Senior Associate/Assistant Vice President
Forbright Bank
Senior Associate/Assistant Vice President
Forbright Bank
Digital-first bank financing decarbonization initiatives
Monitor operating performance, financial condition, and credit risk for assigned borrowers/client relationships to proactively identify issues and resolve problems in a timely and effective manner
Ensure that required borrower reporting is received on a timely basis
Perform and/or review, on a timely basis, financial analysis on reporting provided by borrowers, tracking trends, key performance indicators, and developments which may impact loan performance
Effectively communicate identified credit risks and recommended actions to senior management
Research, propose, and prepare modification approval write-ups, working closely with the client as well as legal counsel and manager
Actively manage upcoming loan maturities, past dues, and credit quality
Complete and/or actively oversee risk ratings, criticized asset management memos, and review processes for assigned borrowers
Manage Bank resources effectively, including supporting departments such as loan servicing and deposit operations as well as Healthcare Team’s analyst pool assigned specifically to loans
Mentor and manage (indirectly) analyst resources
Ensure timely completion of analyst work, including communication work related to borrower file management within the Bank’s multiple systems for tracking, reporting, and communication
Actively participate in bi-weekly Portfolio Management department meetings and ensure analysts assigned to credits are appropriately prepared to contribute during meetings, as needed
Attend bi-weekly Pipeline meetings and collaborate with the Origination/Underwriting Team to transition new loans from Closing to Portfolio Management
Analyze and approve borrowing bases of asset-based revolvers in the loan portfolio
Ensure loan documentation and credit files are maintained in a timely fashion in accordance with the Bank's procedures and banking guidelines
Stay informed of state and federal healthcare current events and changes to healthcare policies
Participate in the build out a scalable portfolio monitoring infrastructure
Perform other duties as assigned
Bachelor's Degree required
Minimum of 4 – 6+ years of lending or portfolio management experience with a bank or commercial finance company required, dependent on title level
Formal credit training required
A strong understanding of accounting and finance matters
Solid grasp on loan and legal documentation
Outstanding quantitative and qualitative analytical skills
Exceptional attitude and commitment to teamwork
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
Digital-first bank financing decarbonization initiatives
Forbright Bank finances the transition to a sustainable, low-carbon economy through a digital-first consumer banking platform and a nationwide middle-market lending and asset-management business. Consumers can use online and branch services for high-yield savings, CDs, checking, and retirement accounts, while businesses receive customized senior-secured financing and advisory services, with focus areas in healthcare, real estate, and technology. The bank differentiates itself by pledging at least half of its assets to decarbonization projects under its Green Financing Framework, being a UN Principles for Responsible Banking signatory, and combining digital banking with targeted middle-market lending. Its goal is to scale sustainable finance and help fund a clean-energy economy by expanding access to capital for individuals and businesses in a responsible, environmentally focused way.
Explore more opportunities at Forbright Bank