Vice President, Lender Finance, Underwriting

Posted 5 Days Ago
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Chevy Chase, MD, USA
Hybrid
160K-180K Annually
Senior level
Financial Services
The Role
Leads underwriting and closing of asset-based Lender Finance and Fund Finance loans. Responsibilities include evaluating credit quality, structuring transactions, conducting market and sponsor due diligence, building financial models and sensitivities, preparing approval materials, presenting deals to the Loan Committee, managing borrower relationships, monitoring loan covenants, coordinating closings, and supervising assigned employees.
Summary Generated by Built In
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 Vice President works closely with the Directors and Managing Directors of Structured Finance to grow and build out the Structured Finance practice at the Bank. The main function of the Vice President is to analyze, evaluate, structure, and close asset-based loans for the Lender Finance and Fund Finance lending strategies. The Vice President also monitors and manages borrower relationships after closing of the transaction. The Vice President has the opportunity to lead deals working closely with a Director or Managing Director. 
 
Please note this role is 4x/week in-office at our Chevy Chase, MD headquarters.

DUTIES AND RESPONSIBILITIES:

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

    • Review materials including confidential investment memorandums, management/lender presentations, and other documents 

    • Evaluate senior financing requests to determine credit quality of opportunities and appropriate loan structures. 

    • Identify specific merits, risks, and mitigants for each transaction and perform market, industry, and sponsor due diligence 

    • Lead due diligence on loan and investment opportunities working closely with a Managing Director 

    • Create an investment thesis (go / no go decision) for each transaction and make investment recommendations to the Managing Director 

    • Advocate for and present deals for approval to the Bank’s Officers Loan Committee 

    • Construct and maintain detailed financial models and develop sensitivity analyses and generate internal approval memoranda and draft term sheets 

    • Assist in all aspects of origination activity leading to the closing of new transactions 

    • Proactively monitor and enforce the terms of the loan agreement for lending relationships in conjunction with the portfolio management team 

    • Maintain continuing dialogue with borrowing clients to promote “sticky” positive working relationships 

    • Coordinate investment closings with the Bank’s operations team 

    • Perform other duties as assigned  

QUALIFICATIONS:

    • Associate’s Degree required; Bachelor's Degree preferred 

    • 8 years minimum of overall relevant financial services, investment banking or lending experience required; 5-6 years of Fund/Lender Finance experience strongly preferred  

    • Minimum of 1 year in a manager role preferred 

    • Proficiency with 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 

    • Outstanding quantitative and qualitative analytical skills, including financial modeling in lender/structured finance 

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

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 a standard, reflected in the precision of 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 in new 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: We focus our energy where we add value. We avoid the commoditized and the ordinary, choosing to compete through insight, specialization, technology and service. By concentrating on areas where expertise matters 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, drive impact and 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. We allocate capital 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, maintain strong 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 inclusive opportunity and 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. 
 
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.
 
By applying, you acknowledge that you have reviewed our CCPA Privacy Notice.

Skills Required

  • Associate's Degree
  • Bachelor's Degree
  • At least 8 years of relevant financial services, investment banking, or lending experience
  • 5 to 6 years of Fund Finance or Lender Finance experience
  • At least 1 year of management experience
  • Proficiency with Microsoft Office, including Outlook, Word, PowerPoint, and Excel
  • Excellent verbal, written, and interpersonal communication skills
  • Strong organizational skills and attention to detail
  • Outstanding problem-solving and time-management skills
  • Ability to work independently and collaboratively in a fast-paced environment
  • Strong quantitative and qualitative analytical skills, including lender or structured finance financial modeling
  • Strong financial statement analysis skills and knowledge of accounting and finance
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The Company
HQ: Chevy Chase, Maryland
414 Employees
Year Founded: 2003

What We Do

Forbright Bank (www.forbrightbank.com) is a full-service bank, commercial lender, and asset manager committed to accelerating the transition to a sustainable, clean energy economy. As the need to build a more sustainable, low-carbon economic system grows increasingly urgent, we are dedicating half of our assets to financing the companies, investors, and innovators driving that change. We also will empower our depositors to directly fund clean energy and sustainability-oriented loans through a variety of decarbonization linked deposit products, allowing them to play a critical role in furthering the energy transition. Member FDIC | Equal Housing Lender | NMLS #652644

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