Primary Location:
Comerica Bank Center (CBC)
Locations:
Work From Home, MI US
Additional Locations:
Comerica Bank Center (CBC); New York; Work From Home NJ
Job Type:
Full-time
WorkBest Job Category:
Category B – 3-4 days in office on designated days/1-2 days remote
Job Category:
Product Management
Required Experience:
7-12 years
Overtime Status:
Exempt
Job ID:
238481
Manager CRMP Middle Office Manager
- Provide consistent and effective leadership in accordance with HR policies and procedures.
- Provide management direction and support to direct reports and various indirect resources.
- Promote a positive and collaborative working environment.
- Lead process inventory development and process mapping across the enterprise.
- Identify opportunities for centralization, process improvement and automation of operational processes and controls.
- Collaborate with upstream/downstream colleagues to ensure end-to-end processes occur without interruption.
- Proactively identify issues that impact collateral operations including failed controls, financial reporting, and lead resolution effort.
- Creates periodic report templates and dashboards outlining relevant operational metrics.
- Play lead role in operationalizing the new enterprise platform that will automate existing manual tasks and allow for real time reporting, improving the accuracy of financial reporting.
- Lead projects and change management initiatives that have enterprise collateral impacts.
- Participate in projects related to other business units which may have change management and risk impacts to collateral processes, procedures and reporting.
- Participate in enterprise projects including Process Change Management and Process Simplification as required.
- Lead identification, development and implementation of strategy for risk assessment, risk appetite, risk measurement, risk reduction and mitigation.
- Drive development of a centralized collateral management system (CMS) framework.
- Develop and implement reporting of key compliance and operational risk indicators with as an early warning system.
- Proactively self-identify operational, third-party, compliance, reputational, liquidity and market risk focused gaps and issues.
- Develop and implement self-monitoring of collateral compliance and operational controls through an annual monitoring plan.
- Identify and implement control and process automation opportunities.
- 4-year bachelor’s degree
- 7 years Financial Services operations (middle office and/or back office) experience
- 7 years working within a risk and collateral management framework
- 2 years Leading teams or directly managing individuals
- 4 years Software implementation and/or management Experience
- 3 years’ experience in Securities and Investment Banking operation with a strong understanding of how the function "fits" within the broader organization
- 3 years similar middle/back-office software knowledge experience
Comerica Bank Center (CBC)8:00am – 5:00pm Monday – Friday
Salary:
For candidates hired in the state of New York the expected salary/On-Target Earnings (OTE) range for the role is currently:
- New York – $130,000 – $270,000 Annually
Salary Range(s) is subject to change. Comerica Bank takes several factors into account when determining individual starting pay. These include but are not limited to position, grade level, location/metropolitan area, skillset, and peer compensation. Comerica Bank considers the employer’s work location to determine the pay range.