Commercial Underwriting Officer

Are you a skilled and experienced underwriter with a passion for the commercial banking industry? Do you thrive in a fast-paced and dynamic work environment? If so, we have an exciting opportunity for you at Comerica Bank as a Commercial Underwriting Officer. As a member of our team, you will use your expertise to assess and analyze commercial loan applications, ensuring they meet our risk management guidelines. In this role, you will have the opportunity to work with a diverse portfolio of clients and make a significant impact on the success of our business. If you possess strong analytical skills, attention to detail, and a commitment to delivering exceptional customer service, we want to hear from you. Join us at Comerica Bank and take the next step in your career as a Commercial Underwriting Officer.

1. Evaluate and analyze commercial loan applications to determine creditworthiness and adherence to risk management guidelines.
2. Conduct thorough financial analysis and review of borrower's credit history, financial statements, and collateral to assess potential risk.
3. Collaborate with relationship managers and other team members to gather necessary information and ensure timely completion of underwriting process.
4. Prepare and present comprehensive credit memorandums for loan approval.
5. Monitor and manage loan portfolio for potential risk and identify opportunities for improvement.
6. Ensure compliance with all regulatory and internal policies and procedures.
7. Provide exceptional customer service to clients and internal stakeholders.
8. Keep abreast of industry and market trends to make informed decisions and recommendations.
9. Participate in departmental meetings and training sessions to enhance knowledge and skills.
10. Mentor and train junior underwriters to develop their skills and knowledge.
11. Continuously review and improve underwriting processes to increase efficiency and accuracy.
12. Maintain accurate and up-to-date records and documentation for audit purposes.
13. Communicate effectively with team members and management regarding loan decisions and updates.
14. Adhere to strict confidentiality and ethical standards in handling sensitive information.
15. Represent the bank professionally and positively in all interactions with clients and industry professionals.

According to JobzMall, the average salary range for a Commercial Underwriting Officer in Dallas, TX, USA is approximately $71,000 to $118,000 per year. This may vary depending on the specific company, experience level, and other factors.

Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. 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.