Manager, Regulatory Change Management

Are you a highly organized and detail-oriented individual with a passion for regulatory compliance? Do you have a strong background in project management and a deep understanding of banking regulations? If so, we have an exciting opportunity for you to join our team at Comerica Bank as a Manager of Regulatory Change Management.As the Manager of Regulatory Change Management, you will play a crucial role in ensuring that our bank remains compliant with ever-changing regulations. You will be responsible for overseeing the implementation of new regulations, as well as managing the ongoing monitoring and assessment of regulatory changes. Your expertise and leadership will be instrumental in helping us navigate the complex regulatory landscape and maintain our reputation as a trusted and compliant financial institution.To be successful in this role, you must have a minimum of 5 years of experience in regulatory compliance, as well as a strong understanding of the banking industry and its regulations. Additionally, you must possess excellent communication and project management skills, with a keen attention to detail and the ability to effectively manage a team. If you are ready to take on this challenging and rewarding role, we encourage you to apply today and be a part of our dynamic and growing team at Comerica Bank.

1. Develop and maintain a thorough understanding of all applicable banking regulations and ensure the bank's compliance with them.
2. Lead and oversee the implementation of new regulatory requirements and changes, ensuring timely and accurate execution.
3. Monitor and assess ongoing regulatory changes and their potential impact on the bank, providing regular updates and recommendations to senior management.
4. Collaborate with various departments and teams to ensure all necessary actions are taken to comply with regulations.
5. Develop and implement processes and procedures to ensure ongoing compliance with regulatory requirements.
6. Conduct regular audits and reviews to identify any potential compliance issues and implement corrective actions.
7. Act as a subject matter expert on regulatory compliance, providing guidance and training to colleagues and stakeholders.
8. Keep abreast of industry developments and changes in regulations, proactively identifying potential risks and developing strategies to mitigate them.
9. Maintain accurate and up-to-date records and documentation related to regulatory changes and compliance efforts.
10. Communicate effectively with internal and external stakeholders, including regulators, to provide updates and address any compliance concerns.
11. Manage a team of compliance professionals, providing guidance, coaching, and development opportunities.
12. Proactively identify and implement process improvements to enhance efficiency and effectiveness of compliance efforts.
13. Collaborate with legal counsel to ensure that all regulatory compliance matters are addressed in a timely and appropriate manner.
14. Represent the bank in regulatory examinations and audits, providing necessary documentation and information as needed.
15. Continuously assess and monitor the bank's compliance program, identifying areas for improvement and implementing necessary changes.

According to JobzMall, the average salary range for a Manager, Regulatory Change Management in Farmington Hills, MI, USA is between $90,000 and $135,000 per year. This range can vary depending on factors such as experience, education, and specific job responsibilities.

Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. 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.