Remote Associate Senior Associate Underwriting Real Estate Finance
\nCOMPANY 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. \n \nCOMPANY 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.\n \nCOMPANY 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 Forbrightโs capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future. \n\n\nJOB SUMMARY: The Senior Associate, Underwriting, Real Estate Finance, is part of the team underwriting and originating Commercial Real Estate finance products at Forbright Bank. This role is responsible for assisting the Real Estate Finance Relationship Managers with underwriting to help the Bank achieve real estate origination goals while simultaneously maintaining acceptable credit quality and return targets.\n\n\n\nDUTIES AND RESPONSIBILITIES:\n* Assist Relationship Managers with: (1) Commercial real estate financial modeling and analysis; (2) Preliminary screening of prospective financing opportunities; (3) Evaluating financing requests to determine credit quality of opportunities \n* Identify and assess key risks associated with a propertyโs financial performance, local market dynamics, and other variables that should be considered in determining a propertyโs risk profile\n* Assess the guarantor's financial position to determine the quality of this additional credit support\n* Perform market research to understand trends that impact a property and the competitive environment that it operates in. Determine demand and supply impacts on property vacancy, rent growth, capitalization rates, and property value\n* Review the proposed loan structure to determine if it is appropriate to sufficiently mitigate and manage risk\n* Make independent recommendations regarding credit risk supported by comprehensive analysis\n* Communicate effectively and interact with all levels of management\n* Communicate with all Relationship Managers, Team Leaders, and related departments\n* Assist with loan portfolio management and monitoring\n* Perform other duties as assigned\n\n\n\nQUALIFICATIONS:\n* Bachelor's Degree from a 4-year accredited institution required\n* Minimum of 4+ years of commercial real estate financial modeling experience with a bank, real estate development/operating company, real estate private equity firm, commercial real estate brokerage operations, or commercial finance company required\n* Outstanding quantitative and qualitative analytical skills\n* Strong knowledge of finance and accounting\n* Ability to work under pressure on multiple projects in parallel while still meeting deadlines\n* An ability to synthesize information from various sources and comprehend multiple, distinct points of views on any given topic\n* Demonstrated experience in financial modeling for sophisticated commercial real estate deals that vary in size and complexity\n* Strong oral and written communications skills with the ability to express ideas in a persuasive, organized, and articulate manner\n* Highly motivated business professional, able to thrive in small team environment\n* Extensive and strong knowledge of Excel, to include financial modeling and CoStar\n* Outstanding organizational, problem-solving, and time management skills\n\n\n\n\n\n\nThe pay range for this position is below. The specific rate will depend on the successful candidateโs qualifications and prior experience. $85,000 (entry level qualifications) to $110,000 (highly experienced).\n\n\n\n\nPOSITION 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:\nโข Remain in a stationary position\nโข Use hands and fingers \nโข Utilize a computer monitor with visual acuity\nโข Operate technology or other office machinery such as printers, scanners, etc.\nโข Communicate clearly verbally and/or in writing with others\n\n\nADDITIONAL 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. \n\n\nPERKS/BENEFITS:\nโข Comprehensive health, dental, and vision plans\nโข 4 weeks PTO\nโข 401k + company match\nโข Metro SmartTrip benefits ($50/mo)\nโข Remote or hybrid work schedules for most positions\nโข Bonuses for purchasing solar panels, electric vehicles, biking to work, etc.\nโข Paid subscriptions to Veterans Compost, Imperfect Foods, and more!\nโข Best Workplaces for Commuters 2023 & 2024 winner\nโข The Washington Post Top Workplaces 2023 & 2024 winner\nโข American Banker Best Banks to Work For 2023 winner\n\n\nIt 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.\n\n\nEmployment with Forbright Bank is at-will, which means that either you or the Company may terminate the relationship at any time. \n\n#Salary and compensation\n
No salary data published by company so we estimated salary based on similar jobs related to Finance and Senior jobs that are similar:\n\n
$42,500 — $92,500/year\n
\n\n#Benefits\n
๐ฐ 401(k)\n\n๐ Distributed team\n\nโฐ Async\n\n๐ค Vision insurance\n\n๐ฆท Dental insurance\n\n๐ Medical insurance\n\n๐ Unlimited vacation\n\n๐ Paid time off\n\n๐ 4 day workweek\n\n๐ฐ 401k matching\n\n๐ Company retreats\n\n๐ฌ Coworking budget\n\n๐ Learning budget\n\n๐ช Free gym membership\n\n๐ง Mental wellness budget\n\n๐ฅ Home office budget\n\n๐ฅง Pay in crypto\n\n๐ฅธ Pseudonymous\n\n๐ฐ Profit sharing\n\n๐ฐ Equity compensation\n\nโฌ๏ธ No whiteboard interview\n\n๐ No monitoring system\n\n๐ซ No politics at work\n\n๐ We hire old (and young)\n\n
\n\n#Location\nLos Angeles, CA
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When applying for jobs, you should NEVER have to pay to apply. You should also NEVER have to pay to buy equipment which they then pay you back for later. Also never pay for trainings you have to do. Those are scams! NEVER PAY FOR ANYTHING! Posts that link to pages with "how to work online" are also scams. Don't use them or pay for them. Also always verify you're actually talking to the company in the job post and not an imposter. A good idea is to check the domain name for the site/email and see if it's the actual company's main domain name. Scams in remote work are rampant, be careful! Read more to avoid scams. When clicking on the button to apply above, you will leave Remote OK and go to the job application page for that company outside this site. Remote OK accepts no liability or responsibility as a consequence of any reliance upon information on there (external sites) or here.
\nThe quintessential tenet of Mercury is enabling startups of all sizes to experience the magic of banking* with Mercury. The Banking team at Mercury is obsessively focused on evolving the banking experience for our customers through evolution of our Banking Platform. \n\nAs a product manager on this team, you will own the next step of this evolution and define the strategy and roadmap to enable seamless banking experiences across customersโ accounts through the ownership of our banking platform.\n\nThis is a technical product role that requires empathy and foresight into our usersโ present and future needs as they pertain to banking and moving money. You will work within a complex ecosystem of domestic and international banking networks to quickly identify issues, define solutions, and articulate their importance and impact across teams. You will utilize your data acuity to better prioritize and justify the banking platform roadmap across user experiences and partner integrations. You will collaborate across internal and external teams to jointly shape plans that lead to great banking experiences, working tirelessly to mask the โunder the hoodโ complexities for our users.\n\nSecure, reliable, thoughtful, and (perhaps) magical, is how a user should describe the banking experience on Mercury. Your job is to help the team aspire to that description.\n\n*Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust, Members FDIC.\n\n \n\nAs part of the journey, we would expect you to:\n\n\n* Co-own an ambitious product roadmap for the banking platform from ideation to execution with your partners in risk, compliance, data and engineering\n\n* Develop a framework for banking platform product health in partnership with data science, set KPIs that help to drive high quality decision-making\n\n* Prioritize areas of product investment using a range of qualitative and quantitative inputs, often to make tradeoffs in a highly ambiguous environment\n\n* Be a collaborative powerhouse across Mercury, ensuring stakeholders are brought in and aligned on the vision of Mercuryโs banking platform and feels joint ownership over strategy and results\n\n* Create strategy and frameworks to inform our future banking partnerships strategy\n\n* Clearly communicate technical and non-technical product specifications for banking improvements/features to enable efficiency across a wide breadth of stakeholders\n\n* Deepen the teamโs understanding of how various partners enable banking experiences on the platform and maintain a consistently great user experience across partnerships\n\n* Identify opportunities to improve our banking services network, enabling both larger and smaller scale projects\n\n* Drive accountability โ hold yourself and others accountable in service of great work\n\n\n\n\nSome things that might make you successful in a role like this:\n\n\n* Have 5+ years of relevant product management experience in a growth stage financial technology company working directly with engineering on platform products\n\n* Be technically inclined to produce detailed-oriented requirements that enable your team to ship high quality features\n\n* Be able to balance a deep technical understanding of product and partner requirements with user empathy\n\n* Be able to take complex problems and distill them into first principles\n\n\n\n\nThe total rewards package at Mercury includes base salary, equity (stock options), and benefits. Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry. \n\n \n\nNew hire offers are made based on a job candidateโs experience, expertise, geographic location, and internal pay equity relative to peers. Our target new hire base salary ranges for this role are the following:\n\nThe salary range for candidates in the US is $173,600 โ $204,200 USD.\n\nThe salary range for candidates in Canada is CAD 158,000 โ 185,800.\n\n \n\nWe use Covey as part of our hiring and / or promotional process for jobs in NYC and certain features may qualify it as an AEDT. As part of the evaluation process we provide Covey with job requirements and candidate submitted applications. We began using Covey Scout for Inbound on January 22, 2024. Please see the independent bias audit report covering our use of Covey here. \n\n#Salary and compensation\n
No salary data published by company so we estimated salary based on similar jobs related to SaaS and Senior jobs that are similar:\n\n
$60,000 — $100,000/year\n
\n\n#Benefits\n
๐ฐ 401(k)\n\n๐ Distributed team\n\nโฐ Async\n\n๐ค Vision insurance\n\n๐ฆท Dental insurance\n\n๐ Medical insurance\n\n๐ Unlimited vacation\n\n๐ Paid time off\n\n๐ 4 day workweek\n\n๐ฐ 401k matching\n\n๐ Company retreats\n\n๐ฌ Coworking budget\n\n๐ Learning budget\n\n๐ช Free gym membership\n\n๐ง Mental wellness budget\n\n๐ฅ Home office budget\n\n๐ฅง Pay in crypto\n\n๐ฅธ Pseudonymous\n\n๐ฐ Profit sharing\n\n๐ฐ Equity compensation\n\nโฌ๏ธ No whiteboard interview\n\n๐ No monitoring system\n\n๐ซ No politics at work\n\n๐ We hire old (and young)\n\n
\n\n#Location\nSan Francisco, California, United States
๐ Please reference you found the job on Remote OK, this helps us get more companies to post here, thanks!
When applying for jobs, you should NEVER have to pay to apply. You should also NEVER have to pay to buy equipment which they then pay you back for later. Also never pay for trainings you have to do. Those are scams! NEVER PAY FOR ANYTHING! Posts that link to pages with "how to work online" are also scams. Don't use them or pay for them. Also always verify you're actually talking to the company in the job post and not an imposter. A good idea is to check the domain name for the site/email and see if it's the actual company's main domain name. Scams in remote work are rampant, be careful! Read more to avoid scams. When clicking on the button to apply above, you will leave Remote OK and go to the job application page for that company outside this site. Remote OK accepts no liability or responsibility as a consequence of any reliance upon information on there (external sites) or here.
\nAt Propel, our mission is to build modern, respectful, and effective financial tools for low-income Americans. Our vision is that all Americans can make it through every month with dignity and abundance. Over 5 million people use our app, Providers, to manage the benefits they use to keep their family well-fed and healthy, stay up to date on critical government programs, save money and earn income. Read more about the impact of Providers here. Now weโve expanded further into the financial services space, offering the best banking option for low-income Americans.\n\nOur engineering team is currently 20+ people distributed across the United States. Our team is composed of humble and smart people who repeatedly jump in to support one another. We have a collaborative culture exemplified in our brainstorming, pairing sessions, and hackathons. We communicate in multiple ways, including Slack and Zoom for daily async communication, Notion for documentation, and project management software for backlog and task tracking.\n\nAs a senior software engineer, youโll have the opportunity to make an impact and work across many areas of our product, including bank tooling, interacting with government programs, surfacing savings opportunities, and more! Youโll work on meaningful and complex technical problems that have a positive impact on our usersโ lives. Youโll also gain first-hand experience building and maintaining a growing system with millions of users.\n\nPropel is a for-profit software company that holds its social mission at its core. Our investors include Andreessen Horowitz, the Omidyar Network, Kevin Durant, Serena Williams, and Nas. \n\nWhat we offer:\n\n\n* An engineering culture that is humble, motivated, and collaborative \n\n* Consistent knowledge sharing through projects or bugs demos, Lunch & Learn presentations, and documentation\n\n* A people-first approach to management where we value engineersโ voices, support career development, and offer opportunities for technical growth that interest you\n\n* Meaningful work and a strong shared sense of mission\n\n* A remote first work environment with a dog-friendly office in Downtown Brooklyn and satellite offices in San Francisco and Salt Lake City. The team meets in-person for optional retreats and on-sites.\n\n* 20 Days of PTO\n\n* 4% 401K match\n\n* $10k lifetime spend towards Carrot Fertility\n\n* Excellent Medical, Dental and Vision options\n\n* Free access to Ginger mental health, Gympass, Headspace, One Medical, Rightway, Sofi, and Spring Health\n\n* Fair, equitable, and competitive salaries. Propel believes that everyone should be compensated fairly and equitably. We set our salary ranges using compensation data from hundreds of NYC based startups at our stage. Additionally, pay is not determined based on location. The salary range for this position is $150,000 - $230,000 depending on experience and interview performance. Equity and excellent benefits come with this position as well!\n\n\n\n\nWhat you will do:\n\n\n* Build software systems used by millions of low-income Americans, helping to put dollars back in their pockets\n\n* Build iOS and Android apps using Vue + TypeScript + Capacitor\n\n* Develop significant server-side software using Python and Flask, backed by Postgres and Redis; leverage AWS offerings as well as other open source technologies\n\n* Create software that is reliable, scalable, and maintainable\n\n* Effectively communicate with team members during projects, code review, etc.\n\n* Contribute to building our eng culture and processes as we continue to scale\n\n* Collaborate on deciding on the right projects, building great solutions, and helping your team succeed\n\n* Work with our Product and Design team to scope projects and execute on innovative products\n\n* Participate in our on-call rotation\n\n\n\n\nWhat you have:\n\n\n* Deep experience designing, building, shipping, and maintaining complex full-stack software\n\n* Experience with a startup environment or the ability to operate effectively when faced with ambiguity\n\n* Excitement to dive deep into our codebase and product ecosystem to contribute to large and impactful projects\n\n* Strong communication skills across technical and non-technical audiences and topics\n\n* Eagerness to learn and actively contribute to team discussions, design doc reviews, and code reviews\n\n* Computer science degree or equivalent fundamentals learned elsewhere\n\n* Fluency in Python and JavaScript or a willingness to learn and specialize in these languages\n\n* Passion for making a difference in the lives of our users\n\n* Nice to have: Experience with or knowledge of government services, particularly safety net services like SNAP, WIC, TANF, SSI, SSDI, Medicaid, Section 8\n\n\n\n\nWe are strongly committed to hiring a diverse and multicultural team, and encourage applications from traditionally under-represented backgrounds, including those with direct experience with the Supplemental Nutrition Assistance Program. \n\n#Salary and compensation\n
No salary data published by company so we estimated salary based on similar jobs related to Design, Python, JavaScript, Typescript, Senior and Engineer jobs that are similar:\n\n
$60,000 — $110,000/year\n
\n\n#Benefits\n
๐ฐ 401(k)\n\n๐ Distributed team\n\nโฐ Async\n\n๐ค Vision insurance\n\n๐ฆท Dental insurance\n\n๐ Medical insurance\n\n๐ Unlimited vacation\n\n๐ Paid time off\n\n๐ 4 day workweek\n\n๐ฐ 401k matching\n\n๐ Company retreats\n\n๐ฌ Coworking budget\n\n๐ Learning budget\n\n๐ช Free gym membership\n\n๐ง Mental wellness budget\n\n๐ฅ Home office budget\n\n๐ฅง Pay in crypto\n\n๐ฅธ Pseudonymous\n\n๐ฐ Profit sharing\n\n๐ฐ Equity compensation\n\nโฌ๏ธ No whiteboard interview\n\n๐ No monitoring system\n\n๐ซ No politics at work\n\n๐ We hire old (and young)\n\n
\n\n#Location\nBrooklyn, New York, United States
๐ Please reference you found the job on Remote OK, this helps us get more companies to post here, thanks!
When applying for jobs, you should NEVER have to pay to apply. You should also NEVER have to pay to buy equipment which they then pay you back for later. Also never pay for trainings you have to do. Those are scams! NEVER PAY FOR ANYTHING! Posts that link to pages with "how to work online" are also scams. Don't use them or pay for them. Also always verify you're actually talking to the company in the job post and not an imposter. A good idea is to check the domain name for the site/email and see if it's the actual company's main domain name. Scams in remote work are rampant, be careful! Read more to avoid scams. When clicking on the button to apply above, you will leave Remote OK and go to the job application page for that company outside this site. Remote OK accepts no liability or responsibility as a consequence of any reliance upon information on there (external sites) or here.