- Salary
- $85k – $100k/yr
- Location
- Chevy Chase, MD
- Workplace
- Onsite
- Type
- Full-time
- Department
- Commercial Lending Division
- Seniority
- Entry
- Experience
- 2+ years
- Source
- Lever
Description
COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries.
COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible 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 mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future.
JOB SUMMARY: The Associate is primarily responsible for the daily and monthly reconciliation of loan positions and cash for the Partner Finance division’s portfolio of purchased consumer loans, supporting the internal reporting for internal stakeholders and for maintaining the shadow accounting records and recurring reports that management, Finance and the Bank’s oversight committees rely on. This role works with large, loan-level data sets from third-party servicers every day and serves as the first line of control over the accuracy of the portfolio’s balances, cash and reported returns.
Skills
PythonSQLExcelComplianceCPA