Forbright Bank

Director, Portfolio Management – Real Estate Finance

Forbright Bank

full-time

Posted on:

Location Type: Hybrid

Location: Chevy Chase • Maryland • United States

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Salary

💰 $150,000 - $175,000 per year

Job Level

Lead

About the role

  • Manage the Portfolio Management team as the individual portfolio manager performs the following functions:
  • Monitor operating performance, financial condition, and credit risk for assigned loans
  • Proactively identifies issues and recommends or resolves issues in a timely and effective manner
  • Act as a primary daily point of contact with assigned borrowers to establish a working relationship, understand the performance of the underlying property, ensure compliance with loan agreements and be engaged with the Borrower in anticipating future issues and needs
  • Oversee borrower funding requests are fulfilled. For construction projects, work with the Construction monitoring group to approve draws
  • Ensure loan documentation and credit files for assigned loans are updated and maintained in a timely fashion in the Bank's internal document retention system, in compliance with internal procedures and banking guidelines
  • Manage the workouts of subperforming or nonperforming loans; In certain circumstances, MD will take lead at this point in the life of the loan
  • Prosecute parrallel path executions aggressively to reach a consensual resolution or foreclosure of the collateral
  • Manage the activity of the REO asset and engage to liquidate the asset in a timely manner
  • Own the following processes and procedures:
  • Loan Modifications and Approvals
  • Loan Closings
  • Construction Monitoring and Draws
  • Loan Maturities
  • Past Dues
  • Criticized Loans
  • Quarterly & Ad Hoc Risk Ratings
  • Impairment Analysis
  • Foreclosue & REO (including SPE formation and resolutions)
  • Transparent Reporting for the working team (Portfolio Mgmt, Originators, & President)
  • Prepare executive reports and presentations
  • Lead the asset management of the Legacy CPACE Assessments and Legacy Consumer Real Estate loan portfolio

Requirements

  • Bachelor's Degree required; Master’s Degree preferred
  • Minimum of 10 years of lending, credit risk management or portfolio management experience with a commercial finance company or bank required
  • Comfortable with quickly raising potential, material issues and negative trend to the Specialty Lending management team as soon as identified
  • Willingness to learn how to read and interpret loan and legal documentation
  • Exceptional attitude and commitment to teamwork
  • Strong quantitative analytical skills, with a willingness to learn analysis techniques and methods
  • Understanding of accounting and finance matters with a willingness to learn additional topics relevant to Specialty Finance
  • Travel: 20% Travel to clients and internal portfolio meetings required as needed (1-2 multi-day trip a month)
  • 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
Benefits
  • Comprehensive health, dental, and vision plans
  • 4 weeks PTO
  • 401k + company match
  • Metro SmartTrip benefits ($50/mo)
  • 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!
  • 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
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
credit risk managementportfolio managementloan modificationsloan approvalsconstruction monitoringfinancial analysisimpairment analysisquantitative analytical skillsaccountinglegal documentation interpretation
Soft Skills
teamworkproblem-solvingtime managementcommunicationorganizational skillsattention to detailself-motivatedadaptabilitycollaborationresults-oriented