Frisco, TX, 75036, USA
38 days ago
Resolution Planning Office Strategy Lead
Resolution Planning Lead The Resolution Planning Lead will be part of the bank's Resolution Planning Program Office ("RPPO") and report to the Director of Resolution Planning Program Office. The bank's RPPO is responsible for the development and production of the resolution plan for Comerica Bank as required under the Federal Deposit Insurance Corporation's (FDIC) Insured Depository Institution (IDI) rule and pursuant to section 165 (d) of the Dodd-Frank Act. The RPPO will be responsible for organizing and managing all documentation and workflow tools related to the Plan; coordinating review and approvals of the resolution plan by executive leadership. A successful candidate will demonstrate excellent time management and executive communication skills, attention to detail, general understanding of the regulatory requirements governing the resolution plan, strong written and verbal communication skills, accurately summarizing large volumes of information into coherent narratives and the ability to work collaboratively with stakeholders from across the bank to meet deadlines. Experience with resolution planning or other cross-functional regulatory initiatives (i.e., CCAR) preferred. Position Responsibilities: Execution of the Resolution Plan * Develop expertise in US resolution planning and FDIC IDI Plan frameworks (e.g., separability assessments, critical services, financial readiness, playbook development, data collection and reporting) and provide thought leadership on regulatory requirements. * Develop RPPO playbook, including long term management strategy. * Work closely with the most critical workstreams to identify and escalate issues, and identify key decisions related to remediation design, resourcing, etc. * Ensure the accuracy and completeness of the Plan, including the drafting and review of written sections to ensure consistency across the Plan. * Assist in creating senior management presentations and other stakeholder communications. * Provide analysis and facilitate responses to regulatory requests. Business Consulting * Collaborate with workstream leads on resolution plan development and execution. * Facilitate communication and coordination with business subject matter experts across multiple areas of the bank and management to ensure timely completeness of deliverables. * Collaborate with various internal stakeholders across business lines, technology, legal, and within finance to gather data, assess potential impacts, and incorporate into the Plan. * Assist in building a sustainable function that can manage resolution planning as a BAU activity in support of regulatory submission requirements. Effective Review and Challenge * Assist with review and interpretation of regulatory requirements related to resolution planning, ensuring the firm's Plan adheres to all applicable standards and guidelines. * Document key assumptions and sources of data. * Ensure record keeping and organization of supporting materials and accurate completion of submissions of the resolution plan. * Assist in identifying and managing dependencies. * Identify improvements to existing write-ups and new regulatory requirements. * Assist in creating senior management presentations and other stakeholder communications. * Assess potential impacts of new business initiatives and developments on resolution plan and recommend mitigating actions. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
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