Commercial Underwriting Officer I

Welcome to Comerica Bank, where we strive to provide our clients with exceptional financial solutions and a personalized approach to their banking needs. We are currently seeking a highly motivated and detail-oriented individual to join our team as a Commercial Underwriting Officer I. In this role, you will have the opportunity to work closely with our clients to assess and manage the risk associated with commercial loan applications. This is an exciting opportunity for someone who is passionate about commercial lending and has a strong understanding of underwriting principles. If you have a keen eye for detail and a desire to help businesses thrive, we encourage you to apply for this position.

1. Conduct thorough analysis and review of commercial loan applications to determine creditworthiness and risk level.
2. Collaborate with clients and relationship managers to gather necessary information and documentation for underwriting.
3. Utilize financial analysis tools and techniques to evaluate financial statements, credit reports, and other relevant information.
4. Assess the creditworthiness of potential borrowers and make recommendations for loan approval or denial.
5. Ensure compliance with all bank policies, procedures, and regulatory requirements.
6. Develop and maintain strong relationships with clients and internal stakeholders.
7. Communicate effectively with clients and colleagues to explain lending decisions and provide guidance on loan structures and terms.
8. Monitor and track existing loans to identify any potential risks or issues.
9. Participate in loan committee meetings and provide input on lending decisions.
10. Stay up-to-date with industry trends, market conditions, and changes in underwriting guidelines.
11. Provide exceptional customer service and maintain a positive and professional attitude at all times.
12. Contribute to the overall success of the bank by meeting individual and team goals.
13. Continuously strive to improve underwriting processes and procedures.
14. Adhere to strict confidentiality and security protocols to protect sensitive client information.
15. Maintain accurate and organized records of all underwriting activities.

According to JobzMall, the average salary range for a Commercial Underwriting Officer I is $61,000 to $85,000 per year. This can vary based on factors such as location, experience, and the specific company the individual is working for.

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.