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 Associate, Real Estate Finance, is part of the team underwriting and originating Commercial Real Estate finance products at Forbright Bank. This role is responsible for assisting the Real Estate Finance Managing Directors and Directors (the “Originator(s)”) with underwriting lending opportunities and achieve real estate origination goals while simultaneously maintaining acceptable credit quality and return targets.
DUTIES AND RESPONSIBILITIES:
Assist Originators with: (1) Commercial real estate financial modeling and analysis; (2) Preliminary screening of prospective financing opportunities; (3) Evaluating financing requests to determine credit quality of opportunities
Maintain detailed financial models and develop sensitivity analyses
Perform market, industry, and sponsor due diligence. Market research to include trends that impact a property and the competitive environment that it operates in. Determine demand and supply impacts on property vacancy, rent growth, capitalization rates, and property value
Gather information and diligence materials including appraisals, environmental reports, and property physical inspections. Assess the guarantor's financial position to determine the quality of this additional credit support, if any
Ensure loan documentation and credit files are timely updated and maintained in the Bank’s internal document retention system in compliance with internal procedures and banking guidelines
Facilitate loan closings ensuring that legal documentation, 3rd parties/due diligence, and internal processing requirements are completed and processed per credit policy
Assist with Portfolio Management, as needed, on modifications, extensions, risk ratings, and other asset management issues.
Communicate effectively and interact with all levels of management and other departments
Perform other duties as assigned
QUALIFICATIONS:
Bachelor's Degree from a 4-year accredited institution required
Minimum of 4+ years of commercial real estate financial modeling experience with a bank, real estate development/operating company, real estate private equity firm, commercial real estate brokerage operations, or commercial finance company required
Outstanding quantitative and qualitative analytical skills
Strong knowledge of finance and accounting
Ability to work under pressure on multiple projects in parallel while still meeting deadlines
An ability to synthesize information from various sources and comprehend multiple, distinct points of views on any given topic
Demonstrated experience in financial modeling for sophisticated commercial real estate deals that vary in size and complexity
Strong oral and written communications skills with the ability to express ideas in a persuasive, organized, and articulate manner
Highly motivated business professional, able to thrive in small team environment
Extensive and strong knowledge of Excel, to include financial modeling and CoStar
Outstanding organizational, problem-solving, and time management skills
The pay range for this position is below. The specific rate will depend on the successful candidate’s qualifications and prior experience. $85,000 (entry level qualifications) to $110,000 (highly experienced).
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 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!
• Best Workplaces for Commuters 2023 & 2024 winner
• The Washington Post Top Workplaces 2023, 2024, and 2025 winner
• American Banker Best Banks to Work For 2023 winner
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.
