Role Overview & Specifications
Credit Support Specialists have a foundational impact on the organization with a responsibility to own and manage credit-related data within the bank. Our Credit Support Specialists perform various key departmental functions, including reporting, loan covenant & statement tracking, risk rating, credit reviews and credit file maintenance. They partner with Relationship Managers, Portfolio Managers and credit team members within the Commercial Underwriting Center to support the bank's credit approval process.
Please Note: This position will be relocating to Farmington Hills starting Q4 2023
Team Structure And Development Opportunities
Reports to the Commercial Credit Manager.Professional career development through assessments, coaching, team building, and mentoring.Exposure to senior and executive leadership.Collaborative and supportive team environment.Gain in-depth knowledge of lending and non-lending products and services, including Treasury Management, Wealth Management, International Trade Services, Foreign Exchange, and Global Capital Markets.
Key
Responsibilities
Financial Statement Spreading & Tracking
Maintain statement tracking system, accurately creating spreads of financial statements to identify inconsistencies or inaccuracies.Monitor financial covenant tracking system to ensure compliance
Recap Preparation
Prepare the RECAP (Record Evidencing Credit Approval Package) shell with basic attachments.Request personal credit reports, background checks, OFAC (Office of Foreign Asset Control) checks and other due diligence as required.
Reporting
Prepare various reports accurately and timely, which include but are not limited to: Delinquent Statement Report, Past Due Loans, Covenant Exception Report and/or Input risk rating changes/updates.Assist in the preparation of Credit Quality Review (CQR) packages.
Position
Qualifications
High School Diploma or GEDTwo (2) college level Accounting courses OR 2 years of relevant
experience in loan documentation, lending support, loan credit analysis, financial statement analysis, accounting, bookkeeping, or general ledger
Seeking Candidates With
Basic Financial Accounting Knowledgeexcellent Verbal And Written Communication
skillsTime management
skills and ability to handle multiple assignmentsAttention to detail
Comerica Great Lakes Campus
8:00am - 5:00pm Monday - Friday. This position includes onsite and remote work days.
About Comerica Bank
Comerica Bank is an actively verified employer hiring talent across technology, engineering, and operations.
- Headquarters: United States / United Kingdom
- Company Size: 1,000+ employees
- Trust Rating: 95 / 100 (Official Registry Audited)
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