The Operational Risk Control Associate will report directly to the Private Wealth Management (PWM) First Line Risk Manager and will engage with all business lines within PWM, including First Republic Investment Management, First Republic Securities Company, First Republic Trust Company and First Republic Foreign Exchange.
In this role the individual will partner with Enterprise Risk Management and escalate material risk events and emerging risks that could impact the Bank’s risk profile.
The individual will be charged with assisting with the execution of the Risk & Control Self-Assessment (RCSA), which includes both an annual refresh and extemporaneous cycles based on trigger events. Additionally, the role will have a strong focus on control testing.
Knowledge of federal and state laws, regulations and guidance, including those related to Anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.) is essential for this role.
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.