Primary Location:
Comerica Great Lakes Campus
Locations:
Farmington Hills, MI US
Additional Locations:
Comerica Great Lakes Campus; 17 Cowboys Way
Job Type:
Full-time
WorkBest Job Category:
Category C – Days in the office will either be designated days or will vary week to week from 2-5 days
Job Category:
Compliance/Security/Fraud/Risk
Required Experience:
7-12 years
Overtime Status:
Exempt
Job ID:
246225
Manager, Corporate Compliance Risk Assessment – Hybrid
- Develop the strategy for the compliance controls inventory implementation and integration into the CCRA and RCSA.
- Stay abreast of changing laws and regulations that apply to the Bank.
- Participate in industry forums.
- Responsible for evolving and maintaining policies and procedures related to Compliance Risk Assessment.
- Oversee the execution of the Corporate Compliance Risk Assessment (CCRA) and ensures consistency in how the methodology is applied.
- Lead the evolution and maintenance of the Compliance Controls Inventory.
- Partner with Enterprise Risk to ensure alignment with the CCRA with the RCSA.
- Oversee the integration of CCRA applicable regulations and regulatory changes intothe CCRA.
- Identify compliance control gaps and manage the development of action plans and clear risk ownership of specific compliance risks to ensure transparency, ownership, and accountability.
- Ensure compliance risk mitigation plans are in place to address gaps identified in the CCRA and monitor and report on those plans the status of those plans.
- Provide recommendations and actionable insights to management on ways to mitigate identified compliance risks (includes process improvements, controls implementation, and policy enhancements).
- Continuously improve the program by evaluting and enhancing the CCRA to adapt to changing regultory requirements, business needs, and evolving industry standards.
- Perform independent review and challenge of 1LODs risk and control assessments and outputs, including inherent risk ratings and control effectiveness ratings.
- Responsible for developing and maintaining common standards, tools and methodologies for risk assessment.
- Manage the continued automation of the CCRA in the GRC Tool.
- Lead the evolution and maintenance of the Compliance Controls Inventory.
- Develop and maintain reporting and KRIs to track risk assessment progress and results.
- Responsible for preparing reports for senior management and regulators.
- Responsible for maintinaing accurate documentation of compliance activities.
- Ensure timely communication and escalation of compliance related issues.
- Responsible for reporting, action plan monitoring, and GRC Tool quality assurance.
- Develop team through on-going performance coaching, counseling and training programs.
- Hire, train and retain a high-performing team.
- Provide guidance and training on compliance matters, conduct training sessions and promote a culture of compliance.
- Develop training associated with CCRA to ensure that the Bank complies with relevant laws, regulations and industry standards.
- Bachelor’s degree from an accredited university
- 8 years Financial Services or related industry experience
- 4 years Experience in compliance, risk management in financial services or related industry
- 4 years Compliance risk assessment and controls inventory
- 2 years Managerial experience
Comerica Great Lakes Campus8:00am – 5:00pm Monday – Friday