COMPL ADVISORY FAIR & RESP BNK

The Fair Lending and Responsible Banking Advisory Lead within the Second Line of Defense (2LOD) is responsible for providing leadership and vision for Fair Lending and UDAAP regulatory compliance subject matter direction to the various divisions of Comerica Bank. Providing this leadership, vision and direction requires the position to actively seek and proactively recognize new Fair Lending and UDAAP laws and regulations that will impact the business units. This position will provide ongoing guidance as well as lead and manage major implementation processes, beginning with reading, interpreting and developing an in-depth knowledge and understanding of Fair Lending and UDAAP regulation and ending with a successful implementation across all impacted business units. They will be required to closely interact with the Line of Business and key stakeholders, including Legal, Internal Audit, Business Management and Control functions. This individual assists business units with their ability to detect, assess, and respond to emerging risk, and maintain a comprehensive Fair Lending and UDAAP compliance risk and control framework.

POSITION QUALIFICATIONS:

• Bachelor’s Degree from an accredited university in Business, Finance, or related field OR in lieu of a bachelor’s degree, a High School Diploma or GED and 6 years of Risk Management or other related experience in the Financial Services Industry
• 6 years of experience in Fair Lending and/or UDAAP regulatory compliance or related Legal experience
• 5 years of experience in Financial Services industry
• 3 years of experience working with lines of business in interpreting and applying relevant Fair Lending and UDAAP rules, laws, and regulations to the business