8 Credit Support Specialist Jobs in Farmington, MI
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Comerica Bank is Hiring a Credit Support Specialist Near Farmington, MI
Credit Support Specialists have a foundational impact on the organization with a responsibility to own and manage credit-related data within the bank. Our Credit Support Specialists perform various key departmental functions, including reporting, loan covenant & statement tracking, risk rating, credit reviews and credit file maintenance. They partner with Relationship Managers, Portfolio Managers and credit team members within the Commercial Underwriting Center to support the bank's credit approval process.
- Reports to the Commercial Credit Manager.
- Professional career development through assessments, coaching, team building, and mentoring.
- Exposure to senior and executive leadership.
- Collaborative and supportive team environment.
- 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.
- Maintain statement tracking system, accurately creating spreads of financial statements to identify inconsistencies or inaccuracies.
- Monitor financial covenant tracking system to ensure compliance
- Prepare the RECAP (Record Evidencing Credit Approval Package) shell with basic attachments.
- Request personal credit reports, background checks, OFAC (Office of Foreign Asset Control) checks and other due diligence as required.
- Prepare various reports accurately and timely, which include but are not limited to: Delinquent Statement Report, Past Due Loans, Covenant Exception Report and/or Input risk rating changes/updates.
- Assist in the preparation of Credit Quality Review (CQR) packages.
- High School Diploma or GED
- Two (2) college level Accounting courses OR 2 years of relevant experience in loan documentation, lending support, loan credit analysis, financial statement analysis, accounting, bookkeeping, or general ledger
- Basic financial accounting knowledge
- Excellent verbal and written communication skills
- Time management skills and ability to handle multiple assignments
- Attention to detail
8:00am - 5:00pm Monday - Friday. This position includes onsite and remote work days.
Job Summary
Full Time
Banking
$58k-74k (estimate)
03/28/2024
04/03/2024
comericabanktower.com
DALLAS, TX
7,500 - 15,000
1973
RALPH W BABB JR
$3B - $5B
Banking
Related Companies
The job skills required for Credit Support Specialist include Financial Statements, Accounting, Underwriting, Credit Analysis, Written Communication, Credit Reports, etc. Having related job skills and expertise will give you an advantage when applying to be a Credit Support Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Credit Support Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Credit Support Specialist positions, which can be used as a reference in future career path planning. As a Credit Support Specialist, it can be promoted into senior positions as a Credit Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Credit Support Specialist. You can explore the career advancement for a Credit Support Specialist below and select your interested title to get hiring information.
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