Job Information
Comerica Loan Booking Analyst I in Farmington, Michigan
Commercial Loan Analyst The Commercial Analyst analyzes loan documents of a high degree of complexity, identify terms of the loan to setup on the Commercial Loan Accounting system. Please Note: This position can be performed nationally What we can offer you: * Competitive compensation starting at $44,000 - $55,000 * This position has the potential for a signing bonus * Flexible Schedule * Paid Time Off (PTO) * Paid Holidays for Full Time Employees as well as Part Time individuals * Health, Dental, Vision and Life Insurance * Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) * 401(k) and Retirement Account Plan * Tuition Assistance * The opportunity for career advancement Position Responsibilities: * Setting up loans on the Commercial loan system for Balance sheet reporting and customer billing. * Analyze the loan documents of various complexity levels, to identify loan terms for the new loans, renewals, payments, and rate changes; credits and debits to GL accounts, repricing's, advances, fees, DDA transactions, and other miscellaneous transactions. * Independently analyze loan transactions for proper system processing, completeness of information, and verify that documentation meets Comerica's credit policy and department procedures. * Utilize 10 different systems (Mainframes, Imaging systems, Access, Applications, etc.) to complete analysis and booking of transactions. * Reconcile new and existing loan balances, fee transactions and funds flow documentation to understand financial structure for booking. * Maintains and set up commercial loan accounts using the AFS system, while meeting production standards with a very high degree of accuracy. * Handle different loan types that requires utilizing multiple systems to view and research documents to determine correct loan data to book. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled