• Business Banking Senior Credit Analyst

    ID
    2019-8733
    Job Locations
    US-CA-San Francisco
    Category
    Banking
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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.

    In Business Banking, we provide comprehensive depository, cash management, and lending services to businesses throughout our communities. As a Business Banking team member at First Republic, you will work directly with clients to identify their banking needs and financial goals in order to deliver tailored solutions for their businesses as well as their personal banking and wealth management needs.

     

    Common goals, uncommon potential

    Colleagues in this position will work in a dynamic environment with Business Bankers and  other departments throughout the Bank in evaluating, underwriting, monitoring and maintaining the overall credit quality of new and existing loan facilities. This a collaborative team environment where constant communication with team members is critical to achieving the goals of the team.

     

    **TBD**

     

    Underwriting and Analysis: Underwrite and author credit narratives in support of new loans for the Non Profit and Professional Services teams. This responsibility requires the following skills; (i) spreading personal financial statements and tax returns for Businesses and individual guarantors, developing global cash flow analysis and evaluating a guarantor’s ability to service debt; (ii) performing collateral analysis; (iii) understanding cash flow from operations, which includes identifying recurring and non-recurring sources of cash flow (iv) analyzing multi-year trends and developing ratios from financial information; and (v) researching industry trends and risks for nonprofit organizations and professional clients where applicable; (vi) reviewing and assessing collateral values including commercial real estate, appraisal and environmental reports where applicable; (vii) running credit reports on individual guarantors; (viii); entering data in the KYC/Flight Path system; and working with the EDD team to resolve issues related to uniquely structured transactions; and (ix) assisting the sales team members in presenting to Executive Loan Committee for loan approvals; and (x) ensure that all items have been uploaded to Onbase.

     

    Loan Closing: Work closely with Business Bankers, Commercial Loan Operations, Outside Counsel and the clients and their counsel to document and close loans thoroughly and swiftly.  This process includes: (i) reviewing formation documents to determine the corporate organizational structure and who is authorized to sign on behalf of the client; (ii) obtain UCC searches; (iii) request loan documents from outside counsel and  review with the help of the Loan Administrator for consistency with all credit approvals; (iv) resolve all prefunding requirements to close (such as consistency letters; lien releases to be held in escrow; confirming wire information; and funding of new DDA accounts, etc.); (v) ensure that signature pages are obtained by client and FRB and forwarded to the appropriate counsel; (vi) follow on post-closing items (such as opinions of counsel; leases; mortgages;) by working with the respective third parties’ contracts departments and the client and upload entire assignment and contract to Onbase upon receipt; (vii) ensuring loan terms have been detailed accurately on the Bank’s loan system, post-closing; (viii) work with Payoff to obtain any payoffs and ensure that liens are released and forwarded to the client; (ix) ensure that all items have been uploaded to Onbase; and (x) forward copies of executed documents to the clients and their counsel.

     

    Portfolio Management: Create, maintain, and monitor all loan and credit files at the highest quality. This process involves: (i) timing of appraisals, insurance, and annual term loan reviews as transactions are closed or paid off in full; (ii) monitoring existing credit facilities for financial and reporting covenant compliance; (iii) reviewing covenant compliance and ensure updated financial information and communicating with clients to receive required reporting information; (iv) collecting the insurance policies for all collateral prior to their expiration; (vi) detecting early warning signs that could lead to a potential default and work with the Business Banker and the Executive Loan Committee when defaults /similar issues are found; (vii) monitoring underperforming loans; (viii) evaluating proper loan risk ratings by preparing the annual term loan reviews; and (ix) corresponding with the Managing Director, Executive Loan Committee, Loan Monitoring Group, Legal, and Credit Administration on waivers, amendments, renewals, reviews and modifications; and (x) ensure that all items have been uploaded to Onbase.

     

    Client Service: Assist the Business Banker on all levels of the business banking relationship to ensure the client receives exceptional service.  This process includes: (i) receiving and funding loan advances and payments; (ii)  collecting loan and legal fees; (iii) calling on delinquencies; (iv) assisting clients with various loan and deposit related inquiries; (v) remedying or submitting client requests to the proper departments and following up to ensure timely execution; and (vi) identifying cross-sell opportunities.

     

    • Work with the Sales team on industry projects.
    • Be or become proficient in Microsoft Office, AFS Level III, and Moody’s.
    • Perform duties and responsibilities specific to department functions and activities.
    • Performs other duties and responsibilities as required or assigned by supervisor.

     

    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.

    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 hard working 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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