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
First Republic Private Wealth Management is comprised of investment management, brokerage, trust, financial planning and insurance professionals.
We offer customized wealth management solutions for our clients from a wide array of services including comprehensive investment management, financial planning, estate planning, trust services, endowment management and more.
Our goal is to understand our clients’ unique needs and support them throughout a lifetime of financial goals.
Responsibilities
As a member of the Eagle Alternatives Investments team you will be contributing to the success of the growing and dynamic investment platform of First Republic’s Private Wealth Management division.
What you will do as an Associate, Alternative Investments, Fund Operations
– Private Placements:
Process and review investor subscriptions, redemptions, and transfers subject to the following:
Adhering to and complying with applicable regulations and procedures, including those related to the SEC, FINRA, FDIC and IRS
Adhering to and ensuring compliance with Bank policies and procedures
Identifying and reporting potential suspicious activity to the BSA/AML Officer
Knowing and verifying the identity of investors
Communicate with client servicing teams and fund administrators to resolve any questions or issues that may arise in a responsive, timely and informative manner.
Work closely with third-party fund administrators to ensure efficient and accurate workflows
Reconcile and remediate investor records with the fund administrator.
Address ad-hoc questions related to administrative matters of the funds.
Assist in technological testing and implementation of new system rollouts to clients and our administrators, providing critical feedback.
Performs other duties & responsibilities as required or assigned by supervisor.
Qualifications
You could be a great fit if you have:
Ability to provide extraordinary service
High attention to detail
Ability to handle and prioritize multiple tasks
Self-starter mindset; takes initiative with an ability to work independently but remain a team player
Ability to think critically and anticipate issues
Strong communication skills (both written and verbal)
Ability to thrive in a demanding dynamic environment
Strong knowledge and skillset of Microsoft Excel, Outlook, Word and Access.
The following are desirable:
â?¦ BA or BS degree in Accounting, Finance, Mathematics, or other business/quantitative major is desirable
â?¦ Knowledge of Alternative Investments
â?¦ Knowledge of KYC, BSA/AML, CRS rules and regulations
â?¦ Knowledge of entity structures, i.e., trusts, IRA’s, corporation, partnerships, etc.
â?¦ Previous experience writing and executing VBA macros in Microsoft Excel to automate processes
â?¦ Working knowledge of programming languages is desirable
Job Demands:
â?¢ Must be able to review and analyze data reports and manuals; must be computer proficient.
â?¢ 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.