Description
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 Relationship Management Team Support, we document, process and underwrite both residential and commercial loans.
We provide exceptional client service to internal and external partners.
We support our Relationship Managers in all aspects of the loan process to ensure that we are delivering a seamless lending experience to our clients.
Responsibilities
Loan Specialist
You will be responsible for the analysis of all single, multi-family residential and commercial lines/loans are set up, processed & underwritten in a timely manner while meeting all regulatory compliance and achieving a high level of customer service.
Responsibilities focus on successfully analyzing tax returns and financials ranging from complex to simple for various types of borrowers including professional services, startup founders, VC/PE.
Individuals are preferred to have a thorough understanding of the loan process.
The role is a great foundation to start a career in banking, learning credit and advancing to future opportunities within the company.
What you’ll do as a Loan Specialist:
Communicate with customers, provide excellent customer service and ensure the customer relationship is maintained at the highest possible level
Review set-up loan files for completeness and identify missing documentation and/or problems
Analyze each loan file, ensuring the loan narrative, appraisal report, application, preliminary title report and verifications meet secondary market and First Republic Bank loan program criteria and are accurately documented
Prepare loan files for funding by reviewing the analysis for accuracy and by completing the Request for Documents form to ensure all regulatory information and loan terms are accurately inputted into the computer system to meet compliance requirements
Complete KYC Flightpath compliance for all loan types
Utilize and apply FNMA lending guidelines and other industry compliance regulations
Prepare pre-qualification and/or commitment letters for Loan Officer review
Qualifications
You could be a great fit if you have:
Excellent skills in computer systems
Strong professional communication skills (verbal and written)
Initiative to provide extraordinary service and further the First Republic Bank culture and values
Able to work in a team environment and comfortable working independently
1-2 years of experience preferred in residential processing, underwriting, commercial and/or construction loan processing and underwriting suggested but not required
Prior work experience with an emphasis on customer service preferred
Ability to prioritize tasks with effective time management in a fast-paced environment
College degree highly preferred
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.