• Loan Processor, Business Banking

    Job Locations
    US-CA-San Diego
  • 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 Portfolio Quality Specialist will assist the Business Banking Group, Credit Analysts, and Business Bankers in the preparation of loans for approval and documentation as well as manage the post-close and ongoing collection of financial reporting requirements and monitoring of borrowers for covenant compliance.  This is not an underwriting position, although it may include spreading financial statements and could eventually grow into that role at a later time.  The ideal candidate will have at least one year of banking experience and maintain a basic understanding of commercial financial information and legal loan documentation.  Due to the complexity of the transactions, attention to detail and the ability to work under tight deadlines is important.




    • Obtain and review borrower and guarantor formation documentation (inclusive of ordering certificates of good standing) to prepare and manage loan files for submission to Credit Administration.
    • Obtain lien searches on borrowers and guarantors from appropriate locations (UCC & Credit Reports).
    • Order and review formation documents & UCC searches (if applicable) for Borrowers
    • Assist the Credit Analysts & Business Bankers by preparing the basic underwriting and loan processing system data entry records.
    • Develop the ability to spread business financial statements, personal financial statements and individual tax returns.
    • Work with Compliance to obtain Enhanced Due Diligence on new borrowers and guarantors. Prepare amortization schedules for various loan structures.
    • Prepare and manage loan files for submission to Credit Administration,  Commercial Closing, and external counsel.
    • Run credit reports on companies and individuals to assist in the analysis process. 
    • Conduct research on specific industries or companies to assist Business Bankers.
    • Monitor loan maturity report and alert Business Bankers and Credit Analysts of upcoming maturities and process short-term maturity extensions requests as needed.
    • Monitor delinquent loan reports and advise Business Banker & Credit Analyst of any items requiring attention.
    • Interact with clients and Business Bankers in handling routine requests for such items as copies of loan documents, balance inquiries, billing inquiries, and obtaining copies of loan statements.
    • Monitor existing credit facilities for financial and reporting covenant compliance.  Review the covenant log to ensure updated financial information and covenant compliance.  Upon instruction from Business Banker, notify Borrower and Guarantor when reporting is late.

    • Create, maintain, and monitor all loan and credit files.


    Documentation and Closing:

    • Work with Commercial Closing and external counsel on documentation issues and review documents prior to distribution to client.

    • Develop document signing guide and distribute documents to borrower.

    • Review returned documents prior to Commercial Closing submission and ensure that files are accurate and complete for closing and funding.

    • Coordinate payoffs and lien terminations of other lenders, as applicable.

    • Interact with Loan Servicing and the Wire Room to ensure timely loan funding.

    • Work with external counsel to obtain post-closing items as applicable.

    • Prepare documentation binders post-closing for clients.

    • Work with the appraisers, environmental professionals and title companies to assist in the commercial real estate due diligence process.

    • Assist with loan advances and payments, collecting loan and legal fees, credit ratings, etc. 

    • Complete audit verifications requested by clients and their CPA’s.

    • Process all loan advances and payments through coordinating with Client Services & Loan Servicing, calculating borrowing base ratios, communicating as necessary with the Business Banker & Credit Analyst and confirming verification of completion with our clients.

    • Complete KYC as needed for new and/or existing deals

    • Upload files/documents to our electronic document housing system

    • Complete SNDAs/Estoppels

    • Evaluate entity documents, environmental reports, flood insurance

    • Assist Credit Analysts with tickler as needed

    • Assist the Credit Analysts & Business Bankers on ad hoc projects and by working with client to obtain reporting requirements, which should be forwarded to the Loan Monitoring Group and uploaded to our electronic documentation housing program.

    • Assist Business Banking’s Management with various projects related to system enhancements, training, etc.

    • Ad hoc analysis includes working with clients and loan servicing to correct loan anomalies (late payments, draw downs, etc.) and preparing the restructure to financings currently booked (rate resets, LLC changes, etc.)

    • Other administrative work includes preparation of marketing information and internal reporting.

    • Performs other duties and projects specific to department functions and activities or as assigned by supervisor.

    • Local manager may require additional duties unique to a team’s geography, industry focus and other responsibilities which best utilize a candidate’s skill sets.

    • Be or become proficient in Microsoft Office (Word, Excel, and Adobe), spreading software, loan processing systems, data analysis systems, etc.






    • Excellent attention to detail

    • Team Player

    • Outstanding communication skills

    • Provides extraordinary service.

    • Furthers the First Republic Bank culture and values.

    • Strong working knowledge of MS Word / MS Outlook / MS Visio / MS PowerPoint/ MS Excel.


    • Required: Bachelor’s Degree; banking and lending work experience of at least 2-3 years. 


    • 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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