Analyst

At First Republic, we care about our people. We offer extraordinary client service in private banking, private business banking, and private wealth management. Founded in 1985, 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 at First Republic.    Incredible teams doing exceptional work, every day. Within the Lending Strategy, Products & Sales Department of First Republic, you will be part of a team that is integral to the Bank’s mortgage origination and balance sheet management activities through its contributions to our Secondary Marketing area. We monitor the mortgage market and recommend strategy, provide the Bank’s daily mortgage loan pricing, create new loan products, sell all loan assets for the Bank, manage pricing and products in multiple systems, and work collaboratively with Loan Teams and Executive Loan Committee to facilitate loan originations and successful secondary market transactions.

Qualifications:

You could be a great fit if you have: - College degree-Emphasis in Business, Economics, Finance is a plus but not required - Knowledge of mortgage lending and/or banking environment a plus - Excellent communication (written and verbal) and presentation skills - Excellent quantitative and qualitative analytical skills - Aptitude for detail and a strong commitment to accuracy - Ability to engage with C-level and VP/Director level stakeholders to summarize complex business problems with clarity and brevity - Adept at working in a fast-paced, high-energy environment - 2-5 years of applicable work experience - Advanced knowledge of Microsoft products - Knowledge of business intelligence products (such as tableau) is a plus - Experience using SQL or Python for sophisticated database queries 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 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.   We believe that a diverse range of backgrounds and ideas has and will continue to be fundamental to the future success of First Republic.   If you are curious to learn more about this opportunity, we'd love to hear from you.   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.   For New York City-based roles: Mayor Bill de Blasio announced that, effective December 27, 2021, all private sector employers?in New York City will be required to ensure that their employees are vaccinated against COVID-19 to attend work in the office. Reasonable Medical or Religious Accommodations may be requested if applicable to you. Please view New York’s Guidance on Accommodations for Workers for more information.

Responsibilities:

What you’ll do as a Analyst: - Maintain and develop analyses pertaining to the loan portfolio - Provide timely delivery of formalized reports in addition to ad-hoc reports and analysis - Disseminate relevant financial news and market color to the department, Loan Teams and other bank employees - Secure and verify terms of confirmation of sale from investor and distribute to the appropriate departments - Enhance existing processes through efficiencies such as sourcing improvements, automation, and migration to production solutions - Assist in on-going investor relationship management and new business development efforts - Develop detailed documentation of processes and procedures pertaining to operational functions - Assist with any and all projects as needed for the Department (i.e. software implementation, changes to loan programs, and departmental changes due to regulatory requirements) when necessary. - Perform duties & responsibilities specific to department functions & activities. - Performs other duties & responsibilities as required or assigned by supervisor. - Additional responsibilities include: (1) adhering to and complying with the applicable, federal and state laws, regulations and guidance, including those related to Anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.) (2) Adhering to Bank policies and procedures, (3) completing required training, (4) identifying and reporting suspicious activity to the AML Officer, and (5) knowing and verifying the identity of any customer(s) that enters into a relationship with the Bank. - Produce data tapes on an ad-hoc basis and maintain data quality for the tapes - Solicit feedback from Executive Loan Committee and Loan Teams on rate sheet issues that relate to pricing - Present production and trade analysis to management - Familiarize oneself with common pricing conventions for secondary market trades - Works cross-functionally with peers acting as liaison between technical and business departments in developing dashboards and other business intelligence related solutions - Performs complex data analysis to identify and recommend opportunities to improve processes based on the bank production data and overall market information - Develop actionable insights by providing analytics that support a broad range of business issues and data types - Assist in strategy and in the publication of weekly and monthly residential market updates to internal bank stakeholders