CRE Portfolio Associate

Metropolitan Commercial Bank; New York (NY); Hybrid; USD 85,000 - 105,000; Full time

Job summary

Metropolitan Commercial Bank is seeking a Portfolio Associate to support the management and oversight of a growing commercial real estate loan portfolio across the U.S. The role involves daily collaboration with Commercial Lenders and the Portfolio Manager to ensure timely risk mitigation and growth.

A strong technical mindset and AI fluency are valued. You will handle financial analyses, rent rolls, covenants, and watchlist reviews, contributing to quarterly risk assessments and audit

Qualifications

• Bachelor’s degree in related field.
• Minimum 3+ years of direct real estate experience.
• Knowledge of banking products, policies, and procedures.
• Excellent interpersonal and communication skills.
• Driven by a passion to learn how AI and other tech can improve work processes.

Responsibilities

• Engage with Commercial Lenders and Portfolio Manager to manage a high-growth CRE portfolio.
• Maintain proactive oversight of the portfolio, identify maturities and renewal opportunities.
• Complete loan analyses, reviewing financial statements, rent rolls, and sponsor/guarantor credit conditions.
• Track loan covenants and assess credit quality; prepare memos for PM and RM review.
• Support risk rating reviews for Watchlist and Criticized loans presented quarterly to the ARG Committee.
• Assist with bank audits, financial reporting, and covenant reviews for the CRE team.

Skills

Excellent interpersonal communication

Curiosity about AI

Education

Bachelor’s degree in related field

Job description

Come Work With Us:

Metropolitan Commercial Bank (“MCB” or the “Bank”) is a New York City–based, full-service commercial bank providing tailored banking solutions to businesses, institutions, and individuals. Founded in 1999, MCB operates banking centers in Manhattan and Boro Park, Brooklyn, within New York City, as well as in Great Neck on Long Island, New York, and Lakewood, New Jersey. The Bank recently expanded to Miami, Florida with their newest Brickell banking center.

Metropolitan Commercial Bank offers a comprehensive suite of commercial, business, and personal banking products and services to small businesses, middle-market and corporate enterprises, private and public institutions, municipalities, and local government entities.

The Bank has earned national recognition for its financial performance, innovation, and strategic growth. The Bank was named one of Newsweek’s Best Regional Banks in 2024 and 2025. Additionally, MCB recently received Editor’s Choice recognition at the Banking Tech Awards USA for Digital Onboarding & Omnichannel Banking and in 2026, the Bank earned Great Place To Work certification and received the Web Award Standard of Excellence for MCBankNY.com.

We are a client-focused organization that values technological innovation and excellence. A strong technical mindset, AI fluency, and adaptive skills are essential for our employees to effectively contribute to our mission and drive our success. We foster human–AI teaming and strong governance to ensure technology is used responsibly and in alignment with Bank policies and procedures. For more information about the Bank, please visit the Bank’s website at MCBankNY.com.

Position Summary:

The Portfolio Associate will assist in the management of a growing commercial real estate loan portfolio. The qualified candidate is expected to materially contribute to the continued high growth and oversight of the commercial real estate portfolio. The real estate loan portfolio consists of various asset classes located throughout the U.S. The Portfolio Associate is expected to handle multiple tasks and assignments, as detailed below and work as a valuable CRE team player.

Standard 4-day in-office requirement, 1 day remote (of your choosing and subject to manager’s approval)

Essential Functions & Responsibilities

• Engage in daily dialogue with Commercial Lenders (CLs) and Portfolio Manager (PM) regarding the ongoing management of a high growth, commercial real estate portfolio.
  • 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.
• 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.
• Complete loan analysis and prepare Memos for review by PM and RM.
  • Maturity extensions, Built-in extensions, Loan Modifications and Waivers
• 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.
• Discuss analysis and potential risk rating recommendation for those loans that may qualify to be removed from the Watchlist/Criticized List.
• Assist PM with analysis of the Bank’s Transitional Loan portfolio, including property performance updates, status of reporting requirements, and annual reviews.
• Assist the Team with gathering financial information and coordinating various aspects of Bank audits conducted throughout the year. Maintain ongoing communication with PM to resolve potential concerns and issues related to the audits. Coordinate financial reporting, primarily managed by the Portfolio Associate, as well as the review of loan covenants.
• Assist the CRE Team in tracking financial reporting and loan covenants, on an ongoing basis.

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

Potential Salary: $85,000 - $105,000 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.

MCB maintains a drug free workplace.