Portfolio Credit Officer

2 weeks ago

Auburn Hills, 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.

  • Commercial Credit Underwriter I-II

    1 month ago

    Auburn Hills, Michigan, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Leasing Credit Officer I

    11 hours ago

    Auburn Hills, United States Bank of America Full time

    Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for...

  • Credit Representative

    2 weeks ago

    Arden Hills, Minnesota, United States LandOLakes Full time

    As stated in the Land O'Lakes Job Posting policy, all employees who post for an internal opening must inform their current manager at the time they apply. ​Our growth relies on our extraordinary talent. Unlock your greatest potential at Land O'Lakes by continuing to make a difference, driving results and growing your career. Credit RepresentativeWe're...

  • Fuel Economy

    5 days ago

    Auburn Hills, United States VW Credit Full time

    Role Summary: Lead Green House Gas (GHG) and Corporate Average Fuel Economy (CAFE) compliance strategy implementation and customer facing fuel economy label strategy implementation, by working cross-functionally with teams in US and in Europe. Requires thorough understanding of US GHG/CAFE/Labeling regulations and requires strategic thinking to lead all...

  • Collector - Full Time

    4 days ago

    Auburn Hills, United States Genisys Credit Union Full time

    At Genisys Credit Union, we value our employees who are essential to our ongoing growth and success as a financial institution of choice. We offer a supportive, inclusive, and diverse work environment where you are comfortable to be you. Our team is proud to support the communities we live and work in. Our locations are consistently recognized for providing...

  • Credit Analyst

    5 days ago

    Agoura Hills, United States Westlake Services, LLC Full time

    Westlake Services, LLC | Agoura Hills Agoura Hills, CA 91301, USA Description Job Description : Responsible for all aspects of underwriting in the Originations unit to affect maximum possible profitability on a Westlake Direct deal. Focus on process and performance improvement and assume leadership responsibilities of the team as needed. Reports to the...

  • Call Center Representative

    4 days ago

    Auburn Hills, United States Genisys Credit Union Full time

    At Genisys Credit Union, we value our employees who are essential to our ongoing growth and success as a financial institution of choice. We offer a supportive, inclusive, and diverse work environment where you are comfortable to be you. Our team is proud to support the communities we live and work in. Our locations are consistently recognized for providing...

  • Assistant Portfolio Manager

    2 days ago

    Auburn, United States Invitation Homes Full time

    Who We AreInvitation Homes is a team of more than 1,400 associates who come from all walks of life. We call different communities “home.” But our shared values bind us together. Invitation Homes is a place where possibility lives.The market teams include our Leasing, Property Management and Rehab, Turns & Maintenance professionals. Together, our...

  • Commercial Banking Officer

    3 days ago

    Auburn, United States ServisFirst Bank Full time

    At ServisFirst, Our Name is Our Mission. DUTIES AND RESPONSIBILITIES The Commercial Banking Officer is responsible for developing new business, underwriting, structuring and the closing of commercial loans, as well as maintaining and servicing an existing portfolio. This Officer represents the Bank in the local community through active participation in...

  • Commercial Credit Analyst II

    5 days ago

    Auburn, United States Maine Community Bank Full time

    Job Type Full-time Description Position Title: Commercial Credit Analyst IIDepartment: Credit AdministrationReports To: Commercial Credit Department Manager (or Senior Credit Analyst/Team Lead)Supervises: N/AFLSA Status: ExemptLast Revised/Approved: March 2024POSITION SUMMARY: Analyze financial statements, business plans, credit reports and other relevant...

  • Commercial Banking Officer

    5 days ago

    Auburn, United States ServisFirst Bank Full time

    At ServisFirst, Our Name is Our Mission. DUTIES AND RESPONSIBILITIES The Commercial Banking Officer is responsible for developing new business, underwriting, structuring and the closing of commercial loans, as well as maintaining and servicing an existing portfolio. This Officer represents the Bank in the local community through active participation in...

  • Consumer Loan Officer

    1 month ago

    Beverly Hills, United States Beverly Hills City Employees Federal Credit Union Full time

    **Full-time position** **FINAL FILING DATE**: OPEN UNTIL FILLED The Beverly Hills City Employees FCU is seeking an experienced consumer loan officer. His/Her duties includes but not limited to the following **JOB SUMMARY**: Process loan. **RESPONSIBILITIES**: - Conduct loan interviews. - Cross sell Credit Union products and services. - Assist in...

  • Relationship Banker II

    6 days ago

    Auburn Hills, United States CORNERSTONE COMMUNITY FINANCIAL CREDIT UNION Full time

    Job DescriptionJob DescriptionPosition Description:The Relationship Banker II will support CCF by developing and nurturing relationships with our membership working diligently to find real positive solutions for their financial needs. They will utilize their strong product knowledge to promote, educate, and cross-sell financial products and services to meet...

  • Relationship Banker II

    4 weeks ago

    Auburn Hills, United States CORNERSTONE COMMUNITY FINANCIAL CREDIT UNION Full time

    Job DescriptionJob DescriptionPosition Description:The Relationship Banker II will support CCF by developing and nurturing relationships with our membership working diligently to find real positive solutions for their financial needs. They will utilize their strong product knowledge to promote, educate, and cross-sell financial products and services to meet...

  • Credit Analyst I

    3 days ago

    Beverly Hills, United States City National Bank Full time

    Overview: **CREDIT ANALYST I** **WHAT IS THE OPPORTUNITY?** The Credit Analyst assists Entertainment Relationship Managers and Credit Product Officers with structuring, underwriting, closing, and managing middle market cash flow / leveraged loans for film, music, and sports as well as other sectors of the entertainment industry through research, analysis,...

  • Credit Analyst I

    4 days ago

    Beverly Hills, United States City National Bank Full time

    Overview: CREDIT ANALYST I WHAT IS THE OPPORTUNITY? The Credit Analyst assists Entertainment Re lationship Managers and Credit Product Officers with structuring, underwriting, closing, and managing middle market cash flow / leveraged loans for film, music, and sports as well as other sectors of the entertainment industry through research, analysis, and...

  • Credit Analyst I

    3 days ago

    Beverly Hills, United States City National Bank Full time

    Overview: CREDIT ANALYST I WHAT IS THE OPPORTUNITY? The Credit Analyst assists Entertainment Relationship Managers and Credit Product Officers with structuring, underwriting, closing, and managing middle market cash flow / leveraged loans for film, music, and sports as well as other sectors of the entertainment industry through research, analysis, and...

  • Portfolio Community Manager

    1 month ago

    Laguna Hills, United States La Perla Property Management Full time

    Job Description: HOA Portfolio Manager Position Overview: We are seeking a highly organized and experienced HOA (Homeowners Association) Portfolio Manager to join our team. As an HOA Portfolio Manager, you will be responsible for overseeing and managing a diverse portfolio of homeowner associations, ensuring their smooth operation, financial stability, and...

  • Credit Analyst Ii

    2 days ago

    Beverly Hills, United States City National Bank Full time

    Overview: **CREDIT ANALYST II** **WHAT IS THE OPPORTUNITY?** The Credit Analyst assists Entertainment Relationship Managers and Credit Officers with structuring, underwriting, closing, and managing middle market cash flow / leveraged loans for film, music, and sports as well as other sectors of the entertainment industry through research, analysis, and...

  • Credit Support Representative

    5 days ago

    Auburn, United States Sonepar Full time

    At, we embrace what makes us unique. As a company with local roots and global reach, we excel at the diversity of our Associates and the different ways each of us contributes to our success. What keeps us at the forefront of progress? Our people. No matter where they work or who they are, we trust their individual skills and qualities and give them...