Third Party Risk Compliance Lead The Third-Party Risk Compliance Lead reports to the Corporate Compliance Risk Assessment and Third Party Compliance Risk (TPCR) Manager and is responsible for supporting the day-to-day execution of the TPRC program. Responsibilities also include conducting compliance reviews for third-party suppliers, including inherent risk assessments and due diligence for suppliers to determine the consumer risk with moderate to high level complexity and risk. This role also involves conducting ongoing monitoring, management of complex compliance issues for third party suppliers, and preparing reporting on Third-Party Compliance Risk. The lead ensures that third-party engagements align with the Comerica's Third-Party Compliance Risk (TPRM) standards. Position Responsibilities: Third-Party Risk Management * Conduct compliance reviews of inherent risk assessments for third-party suppliers, including handling risk assessments of suppliers with more complexity, to ensure that the risk is appropriately identified and risk-rated. * Perform compliance due diligence to evaluate the compliance programs and controls of third-party suppliers with highly complex risk profiles. * Coordinate with Compliance Subject Matter Experts on specialized compliance areas including privacy during the due diligence process to identify and address issues. * Monitor the ongoing compliance of third-party suppliers. * Analyze data and prepare reports on TPCR for management. * Conduct quality control on compliance reviews of risk assessments and due diligence created by more junior staff members to provide coaching and guidance. * Conduct compliance reviews of inherent risk assessments for third-party suppliers, including handling risk assessments of suppliers with more complexity, to ensure that the risk is appropriately identified and risk-rated. * Review and analyze the content of the inherent risk questionnaire to verify the relationship to consumer risk, e.g. do the suppliers interact with our customers and do they contain personal and private information. * Assess the consumer risk associated with the inherent risk questionnaire and take appropriate action based on findings. * Perform compliance due diligence to evaluate the compliance programs and controls of third-party suppliers with highly complex risk profiles relating to consumer risk. * Coordinate with Compliance Subject Matter Experts on specialized compliance areas including privacy during the due diligence process to identify and address issues. * Monitor the ongoing compliance of third-party suppliers. * Analyze data and prepare reports on TPCR for management. * Conduct quality control on compliance reviews of risk assessments and due diligence created by more junior staff members to provide coaching and guidance. Operational Excellence * Contribute to continuing development of related policies and procedure. * Develop and maintain KRIs and reporting to track the TPCR program. * Work closely in a collaborative manner with both first and second lines of defense to promote an understanding of TPCR program requirements, identification of risk issues, and risk mitigation strategies. * Proactively escalate issues to senior leadership as needed. * Other duties as assigned. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled