First Republic Bank Reviews | Glassdoor

First Republic Bank Reviews

Updated December 16, 2017
251 reviews

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251 Employee Reviews

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  1. "Great company culture"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time

    Pros

    Phenomenal commitment to its culture of client service.

    Cons

    Flatness of organization can be frustrating to some but a big plus to others! It certainly is for me.

    Advice to Management

    Embrace change management.


  2. Helpful (3)

    "No room for advancement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time (Less than a year)

    Pros

    Student loan pay down program, 401k match

    Cons

    Terrible management that doesn't do anything other than text on their phone the whole day. Bad attitudes. No room for advancement.

    Advice to Management

    Interesting that Grow is one of the company's value but having applied to numerous positions in different departments to do something else within the bank...good luck! The bank likes to hire outsiders or contractors rather than to train and promote from within. You're just stuck in your current position.

  3. "Great entry level job."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Advisor Onboarding Associate in San Francisco, CA
    Former Employee - Advisor Onboarding Associate in San Francisco, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at First Republic Bank full-time (More than a year)

    Pros

    Lots of different projects, growing company, great learning opportunities. Benefits are great: fitness stipend, commuter benefits, student loan assistance, subsidized cafe if you work in SF.

    Cons

    Better planning for projects. Better communication amongst different departments and between associates and managers. Also, middle management could perhaps use more training.

    Advice to Management

    Better communication with all of those involved in projects.


  4. Helpful (5)

    "Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at First Republic Bank full-time

    Pros

    Good Benefits, nice people, subsidized cafe, Gym stipend

    Cons

    Old technology, old school mentality no working from home, no flexible schedules. Hires over qualified people who end up leaving. Not innovative, uneasy environment

    Advice to Management

    Head of Security has a bit of an ego and a bully.


  5. "Excellent company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at First Republic Bank full-time

    Pros

    They aim to serve high net worth clients, and the culture reflects the higher level of service expected, which was a plus for me

    Cons

    There are cliques and difficult to break in if you're not in the "in" group


  6. Helpful (2)

    "Lack of diversity, old school"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time

    Pros

    Unique culture with an emphasis on relationships, compensation is good.

    Cons

    There is a real lack of diversity with management. Leadership roles are occupied by white males with old school mentality. This bank operates as an old school bank with outdated technology that cannot keep up with it's own growth.

    Advice to Management

    Work on the diversity. There should be more females and minorities in leadership positions.


  7. Helpful (4)

    "IT Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Senior Manager in San Francisco, CA
    Former Employee - IT Senior Manager in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at First Republic Bank full-time (More than 3 years)

    Pros

    Benefits are above average. Good pay.

    Cons

    Contractors are treated as disposable.

  8. "Credit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at First Republic Bank full-time

    Pros

    - friendly
    - great benefits
    - cafe with good food
    - good pay

    Cons

    - There is no cons

    Advice to Management

    Keep up the good work


  9. "Loan Administrator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Loan Administrator in San Francisco, CA
    Current Employee - Senior Loan Administrator in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time (More than a year)

    Pros

    Great Company with great profitability

    Cons

    little advancement for people trying to transfer departments

    Advice to Management

    Make clear paths for advancement


  10. Helpful (3)

    "FRB"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at First Republic Bank full-time (More than a year)

    Pros

    Great benefits, great colleagues, subsidized cafe and other perks. I have to say the environment can be good , if your team is great, but some managers and executives do not make it easy for you.

    Cons

    - No training at all, if you cannot pick it up they give you zero to little time to succeed at your role.
    - Favoritism at its finest, if you are not well liked then I wouldn't bother working as hard as you do. You will not get acknowledge, even if your team thinks your doing a wonderful job your manager will not acknowledge it.
    - Managers will do anything to cover up the bad and make it sound like their suffering on a employee's performance when in reality there was no training or good foundation for any employee to do their job.
    - If you have a problem, you are wasting your time reaching out to higher executives because you wont be heard. They don't have the "time" to deal with that, and they rely on the people who report to them to give them at update (which sucks but true).
    - Lack of communication. It was hard to work when your're not informed and then your manager tries to enforce you to get it done as soon as possible without any type of warning.
    - Some managers shouldn't be managers or they need to go through management training.
    - Some managers do not follow the same standards they expect their employees to follow.
    - Sometimes its not a friendly environment.

    Advice to Management

    Managers need to be trained before they get into a management role. Management needs to make an effort to train employees, there is never no time to train otherwise FRB will always fail to find a good employee. Executives should really start to question their teams they look over why people are leaving and why there is no training or process in place for certain roles. I get the bank is busy but there is always room or learning. Treat your employees better, if FRB is all about customer service I would expect the same standard as treating your employee the same way.


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