Job Details

VP, Loan Administration Manager

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.

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.

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.

The VP, Loan Administration Manager, is responsible for overseeing the growth and management of the Loan Administration teams, including designing and implementing systems and processes, developing and documenting risks, controls, and procedures, and ensuring efficient and excellent service related to the Company's portfolios of middle-market leveraged loans, healthcare asset-backed loans, lender finance loans and structured real estate loans. This role also assists in people development, growth, and management of the Administration group.

Duties And Responsibilities:

• Oversee the functions of the Loan Administration team
• Design and implement process enhancements and technology solutions
• Identify opportunities for, manage project timeline for, and implement additional loan administration functions within the team
• Develop and maintain procedure documentation and controls
• Ensure internal compliance with regulatory requirements
• Identify and evaluate potential technology vendors
• Manage pipeline of loan administration-related technology requests and determine priorities
• Maintain working relationship with lending team partners
• Supervise, mentor, coach, and serve as a role model for Loan Administration staff
• Perform other duties as assigned

Supervisory Responsibilities:

• Supervise assigned employees by organizing and monitoring work progress
• Maintain staff by recruiting, selecting, orienting, and training employees
• Manage performance of employees through development, coaching, and counseling

Qualifications:

• Bachelor's Degree required; Master's Degree preferred
• Minimum of 10 years of experience in commercial lending, credit, servicing, or operations required
• Experience in leading and managing teams required
• Strong project management experience
• Ability to manage concurrent assignments in an effective, efficient, and organized manner
• 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

The pay range for this position is $125,000 (entry level qualifications) to $135,000 (highly experienced). 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 while certain positions may allow for remote work through the use of technology at management discretion. The functions described below are representative of those 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

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/benefits include comprehensive health, dental, and vision plans, 4 weeks PTO, 401k + company match, Metro SmartTrip benefits, remote or hybrid work schedules, incentives for purchasing solar panels, electric vehicles, biking to work, etc., paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more! Forbright Bank is a Best Workplaces for Commuters, The Washington Post Top Workplaces, and American Banker Best Banks to Work For winner.