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Form of workWelcome!
We invite you to explore the award-winning culture, people, rewards and opportunities that make Comerica Bank so special. Make your next career choice a confident one.
Qualifications
Position Qualifications:
Job Description
Commercial Loan Processor Senior
Commercial Loan Processer Senior independently analyzes complex loan documentation in order to set up, fund advances, and maintain Commercial Loan accounts using the AFS and/or DEALS systems, while adhering to rigorous production standards with a high degree of accuracy.
Position Responsibilities:
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by the Business Bank, the Retail Bank, and Wealth Management. Comerica's more than 9,000 colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
We invite you to explore the award-winning culture, people, rewards and opportunities that make Comerica Bank so special. Make your next career choice a confident one.
Qualifications
Position Qualifications:
- 4 years of experience in banking, financial services, or office environment
- 3 years of Commercial Loan processing experience
- 3 years of Customer Services/liaison experience
- 2 Yr/Associate Degree or 2 years of relevant experience
- 2 years of Microsoft Word and Excel experience
Job Description
Commercial Loan Processor Senior
Commercial Loan Processer Senior independently analyzes complex loan documentation in order to set up, fund advances, and maintain Commercial Loan accounts using the AFS and/or DEALS systems, while adhering to rigorous production standards with a high degree of accuracy.
Position Responsibilities:
- Act as a liaison between group managers, relationship managers, loans closing officers, loan boarding representatives, lenders, department managers, lending assistants, administrative staff, and other various colleagues.
- Provide support to Participation Bought Loan Analysts and Specialized Loan Analysts.
- Train New Hire Processors and collaborate to resolve discrepancies.
- Independently analyze Immediate Handlings, funding and advance request for the proper format and completeness of information, to identify and determine the required documentation needed to complete the requested tasks.
- Process and review requests submitted via DEALS.
- Verify supporting documentation received meets Comerica's credit policy, GFT wire Policy and LTS processing standards.
- Review loan activity to determine root cause of discrepancies.
- Apply proper transactional corrections, if needed to ensure accuracy of regulatory compliance.
- Respond to audit requests.
- Responsible for balancing all financial transactions processed and reporting to Funds Control.
- Directs workflow and completes training when requested. Acts as a role model and provide leadership for other processors.
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by the Business Bank, the Retail Bank, and Wealth Management. Comerica's more than 9,000 colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
