What are the responsibilities and job description for the Operational Risk Governance Officer position at Comerica Bank?
Enterprise Risk Management Governance Officer I
This position will support the maintenance of the Enterprise Risk Management Framework with a focus on associated reporting, partner outreach and risk metrics reporting. The position will maintain common reporting and content formats for risk related governance documents and risk related reporting, reference materials which may include procedures, user guids, checklists, training guides . The position will also interface with risk liaisons to coordinate the documentation of various risk related policies and risk assessment reporting that are in line with Comerica's Enterprise Risk Management Framework goals and objectives.
This position will support the maintenance of the Enterprise Risk Management Framework with a focus on associated reporting, partner outreach and risk metrics reporting. The position will maintain common reporting and content formats for risk related governance documents and risk related reporting, reference materials which may include procedures, user guids, checklists, training guides . The position will also interface with risk liaisons to coordinate the documentation of various risk related policies and risk assessment reporting that are in line with Comerica's Enterprise Risk Management Framework goals and objectives.
Position Responsibilties:
Enterprise Reporting
Enterprise Reporting
- Support coordination and collection efforts of documentation for risk committee reporting requirements.
- Consolidate various Risk Report submissions to create full Risk Committee Packages for Management and Board Committee reviews.
- Consolidate risk metric reporting to create fully Key Risk Indicator Review packages for Management and Committee reporting.
- Documentation of Committee minutes for various risk committees.
Enterprise Risk Process Improvements
- Regular review of various internal and external reporting sources (e.g., Regulatory SR Letters, Emerging Risk Database assessments, Project Risk Engagement reports, etc.) to identify required outreach to Line of Business partners.
- Coordinate with various line of Business risk partners to complete Enterprise Risk Management processes where appropriate.
- Participate in department discussions to understand gaps and identify priorities for process improvements.
- Collaborate with necessary parties to implement and maintain documentation for new efficiencies/enhancements.
Corporate Governance Reviews
- Develop, implement, and coordinate the process to obtain notificatoin of changes in process(es).
- Provide awareness to Policy owners regarding ongoing reviews of charters, policies and frameworks that required Committee approvals.
- Ensure all changes to processes/systems are properly documents in procedures, job aids, etc.
- Review Corporate Policies and Charters to ensure compliance with Corporate Governance Framework checklist including required formatting as appropriate.
- Make recommendations to department management on proposed updates or alignment across policies and charters.
- Create and maintain an annual review schedule for department documents.
Enterprise Risk Training
- Support updates to Enterprise Risk Management training and awareness on risk topics for both Enterprise and Risk Liaison consumption.
- Develop and provide training to staf as necessary for changes in process/procedures.
Other Ad Hoc Projects and Support
- Other Ad hoc reporting and projects as necessary.
- Manage projects pertaining to process changes and/or system updates.
- Participate in technical and business process project planning sessions with team members to analyze and thoroughly understand business requirements.
Position Qualifications:
- Bachelor's Degree preferred to be in finance, accounting or related business management field
- 4 years of working in a Financial Services Industry or highly regulated industry
- 2 years of reviewing, updating and documenting processes, procedures, policies and/or other governance documents
- 2 years of coordinating with multiple stakeholders to obtain key information needed for reporting requirements
- 1 year in working with change management and controls
8:00am - 5:00pm Monday - Friday. This position offers a hybrid work model that includes onsite and remote days as determined by the manager.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.