First Republic Bank FAQ

All answers shown come directly from First Republic Bank Reviews and are not edited or altered.

29 English questions out of 29

2 December 2018

Does First Republic Bank offer sponsored degrees?

Pros

Tuition reimbursement, student loan monthly pay down of $100-200 a month, quarterly bonuses, Wolfgang Puck cafeterias on site if at the corporate sites.

Cons

No major cons that I have experienced

Tuition reimbursement, student loan monthly pay down of $100

2 December 2018

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20 November 2019

What is the retirement plan like at First Republic Bank?

Pros

Awesome benefits: -employer 529 contribution match for your child -commute stipend per month to cover commute cos -401 K match -Discounted ESPP Etc. Strong Client Base Excellent vision of senior management Transparency of views/goals of Executive Management with all Individuals Keeping employees and clients before anything else I can go on and on Being in the financial Industry for more than 14 yrs I can vouch this is the best organization to be in. People are great, work culture is good, leaders set example and lead you all the way. Love everything about this company. Have been here for almost 6 yrs now and still get challenged every day.

Cons

Yet to find one. Will update if I do but could not find any in the last 6 yrs :)

Advice to Management

Keep doing what you are doing. The transparency and communication from senior and executive management is like nothing I have seen anywhere!!! Love the culture and the work!!

401 K match

20 November 2019

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22 June 2020

How are the career development opportunities at First Republic Bank?

Pros

Great culture, benefits, and hours. Overall good experience

Cons

Lack of career opportunity and growth. People tend to stay here their entire career so career advancement is nearly impossible.

Lack of career opportunity and growth.

22 June 2020

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7 August 2018

What kind of career opportunities exist at First Republic Bank?

Pros

Great community, great perks, wonderful people, lots of opportunity for growth and learning.

Cons

work/life balance is tough. it is part of the culture to work and always be on call. most newer/younger employees will always eat lunch at their desk.

Great community, great perks, wonderful people, lots of opportunity for growth and learning.

7 August 2018

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29 July 2019

How are promotions handled at First Republic Bank?

Pros

Good colleagues, cafe food is healthy and subsidized, and the work is rewarding by allowing you to expand your skills and take on more projects.

Cons

Pay and benefits are way below market rates for comparable data analyst and data scientist roles. The Bank is currently "consolidating" (downsizing), so managers will use analysts for a project of the analyst's expertise then let them go. Career progress and promotions are limited, they would rather hire new people than retrain/repurpose current employees. Managers will assign multiple simultaneous projects without a realistic understanding of the project time commitment.

Advice to Management

In multi-business unit projects, management need to come to a consensus of the business requirements early in the process to keep the project from going down different tangental rabbit holes. Too often would one manager over promise to another manager without realizing the impact on their employees till it's too late

Career progress and promotions are limited, they would rather hire new people than retrain/repurpose current employees.

29 July 2019

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29 English questions out of 29