Loan Closing Compliance Specialist

Welcome!

We invite you to explore the award-winning culture, people, rewards and opportunities that make Comerica Bank so special. Make your next career choice a confident one.

Qualifications

Position Qualifications

• High School diploma or GED
• 4 years of banking or finance experience
• 3 years of Commercial Lending experience
• 3 years of Analysis experience
• 3 years of Customer Service experience
• 3 years of Microsoft Office experience
• 2 years of Operations experience

Job Description

Loan Closing Compliance Specialist
The Compliance Specialist will be responsible for handling audits on behalf of Loan Closing including pulling associated documents, analyzing documentation and information to ensure accuracy, working with Lending and Trade Services Risk and Corporate Compliance; completing monthly self-tests, reviewing and/or preparing regulatory documentation to ensure accuracy (e.g. CRA Worksheets, GMI forms, CIP, Beneficial Ownership etc.); and assisting in revising procedures, process maps and timely updates for governance of said documents.

Position Responsibilities:

• Review and/or Prepare Regulatory Documentation for all markets.
• Facilitate recovery and disposition of documentation for audits.
• Perform Monthly Self-Tests and provide findings to Lending and Trade Services Risk Team.
• Track and Monitor Procedure Review Timelines.
• Complete updates and collaborate with appropriate Loan Closing Manager to ensure timelines are met.
• Participate on Project Teams to determine and coordinate revisions to procedures and process maps based on system/process changes.
• Collaborate with Business Process Analyst for posting and notify Loan Closing Managers / Teams of upload.
• Facilitate training on new and updated procedures as needed.
• Provide support to Loan Closing as needed.
• Other Duties as assigned.

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.

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 - veterans/individuals with disabilities, committed to workplace diversity.