• Business Banking Intern

    Job Locations
    US-CA-Menlo Park
  • Overview

    The Business Banking Intern will primarily assist the Portfolio Quality Specialists, Credit Analysts and Business Bankers with loan and deposit matters. The ideal candidate will have a basic understanding of financial services, attention to detail, the ability to work under tight deadlines and the ability to work within the team dynamic.


    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.



    • Build relationships with and learn from Business Bankers, Analysts and supporting teammates who help make First Republic one of the most highly respected Banks in the Country.
    • Attain foundational skill-sets to begin a career within the financial industry: For example, (1) gain experience in underwriting credit facilities by applying finance, accounting and/or economics tools to the underwriting process; (2) observe how teammates cultivate client and professional relationships utilizing both written and verbal skills; and (3) problem-solve and effectively communicate with peers and management in matters relating to management of the existing portfolio, marketing and prospecting, and process improvement initiatives.
    • Assist in supporting the Analyst and the team in closing new deals, which includes (1) Researching new borrowers, owners, and management teams (2) Ensuring that new borrowers are in good standing with the state; and (3) Assuring that First Republic is the borrower’s preferred bank.
    • Maintain existing loans and track financial covenants (1) review borrowers’ financial statements; (2) test covenant compliance; and (3) assure that outstanding advances are repaid by their maturity dates.
    • Assist with client queries and loan servicing matters related to interest charges, account statements and compliance items.
    • Role model First Republic’s fast-paced and inclusive culture with timely responses to requests, collaboration with the team.
    • Assist with financial reporting covenant monitoring which includes scanning/saving financial information, loading files into OnBase, organizing files on the local shared drives.
    • Assist with research/audit requests by locating and reporting files and other financial information.
    • Ordering due diligence items such as Articles of Incorporation, Certificates of Good Standings, Credit Reports, Uniform Commercial Code (“UCC”) searches.
    • Participate in internal credit/deal structuring meetings and develop an understanding of the Business Banking deal making process.
    • Occasionally join Business Bankers and Credit Analysts on joint client calls and property inspections.
    • Assist with Google searches and other research which will be utilized in arriving at credit decisions.
    • Liaison with Marketing Department and assist Business Bankers with maintaining invitation lists for client events, preparing mailers to clients/prospects, identifying and matching client groups with various marketing campaigns and promotions.
    • Assist the Business Banking Director of Operations on ad hoc projects related to process improvement, technological advancements and ongoing sales support.
    • Become proficient in Microsoft Office (Word, Excel, and Adobe) as well as other systems including OnBase, CLO, LoanVantage, PowerLender, Moody’s.
    • Assist with the monitoring of the loan maturity and loan delinquency reports and alerting Business Bankers and Credit Analysts of upcoming maturities
    • Develop the ability to eventually spread business financial statements, personal financial statements, and individual tax returns.
    • Local Manager may require additional duties unique to a Team’s Geography, industry niche and other responsibilities which best utilize the candidate’s skill sets.
    • Participate in the development of department policies and/or procedures and assist with client specific projects as assigned.
    • Champion independently or in collaboration with other Interns a project that will be assigned by Business Banking.
    • Responsibilities include the following: 1) Adhering to and complying with the applicable, federal and state laws, regulations and guidance, including those related to Anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.) 2) Adhering to Bank policies and procedures, 3) Completing required training, 4) Identifying and reporting suspicious activity to the AML Officer, and 5) Knowing and verifying the identity of any customer(s) that enters into a relationship with the Bank.


    Skills, Knowledge & Abilities:

    • Undergraduates Required (Rising Sophomores and Rising Juniors preferred)
    • Minimum GPA of ~3.3
    • Financial Accounting class required (Business or Economics degree candidates preferred)
    • Leadership experience preferred: volunteer, clubs, team sports, extra-curricular activities, special projects, etc.

    Physical/Mental Requirements: 

    • 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 in a limited capacity.


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