Comerica Management Co Inc. Commercial Loan Processor I in Livonia, Michigan
divdivCommercial Loan Processor IbrIndependently analyze complex loan documentation in order to set up, fund advances, and maintain commercial loan accounts using the AFS and/or DEALS systems, while adhering to rigorous production standards with a high degree of accuracy. Acts as liaison with lenders, lending assistants, lending group managers, administrative staff, banking center personnel and various other departments to identify and resolve problems/issues to ensure accuracy of borrower's accounts and maintain accurate regulatory reporting. Responsible for balancing all financial transactions processed and reporting to Funds Control. Work as a cooperative and productive team member to complete all department work./divdiv/divdivPosition Responsibilities:/divulliIndependently analyze Immediate Handlings, funding and advance requests for the proper format and completeness of information, to identify and determine the required documentation needed./liliProcess and review requests submitted via DEALS./liliVerify supporting documentation received meets Comerica's credit policy, GFT wire Policy and LTS processing standards./liliUsing AFS, DEALS, Pega and Comerica Business Connect systems to post financial transactions independently according to Service Level Agreements:brulliProcess, release and send outgoing wires and new funding's and advance requests/liliProcess Payments and Lockbox Rejects./liliInput rate index changes./liliManage repricing's./liliProcess all types of fees./liliComplete offset entries -- general ledger, etc./liliComplete loan payoffs./liliProcess late charges./liliSet up new loans and banker acceptance loans in AFS./liliProcess and review request submitted via DEALS./liliOrder cashier's checks from Funds Control./liliCredit DDA's./liliReview loan activity to determine root cause of discrepancies./liliApply proper transactional corrections, if needed to ensure accuracy of regulatory/lilicompliance./li/ul/li/ululliRespond to Audit Requests./liliAct as a liaison between group managers, relationship managers, loans closing officers, loan boarding representatives, lenders, department managers, lending assistants, administrative staff, and other various colleagues./liliProvide support to Participation Bought Loan Analysts and Specialized Loan Analysts./liliCollaborate to resolve discrepancies./liliEngage to obtain supporting documentation./li/ul/divbrdivdivPosition Qualifications:/divulli2 Yr/Associate Degree or 2 years of relevant experience in Accounting or Balancing/Reconcilement experience/lili2 years of experience in a banking, financial services, or office environment/lili2 years of experience commercial loan processing or other bank experience/lili2 years of Customer Service/liaison experience/lili2 years Microsoft Word Excel experience/li/ul/divLivonia Operations Center/br8:30am-5:00pm Monday - FridayBR/Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.