Hybrid Commercial Underwriting Officer I - Leveraged Lending bei Comerica Bank
Comerica Bank · Costa Mesa, Vereinigte Staaten Von Amerika · Hybrid
- Junior
- Optionales Büro in Costa Mesa
The Commercial Underwriting Officer 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.
- 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, 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's, projections and other financial documents.
- Ensure complete and thorough analytical narrative and commentary on requests and provide recommendations on structural enhancements to mitigate risk or help win business.
- Evaluate strengths and weaknesses within each credit request and escalate risks and other issues to the Manager of Commercial Underwriting and/or Relationship Manager or Portfolio Manager.
- 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 recommendation for waiver, modification or cure.
- Investigate title searches, surveys and Uniform Commercial Code searches as requested by the Manager of Commercial Underwriting or Relationship Manager/Portfolio Manager.
- Work with Portfolio Manager and loan closing team as needed to resolve issues.
- While maintaining a strong understanding of Comerica processes, ensure that Line of Business and self are adhering 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 continuous improvement culture within Commercial Underwriting.