Senior Credit Underwriter (C&I)

Metropolitan Commercial Bank; New York (NY); On-site; USD 150,000 - 175,000; Full time

Job summary

An established industry player is seeking a Senior Credit Underwriter to join their dynamic Credit team. This role focuses on providing in-depth credit risk analysis for complex loan requests, particularly in the Healthcare sector. The successful candidate will work closely with Lending Officers, ensuring that all financials and borrower information are thoroughly analyzed. With a commitment to excellence and collaboration, this position offers the opportunity to contribute significantly to the team's success while guiding junior underwriters. If you are passionate about credit analysis and want to make an impact in a supportive environment, this is the role for you.

Qualifications

• 7+ years in credit-related field, preferably in banking with C&I/Healthcare experience.
• Strong analytical skills and financial modeling expertise required.

Responsibilities

• Conduct comprehensive financial and credit risk analysis for complex transactions.
• Collaborate with Lending Officers to ensure complete and accurate borrower information.

Skills

Analytical Skills

Financial Modeling

Written Communication

Verbal Communication

Interpersonal Skills

Team Collaboration

Education

Bachelor’s degree in Business

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Tools

MS Office Suite

Database Management Programs

Job description

Metropolitan Commercial Bank (the “Bank”) is a New York City based full-service commercial bank that 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. The Bank operates banking centers and private client offices in Manhattan and Boro Park, Brooklyn in New York City 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).

For more information, please visit the Bank’s website at MCBankNY.com.

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. The Bank finished ninth in S&P Global Market Intelligence’s annual ranking of the best-performing community banks with assets between $3 billion and $10 billion for 2022 and eighth among top-performing community banks in the Northeast region for 2022.

About the role:

The Senior Credit Underwriter (VP) role is a key position in our Credit team responsible for undertaking and presenting robust credit risk analysis in support of relationship-led loan requests from our Commercial & Industrial (C&I) team. The role will primarily focus on C&I which is heavily weighted towards Healthcare, with a particular focus on skilled nursing and assisted living facilities. The individual will be expected to deal with the most complex transactions.

Duties and responsibilities of the job include the following (but is not limited to):

• For the most complex transactions, undertaking comprehensive financial and credit risk analysis in support of loan requests; including but not limited to financials, projections, industry/market, structure, management and environmental.
• Demonstrating deep understanding of credit risks and mitigants, presenting clearly and concisely in risk focused credit proposals for submission to the appropriate approval authority.
• Work collaboratively with Lending Officers throughout the transaction process, ensuring all Borrower information including financials are complete, accurate, received in a timely manner and analyzed fully. Attend client meetings and/or site visits as appropriate.
• Strong understanding of compliance, regulations and the Bank’s commercial lending policies, clearly outlining any exceptions to policy and supporting rationale in the credit proposal.
• Ensure all credit-related questions from the approval authority are addressed efficiently and effectively.
• Contribute effectively at Credit Committee and other Committee meetings as appropriate.
• Provide guidance and oversight for more junior credit underwriters.
• 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.

Preferred experience, education, and qualifications:

• Bachelor’s degree in Business, Accounting or Finance; or equivalent experience
• Minimum 7 years in credit related field, preferably in a banking environment with C&I / Healthcare experience
• Strong analytical / financial modeling skills
• Excellent written and verbal communication skills
• Strong interpersonal skills; work collaboratively and with integrity with key internal and external stakeholders.
• Strong team player with desire to develop and coach less experienced members of the team
• Working knowledge of all MS Office Suite products and appetite to learn core database management programs

Potential Salary: $150,000 - $175,000 annually

This salary range only 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.

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.

Apply for this job

First Name *

Last Name *

Email *

Phone *

Resume/CV *

Education

School * Select...

Degree * Select...

Start date year *

End date year *

LinkedIn Profile

Are you authorized to work in the US? * Select...

Will you now or in the future require sponsorship? * Select...

How did you hear about this job? i.e. LinkedIn, Indeed, MCB Career Page, etc. *

Were you referred by a search firm or staffing agency? If so, please list the company name below. If not, please indicate by using N/A. *

Were you referred to us by a current employee of the Bank? If so, please provide their name. If not, please indicate using N/A. *

What is your desired salary range? *

Do you have any relatives currently employed at the Bank? If so, please list their name below. If not, please indicate by using N/A. *

Do you hold any certifications that are applicable to this role? If so, please notate the certification(s) and expiration date(s) below. If not, please indicate by using N/A. *