Operational Risk/Compliance Testing Manager

Welcome to Comerica Bank, where we are committed to providing excellent financial services while maintaining a strong culture of risk management and compliance. We are currently seeking a highly skilled and motivated Operational Risk/Compliance Testing Manager to join our team and help us continue to uphold our standards of excellence.As the Operational Risk/Compliance Testing Manager, you will play a critical role in identifying and assessing potential risks within our organization and ensuring compliance with all applicable laws and regulations. You will have the opportunity to work closely with various departments and senior leadership to develop and implement effective risk and compliance strategies.To be successful in this role, you must have a strong background in risk management and compliance, as well as excellent analytical and communication skills. You should also possess a high level of integrity and a commitment to upholding ethical standards. If you are passionate about risk management and compliance and are looking for a challenging and rewarding career, we encourage you to apply for this position.

1. Develop and implement risk management and compliance strategies to ensure the organization is operating within all applicable laws and regulations.
2. Conduct regular risk assessments to identify potential risks and gaps in compliance.
3. Collaborate with various departments to develop and implement policies and procedures to mitigate identified risks.
4. Monitor and report on the effectiveness of risk management and compliance measures.
5. Stay up-to-date on industry regulations and best practices to ensure the organization remains compliant.
6. Provide guidance and training to employees on risk management and compliance procedures.
7. Conduct internal audits and testing to assess the effectiveness of risk management and compliance controls.
8. Communicate potential risks and compliance issues to senior leadership and make recommendations for improvement.
9. Collaborate with external auditors and regulatory agencies during audits and examinations.
10. Foster a strong culture of risk management and compliance within the organization.
11. Maintain accurate and up-to-date records of risk assessments, compliance testing, and audit findings.
12. Proactively identify and escalate any potential risk or compliance issues to senior management.
13. Participate in the development and implementation of new products and processes, ensuring they are compliant with regulations.
14. Assist in the development and maintenance of risk and compliance policies and procedures.
15. Conduct training and workshops on risk management and compliance for employees at all levels of the organization.

According to JobzMall, the average salary range for a Operational Risk/Compliance Testing Manager in Sacramento, CA, USA is $115,000 - $140,000 per year. This range can vary depending on factors such as the individual's experience, education, and the specific company they are working for. Additionally, bonuses and other benefits may also impact the overall compensation for this role.

Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. 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.