Vice President
Forbright Bank
Vice President
Forbright Bank
Digital-first bank financing decarbonization initiatives
Salary Range: 160000 to 180000 (Currency: USD) (Pay period: per-year-salary)
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
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
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.
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