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Job Description

Vice President, Alternate Credit Administration Officer The Vice President, Alternate Credit Administration Officer (ACAO), BLC Private Banking Credit Center (PBCC) manager is responsible for managing loan origination processes primarily for the Private Banking division. This position oversees: approving credit requests; providing independent input and consultative support to credit underwriting and review process; recruiting, training and supervision of underwriting officers and commercial underwriters; management of the credit production workload; and ensuring compliance with the Bank's policies, procedures and regulatory and reporting requirements.Position Competencies: Successful incumbents possess strong credit and line of business expertise, have excellent written and verbal communication skills, have strong management/coaching skills, are inspirational, have superior process management and operational effectiveness skills, have strong decision-making skills, are a team player and results oriented. Reporting Information:The ACAO, BLC PBCC Manager reports to the BLC Director. This position manages a team of 3-5 underwriting officers and 6-8 commercial underwriters. Position Responsibilities: Manages team of underwriters and underwriting officers to process loan approval requests delivering consistent high-quality products within the stated SLA timelines. Possesses lending and unilateral authority up to $2.5 million. Maintains standard, streamlined, and efficient underwriting processes. Oversees processes and approvals for consistency with the Bank's risk appetite, data integrity standards and credit policies. Partners with assigned line of business to assist in reaching targets with effective and efficient underwriting. Continuous review of procedures, processes, and credit policy with a keen focus on process improvement and efficiency. Effectively uses corporate technology for workflow management and required communications. Leverage workload management tools/reports for appropriate coaching to meet production, timeliness, and quality metrics. Recruits, manages, develops, trains, and retains staff. Participates and leads strategic initiatives and process improvements within the BLC.

Qualifications

Position Qualifications:

+ Bachelor's Degree from an accredited University

+ 8 years of commercial credit and/or commercial lending experience

+ 2 years of management experience in an operational setting

+ Completion of a formal commercial credit training

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