Institutional Trust Product & Business Support Manager
Comerica's Institutional Trust Department provides a wide variety of products and services across multiple industries and business segments including Corporation, Insurance, Taft Hartley, Municipalities, and Non-Profit and Religious Organizations. The role will be responsible for developing, implementing, and monitoring the performance of our Institutional Trust products, as well as overseeing a team of product support staff. With the support of the trust leadership team, the Business Support Manager will also help develop a strategy for long term growth and development of Comerica's Institutional Trust products.
Position Responsibilities:
Strategic Leadership
- Develop business plans with senior trust leadership to establish growth goals for the business.
- Collaborate with leaders in Institutional Trust to determine client needs and offerings..
- Develop strategies for new product development and distribution
- Research competitor product offerings.
- Product Development
- Create and support Comerica's Collective and Common Trust Funds.
- Provide ongoing sales supports for all Institutional Trust products.
- Vendor management/oversight.
- Assist in the development of product marketing material.
- Staff and Risk Management
- Develop and define team goals and objectives.
- Ensure compliance with bank and regulatory requirements.
- Educate and train internal partners on Institutional products and services.
- Perform product risk reviews.
Position Qualifications
- Bachelor's degree from an accredited university
- 8 years of experience in Institutional Trust and Investment Management
- 8 years of experience in staff management/development
- 5 years of experience in Institutional product development
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.
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Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
Dec 25, 2024