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Intern, Lender Finance & Corporate Finance
Forbright BankChevy Chase, United StatesinternshipVerifiedPosted 16 Sept 2024
About the role
COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and lender helping accelerate the transition to a sustainable and low-carbon economy. Headquartered in Chevy Chase, Maryland, Forbright is committed to accelerating the transition to a sustainable economy by financing visionary leader in clean energy, healthcare, technology, financial services, real estate, and other industries with extraordinary service.
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 (ESG) 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: This position is for an Intern to join a cohort of other interns to support two of Forbright Bank’s Specialty Lending Divisions, including Lender Finance and Corporate Finance. Interns will participate in several events including department lunch and learns and mentoring high school students during Forbright Bank’s Annual Sustainable Solutions Summit.
Please note that this internship is for current juniors who will be rising seniors in Summer 2025. This position is an 8 week, 36 hours/week (Mon – Thu) internship located in Chevy Chase, Maryland. The internship has an estimated start date of June 2, 2025.
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 &
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 (ESG) 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: This position is for an Intern to join a cohort of other interns to support two of Forbright Bank’s Specialty Lending Divisions, including Lender Finance and Corporate Finance. Interns will participate in several events including department lunch and learns and mentoring high school students during Forbright Bank’s Annual Sustainable Solutions Summit.
Please note that this internship is for current juniors who will be rising seniors in Summer 2025. This position is an 8 week, 36 hours/week (Mon – Thu) internship located in Chevy Chase, Maryland. The internship has an estimated start date of June 2, 2025.
DUTIES AND RESPONSIBILITIES:
- Perform industry research to understand macro trends that impact a company and the competitive environment that it operates in
- Aid the underwriting team in the due diligence process for loans
- Assist in populating our internal system with all pertinent information on an opportunity
- Assist in the management of credit risk, ensuring that asset quality remains strong, and executing strategies to limit the risk of loss
- Help manage day-to-day borrowing activity of assigned loan investments
- Perform financial analysis and projections by tracking the trends and developments that may impact loan performance under various economic scenarios
- Participate in team-wide meetings
- Participate as a mentor in the Sustainable Solutions Summit
- Complete additional portfolio and underwriting analysis/projects on an ad hoc basis
QUALIFICATIONS:
- Currently a junior pursuing a Bachelor’s Degree from a 4-year accredited institution required
- Strong financial statement analysis skills
- High proficiency with Excel based modeling and other Microsoft Office products
- Acute attention to detail with the ability to think critically and independently
- Exceptional attitude and commitment to teamwork
- Excellent written and verbal communication, presentation, and interpersonal skills
- Well-developed organizational skills, including the ability to multi-task and prioritize work
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 &
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