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A leading financial institution is seeking a Collateral Analyst II to safeguard and monitor collateral for its Business Bank and Wealth Management Lending portfolios. The role involves maintaining accurate collateral files, ensuring compliance with documentation policies, and mitigating risks associated with pledged assets. The ideal candidate will have a Bachelor's degree in Finance and strong analytical skills to support the bank's commercial loan portfolio effectively.
Collateral Analyst II
The Collateral Services Analyst II is responsible for executing key functions that support the safeguarding, monitoring, and reporting of the bank's collateral pledged to support the Business Bank and Wealth Management Lending portfolios. Effective execution of these responsibilities is essential to maintaining a sound lien position in assets securing the Bank's commercial loan portfolio and mitigating inherent risks associated with security interests across all Comerica loan groups and lines of business.
Ensure data accuracy in the AFS system for proper portfolio reporting:
Protect the bank's lien position and mitigate risks related to collateral loss due to tax foreclosure or failure to maintain insurance: