Operations Risk Analyst, Wire Transfer
The Operations Risk Analyst is primarily responsible for monitoring, reviewing, evaluating and managing wire transactions and cases to ensure compliance with BSA, OFAC and Dodd-Frank regulatory requirements. This responsibility requires timely decision making, communication and coordination with Comerica's customers, correspondent and external banks, Compliance (AML) department and other bank departments for the 15,000 domestic and international wire payments processed daily and 300 new OFAC cases opened monthly.
Successful incumbents possess strong organizational and problem solving skills, are customer focused, have the ability to analyze data and make decisions, are action oriented, possess strong time management, functional/technical and verbal/written communication skills.
* Transaction review and case management for OFAC and BSA Travel Rule compliance * Complete daily and monthly service level, payment and employee reporting, including administration of the department metrics for the Service Company Dashboard and GFT Capacity Model * Administer monthly self- audits to ensure adherence to process requirements and risk controls and identification of employee and process improvement opportunities. * Assist with internal and regulatory audits, compliance exams, risk assessments and payment studies. * Monitor business unit approvals for exceptions to wire policy for daylight overdraft limits, exigent wire exceptions and business unit exemptions. * Address key customer service and internal department requests and reporting, daily Federal Reserve balancing and loss reporting. * Maintain and facilitate departmental training plans for new and established employees. * Assist with the creation and maintenance of department procedures and process documentation, including administration of department document repository. * Proficiency in Microsoft Office, specifically MS Word, MS Excel and Outlook * Customer service orientation and ability to maintain composure during stressful situations * Must demonstrate efficient time management skills to ensure all projects and deadlines are met without compromising accuracy and quality
Relocation assistance is not available
No travel is required
* High School Diploma or GED * 3 years of wire transfer experience or 3 years of auditing financial process * 2 years of experience researching and analyzing documentation * 2 years of experience using MS office suite * 2 years of Money Net and/or Hogan applications experience
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled