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

+ Bonus + Incentive Pay

Junior, Mid

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 aimed at both businesses and individual clients. It specializes in commercial and personal banking, offering products such as 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 customers. Unlike many traditional banks, Metropolitan Commercial Bank focuses on serving fintech companies and entrepreneurs, leveraging its knowledge in payment solutions and compliance to meet their specific needs. The bank also features a developer portal that allows for API integration, enhancing its digital services. The main goal of Metropolitan Commercial Bank is to support its clients with efficient banking solutions while generating revenue through interest on loans and service fees.

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

1999

Growth & Insights
Headcount

6 month growth

61%

1 year growth

8%

2 year growth

61%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital banking solutions due to fintech rise.
  • Growing interest in sustainable finance and green banking initiatives.
  • Trend of remote work allows expansion of remote support services.

What critics are saying

  • Increased competition from digital-only banks like Revolut.
  • Potential overexposure to commercial real estate lending.
  • Leadership changes may lead to strategic shifts or instability.

What makes Metropolitan Commercial Bank unique

  • Leader in global payments and digital compliance, ensuring secure transactions.
  • Offers a developer portal for API integration, enhancing digital service offerings.
  • Focuses on fintech companies, leveraging expertise in digital compliance and payment solutions.

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