Manager, Private Wealth Management Accounting


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.
Private Wealth Management Accounting (PWM Accounting) is responsible for reporting the financial conditions of PWM business lines: Investment Advisory, Brokerage Services, Foreign Currency, Insurance, and Trust. Financial reporting is done both internally for FRB management as well as externally for regulatory purposes.
The PWM Accounting Manager will serve as a partner to First Republic Bank’s Director.  The individual will have responsibility for financial close; monthly, quarterly, and year-end financial reports; related SOX controls; and application of appropriate technical accounting and regulatory rules. The individual must thrive in a detailed and deadline-oriented environment, enjoy coaching and developing others, and have a passion for continuous improvement.

Duties and Responsibilities

What you'll be doing as PWM Accounting Manager:
- Responsible for aspects of month- and quarter-end closing process (including certifications, variance analysis and related analytics) for PWM entities: Investment Advisory, Brokerage Services, Foreign Currency, Insurance, and Trust.
- Responsible for recording and assessing reasonableness of the intercompany transactions.
- Present financial results and flux analysis to the business units, lead meetings with the leadership for financial results discussion.
- Lead technical accounting research for PWM complex accounting matters (including ASC 606 – revenue recognition and ASC 326 – CECL).
- Review regulatory filings in accordance with FINRA requirements.
- Play a key role in system implementations that impact PWM accounting.
- Ensure maintenance of effective internal controls and appropriate accounting procedures for PWM, including evaluation of processes and controls for compliance with SOX.
- Prepare annual financial statements and coordinate the audit (prepare GAAP checklist, answer questions from external auditors, coordinate comments on the financial statements).
- Support other ad-hoc special projects.


You could be a great fit if you have: 
- Bachelor’s degree in Accounting, Finance, or related field.
- At least 6 years of experience at a Big four accounting firm or mix public accounting/SEC reporting experience.
- Progressive track record of success in managing within an accounting organization.
- Experience with ASC 606 is preferred.
- Banking or financial services experience is preferred.
- Attention to details.
- Excellent written and verbal communications.
- Proficient in Excel, and experience with Oracle preferred.
- CPA or equivalent professional certifications preferred.
- Series 27 license is 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.

Let's stay in touch

We’re always on the lookout for top talent and are adding new jobs every week.
Connect with us