Comerica Bank

Retail Control & Governance Analyst

Comerica Bank

Farmington Hills, MI, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you an analytical and detail-oriented individual with a passion for the retail banking industry? Do you thrive in a fast-paced and dynamic work environment? If so, we have an exciting opportunity for you at Comerica Bank as a Retail Control & Governance Analyst.As a Retail Control & Governance Analyst, you will play a crucial role in ensuring the compliance and risk management of our retail banking operations. You will be responsible for implementing and maintaining control procedures, identifying and mitigating potential risks, and providing recommendations for process improvements.To excel in this role, you must have a strong understanding of retail banking operations and regulations, excellent problem-solving skills, and a keen eye for detail. Additionally, you must be able to work collaboratively with cross-functional teams and possess exceptional communication and interpersonal skills.If you are ready to take on a challenging and rewarding position in the retail banking industry, we encourage you to apply for the Retail Control & Governance Analyst role at Comerica Bank. Join our team and help us maintain the highest standards of compliance and risk management in the retail banking sector.

  1. Develop and implement control procedures to ensure compliance with all applicable laws, regulations, and policies in the retail banking sector.
  2. Identify potential risks and vulnerabilities in retail banking operations and work with cross-functional teams to develop and implement risk mitigation strategies.
  3. Monitor and review retail banking processes and procedures to identify areas for improvement and make recommendations for process enhancements.
  4. Conduct regular audits and reviews to ensure compliance with internal policies and external regulations.
  5. Collaborate with various departments and stakeholders to develop and maintain a strong control and governance framework.
  6. Stay updated with the latest industry trends and regulatory changes and proactively communicate any potential impact to the retail banking operations.
  7. Provide training and support to retail banking teams to ensure understanding and adherence to control procedures and policies.
  8. Conduct investigations and root cause analysis to resolve any control or governance-related issues.
  9. Maintain accurate and detailed records of control activities, audits, and findings.
  10. Prepare reports and presentations for management and regulatory bodies on control and governance activities and findings.
  11. Participate in cross-functional projects and initiatives to enhance retail banking processes and controls.
  12. Foster a culture of compliance and risk management within the retail banking organization.
  13. Communicate effectively with team members, stakeholders, and management to ensure alignment and understanding of control and governance initiatives.
  14. Continuously review and improve control and governance processes to keep up with industry best practices and regulatory requirements.
  15. Adhere to all company policies and procedures and maintain confidentiality of sensitive information.
Where is this job?
This job is located at Farmington Hills, MI, USA
Job Qualifications
  • Bachelor's Degree In Finance, Accounting, Or A Related Field.

  • Minimum Of 2 Years Of Experience In Retail Banking Operations Or Compliance.

  • Strong Knowledge Of Banking Regulations And Compliance Requirements, Such As Bsa, Aml, And Kyc.

  • Experience Conducting Audits And Risk Assessments To Identify Control Gaps And Recommend Solutions.

  • Excellent Analytical And Problem-Solving Skills With The Ability To Interpret Data And Make Sound Decisions.

Required Skills
  • Process Improvement

  • Project Management

  • Data Analysis

  • Reporting

  • Internal controls

  • Risk assessment

  • Problem-Solving

  • Policy Development

  • Fraud detection

  • Compliance monitoring

  • Regulatory Knowledge

  • Audit Support

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Retail Control & Governance Analyst in Farmington Hills, MI, USA is $45,000 - $70,000 per year. This may vary depending on factors such as experience, education, and specific job duties.

Additional Information
Comerica Bank is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 8th, 2024
Apply BeforeMay 22nd, 2025
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About Comerica Bank

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.

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