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Job Description

Consumer Loan Underwriter Underwrite requests for all consumer/mortgage products in all footprints states with loan decisions made within assigned lending authority. Position Responsibilities: Expert knowledge in the review and validation of application data and background in fraud detection techniques. Reviews and researches data provided by credit bureaus and other third- party vendors relative to FACTA alerts and fraud Red Flags. Strong knowledge of the use of background checks in the loan decision process. Completion of Collateral Checklist and higher- level knowledge related to the appraisal review process and ability to identify issues to be escalated. General understanding of traditional loan group analysis. Higher level of expertise in the cash flow analysis for traditional wage earners and self-employed borrowers using pre-determined tools based on loan size. With the assistance of a Senior Underwriter, understand, prepare and present external exception documentation and/or review for exception consideration within Consumer Loan Center. Ensures that loan decisions and recommendations comply with Fair Lending requirements. Ensures loan quality requirements are met.

Qualifications

Position Qualifications:

+ Bachelor's Degree OR 3 years of experience in underwriting

+ 3 years of experience in customer service

+ 3 years of experience working with a Consumer / Mortgage Loan Origination System

+ 1 year of experience with Microsoft office Products including Word, Excel, and PowerPoint; personal computer; system data entry or Internet search

About Comerica

We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.

Upon offer, Comerica conducts a comprehensive background and fingerprint check. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI's Record of Arrest and Prosecution Background ("RAP Back") service, which provides ongoing notification to the Company of any updates to your criminal history.

NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. 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.

Comerica is proud to be an Equal Opportunity Employer-disability/veteran