Senior Loan Specialist

First Republic Bank

(San Francisco, California)
Full Time
Job Posting Details
About First Republic Bank
Founded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. First Republic specializes in delivering exceptional, relationship-based service, with a solid commitment to responsiveness and action.
Summary
Responsible for ensuring that all single and multi-family residential and commercial lines/loans are set-up and processed in a timely manner while meeting all regulatory compliance and achieving a high level of customer service. Responsiblities primarily focus on processing, underwriting, customer care and relationship management.
Responsibilities
* Communicate with customers, providing excellent customer service and ensuring the customer relationship is maintained and the highest possible level. * Review set-up loan files for completeness and identify and missing documentation or potential problems. * Analyze each loan file, ensuring the LAW form, loan narrative (if applicable), appraisal(s), 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 input into the computer system to meet compliance. * Prepare pre-qualification and/or commitment letters for loan officer review. * Cross trains other team members, when applicable. * Perform duties & responsibilities specific to department functions & activities. * Performs other duties & responsibilities as required or assigned by supervisor. * Responsibilities include the following: 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.
Ideal Candidate
**KEY SKILLS, KNOWLEDGE, AND ABILITIES:** * A high school diploma required (college degree preferred). * 3-5 years experience with processing, underwriting and related analysis. * Extensive work experience in residential real estate loan underwriting is required. * Experience with commercial and/or construction loan processing, and commercial real estate loan underwriting is a plus, but not required. * Basic computer skills are required. * Additional work experience with an emphasis on customer service preferred. **MENTAL/PHYSICAL REQUIREMENTS:** * The ability to learn and comprehend basic instructions; understand the meanings of words and respond effectively; and perform basic arithmetic accurately and quickly. * Vision must be sufficient to read data reports, manuals and computer screens. * Hearing must be sufficient to understand a conversation at a normal volume, including telephone calls and in person. * Speech must be coherent to clearly convey or exchange information, including the giving and receiving of assignments and/or directions. * Position involves sitting most of the time, but may involve walking or standing for brief periods of time. * Must be able to travel as position requires. * May be required to lift up to 25-50 lbs.

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