Underwriting Associate for Middle Market in City of Industry

Comerica

(La Puente, California)
Full Time
Job Posting Details
About Comerica
Comerica Incorporated is a financial services company headquartered in Dallas, Texas, strategically aligned into three major business segments: the Business Bank, the Retail Bank, and Wealth Management.
Summary
The Underwriting Associate is responsible for assisting the loan groups in preparing and analyzing loan approval packages.
Responsibilities
* Work on complex spreadsheets of financial statements to identify and analyze inconsistencies and inaccuracies. * Recommend risk ratings, run pricing models and document calls. * Attend and participate in loan approval discussions and present deals to loan committees. * Assist credit administration and commercial lending departments with the underwriting and documentation of loan requests. * Provide services such as investigation of the borrowing entity, analysis of the proposed structure and the various repayment sources as well as industry/economic factors affecting the request.
Ideal Candidate
* Bachelors degree in Business or Economics * 3.0 (GPA) overall grade point average (GPA will be calculated by using grades for all credit hours/classes that are applied towards degree including transferred credits) * 2 Accounting classes (3.0 average GPA) * 1 year word processing and spreadsheet software experience

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