Assistant Vice President or Vice President - Underwriting, Healthcare Finance

Chevy ChaseFull Timeexecutive

OtherHealthcareAssistant Vice President

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Overview

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.

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OtherHealthcareAssistant Vice President

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 Assistant Vice President or Vice President works closely with the Director’s of the Healthcare Finance Division to grow the Healthcare Finance business. The Healthcare Finance business provides asset-based, real estate, solar, HUD, and construction lending to providers of healthcare throughout the United States. The majority of loans within the portfolio are directly originated by the Healthcare Lending team but the Bank will opportunistically participate in larger loans. The main functions of this position are to: analyze, structure, and close loan opportunities; and develop and manage borrower and business partner relationships.

Analyze potential direct loan origination opportunities and loan participation opportunities to providers of healthcare services and owners of healthcare real estate

Work with internal and external counsel to document and negotiate new loans

Prepare loan approval write-ups to present to the Bank’s credit committee

Oversee and review the work of Analysts and Associates

Coordinate loan closings with operations team

Develop and maintain relationships with clients and other business partners

Work with portfolio management team to monitor and track the financial performance of companies in the loan portfolio and prepare performance update memorandums

Periodically assist with monitoring and managing borrower relationships after closing of transactions

Perform other duties as assigned

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

Associates Degree required; Bachelor’s Degree preferred

Minimum of 6 years (AVP) or 8 years (VP) of experience in audit, credit analysis, investment banking, M&A transaction services, financial rotational programs, loan underwriting or HUD underwriting required

Healthcare experience preferred

Finance & Accounting\Certified Public Accountant (CPA) preferred

Finance & Accounting\Chartered Financial Analyst (CFA) preferred

Outstanding quantitative and qualitative analytical skills, including financial modeling

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

Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel), including Excel based modeling

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