CRA Testing Analyst

• Perform data integrity testing for Community Reinvestment Act (CRA) Home Mortgage Act (HMDA), and Dodd Frank 1071.
• Independently manage assigned testing engagements which includes performing walkthroughs, creating test scripts, execution, issue vetting, drafting final reports, and reporting. Conduct exit meetings in collaboration with the CRA Testing Lead.
• Lead complex testing engagements and provide guidance to other team members supporting the engagement.
• Work independently and establish strong relationships with business partners, legal, compliance, and other key stakeholders.
• Assist CRA Testing Specialist III with peer reviews, validations, draft report editing, exit meetings and credible challenge questions.
• Support the CRA Testing Specialist III and CRA Testing Manager by ensuring testing work papers, supporting documentation, and work programs are complete and accurate prior to uploading to Credible Challenge.

• In collaboration with the CRA Testing Specialist III, makes recommendations as a resource and subject matter expert to other departments for projects, task forces and regulatory implementation.
• Develop a solid understanding of revised CRA regulation and the new Dodd Frank 1071 regulation. Possess and maintain in-depth knowledge of CRA, HMDA, and Dodd Frank 1071 regulations.
• Interpret and makes recommendations of new or revised regulatory requirements in support of Compliance Management System (CMS) requirements.
• Work collaboratively with the Line of Business and Compliance to understand current practices.
• Make recommendations and collaborates to execute any required changes in support of CMS requirements.
• Review/update procedures, work instructions, and job aides regularly and also annually to meet department objectives and requirements. Assist CRA Testing Specialist III with reviewing procedures to ensure any regulatory changes are included as required.

• Analyzes, researches, and executes the preparation of deliverables as assigned related to federal and state regulatory exams, internal audits and projects, external audits, and enterprise-level controls. This includes the annual CRA/HMDA Technical Exam from the Federal Reserve Board and the CRA Performance Evaluation Exam. Escalates any potential non-compliance to the CRA Testing Lead and CRA Testing Manager.
• Analyzes and interprets regulatory compliance requirements in collaboration with the Line of Business and Compliance.
• Perform analysis in managing risks in existing operations resulting from industry lawsuits, settlements, etc. associated with regulatory violations.
• Executes periodic self-testing to determine whether policies and procedures are being followed. Reviews department procedures to ensure any regulatory changes impacting testing are accurately captured and updated accordingly.

• Participate in meetings and address questions regarding regulatory requirements in specific fact-based scenarios.
• Collaborate with the Line of Business and Compliance.
• Collaborate with senior management for compliance reporting.

• Develop and review role-based training materials and training tools as needed.
• In partnership with the Line of Business and Compliance make recommendations and review customer facing documents.

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.

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 - veterans/individuals with disabilities, committed to workplace diversity.