Group Manager II - SBA
This position is responsible for the overall management, sales and strategy, financial performance and compliance of the SBA lending division. This includes the oversight of the SBA loan portfolio, the origination, packaging and closing of SBA loans, and ensuring adherence to all regulatory and SBA requirements. The role also entails direct leadership of the SBA sales and operations team delivering high quality client service, and supporting SBA lending activity across all bank markets.
Position Responsibilities:
SBA Lending and Portfolio Management
- Oversee the performance and quality of the SBA loan portfolio.
- Ensure compliance with loan policies, guidelines, and SBA regulations.
- Partner with credit administration.
- Monitor portfolio credit quality and take appropriate actions to manage risk.
- Assist SBA advisors with structuring and analyzing new and existing credits.
- Manage collateral sales, loan payoffs, and daily client service needs.
Origination and Lending Support
- Originate, package and close SBA loans in accordance with bank policies, and SBA guidelines.
- Support business development efforts across lines of business.
- Ensure proper documentation and compliance to maintain the SBA Guarantee and the Bank's Preferred Lender Program (PLP) status.
- Maintains relationships with portfolio clients and serves as liaison for specialty SBA lending matters.
- Ensure teams execute timely and accurate delivery of loan documentation and client requests.
Regulatory Compliance and Program Oversight
- Act as a Subject Matter Expert (SME) on all SBA Lending matters.
- Maintain deep knowledge of SBA Standard Operating Procedures (SOP's) and ensure department-wide adherence with fluid SBA regulations.
- Ensure completion of all compliance-related training by staff.
- Achieve satisfactory or better results on all internal and external audits and examinations.
Leadership and Staff Management
- Provide day-to-day management of SBA's sales and operations staff. Lead team coaching, training, development, and performance management. Responsible for talent management.
- Ensures the team delivers a high level of service and support to traditional lending groups.
Position Qualifications:
- Bachelor's Degree from an accredited university in Business or Finance
- 10 years or more of Lending experience
- 5 years of Management experience
Work Best Category: Category B - 3-4 days in office on designated days/1-2 days remote
Hours: 8:00am - 5:00pm Monday - Friday
Salary: To Be Determined Based on Individual Experience
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. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI's Record of Arrest and Prosecution Background ("RAP Back") service, which provides ongoing notification to the Company of any updates to your criminal history.
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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Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
May 17, 2025