Senior Analyst/Associate, Underwriting, Healthcare Lending

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 Senior Analyst or Associate works closely with the AVP's and VP's of the Healthcare Lending Division to grow the Healthcare Lending business. The Healthcare Lending business provides asset-based, real estate, 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 function of this position is to assist the AVP's and VP's with analyzing, evaluating, documenting, and closing loan opportunities.

• Analyze potential direct loan origination opportunities and loan participation opportunities to providers of healthcare services and owners of healthcare real estate 
• Model financial projections and run sensitivity analyses to assess a firm’s potential to repay its loan under various economic scenarios 
• Perform financial due diligence on target companies 
• With oversight, prepare loan investment approval write-ups to present to the Bank’s credit committee 
• Coordinate investment closings with the Portfolio Management and Operations teams 
• Work with Portfolio Management team to monitor and track the financial performance of companies in the loan portfolio, and with oversight, prepare performance update memorandums 
• Perform other duties as assigned  

• High School diploma required; Bachelor's Degree preferred 
• 1+ year of experience in audit, credit analysis, investment banking, M&A transaction services, financial rotational programs, loan underwriting, or HUD underwriting role required 
• Healthcare lending experience is preferred 
• Outstanding quantitative and qualitative analytical skills, including financial modeling 
• Strong financial statement analysis skills with a firm grasp of accounting and finance matters 
• Exceptional attitude and commitment to teamwork 
• Strong oral and written communication skills 
• Outstanding organizational and time management skills 
• Proficiency with Excel based modeling and other Microsoft Office products 

The pay range for this position is below. The specific rate will depend on the successful candidate’s qualifications and prior experience. $70,000 (entry level qualifications) to $95,000 (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

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

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

• Best Workplaces for Commuters 2023 & 2024 winner

• The Washington Post Top Workplaces 2023 & 2024 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.