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:
3-7 years
Overtime Status:
Exempt
Job ID:
246227
Compliance Risk Assessment Specialist
- Facilitate the day-to-day execution of the CCRA — Collaborating with key stakeholders to identify and assess compliance risks and mitigating controls within the Bank’s business operations and processes.
- Work with the first and second lines of defense to build and maintain a compliance controls inventory.
- Coordinate with Enterprise Risk to ensure alignment and integration of the CCRA with the RCSA.
- Coordinate with the Regulatory Change Management Team to ensure the CCRA incorporates applicable regulations and regulatory changes.
- Collaborate with stakeholders to gather information and data, assess risk exposure and coordinate risk mitigation efforts.
- Provide recommendations and actionable insights to management on ways to mitigate identified compliance risks (includes process improvements, controls implementation, and policy enhancements).
- Develop and deliver training programs and awareness campaigns to educate employees on compliance management principles, requirements and best practices.
- Assist with ongoing reviews and assessments of the Bank’s compliance risk management program to identify areas for enhancement and implement those enhancements as needed.
- Provide feedback and enhancements to policies and procedures on a regular basis.
- Assist with the development and maintainence of KRIs to track risk assessment progress and results.
- Assist with the continued automation of the CCRA in the GRC Tool
- Analyze data and review documention to evaluate the potential impact of compliance risks on the Bank.
- Assist with accurate reporting, action plan monitoring, and GRC Tool quality assurance
- Track the status of compliance risks by monitoring key risk indicators and preparing regular reprts for management and regulatory authorities to communicate risk levels and mitigation efforts.
- Document risk assessment processes, findings and recommendations in accordance with established policies and procedures to ensure transparency and accountability.
- Bachelor’s degree from an accredited university
- 5 years Financial services or related industry
- 3 years Experience in compliance, risk management in financial services or related industry
- 2 years Compliance risk assessment and controls inventory
Comerica Great Lakes Campus8:00am – 5:00pm Monday – Friday