Metropolitan Commercial Bank

Commercial Real Estate (CRE) Lending - Group Head

Metropolitan Commercial Bank  •  $275k - $325k/yr  •  New York City, NY (Onsite)  •  5 months ago
Expired
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Job Description

Come work with us:

Metropolitan Commercial Bank (the “Bank”) is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.

Metropolitan Commercial Bank was named one of Newsweek’s Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.

Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.

The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).

The CRE Lending Group Head will be responsible for developing new business, structuring, and closing commercial real estate loans. They will also be responsible for maintaining the existing portfolio of loans, and ensuring efficient operations of the Commercial Real Estate Department.

We have a flexible work schedule where employees can work from home one day a week.

Essential duties and responsibilities:

  • Supervise the monitoring of existing commercial real estate portfolio to ensure compliance with covenants and credit committee requirements and early identification of potential problems.
  • Ensure that lenders provide high quality customer service and response to customer inquiries including referrals for new business.
  • Oversee daily review, approval, and disposition of uncollected and overdrafts, according to policy.
  • Supervise the maintenance of credit facilities and their renewals for the entire Bank portfolio, as required.
  • Source, develop, structure, and underwrite new commercial loans for new and current bank customers; develop credit proposals and make credit recommendations for Credit Committee approval. Prepare and maintain appropriate documentation in compliance with Credit Committee requirements.
  • Ensure the efficient day to day operation of the Commercial Loan Department; manage administrative and lending staff; act, in the absence of the Chief Lending Officer, as Department Head; partner with the Chief Lending Officer on staffing and performance management.

Required knowledge, skills and experience:

  • 15+ years commercial real estate lending; proven new business development; management experience
  • Preferred experience in all asset classes including: multi-office, retail, hospitality, warehouse and construction
  • Strong communication, negotiation and interpersonal skills
  • Basic computer skills
  • Financial acumen, banking and specific industry knowledge in areas of client concentration

Potential Salary: $275,000 - $325,000 annually

This salary range reflects base wages and does not include benefits, bonus, or incentive pay. 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. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.

Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Metropolitan Commercial Bank

About Metropolitan Commercial Bank

Metropolitan Commercial Bank, The Entrepreneurial Bank, is headquartered in New York City and operates full-service banking centers in Manhattan; Boro Park, Brooklyn; and Great Neck, Long Island.

We are a community-focused bank that provides a broad range of business, commercial and personal banking products and services to individuals, small businesses, middle-market enterprises, and public entities. In addition to our tradition of relationship-driven, one-on-one personalized service, Metropolitan Commercial Bank offers multiple convenience delivery channels, including online banking, flexible mobile banking apps and no-fee access to over 1 million ATMs worldwide for our clients. The Bank is also an active issuer of debit cards for an increasing number of third-party prepaid debit card programs.

Metropolitan Commercial Bank is a New York State chartered bank, an FDIC member and an equal opportunity lender.

Industry
Finance & Insurance
Company Size
201-500 employees
Headquarters
New York, NY
Year Founded
1999
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