Vice President, Allowance for Credit Losses

About the Company

Metropolitan Commercial Bank (MCB) is a New York City–based, full-service commercial bank providing tailored banking solutions to businesses, institutions, and individuals. The Bank has earned national recognition for its financial performance, innovation, and strategic growth.

Responsibilities

• Manage the quarterly CECL ACL process including production schedules, data collection, and monitoring vendor model updates
• Prepare CECL Committee materials and documentation of meeting minutes
• Maintain CECL analysis and reporting spreadsheets while assisting in process automation
• Manage the creation and maintenance of the ACL Policy and desktop procedures
• Perform continuous evaluation of third-party ACL models and monitor CECL assumptions
• Ensure compliance with SR 11-7, CECL, and other regulatory guidance
• Interface with model risk validation, internal/external auditors, and regulators
• Prepare ad hoc financial analyses and reports to support decision-making

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Statistics, Data Science, or related field
• 10+ years of relevant financial services experience within a bank or consulting firm
• Strong understanding of finance and US GAAP accounting principles
• Proficiency in Microsoft Office, specifically Excel, Word, and PowerPoint
• Knowledge of Federal Reserve and other regulatory agency ACL modelling requirements
• Strong financial modeling, analytical, and organizational skills

Preferred Qualifications

• Master’s degree
• Experience with S&P Global Capital IQ database