Senior Associate, Corporate Finance

Forbright Bank; Chevy Chase (MD); Hybrid; USD 105,000 - 120,000; Full time

Benefits offered by this job

Health, dental, and vision plans

Remote or hybrid work schedules

4 weeks PTO

401k + company match

Transit benefits

Job summary

Forbright Bank is seeking a Senior Associate to oversee underwriting and ongoing portfolio management. The role includes reviewing confidential investment memorandums, conducting due diligence, and monitoring the loan portfolio with quarterly reviews.

Candidates should have a minimum of four years in finance or accounting, strong Excel modeling, and familiarity with CapitalIQ, PitchBook, and Bloomberg. Remote or hybrid work arrangements are available, with a pay range of $105,000 to $120,000 per

Qualifications

• High School Diploma or GED required;Bachelor’s Degree in accounting, finance, economics or another quantitative degree preferred
• Minimum of 4 years of experience in finance or accounting or related field
• Strong analytical and quantitative skills;knowledge of debt finance products and credit risk across sectors
• Proficiency with Excel-based modeling;familiarity with CapitalIQ, PitchBook, Bloomberg and MS Office

Responsibilities

• Participate in meetings with borrowers to understand a company
• Prepare and review investment memorandums and due diligence reports
• Review financial statements and sponsor models to understand business trends
• Monitor portfolio and participate in quarterly credit discussions
• Assist in reviewing legal documents and document final investment terms
• Support BancAlliance activities and ensure timely deliverables
• Perform other duties as assigned

Skills

Strong analytical skills

Excel modeling

Communication skills

Time management

Team collaboration

Education

Bachelor’s Degree in accounting/finance/economics or quantitative field

High School Diploma or GED

Tools

CapitalIQ

PitchBook

Bloomberg

Microsoft Office Suite

Job description

COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter futurefor our clients and the communities we serve.Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors andcreative 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:

TheSenior Associateis responsible forreviewing new transactions (“Underwriting”) and ongoing monitoring and ownership of the existing portfolio (“Portfolio Management”). Thisrolehelpsoverseea portfolio of loans that they have helped underwrite,providingan opportunity to learn from the full cycle of an investment.

DUTIES AND RESPONSIBILITIES:

• Participate in meetings with private equity sponsors and borrowers to develop an understanding of a company

• Prepare and review the following:

  • Materials including confidential investment memorandums, management/lenderpresentationsand other documents
  • Third-party diligence reports including quality of earnings, industry/market studies, operational diligence, environmental diligence, and others
  • Financial statements, sponsormodelsand all other relevant financial information to understand business trends including segment performance, customer growth, etc.
• Participate in the process for amendments,waiversand restructurings of borrowers within the assigned portfolio
• Identifyattributes of a company which support the investment thesis as well as factors which pose a risk to the business. Identifyand describe mitigating factors present in the business, structure of the credit, etc. which offset the risks identified
• Perform industry research to understand macro trends that impact a company and the competitive environment that it operates in
• Create and write detailed investment memorandums which outline the opportunity
• Assist in reviewing legal documents to ensure the Bank’s understanding of key business terms. Work with external legal counsel to document final investment terms
• Actively monitor the assigned portfolio on an ongoing basis. Participate in real-time credit discussions as well as scheduled quarterly reviews throughout the life of the loan
• Ensure timely receipt of deliverables and manage the credit file for the assigned portfolio
• Support the activities of BancAlliance, a network of community banks advised by Alliance Partners, a subsidiary of Forbright Bank
• Perform other duties as assigned

QUALIFICATIONS:

• High School Diploma (or GED)required;Bachelor’s Degreewith a focus on accounting, finance,economicsor another quantitative degree preferred
• Minimum of 4 years of experience in a public accounting, financial consulting, valuation,leveragedfinance, investment banking, or another area of finance or accountingrequired
• Strongquantitative and qualitative analytical skills
• Knowledge of finance and accounting, including financial statement analysis
• Understanding of debt finance products and services, riskmanagementand credit quality across different industry sectors
• Work under pressure on multiple projects in parallel while still meeting deadlines
• Synthesize information from various sources andcomprehendmultiple, distinct points of views on any given topic
• Strong Excel-based modeling skills preferred
• Familiarity withCapitalIQ, Pitchbook, Bloomberg, and other market data sources preferred
• Proficiencywith 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

$105,000 - $120,000 a year

The pay range for this position is above. The specific rate will depend on the successful candidate’s qualifications and prior experience $105,000 (entry level qualifications) to $120,000 (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 (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 astandard, reflected in theprecisionof 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 innew 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: Wefocusour energy where we add value. We avoidthe commoditizedandthe ordinary, choosing to compete through insight, specialization,technologyand service.By concentrating on areas whereexpertisematters 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, driveimpactand 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. Weallocatecapital 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,maintainstrong 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 inclusiveopportunityand 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.

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

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.