AI Summary

A Senior Associate in Healthcare Finance supports the AVP and VP by analyzing, evaluating, documenting, and closing loan opportunities for healthcare providers and real estate owners.

About this role

COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries.

COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible 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. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future.

JOB SUMMARY: The Senior Associate works closely with the AVP’s and VP’s of the Healthcare Finance Division to grow the Healthcare Finance business. The main function of this position is to assist the AVP’s and VP’s with analyzing, evaluating, documenting, and closing loan opportunities.

DUTIES AND RESPONSIBILITIES:

Analyze potential direct loan origination opportunities and loan participation opportunities to providers of healthcare services and owners of healthcare real estate

Model financial projections and run sensitivity analyses to assess a firm’s potential to repay its loan under various economic scenarios

Perform financial due diligence on target companies

Prepare and present loan investment screening memos to Healthcare Finance leadership

Actively engage with various transaction parties (e.g., borrower, broker, etc.) during such diligence

Prepare loan investment approval write-ups to present to the Bank’s credit committee

Coordinate loan closings with the Portfolio Management and Operations team

Work with portfolio management team to monitor and track the financial performance of companies in the loan portfolio and prepare performance update memorandums

Assist in ad hoc/special projects and other duties on an as needed basis

Perform other duties as assigned

QUALIFICATIONS:

High School diploma required; Bachelor's Degree preferred

Minimum 4 years of experience in audit, credit analysis, investment banking, M&A transaction services, financial rotational programs, loan underwriting or HUD underwriting role required

CPA or CFA is a plus

Healthcare experience is a plus

Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)

Excellent verbal, written, and interpersonal communication skills

Strong organizational skills and attention to detail

Outstanding problem-solving and time management skills

Self-motivated, self-directed, and results-oriented

Adaptable and able to multitask in a fast-paced environment

Can work independently and within a team; solution-oriented with a collaborative approach

Strong financial statement analysis skills with a firm grasp of accounting and finance matters

Skills

AccountingAuditFinancial Due DiligenceFinancial ModelingFinancial Statement AnalysisHUD UnderwritingLoan UnderwritingM&A Transaction ServicesMicrosoft Office (Outlook, Word, PowerPoint, Excel)Sensitivity Analysis

Associate / Senior Associate, Underwriting, Healthcare Finance

About this role

DUTIES AND RESPONSIBILITIES:

QUALIFICATIONS:

Skills

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