This job board retrieves part of its jobs from: Toronto Jobs | Emplois Montréal | IT Jobs Canada

Every day new job offers in the State of Michigan!

To post a job, login or create an account |  Post a Job


Commercial Loan Document Review Specialist I – Post Closing Review


This is a Contract position in Livonia, MI posted June 13, 2021.


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.


Position Qualifications:

  • High School Diploma or GED
  • 2 years banking experience
  • 2 years of experience in commercial loan documents
  • 2 years customer relations skills
  • 1 year experienced with Excel, Word
  • Must have the ability to lift up to 10 lbs

Job Description

Commercial Loan Post Closing Review Specialist I
The Commercial Loan Post Closing Review (PCR) Specialist I will be responsible for performing reviews of executed loan documents for internally and externally prepared loan packages ensuring compliance with regulations, proper lien perfection for collateral pledged, legal recourse and mitigating monetary risk through accurate and timely loan documentation reviews. Will perform account validation for Collateral boarded to AFS.

Position Responsibilities:

  • Review of Commercial Loan packages for appropriately executed loan documents.
  • Issue and clear document exceptions for incorrect, incomplete, and missing information.
  • Review of Commercial Loan packages for satisfaction of regulatory items such as: TIL, RESPA, US Patriot Act, CRA/HMDA, Beneficial Ownership, etc.
  • Perform appropriate Lien Perfection and related Reviewer functions:

    • Submit recording and tracking requests for lien perfection and related activities.
    • Ensure UCC searches are obtained to validate Comerica is in the appropriate lien position on collateral pledged.
    • Authorize timely UCC filings via UCC vendor to ensure Comerica is in the appropriate lien position,
    • Validate the lien perfection status on all recordable documents including mortgages, titles, etc.
  • Review of Collateral boarded to the Commercial Loan Accounting System (AFS). Issue and clear input deficiencies for incorrect, incomplete, and missing information.
  • Review collateral set up comparing source docs to system input.
  • Perform research for regulatory, lien perfection and document exception issues and escalations.
    Manage individual group email box folders to ensure appropriate and timely resolution of document exception and other communications.
    Other duties as assigned.

About Comerica

We know that our employees are critical to our overall success. We are dedicated to investing in their future to maintain long-term relationships for lasting commitments. One of the ways we do this is to offer a comprehensive package of compensation and benefits programs which are regularly reviewed to maintain them at competitive levels. Your salary will be commensurate with your work experience.

Upon offer, Comerica conducts a comprehensive background check, fingerprint check and a drug test.

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 by the Business Bank, the Retail Bank, and Wealth Management. Comerica’s more than 9,000 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.