Deputy Chief Credit Officer

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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.

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).

Position Summary

The Credit Director Deputy Chief Credit Officer (DCCO) supports the Chief Credit Officer (CCO) in managing the bank’s commercial credit risk strategy, overseeing the credit risk function, ensuring prudent credit decision-making aligned to credit risk appetite and strategic business goals, maintaining a high-quality commercial credit portfolio and minimizing credit losses, developing and embedding sound credit policies and practices, and ensuring compliance with all regulatory requirements.

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

Essential Duties And Responsibilities

• Collaborate with business units to balance disciplined growth and credit risk appetite in lending activities, developing, implementing and monitoring credit policies, risk appetite frameworks, and lending guidelines for CRE and C&I.
• Oversee credit underwriting teams, ensure effective challenge, preparation of robust credit memorandums incorporating detailed risk analysis and accurate risk ratings aligned with credit risk strategy, policies and procedures.
• Lead / participate in credit committees and lending strategy discussions and ensure credit decisions are aligned with regulatory and internal policy requirements.
• Monitor credit exposures, portfolio quality and concentration risks, and analyze trends and early warning indicators to mitigate potential credit risks.
• Oversee the credit review process, ensuring timely and robust credit analysis and accurate risk ratings maintained in line with established credit policies and procedures.
• Contribute to portfolio and segment stress testing and robust risk reporting
• Mentor and develop less experienced colleagues across credit, portfolio management and lending functions to help ensure alignment with credit risk appetite and regulatory and internal policy requirements.
• Support in talent assessment and performance reviews with the credit function
• Lead cross-functional credit related projects as delegated by the CCO
• Liaise with regulators and auditors on credit-related matters, ensuring ongoing compliance with regulatory frameworks
• Establish and track key performance indicators (KPIs) to measure customer experience success, reporting regularly to executive leadership and stakeholders
• Drive implementation of technology transformation and efficiency maximization across the credit function, aligning with technology and AI strategies.
• Lead executive-level discussions to promote and secure support for strategic initiatives
• Stay up to date with industry’s best practices and emerging trends and applying this knowledge to inform strategic decisions and drive innovation

Required Knowledge, Skills And Experience

Preferred Knowledge, Skills And Experience

Potential Salary : $275,000 - $300,000 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.

Seniority level

Seniority level

Not Applicable

Employment type

Employment type

Full-time

Job function

Job function

Finance, Analyst, and Research

Industries

Banking

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

Paid paternity leave

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