Operational Risk Third-Party and Product Risk Administration Manager The Operational Risk Third-Party and Product Risk Administration Manager role will be responsible for managing the Third-Party Risk Management Program, including all SLOD responsibilities, i.e. risk assessments, risk review/due diligence and effective credible challenge, ongoing monitoring, and reporting of third-party risks to management and governance committees. Also, this role will manage the Product Risk Management program and related processes ensuring oversight, execution of risk assessments, monitoring and reporting of related risks to management and governance committees. This role will ensure timely and accurate relevant risk management data is captured in Comerica's eGRC repository. Position Competencies Successful incumbents possess demonstrated experience in Risk Management, specifically third-party risk, and product risk management; have strong Presentation Skills (i.e. Written and Verbal); Detail Oriented relative to risk assessments, risk due diligence/credible challenge; demonstrated people-leader, Problem Solver, Customer Centric Focus; Working knowledge of various applications to support effective execution of roles/responsibilities, i.e. Microsoft Office suite (i.e. Power Point, Excel, TEAMS, etc.) Share Point, PowerBI, etc. Position Responsibilities: * Lead and actively manage the design, implementation, and operation of the Third-Party Risk * Management (TPRM) and Product Risk Management programs, support teams and processes, including risk assessments, monitoring/tracking, and reporting tasks. Mitigate and/or remediate self-identified and internal audit issues and regulatory exam findings to ensure management of third-party and product risk within the enterprise risk appetite. Act as the Third-Party Risk Strategic Committee, Secretary in support of the Third-Party Risk Strategic Committee (TPRSC) Chair, and execution of the TPRSC meetings, materials preparation, and related tasks. Lead Product Risk Working Group to ensure LOB/Corporate Stakeholders completion of risk assessments (i.e. new and/or materially changed existing products/service offerings) and related documentation of identified risks and planned/completed mitigation and/or remediation of risks. * Manage 2nd LOD Third-Party Risk and Product Risk Management teams, providing leadership and direction to ensure execution of risk review/due diligence and independent challenge through engagement with business partners and corporate stakeholders. * Ensure TPRM and Product Risk Assessments and related information is captured and included in the Bank's eGRC Archer tool. * Ensure Third-Party Risk and Product Risk profiles, risk ratings and related information is derived, and included in Quarterly Credible Challenge Reports, Operational Risk Management and Enterprise Risk Management Profiles/Reports. * Ensure active participation and documentation of review/credible challenge of identified third-party risks and related mitigation/remediation as reported on by business and corporate stakeholders during Operational Risk Management, Monthly Dashboard Meetings. * Participate in key projects/initiatives throughout the enterprise to assess and evaluate third-party and product (i.e. new and materially changed products/service offerings) risks being introduced to the corporation. Ensure that identified risks and related controls are managed within the Operational Risk, and CMA ERM risk appetite. Provide effective challenge and ensure documentation and escalation of significant risks, issues, and other pertinent information to management and governance committees, as appropriate. * Ensure research, and comprehensive and timely management of identified Emerging Risks relative to Third-Party Risks and Product Risks, via Comerica's Emerging Risk Database and Process. * Coordinate with all lines of defense and impacted business partners, to continue alignment between Third-Party and Product Risk Assessment processes, and the Operational Risk Management and Enterprise Risk Management Frameworks and Risk Appetite. * Achieve annual divisional financial plan. * Manage required headcount (employees and contractors) to ensure appropriate resource levels and skill sets are maintained to ensure effective execution of the Third-Party Risk and Product Risk Management functions, for SLOD Position Qualifications * 4 year Bachelor's Degree from an accredited university * 5 years in Third-Party Risk Management * 5 years in Product Risk and/or Enterprise Risk Management * Maintain at least one of the following Risk Management Professional Certifications, i.e. Certified Third-Party Risk Professional, Certified Enterprise Risk Professional, or equivalent certification Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled