Business Application Risk Analyst I
The Business Application Analyst I role is responsible for supporting the Risk organization through the enhancement, maintenance, and support of the Risk Applications for the bank. It is seen as the bridge between the technical and business areas, and a conduit of communication between the teams. This role is responsible for the facilitation of requirements gathering within the Risk Division. This includes adherence to the requirement gathering process, communication of recommended solutions, and organization of requirement documents.
Position Responsibilities:
Documentation, Process Enhancement, and Reporting
- Work with application developers to document and convert business requirements into end-to-end solutions.
- Work closely with the Technology team to ensure new and updated processes are properly documented.
- Prepare risk reports and communicate findings and recommendations to team leads, senior management, and stakeholders.
Cross-Team Collaboration
- Facilitate cross-team discussions with Risk colleagues to determine and document business requirements and perform gap analysis between current and future states.
- Collaborate regularly with technical teams to ensure dependencies are captured and that the team has comprehensive test scripts.
- Communicate incident response activities to leadership and stakeholders.
Risk Management and Identification
- Analyze business applications for potential Risks related to data security, compliance, and operational continuity.
- Evaluate the likelihood and impact of identified risks and prioritize them based on severity.
- Ensure applications comply with relevant regulations, industry standards, and internal policies.
- Develop strategies to reduce or eliminate risks, which could involve recommending changes to applications, processes, or policies to business partners.
- Other duties as assigned.
Position Qualifications:
- Bachelor's Degree from an accredited university or in lieu of a bachelor's degree, a High School Diploma or GED and 6 years of experience directly related to the role
- 2 years of experience in Business Analyst
- 2 years of experience in Full Agile life cycle development in an enterprise development environment
- 1 year of experience presenting ideas to clients and other resources outside of IT to gain consensus on recommendations
Work Best Category: Category C - Days in the office will either be designated days or will vary week to week from 2-5 days
Hours: 8:00am - 5:00pm Monday - Friday
Salary: To Be Determined Based on Individual Experience
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.
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