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Special Assets Officer IV

Comerica Bank
$116,150 - $233,750 Annually
life insurance, parental leave, paid time off, sick time, 401(k), remote work
United States, Michigan, Detroit
Apr 29, 2025
Special Assets Officer IV
The Vice President, Special Assets Officer is responsible for managing a Special Assets Group (SAG) portfolio of complex commercial loans and developing collection strategies.
Position Competencies:
  • Successful incumbents possess strong credit, analytical, negotiating, time management and verbal and written communication skills.
Position Responsibilities:
  • Develops, negotiates, and implements strategies to maximize collections and mitigate other risks and exposures.
  • Provides accurate, complete, and timely individual loan and overall portfolio reports, including recommendations for non-accrual status, individual reserves, and charge-offs.
  • Assists in forecasts and estimates of the timing of resolution and amount of collections.
  • Provides feedback and analysis on causes of credit impairments and losses.
Position Qualifications:
  • Bachelor's degree from an accredited university
  • 6 years of commercial lending experience
  • Completion of a commercial credit training program
Work Best Category: Category C - Days in the office will either be designated days or will vary week to week from 2-5 days Hours: 8:00am - 5:00pm Monday - Friday. This position includes onsite and remote work days. Salary:

For candidates hired in the state of California, Colorado, Washington, New York the expected salary/On-Target Earnings (OTE) range for the role is currently:



  • California - $116,150 - $233,750 Annually


Salary Range(s) is subject to change. Comerica Bank takes several factors into account when determining individual starting pay. These include but are not limited to position, grade level, location/metropolitan area, skillset, and peer compensation. Comerica Bank considers the employer's work location to determine the pay range.

About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.

Upon offer, Comerica conducts a comprehensive background and fingerprint check.

NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.

Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.

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