Salary Range: 160000 to 180000 (Currency: USD) (Pay period: per-year-salary)

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.

Please note this role is 4x/week in-office at our Chevy Chase, MD headquarters.

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

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

POSITION REQUIREMENTS: We are committed to creating an inclusive workplace where all employees are capable of performing their job position. Work is primarily conducted in an office setting while certain positions may allow for remote work through the use of technology at management discretion. The functions described below are representative of those to successfully perform duties of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. While performing duties of this job, the employee may be regularly required for extended periods of time to:

• Remain in a stationary position

• Use hands and fingers

• Utilize a computer monitor with visual acuity

• Operate technology or other office machinery such as printers, scanners, etc.

• Communicate clearly verbally and/or 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 (4 days per week in-office) work schedules for most positions

• Incentives for purchasing solar panels, electric vehicles, biking to work, etc.

• Paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more!

• The Washington Post Top Workplaces winner for four consecutive years (2023-2026)

CORE PRINCIPLES:

• Excellence: Excellence is not a goal, but a standard, reflected in the precision of our work and the quality of our decisions. Excellence is a discipline that compounds over time and creates lasting value; it must be measured and managed.

• People: Our people are our greatest strength. We foster a culture of respect, inclusion, and ambition - where everyone matters. We celebrate collaboration and teamwork and prize loyalty - to one another, the company, our mission, and values.

• Innovation: We invest boldly in technology, harnessing innovation not for its own sake but to make banking and lending better, faster, and smarter for our clients, more efficient for our team, and more profitable for our shareholders. By combining human insight with technological excellence, we strengthen our ability to serve, to adapt, and to succeed in a changing world. Innovation is a continuous investment in new ideas.

• Sound Practices: Our foundation rests on prudence, care, integrity, and discipline. We manage credit and business risk with rigor and fundamentals-based judgment, act with transparency, and uphold the highest standards of corporate governance and regulatory compliance to ensure sustainable growth and enduring financial strength.

• Distinct Value: We focus our energy where we add value. We avoid the commoditized and the ordinary, choosing to compete through insight, specialization, technology and service. By concentrating on areas where expertise matters and relationships endure, we create differentiation that is defensible and lasting.

• Clients: We exist to advance our clients’ success and to help them grow. We listen deeply, think creatively, and deliver solutions that solve problems, drive impact and add value. Every client relationship is built on partnership, performance, and purpose.

• Shareholders: We are committed to creating exceptional value for our shareholders. We invest for the long term and view our shareholders as partners – not observers - in value creation. We allocate capital wisely, execute with precision, and continuously adapt our business model to pursue the most attractive, risk-adjusted returns. We work to make rational decisions, avoid unnecessary complexity, maintain strong liquidity and capital, and communicate with clarity and honesty. We measure success both by current performance and by the durability and quality of the long-term value we build.

• Communities and the Environment: We believe prosperity and responsibility go hand in hand. We invest in inclusive opportunity and environmental stewardship. Our goal is simple - to do our part build a brighter, more sustainable future for the communities we serve and the world we share.

It is the policy of Forbright Bank to provide equal employment opportunities to all qualified individuals and to administer all aspects and conditions of pre-employment and employment without regard to protected characteristics.

Employment with Forbright Bank is at-will, which means that either you or the Company may terminate the relationship at any time.

By applying, you acknowledge that you have reviewed our CCPA Privacy Notice.

About the company

Forbright Bank finances the transition to a sustainable, low-carbon economy by blending a digital-first consumer banking platform with a nationwide middle-market lending and asset management business. Consumers use online and branch banking products like high-yield savings, CDs, checking, and retirement accounts, while businesses receive customized senior secured financing and advisory services, backed by a Green Financing Framework that allocates at least half of assets to decarbonization projects. It differs from competitors through an explicit sustainability mandate, a combined digital and middle-market model, and a focused client base in healthcare, real estate, and technology. Its goal is to scale sustainable finance to fund a clean-energy economy and broaden access to capital for individuals and businesses.

Company Size

N/A

Company Stage

IPO

Headquarters

Chevy Chase, Maryland

Founded

N/A

Simplify's Take

What believers are saying

June 2026 IPO raised $142.2 million, giving Forbright fresh capital for growth.
Q2 2026 assets reached $8.5 billion, and deposits grew 1.8% to $7.3 billion.
July 30, 2026 Asset Finance closed its first equipment financing transaction ahead of plan.

What critics are saying

FDIC's May 3, 2024 consent order still constrains Forbright's asset growth and funding model.
Forbright sold $750 million in D.C.-area deposits to Trustar, shrinking branch-based funding by Q4 2026.
Brokered sweep dependence and repeated regulators' orders threaten another enforcement action before 2027.

What makes Forbright Bank unique

Forbright's June 11, 2026 Nasdaq IPO crowned a nationwide middle-market lender, digital bank, and asset manager.
John Delaney grew assets from $1.9 billion in 2020 to $8.5 billion in June 2026.
Forbright's Green Financing Framework targets renewable energy, efficiency, green buildings, and sustainable transportation.

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Benefits

Health Insurance
Dental Insurance
Vision Insurance
4 weeks PTO
401(k) + company match
Remote or hybrid work schedules for most positions

Company News

Ideals Work Financial

Aug 22nd, 2026

Virginia lender to acquire Forbright's DC-area branches.

Virginia lender to acquire Forbright's DC-area branches. 22/08/2026 by Qodriyah Rosdi Tax Moves Virginia lender Trustar Bank will acquire Forbright Bank's Washington, D.C., area branches, adding $750 million in local deposits to its balance sheet. The deal, announced Friday, is expected to close in the fourth quarter. The $1.14 billion-asset Trustar, founded in 2019 as the region's first de novo bank since 2008, plans to add the six branches to its existing footprint. The transaction allows Forbright, a $8.5 billion-asset bank, to shed its physical branches in Potomac and North Bethesda, Maryland, and a customer service hub in McLean, Virginia. Forbright will retain its headquarters in Chevy Chase, Maryland, but the deal clears the path for the bank to concentrate on its national digital banking platform and middle-market commercial lending strategy. Trustar's CEO, Shaza Andersen, called the acquisition a strategically aligned opportunity to strengthen the lender's presence in core markets. Trustar noted that the purchase price includes a $19 million deposit premium. The bank expects the tie-up to be accretive to earnings through 2027. Andersen emphasized that the team places a high value on personal connections and trust. The goal is to ensure a seamless transition for customers and employees joining the Trustar family. Forbright's former congressman and founder, John Delaney, stated that the national businesses have reached a scale where the bank can focus capital and management attention on areas of competitive advantage. Forbright CEO Don Cole clarified that none of the bank's national lending or national digital deposits are involved in the transaction. The restructuring is intended to make the bank more focused and efficient. Forbright has a history dating back to 2003 as Congressional Bank, rebranding in 2022. However, the bank has faced regulatory scrutiny. It has weathered at least two consent orders from regulators, including a May 2024 action from the FDIC. The agency ordered Forbright to limit asset growth and adjust its funding model due to "reliance on noncore funding." The bank also received a downgrade to its Community Reinvestment Act rating last year. The regulatory issues stem from brokered sweep deposits, which are sometimes viewed as "hot money" because they migrate toward higher interest rates. In December 2022, the FDIC and the Maryland Office of Financial Regulation ordered the bank to address anti-money laundering controls and board oversight. Those orders were terminated in 2023. Forbright's leadership framed the divestiture as a necessary step to ride out structural shifts in the banking industry. The bank's press release suggested that spreading resources across non-core businesses prevents value creation. "Every minute spent chasing distractions is a minute not building things that create disproportionate value," the statement read. The bank intends to concentrate its energy where expertise matters and relationships endure. Trustar will assume the deposits and related liabilities at the acquired locations. This expansion helps the Virginia bank deepen its roots in the Washington metropolitan area. [1]Regulators seek clarity on financial risk rule standards, a consideration for banks expanding their footprints.

Business Wire

Aug 21st, 2026

Trustar Bank acquires $750M in deposits from Forbright Bank branches for $19M

Trustar Bank has signed an agreement to acquire three branches from Forbright Bank for approximately $19 million. The deal includes branches in Potomac and North Bethesda, Maryland, and a customer service hub in McLean, Virginia, along with roughly $750 million in local deposits. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approval. Trustar anticipates the acquisition will be accretive to 2027 earnings. Shaza Andersen, Trustar's chief executive officer, said the deal will strengthen the bank's presence in its core markets and add valuable deposits and relationships. Upon closing, the acquired branches will be converted to operate as Trustar Bank branches. Trustar Bank, founded in 2019, currently operates branches across Virginia, Maryland, and Washington, D.C.

Banking Dive

Aug 21st, 2026

Virginia lender to acquire Forbright's DC-area branches.

Virginia lender to acquire Forbright's DC-area branches. The transaction, set to close in the fourth quarter, adds three locations and $750 million in deposits to Trustar's footprint. That frees Forbright to focus on national digital lending. Published Aug. 21, 2026 Trustar Bank will acquire Forbright Bank's Washington, D.C., area branches, giving the Great Falls, Virginia-based lender an extra $750 million in local deposits, the banks said Friday. The transaction, expected to close in the fourth quarter, frees up Forbright to drill down on its national digital banking platform, middle-market commercial lending strategy and fee-based advisory business, the Chevy Chase, Maryland-based bank said. "Our national businesses have reached the scale and momentum that allow us to focus our capital, technology, and management attention where our competitive advantages are strongest," John Delaney, the Democratic former congressman who founded Forbright, said in a statement Friday. The $8.5 billion-asset Forbright will hold onto its Chevy Chase headquarters but shed branches in Potomac and North Bethesda, Maryland, along with a customer service hub in McLean, Virginia. Trustar will add those locations to its six-branch footprint. The $1.14 billion-asset lender launched in 2019 as the capital region's first de novo since 2008. "This is a unique, strategically-aligned opportunity to strengthen Trustar Bank's presence in our core markets, and add valuable deposits and relationships, positioning Trustar for growth," the bank's CEO, Shaza Andersen, said Friday. "This transaction will efficiently add scale to our franchise and create long-term value for our shareholders." The purchase price represents a $19 million deposit premium, Trustar noted, adding that it expects the tie-up to be accretive to 2027 earnings. "We look forward to welcoming Forbright customers and employees to the Trustar family and to providing our comprehensive range of banking products and services at these new locations," Andersen said. "Our team places a high value on personal connections and trust, and we are focused on ensuring a seamless transition while building on the valued relationships Forbright Bank has established." Forbright, meanwhile, emphasized that none of its national lending or national digital deposits were involved in the transaction. "The results across our nationwide businesses are accelerating, and the structural shifts in banking are real and durable," Forbright CEO Don Cole said in a statement Friday. "Our job is to position Forbright to be in front of these trends, not to spread ourselves across non-core businesses. This transaction is about becoming more focused, more efficient, and better positioned for long-term growth." The bank's language was more pointed. "Every minute spent chasing distractions is a minute not building things that create disproportionate value," the bank wrote in its press release. "The Bank focuses energy on areas where expertise matters, relationships endure, and where it can create tenable and lasting differentiation." Forbright, a private lender that offers environmentally conscious online banking and direct lending products, launched in 2003 as Congressional Bank. It rebranded to its current name in 2022. Since then, however, it has weathered at least two consent orders from regulators. The Federal Deposit Insurance Corp. ordered Forbright in May 2024 to limit its asset growth and adjust its funding model after the agency deemed the bank's "reliance on noncore funding" as a liquidity risk. The noncore funding came from brokered sweep deposits, a type of deposit sourced from uninvested cash in customer accounts. Brokered sweep deposits are sometimes seen as "hot money" because they migrate toward higher interest rate yields and are less "sticky" than typical retail deposits. In an earlier December 2022 action, the FDIC and Maryland Office of Financial Regulation ordered Forbright to address anti-money laundering, counterterrorism financing controls, board oversight and third-party risk management.

MarketBeat

Aug 14th, 2026

Short interest in Forbright, Inc. (NASDAQ:FRBT) declines by 67.7%.

Short interest in Forbright, Inc. (NASDAQ:FRBT) declines by 67.7%. August 14, 2026 Key points. * Short interest in Forbright fell 67.7% to 39,463 shares as of July 31, representing just 0.1% of shares outstanding and 0.3 days to cover. * Forbright reported quarterly EPS of $0.09, missing the $0.13 consensus estimate, while revenue of $84.87 million was slightly below expectations. * Analyst sentiment is moderately bullish, with a consensus "Moderate Buy" rating and a $22.60 price target; the stock recently traded at $19.32. * Five stocks we like better than Forbright. Forbright, Inc. (NASDAQ:FRBT - Get Free Report) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 39,463 shares, a decline of 67.7% from the July 15th total of 122,070 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 138,208 shares, the days-to-cover ratio is presently 0.3 days. Forbright price performance. FRBT stock traded down $0.11 during midday trading on Friday, reaching $19.32. The company had a trading volume of 40,705 shares, compared to its average volume of 137,708. The company's 50-day moving average is $19.02. Forbright has a 1 year low of $17.48 and a 1 year high of $22.00. Forbright (NASDAQ:FRBT - Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.04). The company had revenue of $84.87 million for the quarter, compared to the consensus estimate of $85.24 million. On average, research analysts expect that Forbright will post 1.09 EPS for the current fiscal year. Analyst ratings changes. A number of research firms have weighed in on FRBT. The Goldman Sachs Group initiated coverage on Forbright in a report on Monday, July 6th. They set a "buy" rating and a $23.50 target price for the company. Zacks Research raised shares of Forbright to a "hold" rating in a research note on Tuesday, July 7th. Wall Street Zen upgraded shares of Forbright from a "sell" rating to a "hold" rating in a research note on Monday, July 20th. TD Cowen initiated coverage on shares of Forbright in a report on Monday, July 6th. They issued a "buy" rating on the stock. Finally, JPMorgan Chase & Co. increased their price objective on Forbright from $21.00 to $23.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $22.60. Discover more Stock split calculator About Forbright. Forbright Inc operates as the bank holding company for Forbright Bank which provides various financial services for consumers and businesses principally in the United States. It offers checking and savings accounts, certificates of deposit, and other account and branch banking services and corporate, fund, healthcare, lender, and real estate financing as well as credit cards. Forbright Inc is based in Chevy Chase, Maryland. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Forbright, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Forbright wasn't on the list. While Forbright currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public. Discover more Earnings screener tool Stock profit calculator Earnings call transcripts

IPO Scoop

Jun 12th, 2026

Forbright

Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums), is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. The SCOOP ratings should not be taken as investment advice. The rating merely reflects the opinion of the professionals at the time of publication and is subject to last-minute changes due to market conditions, changes in a specific offering and other factors, such as changes in the proposed offering terms and the shifting of investor interest in the IPO. The information offered is taken from sources we believe to be reliable, but we cannot guarantee the accuracy.

Forbright Bank

Vice President, Structured Finance - Lender Finance, Underwriting

About the job