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Associate, Project Manager

Forbright Bank is a rebranded institution committed to sustainability, providing innovative banking solutions aimed at promoting clean energy and responsible finance.

Forbright Bank

Employee count: 201-500

Salary: 90k-100k USD

United States only

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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, Project Manager, HUD Lending, is responsible for supporting HUD loan production functions, including processing loan exhibits, review of portions of third-party reports, preparation of sections of the underwriting narrative, document collection and transmittal, and client relations. This role supports members of the HUD underwriting team and reports directly to the Senior Associate, Senior Project Manager, HUD Lending.

DUTIES AND RESPONSIBILITIES:

  • Responsible for maintenance of checklists, reviews of submitted exhibits, and detailed organization of collected documents
  • Coordinate information flow between borrower, borrower representatives, broker, and third-party vendors
  • Coordinate third-party invoices and contracts for each transaction
  • Maintain Forbright proprietary ‘Portal’ system and electronic control binder for each transaction
  • Prepare correspondence necessary to facilitate workflow
  • Maintain and organize market and industry data necessary for comprehensive underwriting
  • Assist with closings, as requested
  • Complete post-closing requirements in connection with Forbright’s HUD Quality Control Plan and/or Forbright internal requirements
  • Comply with all facets of Forbright’s HUD Quality Control Plan
  • Perform other duties as assigned

QUALIFICATIONS:

  • Associate’s Degree required; Bachelor’s Degree preferred
  • Minimum of 4 years of HUD 232 and/or HUD MAP loan processing / project management experience required
  • 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 base pay range for this position is below. The specific rate will depend on the successful candidate’s qualifications and prior experience. $90,000 (entry level qualifications) to $100, 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
• 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

CORE PRINCIPLES:

Excellence: Excellence is not a goal, but a standard, reflected in the precision of our work and the quality of our decisions. Excellence is a discipline that compounds over time and creates lasting value; it must be measured and managed.
People: 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.
Innovation: We invest boldly in technology, harnessing innovation not for its own sake but to make banking and lending better, faster, and smarter for our clients, more efficient for our team, and more profitable for our shareholders. By combining human insight with technological excellence, we strengthen our ability to serve, to adapt, and to succeed in a changing world. Innovation is a continuous investment in new ideas.
Sound Practices: Our foundation rests on prudence, care, integrity, and discipline. We manage credit and business risk with rigor and fundamentals-based judgment, act with transparency, and uphold the highest standards of corporate governance and regulatory compliance to ensure sustainable growth and enduring financial strength.
Distinct Value: We focus our energy where we add value. We avoid the commoditized and the ordinary, choosing to compete through insight, specialization, technology and service. By concentrating on areas where expertise matters and relationships endure, we create differentiation that is defensible and lasting.
Clients: We exist to advance our clients’ success and to help them grow. We listen deeply, think creatively, and deliver solutions that solve problems, drive impact and add value. Every client relationship is built on partnership, performance, and purpose.
Shareholders: We are committed to creating exceptional value for our shareholders. We invest for the long term and view our shareholders as partners – not observers - in value creation. We allocate capital wisely, execute with precision, and continuously adapt our business model to pursue the most attractive, risk-adjusted returns. We work to make rational decisions, avoid unnecessary complexity, maintain strong liquidity and capital, and communicate with clarity and honesty. We measure success both by current performance and by the durability and quality of the long-term value we build.
Communities and the Environment: We believe prosperity and responsibility go hand in hand. We invest in inclusive opportunity and environmental stewardship. Our goal is simple - to do our part build a brighter, more sustainable future for the communities we serve and the world we share.
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.
Employment with Forbright Bank is at-will, which means that either you or the Company may terminate the relationship at any time.
By applying, you acknowledge that you have reviewed our CCPA Privacy Notice.

About the job

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Job type

Full Time

Experience level

Mid-level

Salary

Salary: 90k-100k USD

Location requirements

Hiring timezones

United States +/- 0 hours

About Forbright Bank

Learn more about Forbright Bank and their company culture.

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Forbright Bank is a nationwide, FDIC-insured bank founded in 2003 and headquartered in Chevy Chase, Maryland. This bank was originally known as Congressional Bank but was rebranded to Forbright Bank in January 2022. The bank has a strong focus on building a more sustainable future and helping to accelerate the transition to a clean energy economy. It is committed to providing innovative banking solutions that support environmental initiatives and responsible finance. Its array of financial products and services includes personal and business banking, emphasizing high-yield savings accounts, checking accounts, and loans designed for green projects.

Forbright Bank actively participates in financing renewable energy projects, offering solutions such as residential solar loans, energy efficiency upgrades, and green business certifications. This commitment to sustainability is evident in their mission-driven approach, where they pride themselves on making a positive impact on both their customers and the environment. The bank is also recognized for its transparency, competitive rates, and customer-centric service culture. Additionally, as a signatory to the United Nations Principles for Responsible Banking, Forbright Bank showcases its dedication to sustainable practices within the banking industry.

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