Analyst, Portfolio Management, Lender Finance

COMPANY DESCRIPTION:  Forbright Bank is a full-service bank, commercial lender, and asset manager headquartered in Chevy Chase, Maryland. Forbright is a banking and financing visionary leader in clean energy, healthcare, technology, financial services, real estate, and other industries with extraordinary service.

COMPANY CULTURE:  We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible environmental, social, and governance (ESG) practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

COMPANY MISSION:  We are a mission-driven institution with an uncommon commitment to decarbonization and sustainability. As the need to build a more sustainable, low-carbon economic system grows increasingly urgent, we are dedicating capital to financing the companies, investors, and innovators driving that change. We are reimagining how a bank should operate in a changing world.

JOB SUMMARY:  This position will be part of the team leading and managing credit risk for the Lender Finance Portfolio at Forbright Bank. The Analyst, Portfolio Management, Lender Finance will monitor loan performance, identify potential issues, and minimize the risk of loss for the Bank, with oversight from the Portfolio Management Directors.

DUTIES AND RESPONSIBILITIES:

• Monitor operating performance, financial condition, and credit risk for assigned borrowers to proactively identify issues and resolve problems in a timely and effective manner
• Act as a primary daily point of contact with assigned borrowers to ensure compliance with loan agreements and the borrower is performing at an acceptable level. Oversee the daily needs of the borrowers to ensure borrower funding requests and other borrower requests are fulfilled.
• Analyze borrowing bases on revolvers and draw requests on delayed draw term loans
• Create, prepare, and update loan tracking information reports to be shared with and analyzed by the Specialty Lending and executive team of the Bank
• Effectively communicate identified credit risks and recommended actions to the Lender Finance managing directors and Portfolio directors
• Ensure that required borrower reporting is received on a timely basis
• Perform financial analysis on reporting provided by borrowers, tracking the trends and developments which may impact loan performance
• Complete the risk rating, criticized asset management, and review processes for assigned borrowers, with oversight from the Portfolio Management directors
• Complete special projects and other duties on an as needed basis
• Supervises assigned employees by organizing and monitoring work progress
• Maintains staff by recruiting, selecting, orienting, and training employees
• Manages performance of employees through development, coaching and counseling

QUALIFICATIONS:

• Bachelor's Degree or higher required
• 0-1 year 0-1 years of commercial lending experience with relevant internship and coursework in business administration, finance, economics, or accounting required
• Acute attention to detail with the ability to think critically and independently
• Comfortable with quickly raising potential, material issues and negative trends to the Lender Finance management team as soon as identified, even if the team member isn’t 100% confident in their assessment
• Willingness to learn how to read and interpret loan and legal documentation
• Well-developed organizational skills, including the ability to multi-task and prioritize work, with priorities changing throughout the week
• Exceptional attitude and commitment to teamwork
• Strong quantitative and qualitative analytical skills, with a willingness to learn new analysis techniques and methods
• Excellent written and verbal communication and interpersonal skills, including casually socializing with others on customary video / phone calls
• A foundational understanding of accounting and finance matters with a willingness to learn additional topics relevant to Specialty Finance
• High proficiency with Excel and other Microsoft Office products

POSITION REQUIREMENTS:  The requirements described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. Work is conducted primarily in an office; however, some positions may be conducted remotely via technology. While performing duties of this job, the employee may be regularly required for prolonged periods of time to:

• Sit or stand at a desk
• Walk, stoop down, crouch, kneel or bend over
• Use hands and fingers
• Utilize a computer monitor with visual acuity
• Operate technology and other office machinery such as printers, fax machines, scanners, etc.
• Communicate clearly both verbally and in writing with others

ADDITIONAL DUTIES: For Forbright Bank to remain efficient and nimble as a growing organization, team members are expected to exhibit a high level of flexibility regarding any duties that may be situationally assigned outside of this job description.

PERKS/BENEFITS:

-Comprehensive health, dental, and vision plans

-4 weeks PTO

-401k company match

-Metro SmartTrip benefits ($50/mo)

-Remote or hybrid work schedules for most positions

-Bonuses for purchasing solar panels, electric vehicles, biking to work, etc.

-Paid subscriptions to Veterans Compost, Imperfect Foods, and more!

-Best Workplaces for Commuters 2023 winner

-The Washington Post Top Workplaces 2023 winner