Metropolitan Commercial Bank

Metropolitan Commercial Bank

CRE Portfolio Associate

New York, NY

Sponsorship not specified$85k-$105kDetected 5 days ago
Financial AnalysisRecruitingCommunicationFinancial ReportingUnderwriting

About the role

  • Engage in daily dialogue with Commercial Lenders (CLs) and Portfolio Manager (PM) regarding the ongoing management of a high growth, commercial real estate portfolio.
  • Complete loan analysis, including the review of financial statements, rent rolls, property cash flow, and analysis of the credit condition of sponsor/guarantor.
  • Track and test loan covenants to identify improving or deteriorating credit quality and/or property related concerns for review and approval of PM.

Responsibilities

  • Maintain ongoing proactive oversight of the assigned portfolio, identifying upcoming maturities, renewal opportunities, loan payment issues, and other risk factors to facilitate timely resolution and risk mitigation.
  • Maintain ongoing communication with PM to resolve potential concerns and issues related to the audits.

Requirements

  • Driven by a passion and curiosity to continuously learn how various technological systems, including AI, can enhance the work that you do.

Skills

  • Bachelor's degree in related field
  • A minimum of 3+ years of direct real estate experience
  • Knowledge of banking products, policies, and procedures
  • Excellent interpersonal and communication skills
  • Potential Salary: $85,000 - $105,000 annually
  • This salary range reflects base wages and does not include benefits, bonus, or incentive pay.
  • MCB maintains a drug free workplace.

Compensation

  • $85,000 - $105,000 annually
  • This salary range reflects base wages and does not include benefits, bonus, or incentive pay.
  • This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
  • Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law.

Visa & Work Authorization

  • Complete loan analysis, including the review of financial statements, rent rolls, property cash flow, and analysis of the credit condition of sponsor/guarantor.
  • In coordination and with guidance of the PM, complete financial analysis, including underwriting, sponsor/guarantor analysis, and risk rating review for Watchlist and Criticized loans presented quarterly to the Bank's ARG Committee.

This listing is sourced directly from Metropolitan Commercial Bank's careers page and normalized into a canonical job model.