Corporate Finance Associate: Underwriting & Portfolio

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 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 Associate is responsible for reviewing new transactions (“Underwriting”) and ongoing monitoring and ownership of the existing portfolio (“Portfolio Management”). Thisrolehelpsoverseea portfolio of loans that they have helped underwrite,providing an opportunity to learn from the full cycle of an investment.

• 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,waiver sand restructurings of borrowers within the assigned portfolio

• • Identify attributes of a company which supporttheinvestment thesis as well as factors which pose a risk to the business.
    
    Identify and describe mitigating factors present in the business, structure of the credit, etc. which offset the risks identified

• • Perform industry research to understand macro trends thatimpactacompanyand the competitive environment that itoperatesin

• • Create and write detailed investment memorandums which outline the opportunity

• • Assistin reviewing legal documents to ensure the Bank’s understanding of key business terms. Work with external legal counsel to document final investment terms

• • Activelymonitortheassigned portfolio on an ongoing basis.
    
    Participate in real-time credit discussions as well as scheduled quarterly reviews throughout the life of the loan

• • Ensuretimelyreceipt of deliverables and manage the credit file fortheassigned portfolio

• • Support the activities ofBancAlliance, a network of community banks advised by Alliance Partners, a subsidiary of Forbright Bank

• Perform other duties as assigned

• High School Diploma (or GED) required;
  
  Bachelor’s Degree with a focus on accounting, finance,economicsor another quantitative degree preferred

• Minimum of 4 years of experience in a public accounting, financial consulting, valuation,leveraged finance, investment banking, or another area of finance or accounting required

• Strong quantitative and qualitative analytical skills

• Knowledge of…