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 Vendor Management department is responsible for centrally supporting vendor selection, due diligence, contract negotiation, and vendor relationship management for the Bank. The Contracts Associate plays an important role in managing the Bank’s risk vis-à-vis these vendors. Some key activities will include performing vendor contract negotiations for both new vendors and existing vendors with different risk profiles including those vendors that are considered mission critical. These activities will involve i) advocating on behalf of and coordination across multiple internal stakeholder groups (Legal, Information Security, Compliance, BSA/AML, HR, and the sponsoring business unit), ii) reviewing, redlining, and negotiating a wide array of legal and business terms for vendor agreements including Non-Disclosure Agreements, Master Services Agreements, Consulting Services Agreements, technology agreements, and statements of work, iii) preparing and validating internal and regulatory reports and policies and procedures, iv) and assisting with a variety of departmental projects and presentations. The position is also responsible for the consolidation and management of contract and vendor data in our vendor management system.
As a member of our Vendor Management team, you will be broadly responsible for contributing to the Bank’s success engaging qualified partners under beneficial business terms and effectively managing the risks incumbent in relying upon independent third-party service providers. First Republic regularly depends upon third parties for critical systems and services, and we support our internal business clients with important resources, expertise, and a dedicated focus.
Education/ work experience:
Technical skill/ competency
Teamwork skill/ competency
Personal skill/ competency