• Credit Analyst - Validations

    ID
    2019-8311
    Job Locations
    US-CA-San Francisco
    Category
    Credit Administration and Approval
  •  

    Credit Analyst - Validations
    San Francisco, CA

     

    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.

     

    Responsible for reviewing new commercial loans, renewals and modifications to ensure key aspects of approval conform with the loan documents, the loan accounting system (ASF Level 3), and the covenant tracking system LoanVantage. Discrepancies and missing or defective documentation requiring resolution are raised with, as applicable, Executive Loan Committee, Loan Servicing, Relationship Managers and Business Bankers, with related comments entered into the Observation tracking log. Covenants and due date ticklers are entered into or confirmed on the LoanVantage system.

     

    Key requirements of the position include: developing a strong knowledge of loan documents; developing proficiency with AFS Level 3 and LoanVantage; excellent attention to detail; strong interpersonal skills; a desire to learn; plus the ability to effectively manage time and changing priorities.

     

    What you'll do as a Credit Analyst - Validations

    • New commercial loans, renewals and modifications are reviewed to confirm the key aspects of approval conform with the loan documents and AFS Level 3, including:
      • Correct loan risk grade
      • Appropriate approvals were obtained
      • Covenants and ticklers entered into LoanVantage to match documents
      • Observations noted of any discrepancies or issues
      • Annual term loan review ticklers set up if applicable
      • Policy exceptions are entered into LoanVantage
      • Identify any key documentation that is missing or defective
    • Apprise senior management of substantive non-compliance issues and adverse trends.
    • Perform other duties & responsibilities as required or assigned by manager.
    • Identify areas for increased efficiencies in processes and higher quality internal service, and make recommendations accordingly.
    • 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.
    • Completing required training.
    • Identifying and reporting potential suspicious activity to the BSA/AML Officer.
    • Knowing and verifying the identity of any customer(s) that enters into a relationship with the Bank.

     

    What skills you will use: 

    • A Bachelor’s Degree or up to two years equivalent/related business experience;
    • Proficiency in lending terminology and documentation to ensure approved loan covenants are correctly interpreted and captured for monitoring;
    • Demonstrated skills in organization and strong attention to detail;
    • Proactive individual able to operate efficiently in a fast paced environment;
    • Quick learner and ability manage multiple priorities;
    • Must be self-motivated and able to work independently;
    • Ability to work with many different types of people and personalities;
    • Excellent oral and written communication and reasoning skills;
    • Working knowledge of AFS Level III, Word, Excel and Outlook. Access is a plus.

    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.

     


    Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records, to the extent consistent with applicable federal and/or state law.

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