Associate / Senior Associate, Underwriting, Healthcare Finance

Forbright Bank • Chevy Chase, MD

12d • Hybrid

About The Position

The Senior Associate works closely with the AVP’s and VP’s of the Healthcare Finance Division to grow the Healthcare Finance business. The main function of this position is to assist the AVP’s and VP’s with analyzing, evaluating, documenting, and closing loan opportunities.

Requirements

• High School diploma required
• Minimum 4 years of experience in audit, credit analysis, investment banking, M&A transaction services, financial rotational programs, loan underwriting or HUD underwriting role required
• 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
• Strong financial statement analysis skills with a firm grasp of accounting and finance matters

Nice To Haves

• Bachelor's Degree preferred
• CPA or CFA is a plus
• Healthcare experience is a plus

Responsibilities

• Analyze potential direct loan origination opportunities and loan participation opportunities to providers of healthcare services and owners of healthcare real estate
• Model financial projections and run sensitivity analyses to assess a firm’s potential to repay its loan under various economic scenarios
• Perform financial due diligence on target companies
• Prepare and present loan investment screening memos to Healthcare Finance leadership
• Actively engage with various transaction parties (e.g., borrower, broker, etc.) during such diligence
• Prepare loan investment approval write-ups to present to the Bank’s credit committee
• Coordinate loan closings with the Portfolio Management and Operations team
• Work with portfolio management team to monitor and track the financial performance of companies in the loan portfolio and prepare performance update memorandums
• Assist in ad hoc/special projects and other duties on an as needed basis
• Perform other duties as assigned

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!

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED