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SalarySBA 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.
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.
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
8:00am - 5:00pm(EST) Monday - Friday (This position offers a hybrid work model that includes onsite and remote days as determined by the manager.)
