Specialty Commercial Analyst Responsible for the National management of the Commercial Specialty Loans for the Participation Bought portfolio. Evaluate, interpret, and execute the payment, advance and funding responsibilities for all loan types. Processing all incoming and outgoing wires following AML Travel Rule. Interact with internal Lines of Business, Financial Institutions, Loan Officers, Lending Assistants and Management to resolve issues. The Commercial Loan Specialty Processor I role is part of a combined team that handles daily administration of roughly $16 billion and greater of loan commitments and loan accounts for roughly $20 Million and greater of annual fee income. Position Responsibilities: Process Funding and Advances * Interact with Lenders, Closers, Attorneys, and Agent Banks to close, fund, and book transactions following the parameters of the credit agreement. * Analyze and interpret complex documentation associated with payment applications to ensure proper payment application. i.e. principal, interest and fees collected. * Initiate and approve outgoing wires for advances & fundings based on criteria received for funding based on loan availability and credit agreement. * Process financial transactions related to fundings, payments, and fees using AFS and DEALS. * Track General Ledger entries to ensure timely clearing. * Create a SharePoint Entry for Fundings and send to Review & Booking. * Process outgoing wires according to Comerica and AML travel rule policy. * Communicate effectively both written & orally with all Lines of Business within Comerica's Framework National Portfolio Management -- Payments/Interest Rates/ Fees * Review documentation and input interest rate changes, spread changes, and conversions to ensure proper accruals on all loans for accurate Financial Reporting. * Effectively communicate & correspond with other Agent Banks toward solve issues related to fees, rates, payments, and rollovers etc. * Monitor Letter of Credit activity to ensure unused fees are computed correctly. Manually calculate and adjust AFS if required. Engage Letter of Credit Department if necessary. * Process adjustments to AFS on Canadian loans and send funds and fees required to * Comerica Canada * Create new interest rates based on interpretation of complex credit agreement language and submit to rate team for build and ensure AFS is updated accordingly once completed. * Manage the accuracy and collection of unused commitment fees. * Maintain and update key codes identifying obligation numbers for complex facilities. Reconcilement and Research * Ensure interest accruals and principal balances are accurate and reflected properly in the Banks financial reporting. * Manually retroactive adjustments, spread, or rate changes and input transactions into the accounting system to ensure we are in sync with Agent Bank. * Research and correct outstanding General Ledger and other financial entries. * Review reports and determine root cause to ensure accuracy of Loan Accruals and Adjustments for Financial Reporting. * Reconcile Commercial Loan balances and transactions against the Agent Bank's Notice. Financial and Governmental Reporting * Manage past due exception report. Capital Markets * Engage Capital Markets on fundings and paydowns requiring foreign currency conversions. * Track availability and unused fees for customers with foreign currency loans. * Process and Interact with RM/PM/GMs and Capital Markets Foreign exchange area related to break funding fees related to collection and system maintenance adjustments. * Process and balance transactions posted to general ledger related to foreign currency exchange. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled