\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 Forbright’s 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 property’s financial performance, local market dynamics, and other variables that should be considered in determining a property’s 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 candidate’s 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:\n• Remain in a stationary position\n• Use hands and fingers \n• Utilize a computer monitor with visual acuity\n• Operate technology or other office machinery such as printers, scanners, etc.\n• 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:\n• Comprehensive health, dental, and vision plans\n• 4 weeks PTO\n• 401k + company match\n• Metro SmartTrip benefits ($50/mo)\n• Remote or hybrid work schedules for most positions\n• Bonuses for purchasing solar panels, electric vehicles, biking to work, etc.\n• Paid subscriptions to Veterans Compost, Imperfect Foods, and more!\n• Best Workplaces for Commuters 2023 & 2024 winner\n• The Washington Post Top Workplaces 2023 & 2024 winner\n• 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 💰 401(k)\n\n🌎 Distributed team\n\n⏰ Async\n\n🤓 Vision insurance\n\n🦷 Dental insurance\n\n🚑 Medical insurance\n\n🏖 Unlimited vacation\n\n🏖 Paid time off\n\n📆 4 day workweek\n\n💰 401k matching\n\n🏔 Company retreats\n\n🏬 Coworking budget\n\n📚 Learning budget\n\n💪 Free gym membership\n\n🧘 Mental wellness budget\n\n🖥 Home office budget\n\n🥧 Pay in crypto\n\n🥸 Pseudonymous\n\n💰 Profit sharing\n\n💰 Equity compensation\n\n⬜️ No whiteboard interview\n\n👀 No monitoring system\n\n🚫 No politics at work\n\n🎅 We hire old (and young)\n\n
\n\n#Location\nLos Angeles, CA