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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
SBA Specialized Loan Analyst
The SBA Specialized Loan Analyst is responsible for the set-up and maintenance of all Small Business Administration (SBA) loan processing functions, including analyzing and organizing new accounts, complex notes and renewals. The SBA Specialized Loan Analyst is responsible for the application of all Payroll Protection Plan (PPP) loans payments and payoff application as well as any maintenance that is required. The SBA Specialized Loan Analyst is responsible for the Colson/Guide House 1502 Monthly Reporting as well as any other duties as assigned by management.
Position Competencies
Successful incumbents possess Comerica's Core Values of: Customer-Centricity, Collaboration, Excellence and Integrity. This candidate will also exhibit a high focus on Listening, Problem Solving, Drive for Results, Business Acumen and Prioritization.
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:
- High School Diploma or the equivalent
- 3 years of college level accounting courses OR related experience
- 2 years of experience in commercial loan processing/servicing
- 2 years of experience with Excel and Word
Job Description
SBA Specialized Loan Analyst
The SBA Specialized Loan Analyst is responsible for the set-up and maintenance of all Small Business Administration (SBA) loan processing functions, including analyzing and organizing new accounts, complex notes and renewals. The SBA Specialized Loan Analyst is responsible for the application of all Payroll Protection Plan (PPP) loans payments and payoff application as well as any maintenance that is required. The SBA Specialized Loan Analyst is responsible for the Colson/Guide House 1502 Monthly Reporting as well as any other duties as assigned by management.
Position Competencies
Successful incumbents possess Comerica's Core Values of: Customer-Centricity, Collaboration, Excellence and Integrity. This candidate will also exhibit a high focus on Listening, Problem Solving, Drive for Results, Business Acumen and Prioritization.
Position Responsibilities:
- Maintain both contractual and book record per Bank policy.
- Review various reports to ensure accuracy on accruals and adjustments.
- Review and evaluate complex documentation.
- Process various types of principle, fees and interest payments collected from customer.
- Determine various systematic ways to accommodate difficult loans accurately and efficiently.
- Review and analyze complex loan agreements.
- Train and provide guidance to Loan Processors.
- Monthly SBA Reporting Requirements.
- Daily reconciliation of various General Ledger Accounts as needed/required.
- Cross training within other areas of the department.
- As well as any other duties as assigned by management.
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.
