Senior Risk Officer

Company: Comerica Bank
Location: San Jose
Posted on: April 16, 2024

Job Description:

Commercial Underwriting Officer
The Commercial Underwriting Officer plays an integral role in the loan approval process by providing credit decision makers with in-depth risk analysis to make informed credit decisions for the bank. Our Commercial Underwriting Officers underwrite and handle documentation for a variety of large and complex loan requests from assigned Lines of Business. They are responsible for monitoring credit exposure for assigned relationships, including renewals, reaffirmations and annual risk ratings.
Team Structure and Development Opportunities:
Professional career development through assessments, coaching, team building, and mentoring.
Exposure to senior and executive leadership.
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.
Business Banking, Middle Market, Private Banking, Commercial Real Estate, Large Corporate, Technology Life Sciences, Equity Fund Services, Environmental Services, Mortgage Banker Finance, International, National Dealer Services, Energy.
Identify and analyze inconsistencies and inaccuracies in customer data, including spreads, aging's, projections and other financial documents.
Ensure complete and thorough analytical narrative and commentary on requests and provide recommendations on structural enhancements to mitigate risk or help win business.
Evaluate strengths and weaknesses within each credit request and escalate risks and other issues to the Manager of Commercial Underwriting and/or Relationship Manager or Portfolio Manager.
Investigate title searches, surveys and Uniform Commercial Code searches as requested by the Manager of Commercial Underwriting or Relationship Manager/Portfolio Manager. Recommend process improvements in support of continuous improvement culture within Commercial Underwriting.
First Level Officer, Commercial Underwriting Officer I
Bachelor's Degree
Completion of a Commercial Credit Training program or 18+ months of commercial underwriting, credit and/or lending experience
2 years of experience with Microsoft Office Applications (Word, Excel, PowerPoint, Outlook)
Assistant Vice President, Commercial Underwriting Officer II
Bachelor's Degree
4 years of commercial underwriting, credit and/or lending experience
Completion of a Commercial Credit Training program OR 6 years of commercial underwriting, credit and/or lending experience
5 years of experience with Microsoft Office Applications (Word, Excel, PowerPoint, Outlook)
Vice President, Commercial Underwriting Officer III
Bachelor's Degree
6 years of commercial underwriting, credit and/or lending experience
Completion of a Commercial Credit Training program OR 8 years of commercial underwriting, credit and/or lending experience
7 years of experience with Microsoft Office applications (Word, Excel, PowerPoint, Outlook)
8:00am -5:00pm Monday - Friday work schedule has Onsite and Remote work days as determined by the manager

Keywords: Comerica Bank, Watsonville , Senior Risk Officer, Accounting, Auditing , San Jose, California