Portfolio Credit Officer

2 weeks ago


Lansing, United States COMERICA MANAGEMENT CO INC Full time

Vice President, Portfolio Credit Officer The Vice President, Portfolio Credit Officer (PCO) is responsible for the overall monitoring, administration, and quality of their assigned portfolio/product(s). Responsibilities include verification of approvals, monitoring performance and leading governance for portfolio credit risk, testing and monitoring rules and procedures, recommending changes to rules or scoring parameters, owning related policies and procedures along with monitoring compliance, maintaining satisfactory audits and exams, and implementing action plans to correct any deficiencies. The Portfolio Credit Officer will work closely with operational teams that support the product, line of business, management that own the portfolio, and other Credit departments responsible for the credit risk oversight. Position Responsibilities: Portfolio and Risk Management * Serves as the Credit officer for the assigned portfolio. * Manages the credit quality to ensure the Bank's interest is protected by managing to the expected loss as established by Comerica Bank's senior management. * Monitors the performance of the portfolio according to established metrics. * Comprehends automated scoring model and rules and corresponding impact to credit risk performance. * Determines eligibility parameters for automated solutions. * Leads governance and recommends changes for rules, scoring parameters and eligibility based on knowledge of parameters and significance of impact. * Reviews deteriorating and charged off loans for insights and potential rule changes. * Develops and owns Credit Policy for the assigned product. * Develops work plans to address and correct issues and weaknesses identified in AQR, Internal Audit and Regulatory Exams. * Chairs the governance committee, and other duties as assigned. Testing and Data Integrity * Defines testing scenarios; Identifies area of higher risk; Interprets and adjusts based on findings of tests. * Oversees ongoing testing and monitoring required for the product(s), automated solutions and manual operations. * Confirms and ensures accuracy of data inputs of key variables. * Maintains current, accurate and complete procedures, while monitoring compliance to procedures and addresses non-compliance. * Develops tactical and strategic recommendations for proper portfolio risk management. * Designs and executes change management for line and Credit departments including presentations and training. Portfolio Monitoring, Reporting, and Tracking * Manages the concentration reporting process to maintain portfolio risk with Comerica Bank's established objectives. * Develops and distributes appropriate portfolio reports for the assigned product(s) including credit metric performance. * Establishes and maintains process for tracking for exception approvals. * Recommends target levels for exceptions. * Presents exception situations and reviews for trends or patterns.

Position Qualifications: Minimum Qualifications: * Bachelor's Degree from an accredited University * 6 Years of experience of combined credit, underwriting, and lending experience -- 8 Years required if no formal credit training Preferred Qualifications: * 3 Years automated loan approval experience * Completion of formal credit training

Oaktec Building 8:00am - 5:00pm Monday - Friday. This position includes onsite and remote work days.

Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity. #J-18808-Ljbffr



  • Lansing, United States CASE Credit Union Full time

    POSITION PURPOSE Responsible for assisting with the direction and administration of Branch operations. Ensures that established procedures are followed. Monitors the provision of a full range of services to members and prospective members. Ensures that members are promptly and professionally served. Act in leadership capacity in the absence of management....


  • Lansing, Michigan, United States Horizon Bank Full time

    Job Overview Responsible for analyzing direct and indirect consumer loan applications and providing customer service to Horizon Bank branch advisors and dealership staff. Direct responsibility to underwrite secured and unsecured Consumer Lending products (HELOCs, HE term loans, direct auto/vehicle loans, mobile home loans, unsecured loans, lines of credit...


  • Lansing, United States Morty Full time

    Job DescriptionJob DescriptionJoin Morty as a mortgage loan officer in Michigan. Leverage our innovative mortgage technology, extensive lender marketplace, extremely competitive mortgage rates in Michigan and dedicated closing team to advance your career and achieve success.Are you a smart, resourceful, and self-sufficient individual? We're actively...

  • Loan Operations Clerk

    3 weeks ago


    Lansing, Michigan, United States Horizon Bank Full time

    Job Overview Responsible for daily tracking of consumer and mortgage insurance, input of loans, loan verification and loan check-ins, in compliance with state and federal regulations, company policies and established Standard Operating Procedures (SOPs). Work within a team to ensure loans progress through the pipeline efficiently and effectively. Principal...


  • Lansing, United States Lan-Oak Park District Full time

    **Role and Responsibilities** - To perform general office tasks, such as typing, filing, answering telephones, and operating office equipment - Computer literacy & problem-solving ability - Receiving and working cooperatively with customers/visitors - Assisting Park District visitors and directing them properly for appointments, inquiries, and programs -...


  • Lansing, United States Gillespie Group Full time

    As the Director of Commercial Real Estate, you will be the powerhouse leader behind our strategic approach to optimizing the commercial real estate portfolio. From lease administration to renewals, you will be the driving force ensuring our tenants receive "5-star" customer service while we maximize our potential. Reports To: Vice President of Operations...


  • Lansing, United States CU Solutions Group Full time

    Job Type Full-time Description This is a remote position which may require minimal travel as needed for business needs (conferences, team/board meetings, etc.) THE OPPORTUNITY The Director of Cyber Security (DCS) assumes a pivotal role in safeguarding the organization's information systems and data from potential security threats and breaches. With a focus...

  • Front Desk Host

    4 weeks ago


    Lansing, United States CSM Corporation Full time

    ** Front Desk Host - $500 sign on bonus** **Job Category****:** Front Office **Requisition Number****:** FRONT003803 Showing 1 location **Job Details** **Description** The Gallery Host creates the Hyatt Place experience for our guests by offering guests a larger than home experience with welcoming, helpful and exceptional service. Act with integrity,...


  • Lansing, United States Capital Area Transportation Authority Full time

    CUSTOMER EXPERIENCE REPRESENTATIVE Page 1 of 2 Job Summary - Essential Functions: The Customer Experience Representative is located at the CATA Transportation Center ("CTC"), the Multi-Modal Gateway, or at the CATA Administrative Offices and is responsible for providing information to the public regarding CATA services, sales of CATA fare media (tokens,...

  • Financial Analyst

    1 week ago


    Lansing, United States Abacus Full time

    The State of Michigan is looking for an Financial Analyst for the Civil Service Commission within the Miliary Affairs Central office. This position will be assisting with the analysis of Master Cooperative Agreement (MCA) program expenditures by running queries, reviewing results and analyzing expenditure details. Will complete a thorough review and analysis...

  • Auditor 9-P11

    4 days ago


    Lansing, Michigan, United States Michigan Public Service Commission Full time

    As Auditor, perform a full range of professional research and analyses of utility reports, financial records, and rate case presentations to determine the appropriate level of rates for regulated energy utilities, utilizing laws, regulations, and Commission policies and precedents. Must be able to articulate findings in a written and oral format. Maintain...


  • Lansing, United States Capital Area Transportation Authority Full time

    Job DescriptionJob DescriptionCUSTOMER EXPERIENCE REPRESENTATIVEPage 1 of 2Job Summary - Essential Functions:The Customer Experience Representative is located at the CATA Transportation Center ("CTC"), the Multi-Modal Gateway, or at the CATA Administrative Offices and is responsible for providing information to the public regarding CATA services, sales of...


  • Lansing, United States Michigan Farm Bureau Full time

    To learn and assist with all programs and services of Great Lakes Ag Labor Services (GLALS), a provider of legal seasonal H-2A guestworkers for Michigan farms. To experience all facets of GLALS service portfolio, including contract filing, on-farm guestworker training and onboarding, administrative, domestic recruitment interviews, supporting clients in...


  • Lansing, United States The Judson Group Full time

    Judson Group has been retained by an RIA with over $600MM AUM in their search for an Associate Wealth Advisor . This individual will support the firm’s senior leadership by taking over existing client relationships and leading on new client relationships. They will be responsible for developing financial plans, managing client relationships, reviewing...


  • Lansing, United States Blue Cross Blue Shield of Michigan Full time

    Are you a Technology Leader that is looking to leverage your Guidewire expertise to empower and transform one of the nation’s top P&C carriers? AF Group is seeking a dynamic, Guidewire savvy leader that will take our product delivery and support teams to the next level of success! The Director of IT Delivery will manage a portfolio of Guidewire software...

  • Insurance Sales Agent

    4 weeks ago


    Lansing, United States New York Life - LansingAnn Arbor Full time

    Job DescriptionJob DescriptionJump into the world of insurance sales by applying to join our growing team as an entry-level insurance agent! We are looking for a people person with strong listening skills, attention to detail, and the ability to effectively communicate insurance programs and plans to new customers. Our ideal candidate will embrace the...


  • Lansing, United States AF Group Full time

    SUMMARY: Primarily responsible for supporting the billing needs of agents and policyholders providing accurate and consistent services regarding invoice inquiries and premium transaction activity. Approve changes in accordance with billing rules and procedures in compliance with Accident Fund and/or bureau rules and regulations. Contacts include Service...

  • 9-1-1 Dispatcher

    2 weeks ago


    Lansing, United States Ingham County, MI Full time

    Applications are accepted until there are sufficient numbers of qualified applications or qualified candidate has been identified.  The position could possibly close at any time.*  Under the supervision of the Director or his/her designee and in a 24 hour work environment, the 9-1-1 Dispatcher receives emergency calls from the public in need of law...

  • Premium Analyst I

    4 weeks ago


    Lansing, Michigan, United States Emergent Holdings Full time

    Job DescriptionSUMMARY:Primarily responsible for evaluation, approval, completion and processing of mail audits and reviewing phone audits in a multi-functional business unit. Provides direct customer service via phone, fax, and e-mail to internal and external customers including, but not limited to; Business Development Consultants and assigned risk...


  • Lansing, United States City of Detroit, MI Full time

    Under general supervision, is in charge of the structural engineering design, construction and preparation of plans and specifications for major municipal structural engineering projects; manages the bridge inspections, and maintenance and capital improvement program for the division. * Supervises the work of a moderately large group of subordinate engineers...