
Commercial Underwriting Officer I - Middle Market
Welcome to Comerica Bank, where we are committed to providing our clients with top-notch financial solutions and exceptional customer service. We are currently seeking a highly motivated and experienced Commercial Underwriting Officer I to join our team and help us drive success in the Middle Market sector. As a member of our underwriting team, you will play a crucial role in assessing and analyzing the creditworthiness of our commercial clients, while also providing valuable insights and recommendations to support our business growth. If you have a strong background in commercial underwriting, excellent analytical skills, and a passion for delivering results, we invite you to apply for this exciting opportunity.
- Evaluate and analyze the creditworthiness of potential commercial clients in the Middle Market sector.
- Review financial statements, credit reports, and other relevant information to assess risk and make informed decisions.
- Prepare detailed underwriting reports and make recommendations for credit approvals or denials.
- Collaborate with Relationship Managers and other team members to gather necessary information and ensure a thorough understanding of client needs.
- Stay up-to-date on industry trends and market conditions to ensure accurate risk assessments.
- Utilize underwriting guidelines, policies, and procedures to ensure compliance with regulatory requirements.
- Communicate with clients and internal stakeholders to clarify information and address any concerns or questions.
- Help develop and implement underwriting strategies to support business growth and mitigate risk.
- Maintain accurate and organized records of all underwriting activities.
- Provide exceptional customer service to clients, addressing their needs and concerns in a timely and professional manner.
- Continuously monitor and evaluate the creditworthiness of existing clients.
- Participate in training and development opportunities to enhance underwriting skills and knowledge.
- Support team members and promote a collaborative and positive work environment.
- Adhere to company values and ethical standards in all interactions and decisions.
- Contribute to the overall success of the organization by meeting or exceeding performance goals and objectives.
Bachelor's Degree In Finance, Business Administration, Or A Related Field.
Excellent Communication And Interpersonal Skills, With The Ability To Build And Maintain Relationships With Clients And Internal Stakeholders.
Minimum Of 2-3 Years Of Experience In Commercial Underwriting, Specifically In The Middle Market Segment.
Strong Analytical And Critical Thinking Skills, With The Ability To Assess And Evaluate Risk In Complex Commercial Loan Applications.
Knowledge Of Commercial Lending Regulations, Including Credit Risk Assessment, Loan Structuring, And Industry-Specific Regulations.
Financial Analysis
Market Research
Negotiation skills
Portfolio Management
Loan structuring
Risk assessment
Client Relationship Management
Decision-Making
Industry Knowledge
Underwriting Guidelines
Credit Evaluation
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Teamwork
Adaptability
Problem-Solving
Decision-making
According to JobzMall, the average salary range for a Commercial Underwriting Officer I - Middle Market in Detroit, MI 48226, USA is $96,000 to $116,000 per year. However, this may vary depending on the specific company, experience level, and other factors.
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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.

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