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Comerica - Grand Rapids, MI

posted about 1 month ago

Full-time - Mid Level
Grand Rapids, MI
Credit Intermediation and Related Activities

About the position

The Relationship Manager for Middle Market at Comerica Bank is responsible for driving new business development, managing a portfolio of clients, and underwriting to meet the needs of the group. This role targets clients with annual revenues between $30MM and $500MM, focusing on building and maintaining strong customer relationships while enhancing the bank's profitability.

Responsibilities

  • Increase the Bank's profitability by cultivating new business relationships.
  • Maintain and develop customer relationships, new business, and periodic review of existing loan arrangements.
  • Negotiate proper loan structures, selling the Bank's credit and non-credit products.
  • Accept special projects in support of the team and community involvement.
  • Maintain knowledge of corporate banking, credit and non-credit products, trust, real estate, treasury management and other bank functions.
  • Maintain knowledge of accounting and financial principles, marketing and sales principles, credit analysis, economics and other bank functions.

Requirements

  • Bachelor's Degree from an accredited university
  • Completion of a Commercial Credit Training Program
  • 5 years of commercial lending experience (for Vice President, Relationship Manager III)
  • 3 years of experience managing a portfolio of clients (for Vice President, Relationship Manager III)
  • 3 years of financial sales experience (for Vice President, Relationship Manager III)
  • 7 years of commercial lending experience (for Vice President, Relationship Manager IV)
  • 5 years of experience managing a portfolio of clients (for Vice President, Relationship Manager IV)
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