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COMERICA MANAGEMENT CO INC Loan Booking Analyst I in LIVONIA, 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.

Position Qualifications: * Accounting course or two years of experience in Financial Services or Lending Operations * 2 years banking, accounts payable or accounts receivable experience * 1 year of commercial lending documentation experience * 1 year of customer service experience * 1 year of experience with PC based mainframe systems, loan accounting systems, and Microsoft products

Livonia Operations Center 8:00am - 5:00pm-Monday - Friday (  This position offers a hybrid work model that includes onsite and remote days as determined by the manager.)

Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.

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