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Comerica Incorporated

Metrics & Reporting Analyst

Comerica Incorporated, Farmington, MI


Welcome!

We invite you to explore the award-winning culture, people, rewards and opportunities that make Comerica Bank so special. Make your next career choice a confident one.

Qualifications

Position Qualifications

  • Bachelor's degree from an accredited university or a High School Diploma or GED and 6 years of Risk Management or other related experience in the Financial Services Industry
  • 2 years of experience in Risk Management, Compliance, Audit, or related field
  • Familiarity with data analytics, including data tools
  • Demonstrated ability to exercise judgment in solving technical challenges
  • Demonstrated ability to explain technical topics such as data analyses and data system flows
  • Strongly Preferred: 1 year of experience in Financial Services industry/banking with specific emphasis on data analysis/reporting


Job Description

BRCO Metrics and Reporting Analyst

The Business Risk and Control Officers (BRCOs) play a pivotal role in guiding the business to identify and understand risk exposures and the controls needed which are integral to reducing risk and safeguarding our customers and colleagues. BRCOs are critical to the success of the Risk Management Lifecyle and play a role in Planning, Identifying, Assessing, Mitigating, Monitoring, and Reporting. BRCOs are members of the First Line of Defense (1LOD) who:

  • Provide leadership and coaching to the 1LOD to proactively identify and effectively manage risks.
  • Translate and educate 1LOD to enable and drive business relevant implementation of Second Line of Defense (2LOD) risk management frameworks, policies, taxonomies, and inventories.
  • Review, validate, and test 1LOD activities to ensure adequate control design and effective control operation.
  • Provide credible challenge to 1LOD colleagues, ensuring safeguard and risk mitigation measures are upheld in decision making and adherence to 2LOD frameworks and policies prior to 2LOD review.
  • Drive two-way collaboration across 1LOD and 2LOD; liaise between 1LOD and 2LOD to drive engagement throughout the risk management lifecycle.
  • Collaborate and coordinate across the organization to help navigate and mitigate horizontal risk promoting resilience and ensuring safety and soundness.
  • Document, aggregate and report risk in accordance with the risk management lifecycle.
  • The BRCO Metrics and Reporting Analyst is responsible for developing, producing, and distributing timely, accurate, and transparent risk reporting to enable informed decision making by senior management, the Board of Directors, and other key stakeholders.


Position Responsibilities

Development

  • Supports 1LOD risk reporting process, including credible challenge on data sources and methodologies.
  • Partners with Risk Owners and other BRCO team members to support development of KRIs and provides structure for reporting.


Reporting

  • Supports 1LOD colleagues on how to tailor risk reporting (e.g., frequency, level of granularity) for the intended audience.
  • Ensures that 1LOD reporting procedures are aligned with frameworks and policies, both 2LOD and Corporate Data and Analytics governance.
  • Produces risk reports both standard and custom/ad hoc.
  • Distributes timely, accurate, and transparent risk reporting.


Analysis

  • Provides thematic analysis providing insights on risks to management based on 1LOD risk reporting.


Monitoring

  • Reviews monitoring and escalation procedures for align with framework and policies.
  • Supports the execution and enhancement of the quality review process and continuous monitoring routines.
  • Investigates, researches, and explains results associated with data fluctuations and/or anomalies in reports, data, systems, etc.


Business Partnering

  • Partners and engages with relevant business partners at varying levels in the organization to develop and maintain a strong control environment through effective metrics/reporting and related activities that lead to early identification and sustainable mitigation of risks.
  • Drives a strong enterprise risk culture by fostering rigor and discipline focused on risk and compliance awareness, ethical business practices, transparency, and escalation.
  • Learns continuously about the line of business to strengthen subject matter expertise and provide more valuable application of metrics and reporting.
  • Collaborates with and supports other BRCO team members to ensure a robust and comprehensive implementation of 2LOD frameworks within 1LOD.


A successful candidate will have the following knowledge and/or skills:

  • Demonstrated knowledge of banking industry products, services, and workflows.
  • Familiarity with critical business processes and controls, as well as overall business needs and objectives, for the Line of Business.
  • Track record of driving timely and effective issue resolution in a financial services context.
  • Ability to educate colleagues on risk management, controls, and compliance concepts, frameworks, and policies.
  • Ability to build relationships and engage constructively in a proactive and transparent approach with cross-functional stakeholders, to challenge status quo and drive buy-in to achieve common goals.
  • Ability to clearly and effectively communicate, including ability to summarize and explain findings and issues to a wide range of audiences.
  • Ability to apply sound judgment and appropriately escalate concerns and issues.
  • Ability to demonstrate managerial courage and inspire colleagues across the organization to embrace change.
  • Ability to gather, analyze and interpret large datasets from various sources,
  • Strong analytical and critical thinking skills with high attention to detail and accuracy,
  • Ability to manage multiple tasks and projects, prioritize work, meet deadlines, achieve goals.
  • Self-starter, able to work fairly independently under the guidance of management, flexible and can navigate through an organization.


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.

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 - veterans/individuals with disabilities, committed to workplace diversity.