Marc H. Merritt Email & Phone Number

Valley Stream, NY, US

Uniondale, New York, US

C&I and CRE loan Underwriter and Senior Credit Portfolio Manager. Support Relationship Managers on their clients' transactions. Handle a considerable loan portfolio of about $150 million with loan particpations and syndications.Underwrote, closed and currently manage a complex agented participation CRE Construction loan i/a/o $43 million on a storage.

I work with award winning gemstone cutters, master diamond setters and top tier suppliers to bring your jewelry dreams to life. Bridal and other Custom Jewelry design and manufacturing. GIA Diamonds of all types. Broker fine Watches including Rolex. Appraisal and Repair Services available. I am also an avid gemstone and mineral specimen collector having.

Providence, Rhode Island, US

• VICE PRESIDENT, SR. PORTFOLIO MANAGER – MIDDLE MARKET, ISLANDIA, NYJoined Investors Bank in Dec 2021. Acquired by Citizens Bank.
• Deliver timely support a group of three Relationship Managers and a Team Leader with new credit underwritings, renewals and reviews while managing a $350MM credit portfolio (average loan size is $10MM+).
• Closed complex lender finance $1bn syndicated loan in first few months on job.
• Sector agnostic. Various industries covered including, not-for-profit, CRE owner occupied mortgages with construction and traditional mid corporate and middle market loan transactions.
• Loan hold sizes up to $50MM with syndications and participations.
• Orchestrated maintenance of pipeline and annual review/renewals report.

Bridgeport, CT, US

• VICE PRESIDENT, SR. PORTFOLIO MANAGER – MIDDLE MARKET, MELVILLE, NYVICE PRESIDENT, SENIOR COMMERCIAL CREDIT UNDERWRITER 2015 to 2021
• Successfully managed own loan portfolio of $100MM in loans while serving as an RM.
• MMB credit Facilities up to $35MM including diverse loans from Working Capital facilities, Equipment Term Loans and Commercial owner occupied and Investment Real Estate Mortgages.
• Underwrote all loan transactions sourced through team RM’s while managing my loan portfolio for covenant compliance.
• Senior member of loan production office at SCNB.

New York, NY, US

• INDEPENDENT AUDIT REVIEW CONSULTANT, NEW YORK, NY
• Integral member of team while acting in an advisory capacity with extensive senior management interaction at 15+ client institutions in the greater New York market.
• Performed due diligence assignments and loan quality reviews performing independent assessments of all corporate and commercial real estate loan types.
• Drove review of diverse types of commercial credit facilities as well as multi-family, commercial office, mixed use commercial, owner occupied and residential mortgages, special use medical office, triple net leased.
• Delivered timely reviews of loan loss reserve adequacy, validation of ALLL methodology and best practice reviews for the financial industry.

London, GB

• VICE PRESIDENT, CORPORATE BANKING MANAGER, SR. PORTFOLIO MANAGER, MELVILLE, NY 2011 to 2014Core Middle Market Banking Group 2013 to 2014
• Managed a significant loan portfolio (35 accounts with approximately $250MM in outstandings) with loan sizes up to $75MM+.
• Sourced $35MM in new loans.
• Firms ranged in size from $50MM to $500MM+ in annual revenues and included Not-for-Profits.
• Facilities and industries varied widely and include working capital Lines of Credit, Revolvers, Term Loans, Commercial Mortgages, Lines for Trade Finance and FX facilities.
• Underwrote Private Banking transactions.

• VICE PRESIDENT, PORTFOLIO MANAGER/LENDING OFFICER/TEAM LEADER Commercial & Industrial Banking Group
• Developed new business serving Queens, Long Island, NYC, Brooklyn, and New Jersey while also managing a significant client portfolio of 120 relationships for this Community Bank in wide variety of industries and credit.
• Successfully improved portfolio metrics by properly grading loans and helping bank through OCC formal notice period. Credit and business development responsibilities entailed underwriting and structuring loan.
• Worked closely with Region Mangers to identify and facilitate transactions.
• Industry concentrations included Restaurants, Building Contractors, Churches, and High Net Worth Real Estate investors.
• Drove the effort to manage loan workouts as required.

B.S (Honors), Bus Mgt & Finance

Graduate School Mba Program/Finance

Diploma, Diamonds