Address
Form of workQualifications
- Bachelor's degree in Business Admin, Risk Management or related field of study
- 7 years of Third Party Risk Management experience
- 5 years of Financial Services experience
- 3 years of eGRC Archer experience
- Certifications in Risk Management, i.e., Certified Third Party Risk Procession (CTPRP), Certified Enterprise Risk Professional (CERP) and relevant disciplines, CISA, CRISC, CGEIT and CISM
Job Description
Third-Party Risk Lead reports to the Third-Party Risk (TPR) Manager. Responsible for managing, executing, and improving governance and infrastructure elements of Comerica's TPRM program. Assist in governance committee reporting and communication of TPRM initiatives. Monitor regulatory developments and emerging risks that impact TPRM program including identification and remediation of TPRM program gaps/issues. Assist in maintaining program documentation (policy, procedure, training materials, website, etc.) and continuous improvement initiatives. Support preparation for internal audit/regulatory exam requests. Provides expertise and guidance to Third-Party Risk Analyst support staff and leads process improvements to team.
Process and System Design/Maintenance
- Log system and process defects and enhancement requests, plan periodic improvement releases, develop associated change management plans and training.
- Maintain system data by developing data sources/feeds and reports (user contact and employment status, supplier contacts, supplier deactivation at end of contract).
- Performance statistical sampling of program artifacts to identify system/process improvements and training opportunities.
- Continuous Improvement Gap Analysis -- Platform, Integrate Third Party Data Feeds, etc.
- Maintain program procedures, job aids, and training materials, present as needed.
- Organize program materials to ensure ability to demonstrate program compliance with regulatory guidance, gather materials for audit and regulatory exams.
- Tool and resource enhancements -- integration of new data sources, etc.
- Manage program issues/audit findings.
- Complete program Risk & Control Self-Assessment.
- Manage Third-Party Risk web page and reference documents.
- Manage Policy Exception reporting, GLBA requests, Late Reporting and Escalations.
- Develop user self-serve reporting and dashboards (versus governance and management reporting).
- Conduct Third-Party spend analytics.
- Identify and address sole/single source situations and assist Third-Party Risk Analyst and business unit with mitigation strategy.
- Evaluate inherent risk tools and provide improvement recommendations.
- Perform quality assurance of inherent risk assessment processes performed by supplier managers, subject matter risk partners, and Third-Party Risk Analysts.
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)Oaktec Building
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.
