AVP, Financial Analyst, Relationship Banking

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 environmental, social, and governance 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 more sustainable future.

JOB SUMMARY: The AVP, Financial Analyst, Relationship Banking is responsible for developing and managing the profitability and pricing recommendations of the Relationship Banking consumer and commercial deposit products and services.

DUTIES AND RESPONSIBILITIES:

• Develop and perform product and treasury service profitability analysis and reporting for Relationship Banking consumer and commercial deposit products
• Prepare pricing and rate review, competitive analysis and comparison to key performance indicators to present rate and pricing recommendations
• Support integration of client and product profitability into business decision making, impacting areas including product simplification, sales strategy, and pricing decisions
• Assess third-party spend for Relationship Banking to ensure accurate billing
• Support client billing initiatives to ensure accurate profitability data
• Assist the Relationship Banking team to develop business cases for new or modified products and services and assists in completion of existing product reviews
• Collaborate closely with the Relationship Banking, Data, and Finance teams
• Support other general financial analysis duties
• Develop and analyze reports to measure deposit growth and cost of funds per branch, business unit, and business development officer
• Perform other duties as assigned
  
  
  
  

QUALIFICATIONS:

• Bachelor’s Degree, preferably in Accounting, Finance, or a technical nature required
• Minimum of 5 years of financial analytics experience required; Deposit data experience preferred
• Advanced skills in SQL and Excel required; Knowledge in various data analysis and visualization tools like Power BI or Snowflake preferred
• Proficiency with data mining and manipulation of data sets
• Ability to apply an analytical mindset to understand problems and propose concise, actionable solutions supporting strategic business decisions
• Ability to manage multiple projects simultaneously
• Excellent oral and written communication skills
• Proven interpersonal and organizational skills
  
  
  
  

The pay range for this position is below. The specific rate will depend on the successful candidate’s qualifications and prior experience. $120,000 (entry level qualifications) to $160,000 (highly experienced).

POSITION REQUIREMENTS: 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
  
  
  
  

ADDITIONAL DUTIES: 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:

• 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
• Bonuses for purchasing solar panels, electric vehicles, biking to work, etc
• Paid subscriptions to Veterans Compost, Imperfect Foods, and more!
• Best Workplaces for Commuters 2023 & 2024 winner
• The Washington Post Top Workplaces 2023 & 2024 winner
• American Banker Best Banks to Work For 2023 winner
  
  
  
  

It is the policy of Forbright Bank to provide equal employment opportunities to all qualified individuals and to administer all aspects and conditions of pre-employment and employment without regard to protected characteristics.