second lines of defense, as well as assisting the first line of defense risk management activities. Qualify all findings and recommendations made by ERM and extensions of ERM including external loan review. Also responsible for facilitating ERM deliverables on behalf of Credit Administration.  Examples to include coordination of data submissions and/or implementation of template and/or process and procedure amendments.
  • Loan Policy: Maintain Credit Risk Management Policy and Lending Standards (together, “Loan Policy”).  Duties include: partnering with Credit Administration Leadership, Credit Approval Leadership, and related parties on amendments to Loan Policy, maintaining related change logs, and managing the approval submission process (Board: Credit Risk Management Policy; CERM and/or the Board: Lending Standards).
  • Allowance for Loan Loss: Partner with Credit Administration (Head of Credit Administration; Portfolio Analytics), Chief Financial Officer, and Chief Accounting Officer on the additional development and documentation (quarterly packages; Model Risk Management documentation; and related policies) for the ALL.  Including implementation of CECL as necessary.
  • Targeted Loan Review: Partner with Director of Loan Monitoring, ELC, Head of Credit Administration, and Chief Credit Officer in periodic targeted loan reviews.  Duties to include partnering in: determination of target RMs/BBs/portfolios, administration of review process, production of review summary/tracker, and review follow-up.
  • Provide input for enhancements to: risk grading and policy exception options, definitions, and tracking; flag reporting inputs and templates; underwriting and systems input templates; originations and monitoring processes/systems; internal reporting, etc.
  • Support for Credit Administration: Participate in special projects as needed.

Qualifications

Skills, Knowledge & Abilities:

  • Candidate must have exceptional interpersonal and communication skills plus the ability to work independently and as a part of a team.  Must be extremely detail oriented and able to manage multiple complex tasks concurrently.  Discretion with confidential information is also necessary.
  • Systems & Tools:
    • Microsoft Office (Excel, PowerPoint, Word, Outlook)
    • Webex
  • Qualifications:
    • Bachelor’s degree,
  • Interest in the financial services industry
    • Excellent verbal and written skills
    • Team player
    • Provides extraordinary service
    • Furthers the First Republic Bank culture and values

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 most of the time, but may involve 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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