Third Party Risk Compliance Specialist - Hybrid/Remote

Third Party Compliance Risk SpecialistThe Third-Party Compliance Risk Specialist reports to the Corporate Compliance Risk Assessment and Third-Party Compliance Risk (TPCR) Manager and is responsible for supporting the day-to-day execution of the TPCR program. Responsibilities also include conducting compliance reviews for third-party suppliers, including inherent risk assessments and due diligence as it relates to consumer supplier risk. This role also involves conducting ongoing monitoring, management of compliance issues for third party suppliers, and preparing reporting on Third-Party Compliance Risk. The specialist ensures that third-party engagements align with the Comerica's Third-Party Compliance Risk (TPRM) standards.Position Responsibilities:Third-Party Risk Management• Conduct compliance reviews of inherent risk assessments for third-party suppliers, to ensure that the risk is appropriately identified, and risk rated.• Review and analyze the content of the inherent risk questionnaire to verify the relationship to consumer risk, e.g. do the suppliers interact with our customers and do they contain personal and private information.• Perform compliance due diligence to evaluate the compliance programs and controls of third-party suppliers relating to consumer risk.• Coordinate with Compliance Subject Matter Experts on specialized compliance areas including privacy during the due diligence process to identify and address issues.• Monitor the ongoing compliance of third-party suppliers.• Analyze data and prepare reports on TPCR for management.Operational Excellence• Assist with continuing development of related policies and procedure.• Assist the TPR Compliance Risk Lead with the maintenance of KRIs and reporting to track the TPCR program.• Work closely in a collaborative manner with both first and second lines of defense to promote an understanding of TPCR program requirements, identification of risk issues, and risk mitigation strategies.• Proactively escalate issues to Lead and management as needed.• Other duties as assigned.Position Qualifications:• Bachelor's Degree from an accredited university in Business, Finance, Law, Risk Management, or a related field or 4 years of relevant experience; OR a High School Diploma/GED and 6 years of Risk Management or other related experience in the Financial Services Industry• 4 years of experience in the financial services industry• 3 years of experience in banking compliance and working with consumer banking regulations• 1 year of experience in third party risk managementWork Best Category:Category C - Days in the office will either be designated days or will vary week to week from 2-5 daysHours:8:00am - 5:00pm Monday - FridaySalary:To Be Determined Based on Individual ExperienceAbout ComericaWe 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.