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Forbright Bank

Posted 22 days ago

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Vice President, Lender Finance, Underwriting

Chevy Chase, MDHybridFull-time

AI Summary

Analyzes, evaluates, structures, and closes asset-based loans for lender and fund finance strategies; monitors borrower relationships; leads due diligence and investment recommendations; constructs financial models and sensitivity analyses; supervises staff and coordinates deal closings with bank operations.

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 Vice President works closely with the Directors and Managing Directors of Structured Finance to grow and build out the Structured Finance practice at the Bank. The main function of the Vice President is to analyze, evaluate, structure, and close asset-based loans for the Lender Finance and Fund Finance lending strategies. The Vice President also monitors and manages borrower relationships after closing of the transaction. The Vice President has the opportunity to lead deals working closely with a Director or Managing Director.

DUTIES AND RESPONSIBILITIES:

  • Participate in meetings with private equity sponsors and borrowers to develop an understanding of a company

  • Review materials including confidential investment memorandums, management/lender presentations, and other documents

  • Evaluate senior financing requests to determine credit quality of opportunities and appropriate loan structures.

  • Identify specific merits, risks, and mitigants for each transaction and perform market, industry, and sponsor due diligence

  • Lead due diligence on loan and investment opportunities working closely with a Managing Director

  • Create an investment thesis (go / no go decision) for each transaction and make investment recommendations to the Managing Director

  • Advocate for and present deals for approval to the Bank’s Officers Loan Committee

  • Construct and maintain detailed financial models and develop sensitivity analyses and generate internal approval memoranda and draft term sheets

  • Assist in all aspects of origination activity leading to the closing of new transactions

  • Proactively monitor and enforce the terms of the loan agreement for lending relationships in conjunction with the portfolio management team

  • Maintain continuing dialogue with borrowing clients to promote “sticky” positive working relationships

  • Coordinate investment closings with the Bank’s operations team

  • Perform other duties as assigned

SUPERVISORY RESPONSIBILITIES:

  • Supervise assigned employees by organizing and monitoring work progress

  • Maintain staff by recruiting, selecting, orienting, and training employees

  • Manage performance of employees through development, coaching, and counseling

QUALIFICATIONS:

  • Associate’s Degree required; Bachelor's Degree preferred

  • 8 years minimum of overall relevant financial services, investment banking or lending experience required; 5-6 years of Fund/Lender Finance experience strongly preferred

  • Minimum of 1 year in a manager role preferred

  • 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

  • Outstanding quantitative and qualitative analytical skills, including financial modeling in lender/structured finance

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

Skills

AccountingAsset-based LendingDue DiligenceExcelFinancial ModelingFinancial Statement AnalysisFund FinanceInvestment MemorandumsLender FinanceLoan Agreement MonitoringMicrosoft Office (Excel, Word, PowerPoint, Outlook)Portfolio ManagementSensitivity AnalysisStructured FinanceTerm Sheets

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