Job Description
Commercial Underwriting Program Summary:The Commercial Underwriting Program is designed to jumpstart a challenging career as a Credit professional within Commercial Underwriting. In this program, you will build a strong credit foundation and develop technical underwriting skills within one or more of our Commercial Bank Lines of Business. Program Structure and Development Opportunities 18 -- 24-month training program with blended learning experience, including classroom and on-the-job training. 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. Program Footprint: Dallas, TX, Houston, TX, Costa Mesa, CA, San Jose, CA, and Detroit, MI. Position Responsibilities:Key Responsibilities Prepare loan approval packages, in partnership with Relationship Managers and Portfolio Managers, for credit decisioning. Provide complete analysis of loan approval package for new credit requests, as well as annual reviews of existing relationships, utilizing the various underwriting methods as established by Credit Administration. Analyze financial information to identify key strengths and credit risks and mitigating factors associated with credit requests. Determine appropriate loan structures and banking solutions to meet customer needs. Monitor credit exposure for portfolio relationships.
Qualifications
Position Qualifications:
Minimum Qualifications
Bachelor's Degree Two (2) Accounting courses (minimum 6 units)
1 year of experience with Microsoft Office Applications (Microsoft Word, Excel, PowerPoint, Outlook)
Preferred Qualifications:
Bachelor's Degree in Business, Economics, or similar degree field
Overall GPA of 3.0 and 3.0 GPA in two accounting courses
1 year of experience with Microsoft Office Applications (Microsoft Word, Excel, PowerPoint, Outlook)
Demonstrated leadership and strong verbal and written communication skills
Seeking candidates with:
Excellent verbal and written communication skills Exceptional analytical, problem solving, and technical aptitude
Time management skills and ability to handle multiple assignments Strong customer focus
Bank OverviewComerica is the largest U.S. commercial bank headquartered in Texas with a focus on relationships and helping people and businesses be successful. With over 170 years of success, Comerica's longevity is a testament to its strong relationship focus, integrity, and dedicated workforce -- more than 7,800 colleagues, who serve as Comerica's ambassadors in the community.At Comerica, our colleagues are essential to our success. We strive to provide you with the opportunity to grow and develop, both personally and professionally, by offering a wide range of programs that are designed to recognize, reward and develop you throughout your career.Comerica demonstrates its commitment to the communities it serves through a strong culture of diversity and inclusion, community investment and environmental commitment. We are recognized as one of the most community-minded companies in the nation by Points of Light, earning a Top 10 ranking in Newsweek's list of America's Most Responsible Companies, and ranked by DiversityInc® as Top 4 regional companies for diversity.
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. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI's Record of Arrest and Prosecution Background ("RAP Back") service, which provides ongoing notification to the Company of any updates to your criminal history.
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 into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's 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-disability/veteran
