Full-Time

Junior Portfolio Manager

C&I

Confirmed live in the last 24 hours

Metropolitan Commercial Bank

Metropolitan Commercial Bank

201-500 employees

Provides commercial and personal banking services

Fintech
Financial Services

Compensation Overview

$70k - $80kAnnually

+ Base wages + Bonus + Incentive pay

Entry, Junior

New York, NY, USA

Category
Commercial Banking
Finance & Banking
Requirements
  • Bachelor’s degree in related field
  • A minimum of 2+ years of related experience
  • Knowledge of banking products, policies, and procedures
  • Excellent interpersonal and communication skills
  • Perform quality work within determined timeframes
  • Interact professionally with other employees, customers, vendors and shareholders
  • Work independently while understanding the necessity for communicating and coordinating work efforts with other employees, departments, divisions, etc.
  • Work on ad-hoc tasks, assignments and projects as needed
Responsibilities
  • Serve as a point of contact for existing client requests, including processing line draws, pay-downs, as well as providing any and all bank and loan statements.
  • Collect all required reporting from clients, including financial statements, borrowing bases, and other reporting items.
  • Support program finance relationships by funding individual and batch funding, processing satisfactions of liens, monitoring collateral and tracking titles.
  • Maintaining all required documentation for each funding as outlined in the approval.
  • Ensure all customers and relationships live in Baker Hill, including reporting requirements as outlined in the approval and all other appropriate information.
  • Run reports on past due maturities, upcoming maturities, loan assignments in credit and current stages of each loan.
  • Input ticklers and tracking items in Baker Hill by matching tracking items to loan approvals or term sheets.
  • Work in tandem with Lenders to analyze opportunities by reviewing financials and assisting with structuring loans, as well as preparing term sheets.
  • Order and analyze third-party reports including appraisals, environmental reports, and collateral field exams.
  • Work cohesively with other departments throughout the loan process to produce meaningful results: the credit department for approvals, outside legal for the closing, the deposit group to open bank accounts, and loan operations to book and fund loans.
Metropolitan Commercial Bank

Metropolitan Commercial Bank

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Metropolitan Commercial Bank provides a variety of banking services tailored for both businesses and individuals. It specializes in commercial and personal banking, offering products like business checking accounts, deposits, loans, and treasury management. The bank is particularly known for its expertise in global payments and digital compliance, which helps ensure secure transactions for its clients. Unlike many traditional banks, Metropolitan Commercial Bank focuses on serving fintech companies and entrepreneurs, providing them with specialized services such as commercial real estate lending and remote client support. Additionally, it offers a developer portal for API integration, allowing businesses to enhance their digital capabilities. The bank aims to generate revenue through interest on loans, service fees, and transaction processing, while its goal is to meet the evolving needs of its clients in the digital banking landscape.

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

61%

1 year growth

8%

2 year growth

61%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recognition as one of Fortune’s 100 Fastest-Growing Companies for 2021 highlights its robust growth trajectory.
  • The bank's successful IPO and strategic mergers, such as with Renasant Bank, indicate strong market confidence and expansion potential.
  • Partnerships with fintech firms like Revolut and Cashaa demonstrate its influence and adaptability in the evolving financial landscape.

What critics are saying

  • The competitive nature of the fintech and banking sectors requires continuous innovation to maintain its edge.
  • Integration challenges from mergers and acquisitions could disrupt operations and client services.

What makes Metropolitan Commercial Bank unique

  • Metropolitan Commercial Bank excels in digital compliance and payment solutions, making it a preferred partner for fintech companies.
  • The bank's developer portal for API integration sets it apart by offering enhanced digital service capabilities.
  • Its focus on global and issuer payments ensures secure and efficient transactions, distinguishing it from traditional banks.

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