Commercial Underwriting Officer

At Comerica Bank, we are looking for an experienced and motivated Commercial Underwriting Officer to join our team. The successful candidate will be responsible for managing and underwriting a portfolio of commercial credit products to ensure that all loans meet the bank's lending criteria.The ideal candidate should have a Bachelor's degree in finance, accounting, or related field and a minimum of 3 years of commercial underwriting experience. A thorough understanding of commercial loan products and the ability to analyze financial statements is essential. Additionally, the Commercial Underwriting Officer should have excellent communication and problem-solving skills.If you have the qualifications and experience to take on this exciting role, we would love to hear from you.

Responsibilities:

1. Analyze financial statements of potential borrowers and assess creditworthiness.
2. Manage a portfolio of commercial credit products to ensure they meet the bank's lending criteria.
3. Ensure compliance with all regulatory and legal requirements.
4. Develop and maintain relationships with loan officers and other credit personnel to promote collaboration.
5. Review loan applications and supporting documentation for accuracy and completeness.
6. Perform research and due diligence to evaluate potential borrowers.
7. Make recommendations to senior credit personnel on loan applications.
8. Monitor and report on portfolio performance.
9. Provide training and guidance to support staff.
10. Keep up to date with industry trends and developments.

According to JobzMall, the average salary range for a Commercial Underwriting Officer in Houston, TX, USA is between $52,092 and $90,890 per year. The salary range may vary depending on experience, education, and any additional qualifications.

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.