Enterprise Risk RCSA Governance Officer III

Job Description

Enterprise Risk RCSA Governance Officer This position will manage the maintenance and implementation of the Enterprise Risk Management Framework with a focus on the Risk & Control Self-Assessment (RCSA) process including associated risk governance, risk metrics tracking and risk training.

The position will develop and ensure appropriate maintenance of common reporting, content formats and templates for RCSA - related reporting and analysis, governance documents and other Enterprise-Wide risk related reporting.

The position will also interface with risk committees and other lines of business to manage and coordinate the documentation and implementation of RCSA-related policies, procedures and other reporting that are in line with Comerica's Enterprise Risk Management Framework goals and objectives.

Position Responsibilities : Management of Enterprise Risk Management (ERM) Framework RCSA Policy, Procedures, Playbooks and other governance documents

• RCSA governance documents are well documented, aligned with regulatory expectations and industry standards, and supports the risk assessment activities across relevant risks of the organization through appropriate hierarchies.
• Identify opportunities for improved alignment with the ERM Framework within first and second lines of defense and work with those Business Units to achieve.
• Manage and ensure appropriate processes for change control and continuously enhance the Enterprise Risk Hierarchies and lists, assessment units, risk libraries, and risk rating criteria (Taxonomy, Business Unit, Process, Product, Risk & Control Library) associated with RCSA.

Management of Enterprise Risk RCSA Metrics

• Identification and reporting on Enterprise Level RCSA results.
• Maintenance of regular risk reporting to associated committees and Executive management regarding results and linkage to Risk Appetite.
• Development, Maintenance and Coordination of dashboard reporting for relevant committees and stakeholders including quarterly reporting against risk metrics identified in Risk Appetite Statement.

Enterprise Risk RCSA Governance & Documentation

• Coordination with various procedure owners and ongoing reviews of RCSA governance documentation to ensure alignment with ERM Framework, appropriate escalation procedures and common formatting as appropriate along with reviews of other risk related documents as necessary.
• Maintenance of Policy, procedure, and playbook updates as applicable to streamline process and ensure program consistency.
• Document and maintain processes and procedures for RCSA and other appropriate Enterprise Risk Policies that are in alignment with regulatory expectations and industry standards.
• Create ad hoc RCSA reporting as necessary to support Enterprise Risk Assessment, Implementation and Governance department for various Committee and Board updates.
• Create ad hoc RCSA reporting for other Risk Management efforts as directed by SVP, ERRC ( Risk Pillar Report Templates, creation of risk committee decks, Challenge Logs, etc.)

Enterprise Risk Training

• Facilitate and support updates to RCSA training and awareness on related topics for all three lines of defense.
• Additional ERM training and awareness on appropriate topics targeted toward appropriate risk managers on risk topics ( Risk Appetite, Responsibilities of Lines of Defense, Appropriate risk assessment processes, etc.)

Other Ad Hoc Projects and Support

• Provide input, feedback and challenge to various Risk Assessment Owners and Risk Assessment teams as the organization aims to align these processes.
• Other Ad hoc reporting and projects as necessary.
30+ days ago