AVP/VP, Underwriting, Real Estate Finance

Assistant Vice President Or Vice President

The Assistant Vice President or Vice President underwrites and executes all new loan opportunities within a high-volume lending environment. This position screens, underwrites, and structures new loan opportunities, creates credit memos, manages the loan closing process, and works with asset management on portfolio post-closing.

Duties and Responsibilities:

• Assist in all aspects of origination activity leading to the closing of new transactions
• Evaluate financing requests to determine credit quality of opportunities and appropriate loan structures
• Conduct diligence and underwriting on new loan opportunities, ensuring that the loan/facility meets the Bank's credit policy/guideline
• Ensure business terms and structure are accurately captured in loan structure and documentation:
• Legal documentation for loans including participation agreements, loan agreements, and ancillary legal docs
• Varying loan structures and related inter-creditor issues
• Different commercial real estate product types
• Identify specific merits, risks, and mitigates for each transaction
• Ensure loan documentation and credit files are timely updated and maintained in the Bank's internal document retention system in compliance with internal procedures and banking guidelines
• Facilitate loan closings ensuring that legal documentation, 3rd parties/due diligence, and internal processing requirements are completed and processed per credit policy
• Work directly with the prospective borrower to gather information and diligence materials, while maintaining strong working relationships with the key contacts
• Maintain detailed financial models and develop sensitivity analyses
• Perform market, industry, and sponsor due diligence
• Collaborate with Portfolio Management on modifications, extensions, risk ratings, and other asset management issues
• Perform other duties as assigned

Qualifications:

• Associate's Degree required; Bachelor's Degree preferred
• Minimum 6 years (AVP) or 8 years (VP) of experience in underwriting and managing credit risk within Commercial Real Estate and/or Lending required
• Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel), Argus, CoStar, and REIS
• 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

$135,000 - $165,000 a year The pay range for this position is above. The specific rate will depend on the successful candidate's qualifications and prior experience $135,000 (AVP level qualifications) to $165,000 (highly experienced, VP level qualifications).

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!
• Best Workplaces for Commuters 2023 & 2024 winner
• The Washington Post Top Workplaces 2023, 2024, and 2025 winner
• American Banker Best Banks to Work For 2023 winner

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.

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