The Capital Management Specialist role is involved in the preparation of the Capital-related sections of Comerica's annual Capital Plan, as well as materials for the Capital Management Committee ("CMC") and works to learn the Capital Planning Model.
Position Responsibilities:
Prepares analysis and presentation materials for the Comerica Incorporated Board of Directors, the Comerica Bank Board of Directors, executive committees, and regulators as needed.
Assist senior analyst with forecasting current and future position of Parent Company Cash and Bank Dividend capacity; monitors daily cash.
Performs ad-hoc analysis as required by senior management.
Peer Analysis.
Capital Forecasting Model
Assist senior analyst with model as needed with the eventual goal being to learn the model. Capital Plan & Stress Test, and Related Presentation Materials
Responsible for transfer of information from capital model to reporting platform (Workiva) for the annual capital plan.
Prepares supporting materials and analysis for the annual capital plan.
Produce specific materials for presentations to CMC, Comerica's Board, and regulators.
BOLI/COLI
Interfaces with Accounting, HR, and third-party administrators (e.g., Newport Group) regarding BOLI/COLI matters to ensure good execution and proper accounting of the death claims process and other matters.
Prepare presentation materials for ALCO and Board updates.
Maintains BOLI/COLI records, as needed.
Position Qualifications:
Bachelor's degree in finance discipline or similar
2 years of relevant experience with capital forecasting, regulatory reporting, Bank financial analysis or Bank FP&A
2 years of experience in banking or financial services
Strong Excel skills; proficient with other Microsoft Office applications
Knowledge of S&P Global Markets Intelligence, Workiva, Workday, and other applications or ability to learn quickly
17 Cowboys Way8:00am - 5:00pm Monday - Friday This position offers a hybrid work model that includes onsite and remote days as determined by the manager.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.