About the Role:
First Republic has a long history of partnering closely with the Private Equity and Venture Capital industries, and the Professional Loan Program (PLP), plays a pivotal role in deepening our ability to serve our client firms and their needs. Through the Professional Loan Program, we offer tailored loan programs to enable employees of our PE and VC firm clients to personally co-invest into the funds being raised by their firms. Another component of PLP is offering loans or lines of credit to prospective partners at professional service firms, to finance their partnership equity purchases.
As credit quality is of paramount importance to First Republic, we have a dynamic PLP team that focuses on credit underwriting across two different layers of our professional loan programs. We first perform a thorough credit analysis on the firms that we will be servicing to ensure that the firms meet our credit criteria before proceeding with the program. We then perform a thorough analysis on every individual borrower who will either be co-investing into a fund or buying into a partnership to ensure that our individual clients meet our credit criteria.
We're looking for an experienced Credit Analyst to specifically focus on firm-level underwriting to ensure and maintain the high credit quality of our Professional Loan Program portfolio. Candidates with experience in commercial underwriting and intimate knowledge of the Private Equity and Venture Capital industries are preferred.