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Metropolitan Commercial Bank · 1 day ago

Credit Underwriter (CRE)

NYC Metro Area

Full-time

Hybrid

Mid Level

$110K/yr - $130K/yr

3+ years exp

Metropolitan Commercial Bank is a full-service commercial bank based in New York City. The Credit Underwriter (AVP) is responsible for conducting credit risk analysis to support loan requests from the Commercial Real Estate team, focusing on various property types and ensuring compliance with lending policies.

BankingBusiness DevelopmentCommercial

Responsibilities

With limited supervision, undertaking financial and credit risk analysis for borrowers and guarantors in a timely manner; including financials, projections, global cash flows, REO schedule, industry/market, structure, and terms

Demonstrating understanding of credit risks and mitigants, presenting analysis and risk rating recommendation clearly and concisely in risk focused credit proposals for submission to the FVP Credit/Deputy CCO for review

Analyze third party appraisals, challenge appraiser assumptions and sensitize in your credit analysis

Work closely and proactively with Lending Officers throughout the transaction process, ensuring financials are complete, accurate and received in a timely manner. Attend client meetings and/or site visits as appropriate

In partnership with the Lending Officers, ensure all credit related questions from the approval authority are addressed efficiently and effectively

Undertake annual review of loans ensuring performance in line with plan. Escalate any performance concerns, covenant issues and/or proposed risk rating downgrades

Willingness to develop good understanding of compliance, regulations, and the Bank’s commercial lending policies

Assisting in the completion of various monthly, quarterly or ad hoc reports as necessary

Assisting in gathering information required by Bank examiners and internal audit

Undertake ad hoc credit risk projects with limited oversight