• Senior Credit & Risk Officer

    ID
    2019-8424
    Job Locations
    US-CA-San Francisco
    Category
    Lending
  •  

    Vice President, Senior Credit and Risk Officer, Eagle Lending

    San Francisco

     

    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.

     

    Eagle Lending is responsible for student loan refinancing, professional loan programs, home equity lines of credit and small business loans. We provide high-touch service and customized products designed around our client’s needs. From refinancing your student loan debt to buying your first home, our team is leading the way for innovation at First Republic.

    The Vice President, Senior Credit and Risk Officer, Eagle Lending will be responsible for portfolio reviews, approving loans, monitoring the ELC approval que, credit training for the team, maturities, audits, regulatory exams and annual reviews for the roughly 30,000 loans in the Eagle Lending portfolio.

     

     

     

    What you’ll do as a Vice President, Senior Credit and Risk Officer:

    • Maintain Credit Risk Management Policy and Lending Standards (together, "Loan Policy").  Duties include: partnering with Credit Administration Leadership, Credit Approval Leadership, and related parties on amendments to Loan Policy, maintaining related change logs, and managing the approval submission process (Board: Credit Risk Management Policy; CERM and/or the Board: Lending Standards).
    • Ensure stability of ongoing Eagle Lending portfolio, including monitoring existing credit facilities trends as well as for financial and reporting covenant compliance. Anticipate problem loans and workouts with Credit Administration to take appropriate action. Coordinate credit waivers, amendments, and policy updates with Credit Administration department.
    • Oversee loan risk program, including assisting department management in tracking loan portfolio objectives and activities. Respond to questions on program performance, prepare monthly internal reports and respond to internal inquiries regarding performance and program activities
    • Oversee the Credit and Risk team in Eagle Lending and ensure appropriate risk controls and responses are developed.
    • Play a key role in both internal and external audits and exams of the Eagle Lending portfolio.
    • Act as a liaison between Eagle Lending and Credit Approval to ensure we have sufficient resources to approve loans.
    • Develop and improve efficiencies and process in portfolio monitoring/review including but not limited to annual reviews, maturing loans, risk rated 4 loans(RR4’s), modifications, adverse action and CRA trends.

     

    You could be a great fit if you have:

    • A bachelor’s degree in business, finance, economics or another applicable business-related discipline (preferred), or an additional 15 years of credit approval, portfolio monitoring and credit risk experience.
    • Experience leading audits and interfacing with regulators.
    • Strong knowledge of the federal and state regulatory requirements.
    • A solutions-oriented mindset, strong analytical skills and excellent attention to detail.
    • The ability to multitask and successfully meet competing demands.
    • An orientation toward process improvement and the ability to think and work at both the strategic and tactical levels.
    • A commitment to provide extraordinary service and further First Republic culture and values.
    • The ability to communicate effectively, both verbally and in writing, to various audiences while establishing strong working relationships with individuals and teams both inside and outside the firm.

     


    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.

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed