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Business Banker

First Republic Bank

First Republic was founded on the belief that a truly differentiated culture is devoted to exceptional client service in the banking industry.

Overview

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. While our clients are diverse, we are focused on meeting the needs of professional service firms (doctors, lawyers, accountants, investment managers and consultants of all kinds) as well as those in the following industries: Private Equity, Venture Capital, Technology, Wineries, Aviation and Marine, and Non Profit Organizations. 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.

Duties and Responsibilities

We are seeking a Business Banker to add to our growing startup banking team, with a general focus on servicing early stage companies. Ideal candidate will have a general understanding of all stages of startup growth cycles, and be able to work with them throughout those stages.
Business Bankers are responsible for developing client relationships and maintaining existing relationships to enable retention and drive high client Net Promoter Scores. In addition, Business Bankers will collaborate with new and existing strategic partners to help drive new business opportunities to the Bank. The successful candidate must be self-motivated, an entrepreneurial team player that is passionate about growing a business in a client centric environment.

What you’ll do as a Business Banker:

– Develop, maintain, and enhance existing client relationships.
– Ability to initiate and drive cross-selling opportunities to existing customers for various products and services across the FRB platform, including: deposits (cash management, on-line banking, and foreign-exchange) and Wealth Management referrals.
– Develop strategies and execute on relationship management and portfolio management within the startup banking sector. Candidate should have strong technical knowledge of early to late-stage tech and life science companies along with a familiarity with the startup ecosystem.
– Strong technical knowledge of the startup and venture capital industry and market participants.
– Focus on building community with FRB startup client base, including creating and delivering events that will help drive visibility for FRB in the market.
– Generate leads from existing clients and actively grow the business through active networking and client referrals.
– Perform ad hoc projects to help enhance client experience and improve portfolio management responsibilities.
– Participation in key industry events, summits, either hosted by FRB or external.
– Perform other duties & responsibilities as required or assigned by supervisor.
– Responsibilities include the following: 1) adhering to and complying with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, etc.), 2) adhering to Bank policies and procedures, 3) completing required training, 4) identifying and reporting potential suspicious activity to the BSA/AML Officer, and 5) knowing and verifying the identity of any customer(s) that enters into a relationship with the Bank.
– Independent Judgment:
– Ability to anticipate client needs and recommend appropriate solutions
– Able to aid in the selection process of new clients and determine those that are most aligned with First Republic Bank’s business model and credit culture.

– DISCLAIMER: Critical features of this job are described under the items above. They may be subject to change at any time due to reasonable accommodation or other reasons. This job description reflects management’s assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Qualifications

You could be a great fit if you have:
– Excellent relationship management, portfolio management and cross-selling skills
– Knowledge of banking products and services
– Team player
– Provides extraordinary service
– Espouses the First Republic Bank culture and values
– Required: Bachelor’s Degree, industry background of at least 5-7 years within Technology or Venture Banking and preferably working with early stage companies.

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.
– Must be able to travel as position requires.
– May be required to lift 25-50 lbs.

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.

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Business Banker

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First Republic Bank

First Republic was founded on the belief that a truly differentiated culture is devoted to exceptional client service in the banking industry.

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