Associate/Senior Associate, Underwriting, Real Estate Finance
Medium, Chevy Chase, MD, United States
Job Summary
The Senior Associate 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 Managing Directors and Directors (the “Originator(s)”) with underwriting lending opportunities and achieving real‑estate origination goals while simultaneously maintaining acceptable credit quality and return targets.
Duties and Responsibilities
Assist Originators with:
Commercial real estate financial modeling and analysis
Preliminary screening of prospective financing opportunities
Evaluating financing requests to determine credit quality of opportunities
Maintain detailed financial models and develop sensitivity analyses
Perform market, industry, and sponsor due diligence. Conduct market research to include trends that impact a property and the competitive environment that it operates in, and determine demand and supply impacts on property vacancy, rent growth, capitalization rates, and property value
Gather information and diligence materials including appraisals, environmental reports, and property physical inspections. Assess the guarantor’s financial position to determine the quality of this additional credit support if any
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, third parties/due diligence, and internal processing requirements are completed and processed per credit policy
Assist with portfolio management, as needed, on modifications, extensions, risk ratings, and other asset‑management issues
Communicate effectively and interact with all levels of management and other departments
Perform other duties as assigned
Qualifications
Associate’s Degree required; Bachelor’s Degree preferred
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
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
Outstanding quantitative and qualitative analytical skills
Strong knowledge of finance and accounting
Ability to work under pressure on multiple projects in parallel while still meeting deadlines
Ability to synthesize information from various sources and comprehend multiple, distinct points of view on any given topic
Demonstrated experience in financial modeling for sophisticated commercial real estate deals that vary in size and complexity
Highly motivated business professional, able to thrive in a small team environment
Proficiency with CoStar
Pay Range $110,000 - $120,000 per year. The specific rate will depend on the successful candidate’s qualifications and prior experience (entry level $110,000 to highly experienced $120,000).
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; certain positions may allow remote work through technology at management discretion. The functions described below are representative of those needed 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 and Benefits
Comprehensive health, dental, and vision plans
4 weeks paid time off (PTO)
401(k) with company match
Metro SmartTrip benefits ($50 per month)
Remote or hybrid 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
Equal Employment Opportunity Statement 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.
At‑Will Employment Employment with Forbright Bank is at‑will, which means that either you or the Company may terminate the relationship at any time.
Privacy Notice Acknowledgement By applying, you acknowledge that you have reviewed our CCPA Privacy Notice.
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Duties and Responsibilities
Assist Originators with:
Commercial real estate financial modeling and analysis
Preliminary screening of prospective financing opportunities
Evaluating financing requests to determine credit quality of opportunities
Maintain detailed financial models and develop sensitivity analyses
Perform market, industry, and sponsor due diligence. Conduct market research to include trends that impact a property and the competitive environment that it operates in, and determine demand and supply impacts on property vacancy, rent growth, capitalization rates, and property value
Gather information and diligence materials including appraisals, environmental reports, and property physical inspections. Assess the guarantor’s financial position to determine the quality of this additional credit support if any
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, third parties/due diligence, and internal processing requirements are completed and processed per credit policy
Assist with portfolio management, as needed, on modifications, extensions, risk ratings, and other asset‑management issues
Communicate effectively and interact with all levels of management and other departments
Perform other duties as assigned
Qualifications
Associate’s Degree required; Bachelor’s Degree preferred
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
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
Outstanding quantitative and qualitative analytical skills
Strong knowledge of finance and accounting
Ability to work under pressure on multiple projects in parallel while still meeting deadlines
Ability to synthesize information from various sources and comprehend multiple, distinct points of view on any given topic
Demonstrated experience in financial modeling for sophisticated commercial real estate deals that vary in size and complexity
Highly motivated business professional, able to thrive in a small team environment
Proficiency with CoStar
Pay Range $110,000 - $120,000 per year. The specific rate will depend on the successful candidate’s qualifications and prior experience (entry level $110,000 to highly experienced $120,000).
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; certain positions may allow remote work through technology at management discretion. The functions described below are representative of those needed 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 and Benefits
Comprehensive health, dental, and vision plans
4 weeks paid time off (PTO)
401(k) with company match
Metro SmartTrip benefits ($50 per month)
Remote or hybrid 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
Equal Employment Opportunity Statement 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.
At‑Will Employment Employment with Forbright Bank is at‑will, which means that either you or the Company may terminate the relationship at any time.
Privacy Notice Acknowledgement By applying, you acknowledge that you have reviewed our CCPA Privacy Notice.
#J-18808-Ljbffr