Comerica - Farmington Hills, MI
posted 2 months ago
The Manager of Regulatory Change Management plays a critical role in overseeing the management of regulatory changes within the Bank. Reporting directly to the Director of Enterprise Compliance Risk Assessment, this position is tasked with building and maintaining a comprehensive library of applicable laws, rules, and regulations (LRRs) that impact the organization. The Manager is responsible for ensuring that new and amended LRRs are identified, communicated, and implemented in a timely manner, thereby safeguarding the Bank's compliance with regulatory requirements. In addition to managing the LRR library, the Manager will contribute to the development of the regulatory change management methodology, ensuring that it evolves in response to the changing regulatory landscape. This role requires a deep understanding of key federal regulations issued by the Federal Reserve, the OCC, and the FDIC, as well as the ability to maintain strong relationships with various lines of business, compliance advisory teams, and risk partners. The Manager will lead cross-functional teams in managing regulatory change projects, ensuring that all necessary controls and procedures are in place. This includes monitoring regulatory developments, reporting on the status of the regulatory change management program, and ensuring that all compliance activities are executed with quality and accuracy. Furthermore, the Manager will be responsible for training and developing a high-performing team, fostering a culture of compliance and continuous improvement within the organization.