Job summary
Job post source
This job is directly from Comerica Bank
Job overview
The Commercial Underwriting Program at Comerica Bank is an 18-24 month training program designed to develop credit professionals with strong underwriting skills across various commercial banking lines of business.
Responsibilities and impact
The role involves preparing loan approval packages, analyzing financial information for credit risk, determining loan structures, and monitoring credit exposure to support credit decision-making and customer needs.
Compensation and benefits
The position offers an hourly wage range of $25.99 to $47.00 in California with a comprehensive Total Rewards package including health, retirement, and paid time off benefits, plus development programs and flexible benefits.
Experience and skills
Candidates need a Bachelor's degree with at least two accounting courses and one year of Microsoft Office experience; preferred qualifications include a degree in Business or Economics, a GPA of 3.0, leadership skills, and strong communication abilities.
Career development
The program offers professional development through coaching, mentoring, assessments, exposure to senior leadership, and team-building activities to foster career growth.
Work environment and culture
Comerica Bank promotes a collaborative, supportive team environment with a strong culture of diversity, inclusion, community investment, and environmental commitment.
Company information
Comerica Bank is a large U.S. commercial bank headquartered in Texas with over 170 years of history, focusing on relationship banking and serving multiple states and international markets.
Job location and travel
The position is based in Costa Mesa, CA, with a hybrid work schedule of 2-5 days in the office, Monday to Friday, 8:00am to 5:00pm.
Unique job features
The program provides exposure to various commercial banking lines of business and senior leadership, blending classroom and on-the-job training to build a strong credit foundation.
Company overview
Comerica Bank is a prominent financial services company headquartered in Dallas, Texas, specializing in commercial banking, retail banking, and wealth management. The bank generates revenue through interest income from loans, fees from various banking services, and investment management. Founded in 1849, Comerica has a rich history, including significant expansions and mergers, such as the acquisition of Sterling Bank in 2011, which bolstered its presence in Texas. The bank is known for its strong focus on relationship banking and personalized financial solutions.
How to land this job
Position your resume to highlight your educational background with emphasis on your bachelor's degree and accounting coursework, as these are key minimum qualifications for Comerica Bank's Commercial Underwriting Program.
Emphasize analytical skills, financial analysis experience, and proficiency with Microsoft Office applications, especially Excel, Word, PowerPoint, and Outlook, as these are critical for preparing loan packages and credit analysis.
Apply through multiple channels including Comerica Bank's official corporate careers page and LinkedIn to maximize your application visibility and increase your chances of landing an interview.
Connect with current Comerica Bank employees in the Commercial Underwriting or Credit divisions on LinkedIn; use ice breakers like commenting on recent company initiatives, asking about their experience in the underwriting program, or expressing genuine interest in Comerica’s commitment to professional development and diversity.
Optimize your resume for ATS by integrating keywords from the job description such as 'credit analysis,' 'loan approval packages,' 'financial information analysis,' 'underwriting,' and 'Microsoft Office proficiency' to ensure your resume passes initial automated screenings.
Utilize Jennie Johnson’s Power Apply feature to automate multi-channel applications, tailor your resume with relevant keywords, and identify LinkedIn contacts for networking, allowing you to focus your time on interview preparation and skill development.
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