Liquidity Specialist Lead
The Liquidity Specialist Lead works under supervision or the Director Liquidity Risk to assist with the information, analysis and reporting involved in Comerica's liquidity risk management including liquidity stress testing, key risk indicators, and Contingency Funding Plan. In addition, the role provides assistance in helping to build and maintain Comerica's liquidity risk practices for longer-term compliance with Basel III liquidity regulations, including LCR, NSFR and 2052a. The position reports to the Director of Liquidity Risk Mgmt. Interaction with management within the Treasury department up through the BE3 level. May have contacts with Senior Officers (up through BE4) outside the Treasury department; Assist and execute in the management of Comerica's liquidity buffer ($19 billion). Accountable for delivering results. Addresses differing and variable situations. Higher level of autonomy. Carries out more complex tasks independently. May provide direction to others. Works with little to no guidance.
Position Responsibilities:
Liquidity Management Process
- Manage and oversee the monitoring and reporting on Comerica's liquidity position including various liquidity ratios, collateral availability, estimated capacity of existing and potential funding sources, liquidity projections, crisis liquidity scenarios, funding concentrations, commitment usage, levels, peer comparisons, etc.
- Manage the regular review and ensure compliance with all liquidity risk policies, procedures, and processes (such as Comerica's Contingency Funding Plan, Liquidity Management Policy, & Stress Test documentation.
- Collaborate in building and updating of liquidity management systems by maintaining knowledge of industry best practices and proposing practical solutions.
- Monitor and manage the holding company's cash position.
- Ensure compliance with liquidity regulations such as Dodd-Frank, Basel III LCR and NSFR, 2052a, OLA debt requirements, FDIC debt related assessment rules, etc.
- Manage the daily tasks related to the Money Desk management, including monitoring and management of the Federal Reserve position, Comerica customers' wire and ACH activity, overnight borrowings such as Fed Funds, Euro deposits, and Repos, etc.
- Manage funding transactions such as brokered deposits, FHLB borrowings, senior, subordinated, and preferred debt.
- Manage periodic forecasts of Comerica's expenses related to the wholesale funding portfolio.
- Provide quotes to customers and lenders for transactions, including cost of funds, prepayment penalties, repurchase agreements, and Eurodollars and process transactions in the accounting system.
Intrabank Collaboration
- Maintain active dialogue with various areas in the bank to ensure accurate and consistent reporting, analysis, communication and projection of Comerica's liquidity position OR projection of capital levels, bank dividends, share buyback, and other capital-related issuances and redemptions including GCM, Controller (Financial Reporting,
- Planning/Forecasting, etc.), Investor Relations, etc.
Position Qualifications:
- Bachelor's Degree from an accredited university in Finance or related fields
- 5 years of experience in liquidity/funding
- 3 years of experience managing small to medium projects
- 3 years of experience building financial models
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI's Record of Arrest and Prosecution Background ("RAP Back") service, which provides ongoing notification to the Company of any updates to your criminal history.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - disability/veteran.
|
Comerica Bank
$19 billion). Accountable for delivering results. Addresses differing and variable situations. Higher level of autonomy. Carries out more complex tasks independently. May provide direction to others. Works with little to no guidance.
life insurance, parental leave, paid time off, sick time, 401(k)
Jun 18, 2025