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Working At First Republic Bank

Since 1985, First Republic Bank has prided itself on delivering outstanding service that is based on making relationships with the clients. That's why employees say working there feels like a community. The bank specializes in private banking, private business banking and private wealth management. Because it's been around for so long, the bank knows the best way to build lasting relationships is through customized solutions and a personalized one-on-one approach.

Diving Into the Values at First Republic Bank

The values at First Republic are the backbone of every decision made ever. The bank finds individuals who are hard workers, professional and caring to carry out and demonstrate these values. And because of that, these values are seen throughout the entire organization every day:

  • Do the right thing.
  • Move forward, move fast.
  • Respect the team.
  • Take responsibility.
  • Grow.
  • Have fun.
  • The Culture at First Republic Bank

    Where You Can Make a Difference

    The employees at First Republic are empowered every day to take ownership of their work, have a meaningful impact and support each other. Many employees say that being able to work alongside others who are super passionate about their work makes coming into work every day easy. It's this that makes working at First Republic seem like a family.

    In addition, the work makes a huge impact on people's lives so it's meaningful. Every day, you're apart of a pivotal moment in someone's life, and you get to make the difference. That's something that is truly special and not seen in a lot of other careers. The First Republic team is always doing great things for their clients and that truly gives the bank a sense of community.

    "We're an organization full of people trying to do the right thing for their clients. Nobody really considers banks to be these great entrepreneurial, fun, vibrant working environments, but it is at First Republic," said Erik, a longtime team member.

    The bank places an emphasis on responsibility, reward and opportunity because it doesn't want the team restricting themselves to a job description. First and foremost, First Republic is a mentoring organization. Everyone who works there has the opportunities available to grow personally and professionally. Since everyone is so supportive of one another, many team members are empowered to grow and speak up. At First Republic, your voice will be heard.

    The Benefits at First Republic Bank

    Going the Extra Mile for You

    First Republic truly cares about its employees and that's why it goes the extra mile for making sure they're covered. With this benefits package, you won't have to worry about your health, wellness, student debt or legal services:

  • StudentLoan Repayment Assistance Program
  • 401(k) retirement plan
  • EmployeeStock Purchase Plan
  • Commuter benefits
  • 529educational savings assistance program
  • Legal services
  • 3 weeks ofpaid time off
  • Paidchild-bondingleave
  • Paiddisabilityleave
  • 2 Paidvolunteer days each year
  • Personalerrand concierge service that provides 6 3-hour errands per year at no cost
  • Extra day off for your birthday
  • Tuition assistance program
  • Professional development training courses
  • Recognition for service milestones
  • Mentorship program
  • Medical, dental and vision insurance
  • Disability, life and accident coverage
  • Flexible spending accounts
  • $50 Monthlywellness stipend forgym memberships, workout classes, nutritional counseling, massage services and more.
  • Wellness education sessions
  • Biometric screenings
  • The Interview at First Republic Bank

    Finding the Best Fit

    With jobs offered within Banking and financial services, Technology, Corporate and Internships, it's safe to say you'll be able to find the perfect fit here. But first, you should be prepared for the interview process. This first step may be obvious, but you're going to need to figure out which job posting matches up with what you want to do. From Human Resources to Management Analytics, you've got some research to do. Once you figure out where you fit in best, then you'll need to submit your application.

    The bank recommends that you send a current cover letter and resume along with the application. Once the app has been sent along, the hiring team will assess which individuals align with the position best and reach out to schedule an interview with a recruiter.

    The process allows for any number of interviews. The idea of the process is to give you a good look inside the company culture while allowing you to meet with several colleagues across different departments. The interviews may be conducted in-person or virtually. Typically you can just expect a recruiter phone screen, an interview with the hiring manager and a combination of technical screens and panel interviews.

    After the interview process, you may receive a job offer. The hiring team will go over the details of the offer, as well as provide an overview of the benefits package. Then it's time for onboarding. Through the onboarding process, you'll attend the New Colleague Orientation and Flight School where you'll be introduced to First Republic's heritage and culture.

    Perks of Working at First Republic Bank

    The company provides growth oppurtunities, competitive salary, supportive team, medical, dental, vision insurances, 401k match, paid volunteer hours, financial support for education, etc.

    Industry

    Finance

    Revenue

    $2.3B

    Employees

    3,881

    Founded in

    1985

    Headquarters

    San Francisco, CA

    Website

    www.firstrepublic.com

    Organization Type

    Public

    Is This Your Company?

    The Team At First Republic Bank

    Key People
    • Shannon Houston (SVP, Chief Marketing And Communications Officer)
    • Frank Fahrenkopf (executives)
    • James Herbert II (Chairman and CEO)
    • James Herbert Ii (CEO, Chairperson, Founder)
    • Reynold Levy (Lead Outside Director)
    • Hafize Erkan (President)
    • James Herbert (CEO)
    • Boris Groysberg (executives)
    • Thomas Barrack Jr. (executives)
    The Inside Scoop
    First Republic Bank provides lending, deposit, investment, trust, cash management, foreign exchange, and brokerage services. Private Asset Management Magazine named First Republic Bank as the Best Private Bank in North America. The company was founded in 1985 in San Francisco and has more than 60 offices on the West Coast and in the Northeast. First Republic Bank currently employs over 4000 employees.
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    The Culture At First Republic Bank

    Information provided by the company
    A commitment to providing extraordinary service. A readiness to further the First Republic culture and values
    If you are looking for an opportunity to grow and contribute in a fun, fast-paced environment, First Republic is the place for you. We have exceptional people focused on providing extraordinary service.
    Built an in-house team of high-impact developers from scratch. Built bridges with the "legacy" Operations and InfoSec teams to win hearts and change minds.
    Team player willing to help and learn from others.
    A commitment to provide extraordinary service and further First Republic's culture and values
    Show More

    First Republic Bank Reviews

    Zippia Official Logo

    4.0

    Zippia UserApril 2019

    4.0

    Zippia Official LogoZippia UserApril 2019

    What Do You Like About Working There?

    The people Show More

    What DON'T You Like About Working There?

    The commute Show More

    What Are Your Favorite Benefits/Perks?

    Health and retirement benefits, along with the people who all put the customer first. Show More
    Anonymous review of First Republic Bank

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    What do you like about working for First Republic Bank?

    First Republic Bank Rankings

    First Republic Bank is ranked #27 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

    Read more about how we rank companies.

    First Republic Bank Salaries

    How much does First Republic Bank pay?
    The national average salary for a First Republic Bank employee in the United States is $111,977 per year. Employees in the top 10 percent can make over $166,000 per year, while employees at the bottom 10 percent earn less than $75,000 per year.
    9.6
    Salary Score
    Average Employee Earnings

    First Republic Bank Salaries By Job Title

    While First Republic Bank employees earn an average yearly salary of $111,977, different roles can command different wages. Some of the positions that earn high wages at First Republic Bank include managing director, senior associate, senior banker, and branch manager. A typical managing director salary at First Republic Bank is $287,656 per year. Some of the other roles at First Republic Bank are receptionist and loan specialist. A worker with the title receptionist at First Republic Bank earns an average salary of $39,235 per year.
    Job Title
    Title
    ascdesc
    Average Salarydesc
    Managing Director
    Salary Range226k - 365k$288k$287,656
    Senior Associate
    Salary Range132k - 183k$156k$156,001
    Senior Banker
    Salary Range121k - 177k$147k$146,947
    Branch Manager
    Salary Range118k - 179k$146k$145,977
    Quantitative Analyst
    Salary Range125k - 168k$145k$145,391
    Personal Banker
    Salary Range119k - 169k$142k$142,105
    Architect
    Salary Range126k - 149k$137k$137,326
    Chief Compliance Officer
    Salary Range123k - 151k$137k$136,914
    Data Engineer
    Salary Range123k - 141k$132k$132,340
    Lead Technician
    Salary Range119k - 137k$128k$128,197
    $96k
    $365k

    First Republic Bank Careers

    On average, employees at First Republic Bank stay with the company for 2.3 years. Employees most commonly join First Republic Bank after leaving Wells Fargo. When they leave First Republic Bank, they most frequently get their next job at Wells Fargo.

    Average Length of Employment

    U.S. Bank
    2.8 years

    Top Employers Before First Republic Bank

    Top Employers After First Republic Bank

    First Republic Bank Employee Demographics

    9.8
    Diversity Score
    We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

    First Republic Bank Employees Education

    Of the 3,881 employees at First Republic Bank, 14.4% attended San Francisco State University. Employees at First Republic Bank most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

    Do you Work At First Republic Bank?

    Help us make this company more transparent.

    First Republic Bank Employee Political Affiliation

    First Republic Bank employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a First Republic Bank employee was by James Herbert. James Herbert donated $611,800 to the Republican Party.

    Employee Political Donations

    NameascdescJob TitleascdescPartyascdescDonationascdesc
    James HerbertFinance
    James Herbert
    Finance
    Finance
    Republican Party
    Republican Party
    $611,800Republican Party
    $611,800
    JIM HerbertChief Executive Officer
    JIM Herbert
    Chief Executive Officer
    Chief Executive Officer
    Republican Party
    Republican Party
    $67,300Republican Party
    $67,300
    Julie HarkinsManaging Director
    Julie Harkins
    Managing Director
    Managing Director
    Democratic Party
    Democratic Party
    $42,605Democratic Party
    $42,605
    Charles JoyceChief Executive Officer
    Charles Joyce
    Chief Executive Officer
    Chief Executive Officer
    Republican Party
    Republican Party
    $12,700Republican Party
    $12,700
    Kellie AbreuBanker
    Kellie Abreu
    Banker
    Banker
    Republican Party
    Republican Party
    $10,300Republican Party
    $10,300
    Dyann TresenfeldBanker
    Dyann Tresenfeld
    Banker
    Banker
    Democratic Party
    Democratic Party
    $9,300Democratic Party
    $9,300
    Barbara BruserInvestments Manager
    Barbara Bruser
    Investments Manager
    Investments Manager
    Democratic Party
    Democratic Party
    $8,186Democratic Party
    $8,186
    Mary DeckebachManaging Director
    Mary Deckebach
    Managing Director
    Managing Director
    Democratic Party
    Democratic Party
    $7,250Democratic Party
    $7,250
    Barry BergPortfolio Manager
    Barry Berg
    Portfolio Manager
    Portfolio Manager
    Democratic Party
    Democratic Party
    $6,200Democratic Party
    $6,200
    Benjamin SpohnLawyer
    Benjamin Spohn
    Lawyer
    Lawyer
    Democratic Party
    Democratic Party
    $6,100Democratic Party
    $6,100
    Show More

    First Republic Bank Financial Performance

    9.9
    Performance Score
    We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

    Revenue

    > $1B

    Founded in

    1985

    Organization type

    Public

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    First Republic Bank Competitors

    Some of the competitors of First Republic Bank are CIBC USA Holdings, Nomura, and BMO Capital Markets. The wages at CIBC USA Holdings average higher than the other similar companies, where the median salary is $106,294 per year. The salaries at Nomura average $104,791 per year, and the salaries at BMO Capital Markets come in at $97,130 per year.
    Companydesc
    Average Salarydesc
    CIBC USA Holdings
    Salary Range77k - 145k$106k$106,294
    Nomura
    Salary Range79k - 138k$105k$104,791
    BMO Capital Markets
    Salary Range72k - 129k$97k$97,130
    UBS
    Salary Range73k - 126k$96k$96,493

    Janus Capital Group

    Salary Range67k - 115k$88k$88,340
    ABN AMRO Chicago Corporation
    Salary Range64k - 120k$88k$88,072
    Legg Mason
    Salary Range67k - 113k$88k$87,541
    Fidelity Investments
    Salary Range66k - 111k$86k$86,379
    Ing Security Life Of Denver
    Salary Range62k - 106k$82k$81,884
    JP MORGAN FINANCIAL INVESTMENTS
    Salary Range57k - 110k$80k$79,661
    $26k
    $145k

    Frequently Asked Questions about First Republic Bank

    When was First Republic Bank founded?

    First Republic Bank was founded in 1985.

    How many Employees does First Republic Bank have?

    First Republic Bank has 3,881 employees.

    How much money does First Republic Bank make?

    First Republic Bank generates $2.3B in revenue.

    What industry is First Republic Bank in?

    First Republic Bank is in the finance industry.

    What type of company is First Republic Bank?

    First Republic Bank is a public company.

    Who are First Republic Bank's competitors?

    First Republic Bank competitors include Fifth Third Bank, U.S. Bank, Bank of the West, People's United Financial, Stifel, Bank of America, Oppenheimer Holdings, CIBC USA Holdings, Bremer Bank, BMO Capital Markets, ABN AMRO, Fidelity Investments, JP MORGAN FINANCIAL INVESTMENTS, Legg Mason, Janus Capital Group, RBS Holdings USA, UBS, Ing Security Life Of Denver, Nomura, Impac Mortgage.

    Who works at First Republic Bank?

    Shannon Houston (SVP, Chief Marketing And Communications Officer)

    Frank Fahrenkopf (executives)

    James Herbert II (Chairman and CEO)

    Show More

    Where is First Republic Bank's headquarters?

    First Republic Bank's headquarters is in San Francisco, CA.

    Are You An Executive, HR Leader, Or Brand Manager At First Republic Bank?

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    Updated December 31, 2020

    Zippia gives an in-depth look into the details of First Republic Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about First Republic Bank. The employee data is based on information from people who have self-reported their past or current employments at First Republic Bank. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of First Republic Bank and its employees or that of Zippia.

    First Republic Bank may also be known as or be related to FIRST REPUBLIC BANK, First Republic Bank and First Republic.