COMPANY DESCRIPTION: Forbright Bank is a full-service bank, commercial lender, and asset manager headquartered in Chevy Chase, Maryland. Forbright is a banking and 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 values-driven institution with an uncommon commitment to decarbonization and sustainability. As the need to build a more sustainable, low-carbon economic system grows increasingly urgent, we are dedicating half of our assets to financing the companies, investors, and innovators driving that change. We are reimagining how a bank should operate in a changing world.

JOB SUMMARY: The VP, Retail Operations is a legal and compliance resource for the front-line community bankers reporting deposit account related questions or issues. 

DUTIES AND RESPONSIBILITIES:

• Review requests from front-line community banking representatives regarding trust accounts and agreements, power of attorney documents, estate accounts, Individual Retirement Accounts (IRAs), business entities including legal entities, and beneficial ownership, sole proprietorships, and minor accounts. 
• Related to above, consult internal and/or external legal counsel, deposit compliance, risk, and/or BSA when necessary, in order to provide timely and accurate responses to front-line to deliver to clients/prospective clients.
• Work with the bank’s core systems provider for authoring requests when routine updates are routinely released and when changes to the system are needed to improve account opening.
• Responsible for deposit product management and will work with leadership and compliance to create and develop new deposit products as needed.
• Ensure client documentation provided meets regulatory and legal requirements and is in accordance with our procedures.
• Provide training to community banking group
• Suggest process improvements related to forms and agreements and work with forms vendor, deposit compliance and IT to implement.

QUALIFICATIONS:

• Minimum of 4 years working with retail bank deposit account documentation
• Bachelor’s Degree
• Strong organizational skills and attention to detail

POSITION REQUIREMENTS: The requirements described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. Work is conducted primarily in an office; however, some positions may be conducted remotely via technology. While performing duties of this job, the employee may be regularly required for prolonged periods of time to:

• Sit or stand at a desk
• Walk, stoop down, crouch, kneel or bend over
• Use hands and fingers
• Utilize a computer monitor with visual acuity
• Operate technology and other office machinery such as printers, fax machines, scanners, etc.
• Communicate clearly both verbally and 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.

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!
Forbright Bank is committed to cultivating an environment that promotes diversity as a fundamental value. We welcome employees with a range of experiences, backgrounds, and perspectives.
Forbright Bank is an Equal Opportunity Employer