• Credit Administration Analyst - Validations

    ID
    2018-7021
    Job Locations
    US-CA-San Francisco
    Category
    Credit Administration and Approval
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    At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued here. 

     

    Incredible teams doing exceptional work, every day

    The Credit Approval and Administration team provides education, guidance and best practices related to First Republic’s credit culture and policy. Our team includes members of the Executive Loan Committee and Credit Administration who approve and monitor loans in accordance with our credit culture and policy.

     

    Putting you first

    As Credit Administration Analyst — Validations, you’ll review new commercial loans, renewals and modifications to ensure that the approval aligns with both the loan documents and the loan accounting system. You play an important role in helping the Bank manage risk, and you will develop a strong knowledge of loan documents and covenant monitoring practices and have the opportunity to help maintain First Republic’s strong credit culture. 

     

    What you’ll do as a Credit Administration Analyst:

    • Review new commercial loans, renewals and modifications to ensure that key aspects of the approval conform with both the loan documents and the information in the loan accounting system (ASF Level 3) — checking, for example, that the correct loan risk grade has been assigned, appropriate approvals have been obtained and covenants have been entered into the tracking system to match the documents.
    • Set up annual term loan review ticklers when needed.
    • Note any discrepancies or issues that you identify in your review, enter policy exceptions on AFS Exceptions, and highlight any key documentation that is missing or incomplete; raise these issues with the Executive Loan Committee, Loan Servicing Relationship Managers and/or Business Bankers.
    • Keep senior management informed of significant noncompliance issues or undesirable trends.
    • Actively look for ways to make the team’s processes more efficient and enhance the quality of our internal service.
    • Help the Bank reduce risk by adhering to and complying with all applicable federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e., Bank Secrecy Act, USA PATRIOT Act, etc.), adhering to Bank policies and procedures, and completing all required training.
    • Identify and report any potential suspicious activity you see to the BSA/AML Officer.
    • Know and verify the identity of clients who enter into a relationship with the Bank.

     

    You could be a great fit if you have:

    • A bachelor’s degree or up to two years of relevant business experience
    • Proficiency in lending terminology and documentation, to ensure that approved loan covenants are correctly interpreted and captured for monitoring
    • Strong organizational skills and attention to detail
    • The ability to operate efficiently in a fast-paced environment
    • The ability to manage time and multiple priorities
    • Self-motivation and the ability to learn quickly and work independently
    • The ability to work with many different types of people and personalities
    • Excellent oral and written communication and reasoning skills
    • A working knowledge of AFS Level 3, Word, Excel and Outlook; Access knowledge preferred

    Job Demands:

    • Must be able to review and analyze data reports and manuals; must be computer proficient.
    • Must be able to communicate effectively via telephone and in person.
    • Must be able to travel as position requires.

     

     

    Own your work and your career — apply now

    Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career? If so, then come join us.

     

    We want hardworking team players. You’ll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability — that’s the First Republic way.

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