Address
Form of workQualifications
- Bachelor's Degree in accounting
- 5 years of Accounting and Reporting experience, financial services and Regulatory Reporting preferred.
- 2 years of Management and staff development experience
- CPA preferred
- Advanced knowledge of Microsoft Excel (e.g., advanced functions such as VLOOKUP and IF statements, create pivot tables)
- Intermediate knowledge of Microsoft Word, PowerPoint, and Outlook
- Advanced knowledge of reporting software (e.g., AxiomSL/Adenza)
- Exceptional technical accounting skills, with in-depth knowledge of GAAP reporting (preferred Regulatory Reporting background)
- Ability to work collaboratively and building strategic relations with colleagues and external regulators
- Ability to implement new systems and procedures and to evaluate their effectiveness
- Financial services and/or "Big 4" public accounting experience is a plus
Job Description
This position manages the preparation of reports for bank regulatory agencies, including the Comprehensive Capital Analysis and Review (CCAR), FR Y-14M, and FR Y-14Q, among . others. Provides support for the quarterly Call and FRY-9 reports and other regulatory disclosures such as the FR2900, FR2644, and FFIEC 009, among others.
- Serves as point of contact for consultation and documentation regarding regulatory disclosure issues, including system implementations for the Enhanced Prudential Standards and processes for applicable reports.
- Continuously enhance and drive accountability of the critical data elements used for Regulatory Reporting including collaboration with various stakeholders across business and functional areas of the bank to interpret, operationalize and implement Regulatory Reporting data requirements.
- Research and review Regulatory Reporting changes including impact analysis with focus on Regulatory CCAR reports. Manage and lead cross-report reconciliations as applicable.
- Review Regulatory disclosures and reports, underlying workpapers and calculations for accuracy and completeness, while assisting staff with proper preparation of these reports.
- Manage reporting processes, including review of rules integrating data into the reports, to ensure timeliness and proper workflow and incorporation of all feedback received from other collaborators.
- Identify and implement opportunities to automate, increase efficiencies and improve controls with software and process enhancements as well as compliance with Enhanced Prudential Standards.
- Research and consult on complex reporting issues and respond to ad-hoc requests for reports and information.
- Manage and develop staff.
Work Hours8:00am - 5:00pm Monday - Friday This position offers a hybrid work model that includes onsite and remote days as determined by the manager.
WorkBest Job CategoryCategory C - Days may vary based on workweek schedule (1-5 days in office)
Salary Range
Work Location(s)Comerica Bank Tower
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 by the Business Bank, the Retail Bank, and Wealth Management. Comerica's more than 9,000 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.
