Loan Closing Officer

The Loan Closing Officer role will be responsible for handling pre-closing and post-closing activities related to closing commercial loans for lending groups located across multiple locations including Texas California and Michigan.

Please Note: This is a hybrid position (work from home and on site)

Position Competencies

Successful incumbents maintain strong customer-centricity, are collaborative, have high integrity, strive for excellence, are agile, work independently and the ability to make decisions.

Position Responsibilities

• Partner and effectively communicate with lending groups, bank counsel and third parties to drive loans to closing.
• Identify and resolve process or business-related obstacles to closing.
• Understands loan documentation and requirements needed to move a loan to closing and complete funding and booking.
• Knowledge of legal, credit and regulatory requirements.
• Manage problem resolution during all phases of the pre-closing and post-closing process.
• Liaison for all affected parties.
  
  

Position Qualifications

• High School diploma or equivalent (GED)
• 4 years of experience in banking or a financial service environment
• 3 years of commercial loan experience
• 3 years of experience in analysis
• 3 years of customer service experience in a virtual and in-person environment
  
  

Work Best Category

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

For candidates hired in the state of California the expected salary/On-Target Earnings (OTE) range for the role is currently:

• California - $69,000.00 - $119,600 Annually
  
  

Salary Range(s) is subject to change. Comerica Bank takes several factors into account when determining individual starting pay. These include but are not limited to position, grade level, location/metropolitan area, skillset, and peer compensation. Comerica Bank considers the employer’s work location to determine the pay range.

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.