Assistant Vice President / Vice President, Portfolio Manager, Healthcare Lending

Forbright Bank Chevy Chase , MD 20815

Posted 3 days ago

COMPANY DESCRIPTION: Forbright Bank is a full-service bank, commercial lender, and asset manager headquartered in Chevy Chase, Maryland. Forbright is a banking and financing visionary leader in clean energy, healthcare, technology, financial services, real estate, and other industries with extraordinary service.

COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible environmental, social, and governance (ESG) 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.

COMPANY MISSION: We are a values-driven institution with an uncommon commitment to decarbonization and sustainability. As the need to build a more sustainable, low-carbon economic system grows increasingly urgent, we are dedicating half of our assets to financing the companies, investors, and innovators driving that change. We are reimagining how a bank should operate in a changing world.

JOB SUMMARY: We are looking to hire an AVP or VP, Portfolio Manager that will be part of the team managing credit risk in the Healthcare Lending Portfolio at Forbright Bank. The Portfolio Manager will monitor loan performance; manage client relationships; manage workout credits; ensure accurate assessment of credit risk and trends; work with and direct Bank resources - such as supporting departments and analysts; and, minimize the risk of loss for the Bank.


  • Monitor operating performance, financial condition, and credit risk for assigned borrowers/client relationships to proactively identify issues and resolve problems in a timely and effective manner.

  • Ensure that required borrower reporting is received on a timely basis.

  • Perform and/or review, on a timely basis, financial analysis on reporting provided by borrowers, tracking trends, key performance indicators, and developments which may impact loan performance.

  • Effectively communicate identified credit risks and recommended actions to senior management.

  • Research, propose and prepare modification approval write-ups, working closely with the client as well as legal counsel and manager.

  • Actively manage upcoming loan maturities, past dues, and credit quality.

  • Complete and/or actively oversee risk ratings, criticized asset management memos, and review processes for assigned borrowers.

  • Manage Bank resources effectively, including supporting departments such as loan servicing and deposit operations as well as Healthcare Team's analyst pool assigned specifically to loans.

  • Mentor and manage (indirectly) analyst resources.

  • Ensure timely completion of analyst work, including communication work related to borrower file management within the Bank's multiple systems for tracking, reporting, and communication.

  • Actively participate in bi-weekly Portfolio Management department meetings and ensure analysts assigned to credits are appropriately prepared to contribute during meetings, as needed.

  • Attend bi-weekly Pipeline meetings and collaborate with the Origination/Underwriting Team to transition new loans from Closing to Portfolio Management.

  • Analyze and approve borrowing bases of asset-based revolvers in the loan portfolio.

  • Ensure loan documentation and credit files are maintained in a timely fashion in accordance with the Bank's procedures and banking guidelines.

  • Stay informed of state and federal healthcare current events and changes to healthcare policies.

  • Participate in the build out a scalable portfolio monitoring infrastructure.

  • Complete special projects and other duties on an as needed basis.


  • Bachelor's Degree from a 4-year accredited institution is required.

  • Minimum of 7 years of lending or portfolio management experience with a bank or commercial finance company.

  • A strong understanding of accounting and finance matters.

  • High proficiency with Excel and other Microsoft Office products.

  • Solid grasp on loan and legal documentation.

  • Outstanding quantitative and qualitative analytical skills.

  • Acute attention to detail with the ability to think critically and independently.

  • Exceptional attitude and commitment to teamwork.

  • Excellent written and verbal communication, presentation, and interpersonal skills.

  • Well-developed organizational skills, including the ability to multi-task and prioritize work.

  • Ability to perform the duties as described in this document.


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.


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Portfolio Management Senior Associate (Baltimore MD Washington DC Or Chevy Chase MD)

Bank Of America Corporation

Posted 1 week ago

VIEW JOBS 8/5/2022 12:00:00 AM 2022-11-03T00:00 <p>Job Description:</p><p>Summary of Position:</p><p>The Portfolio Management Senior Associate (PMSA) is a specialist role that has primary responsibility for assisting the Portfolio Managers in providing integrated investment advice and portfolio management services. PMSAs are investment product experts who act as an additional point of contact for clients and/or as a backup for client-facing Portfolio Managers.</p><p>The PMSA will coordinate the internal delivery of investment services through the appropriate channels within the CIO groups. Additionally, PMSAs will seek out new business opportunities from existing books of business and assist other service associates as needed.</p><p>Responsibilities:</p><ul><li><p>In addition to the ability to deliver generalist support, part of the Client Team actively supporting Portfolio Managers to meet clients' trust needs and expectations</p></li><li><p>Support Portfolio Manager with portfolio composition analysis and in achieving asset allocation monitoring, investment policy statement quality and completeness</p></li><li><p>Responsible for:</p></li><li><p>Client Presentations (i.e. Asset Allocation and Performance Reporting)</p></li><li><p>Investment Policy Statement Create, Update &amp; Affirm</p></li><li><p>Trading</p></li><li><p>Account Re-balancing</p></li><li><p>Daily Monitoring (Non-Policy / BAC / Client-Directed Sale, etc.)</p></li><li><p>Compliance clean-ups</p></li><li><p>Reg. 9</p></li><li><p>Asset Allocation Monitoring, Portfolio Analysis and Stochastic Modeling</p></li><li><p>Idea Generation</p></li><li><p>Market &amp; Platform Research</p></li><li><p>Administrative dues as required</p></li><li><p>Ensuring management of concentration documentation</p></li><li><p>Assist in developing and/or delivering solution specific investment proposals</p></li><li><p>Proactivity identify deepening opportunities while performing existing responsibilities and engaging in meaningful interactions</p></li><li><p>Leverage experience and deep expertise to manage and/or execute client investment transactions</p></li><li><p>Participate in Client Management Process (CMP) activities including supporting delivering a branded client experience and meaningful interactions</p></li><li><p>Coordinate with Client Teams and partner to deliver an integrated service to the client and identify and resolve issues in an effective and timely manner</p></li><li><p>Ensure adherence to all internal policies and compliance to legal and regulatory requirements</p></li></ul><p>Qualifications:</p><ul><li><p>Minimum of 4-5 years' experience with a financial institution focusing on high net worth client service and sales</p></li><li><p>Ability to successfully complete assessment of critical skills</p></li><li><p>BS/BA degree in Business, Finance, Economics or Law desired</p></li></ul><p>Shift:</p><p>1st shift (United States of America)</p><p>Hours Per Week:</p><p>40</p><br> Bank Of America Corporation Chevy Chase MD

Assistant Vice President / Vice President, Portfolio Manager, Healthcare Lending

Forbright Bank