Job Description

JOB TITLE: CORPORATE RISK ANALYST, ENTERPRISE RISK

REMOTE

PAY: 34.00/HR.

NUMBER OF OPENINGS: 2

ASAP - 12/31/2021

SCHEDULED HOURS PER WEEK: 8:00AM - 5:00PM MONDAY - FRIDAY

CORPORATE RISK ANALYST (Two Openings)

· The Corporate Risk Analyst role will be responsible for enterprise risk oversight, maintenance of policies, processes, and procedures inclusive of training and reporting.

POSITION COMPETENCIES

· This Corporate Risk Analyst position requires high level of analytics, interpretation, implementation of industry and identified best standards to best impact the corporation.

POSITION RESPONSIBILITIES:

· RCSA Oversight

· Develop and coordinate completion of LOB/Stakeholder Risk Control Self-Assessments by the LOBs/FLOD reps based on ERM framework, processes and standards.

· Understand, perform validation, and effectively challenge RCSA assessment results, controls/processes and their effectiveness, and impact of top line risks and emerging risks impacting the LOB/Stakeholder.

· Develop reporting of key measurements, metrics, and issues from the results of the RCSA.

Consult with Business Units on identified operational risk exposure(s), including recommendations for mitigating the exposure(s).

· Manage and respond to Operational Risks Management internal audit and regulatory agency(ies) inquiries/requests.

· Drive required modifications to operational risk management or related policies, procedures and/or processes to proactively promote effective risk management in accordance with Enterprise Risk Management framework, policies/standards and requirements.

· Assist in the development and monitoring of Business Unit Key Risk indicators (KRIs).

· Perform operational risk management analyses and related reports/updates from both an aggregate and disaggregate (i.e. lines of business/stakeholders) to accurately and comprehensively derive and convey periodic risk profiles; and recommend required action(s) to mitigate risk.

POLICIES, PROCESSES, AND PROCEDURES

· Maintain sound knowledge of industry best practices, regulatory changes impacting the Bank and specifically LOBs/Stakeholders, to ensure accurate, timely and comprehensive information sharing, credible challenge risk due diligence exercises, and proactive risk management culture and practices across the enterprise.

· Assess impact of new laws or changes to regulations on standards, policies, and/or procedures.

· Provide risk management support to ensure current Operational Risk Management policies/processes in accordance with ERM framework; and Monitor and interpret policies, processes and procedures as necessary, in support of assigned Lines of Business (LOBs) and Stakeholders.

· Analyze and make recommendations on department policies, processes and procedures.

Coordinate and recommend comprehensive approach and solutions to identified common risks across the enterprise and specifically for LOBs/Stakeholders.

· Partners with the business unit(s) to ensure all, processes and procedures are in compliance with policies, standards and processes.

COMMITTEES AND SPECIAL PROJECTS

· Management of and/or participation in medium to LARGE SIZED PROJECTS RELATED TO RISK AND COMPLIANCE.

· Provide SLOD operational risk management review/due diligence relative to LOB/Stakeholders' projects, working groups and/or committees to ensure identification and effective/timely risk mitigation/remediation.

· Represent and/or participate in risk management and compliance committee meetings (i.e. ORMC, etc.) as required.

TRAINING AND REPORTING

· Complete education/training courses, webinars, and/or conferences to ensure currency on operational risk management best practices, methodologies/reporting practices relative to the financial industry and Bank's LOBs/Stakeholders, and their products/service offerings.

· Ensure currency, understanding and communication of operational risk management and relevant regulatory changes impacting the financial industry, and Comerica's LOBs/Stakeholders, as necessary.

· Educate and train LOBs/Stakeholders on ERM framework, processes, top line and emerging risks impacting the Bank, our LOBs, customers and products/services, via Risk Liaison meetings and other venues, meetings or communiques.

· Provide timely, complete and accurate risk management data/updates to Enterprise Risk Management team for enterprise-wide reporting; and participate in meetings to review Operational Risk Management data, as required.

· Ensure compliance training requirements are properly communicated and completed.

POSITION QUALIFICATIONS

· Bachelors' degree from an accredited university in business or related field

· 7 years of experience in operational risk management within the financial services industry

· 4 years of experience in executing risk management and compliance management

· 3 years of experience developing and implementing internal controls

· Must have Third Party Risk Management

Company Description

AlphaProTemps is specialized in providing "best-in-class" professional staff augmentation services. These recruiting directives include temporary labor, contract sourcing, professional & technical niches, vendor-on-site, and managed service programs.