What are the responsibilities and job description for the Commercial Loan Servicing Analyst position at Comerica Bank?
Commercial Loan Processor I
The Commercial Loan Processor I is responsible for the set-up, maintenance, and processing functions associated primarily with commercial loans. Has contact with lenders, lending assistants, closers, relationship mangers, group managers, administrative staff, and other various departments or people as needed to ensure accuracy of borrow accounts.
Position Competencies
Successful incumbents possess Comerica's Core Values of: Customer-Centricity, Collaboration, Excellence, and Integrity; exhibit a high focus on listening, problem solving, drive for results, business acumen and prioritization. Qualified US Armed Forces veterans and qualified members of the Guard and Reserve are encouraged to apply.
Position Responsibilities
Category C - Days in the office will either be designated days or will vary week to week from 2-5 days
Hours
8:00am - 5:00pm Monday - Friday
Salary
To Be Determined Based on Individual Experience
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 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 - veterans/individuals with disabilities, committed to workplace diversity.
The Commercial Loan Processor I is responsible for the set-up, maintenance, and processing functions associated primarily with commercial loans. Has contact with lenders, lending assistants, closers, relationship mangers, group managers, administrative staff, and other various departments or people as needed to ensure accuracy of borrow accounts.
Position Competencies
Successful incumbents possess Comerica's Core Values of: Customer-Centricity, Collaboration, Excellence, and Integrity; exhibit a high focus on listening, problem solving, drive for results, business acumen and prioritization. Qualified US Armed Forces veterans and qualified members of the Guard and Reserve are encouraged to apply.
Position Responsibilities
- Independently analyze loan transactions for proper format, completeness of information, and verify that documentation meets Comerica's credit policy and CLS procedures.
- Process various types of transactions related to servicing commercial loans such as setting up new loans, renewals, payments, and rate changes; credits and debits checking and savings accounts, repricing's, advances, GL Cashier checks, Wires, fees, DDA transactions, and other miscellaneous transactions.
- Reconcile loan balances and transactions.
- Maintain and set up commercial loan accounts using the AFS system, while meeting production standards with a high degree of accuracy.
- Contact lenders, lending assistants, closers, relationship managers, group managers, agent banks, administrative staff, and other various departments or people as needed to ensure accuracy of borrow accounts.
- High School Diploma OR General Education Diploma (G.E.D.)
- 3 years of experience in a bank, financial services or office environment
- 2 years of accounting OR cash/expense balancing experience
- 1 year of experience in loan servicing
- 1 year of experience telephone AND face to face customer service
- 1 year of experience using a calculator OR 10 key
- 1 year of experience word processing AND spreadsheet software
Category C - Days in the office will either be designated days or will vary week to week from 2-5 days
Hours
8:00am - 5:00pm Monday - Friday
Salary
To Be Determined Based on Individual Experience
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 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 - veterans/individuals with disabilities, committed to workplace diversity.
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