Business Loan Center Commercial Underwriting Officer
The Vice President, Commercial Underwriting Officer supports Comerica's Business Loan Center (BLC) and is independently responsible for the underwriting, documentation, and approval of small business requests in a high-volume production environment. Underwrites a variety of commercial loan types. Owns deal analyses and approval decision. Executes workflow according to established metrics and facilitates process improvement efforts.
*This position's office location will be moving to Farmington Hills, MI*
Position Responsibilities:
- Underwrites loan package for new deals. Reviews and completes accurate loan approval package and related underwriting including but not limited to related financial analysis, cash flow assessment, collateral review, and guarantor evaluation.
- Assess the risks inherent in the industry appropriate for the situation. Identifies policy exceptions and independently develop mitigants and structure modifications to address or eliminate them. Identifies and analyzes inconsistencies in customer data including spreads, aging's, projections, and other financial documents.
- Ensures complete and sufficient analytical commentary to present underwriting components. Evaluates strengths and weaknesses within each credit and identifies risk within underwriting summary.
- Renders final approval decision on loan requests for new deals.
- Finalizes risk ratings if required on transaction. Considers and discusses alternative structures and overall assessments with sales channel and relationship managers.
- Escalates credit deteriorating situations requiring additional action and review by management.
- Trains junior underwriters and support staff. Ensures compliance with all applicable laws, regulations, policies, and internal controls.
Position Qualifications:
- Bachelor's degree from an accredited university
- 6 years of experience underwriting complex consumer, small business or commercial underwriting, credit and/or lending experience
- Successful completion of a formal commercial credit training program or 8 years of commercial lending and/or credit underwriting 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. 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.
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Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
Oct 02, 2025