Credit Administration Analyst – Validations

ID
2020-9659
Job Locations
US-CA-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

The Credit Approval & 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.

 

Common goals, uncommon potential

Responsible for reviewing new commercial loans, renewals and modifications to ensure key aspects of approval conform with the loan documents, the loan accounting system (ASFIII), and the covenant tracking system LoanVantage (LV). Issues requiring resolution—e.g., discrepancies, errors, and missing or defective documentation are entered into the Observation Tracking Log and the responsible parties notified. Covenants and due date ticklers are entered into or confirmed using the LoanVantage system.

 

Key requirements of the position include: a strong knowledge of loan documents; quickly developing proficiency with AFSIII, OnBase, 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 Administration Analyst -  Validations:

  • Validations
    • New commercial loans, renewals and modifications are reviewed timely, accurately and appropriately according to written procedures and guidelines to confirm key aspects of approval conform with the loan documents, AFS III, and LV.
    • Pursue clarifying or corrective action in a timely and effective manner while providing quality service to all parties.
    • Apprise management of substantive non-compliance issues and adverse trends.
  • Tickler Set Up
    • Review loan documents to accurately assess Tickler requirements and dates.
    • Set up Ticklers in adherence with applicable Bank standards and tracking system requirements.
    • Identify issues and pursue resolution in a timely and effective manner.
  • LoanVantage
    • Increase level of LV proficiency in all core job functions with existing functionality.
    • Readily develop proficiency with any new functionality.
  • Productivity
    • While placing quality of work as first priority and volume as second, complete assigned work according to expectations.
  • Validation Team Support and Development
    • Identify areas for increased efficiencies in processes and higher quality internal service, and make recommendations accordingly.
    • Assist with training new colleagues and cross-training existing ones.
    • Perform other duties and responsibilities as assigned by manager.
    • Assist with assigned projects and special requests.

 

You could be a great fit if you have:

  • 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.

 

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 take initiative and make decisions? 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. Come join us!

 

This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization. The Company is an equal opportunity employer. In this regard, the Company makes reasonable accommodations for qualified applicants and employees with disabilities in order to enable them to perform all essential job functions, unless doing so creates an undue hardship.

 

First Republic is subject to federal laws that restrict the employment of individuals with certain types of criminal histories, including FDIA Section 19 and FINRA. To the extent not inconsistent with our obligations under those federal laws and regulations, First Republic will consider qualified candidates with criminal histories in a manner consistent with the Los Angeles and San Francisco ban-the-box laws.

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