Senior Analyst ​/ Associate, Portfolio Management, Healthcare Finance

Associate

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.

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.

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 is part of the team managing credit risk by tracking borrower and loan performance, utilizing a scalable portfolio monitoring infrastructure. This role entails collaboration with team members and internal and external stakeholders to ensure consistency across the portfolio.

DUTIES AND RESPONSIBILITIES:

• Manage portfolio credit risk, ensuring that asset quality remains strong, and executing strategies to limit the risk of loss
• Monitor operating performance, financial condition, and credit risk for assigned borrowers to proactively identify issues and resolve problems in a timely and effective manner
• Manage day-to-day borrowing activity of assigned asset-backed loan (ABL) investments pursuant to Bank policies and procedures
• Perform financial analysis on reporting provided by borrowers, tracking the trends and developments which may impact loan performance
• Model financial projections to assess a borrower's ability to repay its loan under various economic scenarios
• Work in conjunction with Portfolio Managers to prepare loan underwriting and modification approval write-ups to present to the loan committee
• Assist in the development and utilization of a portfolio wide financial spreading model and a system to track borrower financial deliverables
• Assist with the risk rating, criticized asset management, and review processes for assigned borrowers
• Prepare appropriate and timely reporting to senior management on borrower and portfolio performance, effectively communicating identified credit risks and recommended actions
• Actively manage upcoming loan maturities, past dues, and credit quality in conjunction with Portfolio Managers and Loan Operations for assigned borrowers. Ensure loan documentation and credit files are updated and maintained in a timely fashion
• Assist with the independent review of appraisals and other third-party reports
• Ensure all reporting is accurately saved pursuant to Bank policies and procedures
• Ensure integrity of data entry and reporting system accuracy for assigned investments
• Actively participate in portfolio management and risk rating meetings; reporting on underlying investment performance; increased or decreased risk factors; and changes in performance from origination
• Assist in ongoing recruiting, onboarding and training of Analysts
• Participate in site visits to clients to support ongoing due diligence and credit monitoring efforts
• Maintain compliance with all legal and regulatory requirements
• Complete special projects and duties on an ad-hoc basis

QUALIFICATIONS:

• Associate's Degree required;
  Bachelor's Degree preferred
• Minimum of 2 years of experience in a portfolio management, credit analysis, loan underwriting, public accounting, corporate FP&A, structured finance, and/or leveraged finance role required
• Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)
• Excellent verbal, written, and…