Comerica
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 and Control Library). Enterprise Risk Governance and 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.
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 and Control Library). Enterprise Risk Governance and 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.