ERM Governance Officer III
This position will support the maintenance and implementation of the Enterprise Risk Management Framework with a focus on associated risk governance, risk metrics tracking and risk training. The position will develop and maintain common reporting and content formats for risk related governance documents and enterprise-wide risk related reporting. The position will also interface with risk committees and other lines of business to manage and coordinate the documentation of various risk related policies and other reporting that are in line with Comerica's Enterprise Risk Management Framework goals and objectives.
Position Responsibilities:
Oversight of Enterprise Risk Framework
- Ensure Framework is well documented, aligned with regulatory expectations and industry standards, and supports the risk assessment activities across all risks of the organization through appropriate hierarchies.
- Identify opportunities for improved alignment with the ERM Framework within first and second lines of defense and work with those business units to achieve.
- Manage and maintain change control and continuously enhance the Enterprise Risk Hierarchies and lists, and risk rating criteria (Taxonomy, Business Unit, Process, Product, Risk amp; Control Library).
Enterprise Risk Governance amp; Documentation
- Coordinate various policy owners, ongoing reviews of charters, policies and frameworks that go to EWRM/ERC for approval to ensure alignment with ERM Framework (appropriate escalation procedures and common formatting along with reviews of other risk related documents).
- Maintenance of Charter and Policy templates (support of Pathfinder).
- Document and maintain processes and procedures for Enterprise Risk Assessment and other appropriate Enterprise Risk policies that are in alignment with regulatory expectations and industry standards.
- Create ad-hoc reporting as necessary to support Enterprise Risk Assessment, Implementation, and Governance department for various committee and board updates.
Management of Enterprise Risk Metrics
- Identification and reporting on Enterprise Level KRIs/limits.
- Maintenance of Strategic Limits file; Quarterly risk reporting to Executive management and linkage of strategic limits to Risk Appetite.
- Development, Maintenance and Coordination of dashboard reporting for EWRM and ERC including quarterly reporting against risk metrics identified in Risk Appetite Statement.
Enterprise Risk Training
- Facilitate regular Risk Summits with risk participants from all three lines of defense
- Additional ERM training and awareness on appropriate topics targeted toward risk managers on risk topics (e.g. risk appetite, responsibilities of lines of defense, appropriate risk assessment processes, etc.).
Other Ad Hoc Projects and Support
- Provide input, feedback and challenge to various Risk Assessment Owner's teams as the organization aims to align processes.
- Support the processes necessary to complete the Annual Capital Plan including documentation within the narrative.
Position Qualifications:
- Bachelor's Degree from an accredited university (preferred in finance, accounting, or related business management field) or 4 years of relevant experience; OR High School Diploma or GED and 6 years of Risk Management or other related experience in the Financial Services Industry. Master's Degree preferred
- 6 years of working in a financial services industry or a highly regulated industry
- 5 years of performing high level risk assessments, particularly as it applies to the financial services industry
- 5 years of leading efforts to mature risk programs in alignment with industry best practices and regulatory expectations
- 5 years of partnering with business partners to find business solutions that are in line with regulatory requirements
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. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI's Record of Arrest and Prosecution Background ("RAP Back") service, which provides ongoing notification to the Company of any updates to your criminal history.
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 into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's 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 - disability/veteran.
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Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
Jul 30, 2025