Comerica Bank
Commercial Underwriting Officer III - Middle Market
Comerica Bank, Dallas, Texas, United States, 75215
Commercial Underwriting Officer III - Middle Market
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Commercial Underwriting Officer III - Middle Market
role at Comerica Bank.
The Vice President, Commercial Underwriting Officer III plays an integral role in the loan approval process by providing credit decision makers with in-depth risk analysis to make informed credit decisions for the bank. Our Commercial Underwriting Officers underwrite and handle documentation for a variety of large and complex loan requests from assigned Lines of Business. They are responsible for monitoring credit exposure for assigned relationships, including renewals, reaffirmations and annual risk ratings.
Team Structure and Development Opportunities
Professional career development through assessments, coaching, team building, and mentoring
Exposure to senior and executive leadership
Collaborative and supportive team environment
Gain in-depth knowledge of lending and non-lending products and services, including Treasury Management, Wealth Management, International Trade Services, Foreign Exchange, and Global Capital Markets
Lines of Business: Business Banking, Middle Market, Private Banking, Commercial Real Estate, Estate, Large Corporate, Technology Life Sciences, Equity Fund Services, Environmental Services, Mortgage Banker Finance, International, National Dealer Services, Energy
Team Footprint: Costa Mesa, CA; San Jose, CA; Detroit, MI; Dallas, TX; Houston, TX
Key Responsibilities Analytics
Identify and analyze inconsistencies and inaccuracies in customer data, including spreads, aging, projections, and other financial documents.
Provide complete analytical narrative and commentary on requests and recommendations on structural enhancements to mitigate risk or help win business.
Evaluate strengths and weaknesses within each credit request and escalate risks to the Manager of Commercial Underwriting and/or Relationship Manager or Portfolio Manager.
Administration
Calculate loan covenants and assist with tracking on complex transactions in conjunction with Credit Support Center teams for assigned relationships. Follow up with Relationship Manager or Portfolio Manager on violations and provide recommendations for waiver, modification or cure.
Investigate title searches, surveys and Uniform Commercial Code searches as requested. Work with Portfolio Manager and loan closing team to resolve issues.
Process Sustainability
Maintain understanding of Comerica processes and ensure Lines of Business and self adhere to proper procedures. Meet or exceed established Service Level Agreements.
Ensure appropriate Record Evidencing Credit Approval Package formats are used in accordance with approved process and procedures.
Recommend process improvements in support of a continuous improvement culture within Commercial Underwriting.
Position Qualifications
Bachelor's Degree
6 years of commercial underwriting, credit and/or lending experience
Completion of a Commercial Credit Training program OR 8 years of commercial underwriting, credit and/or lending experience
7 years of experience with Microsoft Office applications (Word, Excel, PowerPoint, Outlook)
Seeking Candidates With
Strong analytical skills
Excellent verbal and written communication skills
Time management skills and ability to handle multiple assignments
Bank Overview Comerica is the largest U.S. commercial bank headquartered in Texas with a focus on relationships and helping people and businesses be successful. Comerica emphasizes community involvement and a culture of diversity and inclusion.
Work Details
Hours: 8:00am - 5:00pm, Monday - Friday. Hybrid work model (onsite and remote days as determined by the manager).
Salary: To Be Determined Based on Individual Experience
Comerica is an Equal Opportunity Employer – disability/veteran.
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Commercial Underwriting Officer III - Middle Market
role at Comerica Bank.
The Vice President, Commercial Underwriting Officer III plays an integral role in the loan approval process by providing credit decision makers with in-depth risk analysis to make informed credit decisions for the bank. Our Commercial Underwriting Officers underwrite and handle documentation for a variety of large and complex loan requests from assigned Lines of Business. They are responsible for monitoring credit exposure for assigned relationships, including renewals, reaffirmations and annual risk ratings.
Team Structure and Development Opportunities
Professional career development through assessments, coaching, team building, and mentoring
Exposure to senior and executive leadership
Collaborative and supportive team environment
Gain in-depth knowledge of lending and non-lending products and services, including Treasury Management, Wealth Management, International Trade Services, Foreign Exchange, and Global Capital Markets
Lines of Business: Business Banking, Middle Market, Private Banking, Commercial Real Estate, Estate, Large Corporate, Technology Life Sciences, Equity Fund Services, Environmental Services, Mortgage Banker Finance, International, National Dealer Services, Energy
Team Footprint: Costa Mesa, CA; San Jose, CA; Detroit, MI; Dallas, TX; Houston, TX
Key Responsibilities Analytics
Identify and analyze inconsistencies and inaccuracies in customer data, including spreads, aging, projections, and other financial documents.
Provide complete analytical narrative and commentary on requests and recommendations on structural enhancements to mitigate risk or help win business.
Evaluate strengths and weaknesses within each credit request and escalate risks to the Manager of Commercial Underwriting and/or Relationship Manager or Portfolio Manager.
Administration
Calculate loan covenants and assist with tracking on complex transactions in conjunction with Credit Support Center teams for assigned relationships. Follow up with Relationship Manager or Portfolio Manager on violations and provide recommendations for waiver, modification or cure.
Investigate title searches, surveys and Uniform Commercial Code searches as requested. Work with Portfolio Manager and loan closing team to resolve issues.
Process Sustainability
Maintain understanding of Comerica processes and ensure Lines of Business and self adhere to proper procedures. Meet or exceed established Service Level Agreements.
Ensure appropriate Record Evidencing Credit Approval Package formats are used in accordance with approved process and procedures.
Recommend process improvements in support of a continuous improvement culture within Commercial Underwriting.
Position Qualifications
Bachelor's Degree
6 years of commercial underwriting, credit and/or lending experience
Completion of a Commercial Credit Training program OR 8 years of commercial underwriting, credit and/or lending experience
7 years of experience with Microsoft Office applications (Word, Excel, PowerPoint, Outlook)
Seeking Candidates With
Strong analytical skills
Excellent verbal and written communication skills
Time management skills and ability to handle multiple assignments
Bank Overview Comerica is the largest U.S. commercial bank headquartered in Texas with a focus on relationships and helping people and businesses be successful. Comerica emphasizes community involvement and a culture of diversity and inclusion.
Work Details
Hours: 8:00am - 5:00pm, Monday - Friday. Hybrid work model (onsite and remote days as determined by the manager).
Salary: To Be Determined Based on Individual Experience
Comerica is an Equal Opportunity Employer – disability/veteran.
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