Forbright Bank
Director, Portfolio Management, Real Estate Finance
Chevy Chase, MD · Director
Sponsorship not specified$150k-$175kDetected 117 days ago
ComplianceOperations ManagementCorporate LawCollaborationPublic SpeakingAdaptability
About the role
- The Director, Portfolio Management, Real Estate Finance, is responsible for managing the Real Estate Finance portfolio at Forbright Bank.
- This portfolio management team will monitor loan performance, identify potential issues, and minimize the risk of loss for the Bank.
- This role is also responsible for the Real Estate Finance operations to ensure that all operational aspects have an owner who is engaged and effective in their role.
Responsibilities
- Manage the Portfolio Management team as the individual portfolio manager performs the following functions:
- 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
- Manage the activity of the REO asset and engage to liquidate the asset in a timely manner
- Own the following processes and procedures:
Requirements
- While performing duties of this job, the employee may be regularly required for extended periods of time to:
Compensation
- $150k-$175k
Benefits
- Comprehensive health, dental, and vision plans
- Metro SmartTrip benefits ($50/mo)
- Paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more!
Company info
- Our people are our greatest strength.
- We foster a culture of respect, inclusion, and ambition - where everyone matters.
- We celebrate collaboration and teamwork and prize loyalty - to one another, the company, our mission, and values.
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This listing is sourced directly from Forbright Bank's careers page and normalized into a canonical job model.