Interest Rate Risk Analyst

• Review interest rate risk related materials provided by Corporate Treasury; including but not limited to ALCO materials, weekly markets meetings, modeling and stress testing assumptions and results, KRIs, and QRM consultations.
• Monitor market trends and key economic indicators that may affect interest rate risk.
• Provide oversight of securities purchases and conduct postmortem assessment of securities purchase analysis, including impact on duration, yield, liquidity, and hedge value.
• Attend tactical ALCO and the Weekly Markets meeting providing effective challenge and subject matter expertise where appropriate.
• Provide support to the annual review of interest rate risk under the framework of regulatory supervision letters SR 10-1 and SR 96-13 as guidance.

• Work closely with Model Development and Corporate Treasury to ensure the design, inputs, and results are fit for purpose (QRM) and properly represent the business needs.
• Build and manage independent interest rate risk benchmark and challenge tools to effectively challenge interest rate risk stress testing simulations, assumptions, decisions, results, and reporting.
• Review and challenge ALM simulation and scenario designs to ensure their accuracy, compliance, and alignment with industry standards and internal risk frameworks.
• Analyze market risk related model results and provide effective challenge of the methodology and model design.

• Interest rate risk related data review and aggregation, both internally and externally, to incorporate into challenge tools and peer analyses.
• Communicate findings effectively to both technical and non-technical stakeholders.
• Work with data visualization tools to create dashboards and real-time risk tracking tools.

• Partner with the Treasury, Portfolio Management, and Finance teams to align on risk management strategies and optimize the interest rate risk profile.
• Support regular reviews and updates of risk policies, methodologies, and procedures.
• Support the identification and assessment of interest rate risk emerging and existing risks.

• Conduct research on macroeconomic factors, yield curves, and other financial data to inform risk strategies.
• Provide insights to support hedging activities and balance sheet management strategies.
• Research delta neutral basis for the Bank's at-risk interest income for hedging analysis.
• Support the Bank's efforts and readiness surrounding Category IV planning.
• As needed conduct ad hoc liquidity risk analyses.
• Provide backup on capital markets related challenges, and stress testing scenario design.
• Other duties as assigned.

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.