Capital Management Specialist Lead
The Capital Management Specialist lead role is heavily involved in the preparation of the Capital-related sections of Comerica's annual Capital Plan, as well preparation of materials for the Capital Management Committee ("CMC"), and the monthly capital forecasting process.
Comerica's Corporate Treasury Department is growing! As a result of our growth, we are seeking top talent to join our team. Be a part of an innovative and collaborative team. Apply today.
Position Responsibilities:
- Prepares analysis and presentation materials for Comerica Incorporated Board of Directors, Comerica Bank Board of Directors, executive level committees, and regulators as needed, including peer analysis.
- Assists senior analyst with forecasting current and future position of Parent Company Cash and Bank Dividend capacity; monitors daily cash.
- Assists senior department members with maintaining appropriate audit and controls, including secondary reviews.
- Involved with reporting daily share repurchases and BOLI/COLI matters as required and performs ad-hoc analysis as required by senior management.
- Reading and interpreting regulation & formulating calculations.
Capital Forecasting Model
- Runs the capital model on a regular basis including inputting actual results into the model.
- Assists senior analyst with model enhancements, maintenance, and documentation as needed.
Capital Plan & Stress Testing
- Able to run the capital model for the Capital Plan scenarios.
- Prepares supporting materials and analysis for the annual capital plan.
- Produce specific materials for presentations to CMC, Comerica's Board, and regulators.
Position Qualifications:
- Bachelor's degree in finance or similar
- 5 years of relevant experience with capital forecasting, regulatory reporting, Bank financial analysis or Bank FP&A
- 5 years of experience in banking or financial services
- Advanced level Excel skills; proficient with other Microsoft Office applications
- Knowledge of S&P Global Markets Intelligence, Workiva, Workday, and other applications or ability to learn quickly
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)
Jan 08, 2025