Senior Associate, Corporate Finance

Forbright Bank • Chevy Chase, MD

5d • Hybrid

About The Position

The Senior Associate is responsible for reviewing new transactions (“Underwriting”) and ongoing monitoring and ownership of the existing portfolio (“Portfolio Management”). This role helps oversee a portfolio of loans that they have helped underwrite, providing an opportunity to learn from the full cycle of an investment.

Requirements

• High School Diploma (or GED) required
• Minimum of 4 years of experience in a public accounting, financial consulting, valuation, leveraged finance, investment banking, or another area of finance or accounting required
• Strong quantitative and qualitative analytical skills
• Knowledge of finance and accounting, including financial statement analysis
• Understanding of debt finance products and services, risk management and credit quality across different industry sectors
• Work under pressure on multiple projects in parallel while still meeting deadlines
• Synthesize information from various sources and comprehend multiple, distinct points of views on any given topic
• 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

Nice To Haves

• Bachelor’s Degree with a focus on accounting, finance, economics or another quantitative degree preferred
• Strong Excel-based modeling skills preferred
• Familiarity with CapitalIQ, Pitchbook, Bloomberg, and other market data sources preferred

Responsibilities

• Participate in meetings with private equity sponsors and borrowers to develop an understanding of a company
• Prepare and review materials including confidential investment memorandums, management/lender presentations and other documents
• Prepare and review third-party diligence reports including quality of earnings, industry/market studies, operational diligence, environmental diligence, and others
• Prepare and review financial statements, sponsor models and all other relevant financial information to understand business trends including segment performance, customer growth, etc.
• Participate in the process for amendments, waivers and restructurings of borrowers within the assigned portfolio
• Identify attributes of a company which support the investment thesis as well as factors which pose a risk to the business.
• Identify and describe mitigating factors present in the business, structure of the credit, etc. which offset the risks identified
• Perform industry research to understand macro trends that impact a company and the competitive environment that it operates in
• Create and write detailed investment memorandums which outline the opportunity
• Assist in reviewing legal documents to ensure the Bank’s understanding of key business terms.
• Work with external legal counsel to document final investment terms
• Actively monitor the assigned portfolio on an ongoing basis .
• Participate in real-time credit discussions as well as scheduled quarterly reviews throughout the life of the loan
• Ensure timely receipt of deliverables and manage the credit file for the assigned portfolio
• Support the activities of BancAlliance , a network of community banks advised by Alliance Partners, a subsidiary of Forbright Bank
• 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: Mid Level
• Education Level: High school or GED