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Form of workQualifications
- Bachelor's Degree or 4 years of relevant experience Preferred to be in finance, accounting or related business management field, Master's Degree Preferred to be in finance, accounting or related business management field
- 7 years of progressive experience in performing high level risk assessment, particularly as it applies to the financial services industry.
- 7 years of experience in the financial services industry reviewing trends, making recommendations based on findings, analyzing risks, and creating mitigation strategies
- 5 years of experience in analysis and/or development of Control Testing Programs, Issue Management and Remediation Efforts and Risk Management
- 5 years of background in audit, risk, compliance, and/or policy management
Job Description
This position will manage the maintenance and implementation of the Control Testing Standards with a focus on associated risk governance and risk training and will perform Issue Coordinator Responsibilities for Enterprise Risk Division. The position will develop and ensure appropriate maintenance of common reporting, content formats and templates for Issue Management related governance documents and Enterprise risk Division related reporting. The position will also interface with risk committees and other lines of business to manage and coordinate the awareness and training for Corporate Testing Standards in line with Comerica's Enterprise Risk Management Framework goals and objectives.
Management of Control Testing Standards
- Ensure standards are well documented, aligned with regulatory expectations and industry standards, and supports the risk assessment and management activities across all risks and controls of the organization.
- Identify opportunities for improved alignment with the ERM Framework supporting all lines of defense and work with those Business Units to achieve compliance.
- Manage and ensure appropriate processes for change Control and continuously enhance the supporting documentation and training.
- Identification and reporting on Enterprise Risk Division Issues.
- Maintenance of Risk Division procedures to define responsibilities of Issue Coordinator.
- Development, Maintenance and Coordination of dashboard reporting for Enterprise Risk Department meetings including quarterly reporting against risk metrics identified.
- Coordination with various Issue owners and ongoing reviews of Issue Documentation, Investigation and Remediation for approval as well as testing and Validation to ensure alignment with Issue Management Policy, ERM Framework and other policies.
- Document and maintain processes and procedures for Enterprise Risk Issue Coordinator responsibilities in alignment with policy and regulatory expectations and industry standards.
- Create ad hoc reporting as necessary to support Issue Coordinator responsibilities, Implementation and Governance for Enterprise Risk Management Division.
- Facilitate Regular Risk Summits with risk participants from all three lines of defense to support Control Testing Standards.
- Additional training and awareness on appropriate topics targeted toward appropriate risk managers on risk topics (e.g., Issue Management. Control Sampling, etc.).
- Provide input, feedback and challenge to various Issue Owners and Risk teams as the organization aims to align these processes.
- Support the processes necessary to complete the Annual Control Testing Programs
- Other Ad hoc reporting and projects as necessary.
Work Hours8:00am - 5:00pm Monday - Friday
WorkBest Job CategoryCategory C - Days may vary based on workweek schedule (1-5 days in office)
Salary Range
Work Location(s)Comerica Great Lakes Campus, 17 Cowboys Way
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.
