Job Description

Bank Regulatory Attorney/Regulatory Relations

The Bank Regulatory Attorney position is responsible for providing leadership, advice, and guidance on regulatory and legal matters to Comerica and its management. This position will serve on a team of Regulatory Relations professionals who help manage Comerica’s relationships and interactions with its banking regulators (e.g., Federal Reserve, Consumer Financial Protection Bureau (“CFPB”), Texas Department of Banking (“TDB”), and Office of the Comptroller of the Currency (“OCC”), and Federal Deposit Insurance Corporation (“FDIC”)), spanning day-to-day interactions, continuous supervision, and examinations. In addition, the position will provide legal guidance to the organization on regulatory, risk, compliance, and other legal matters involving Comerica. This critical role within Comerica offers great visibility and the opportunity to interact with senior management and subject matter experts across the organization and develop trusted relationships with banking regulators.

Position Competencies

This position requires the highest level of confidentiality, integrity, trust, and judgment. The successful applicant attorney must have excellent communication skills and executive presence, as well as the ability to develop strong positive relationships with regulators and senior leadership. The position also requires critical thinking, accuracy, organization, and attention to detail. The successful candidate must be able to grasp issues and learn new areas of the law and business quickly. The ability to coordinate cross-functional groups and manage a wide range of issues simultaneously is necessary. Past exposure to banking regulators would be highly beneficial. Experience in the banking industry, with respect to specific banking businesses or functional areas, such as finance, technology, privacy and cybersecurity, commercial or consumer products, payments and treasury management, and/or wealth management, is preferred.

Position Responsibilities:

Coordinate and manage all verbal and written communications with banking regulators.
Provide guidance and serve as a resource on bank regulatory issues and interactions.
Identify and communicate key themes and updates from regulator interactions across the organization.
Maintains effective reporting and communication routines to achieve enterprise understanding of key regulatory issues.
Advise on the legal and regulatory implications of bank policies, products, services, and courses of action.
Provide legal support to various management committees, business units, and senior leadership.
Draft comprehensive, high-quality, and accurate analysis and materials for internal and external discussion.
Produce clear and concise legal positions involving highly complex issues.
Due to the nature of the position, extended working hours may be required.

Position Qualifications:

J.D. from an ABA accredited law school
Active member in good standing with the State Bar of Texas or, if licensed in another state, able to qualify for admission in Texas within 180 days
4 years of relevant experience as a practicing attorney at a law firm, financial institution, or U.S. bank regulator
Exposure to the federal banking agencies is preferred
General knowledge of U.S. banking law and regulations is required
Experience advising in the financial industry in any one or more of the following areas is preferred: finance, technology, privacy and cybersecurity, commercial or consumer products, payments and treasury management, or wealth management is preferred