Chief Privacy Officer
The Chief Privacy Officer leader is a key senior leadership position reporting to the Chief Compliance Officer. This position is responsible for the strategic development, execution, and overall management of Comerica's Privacy Program in alignment with corporate objectives, the Enterprise Risk Management Framework, industry best practices, and regulatory requirements. This position will be an extension of the Chief Compliance Officer and will involve working with leaders and business lines to ensure strategies and solutions are crafted and executed effectively, communications are clear, and issues are timely addressed.
Position Responsibilities
Privacy Program Development and Implementation
- Develop, implement, and maintain Comerica's privacy policies and procedures.
- Ensure Comerica complies with applicable privacy regulations, and other applicable laws and standards.
- Collaboration with internal departments (e.g., Technology, Legal, Human Resources) to ensure privacy is embedded in business processes and initiatives.
- Develop privacy training and communication strategy.
- Partner with other leaders and teams within the Risk Division to ensure integration of privacy risks into the overall Enterprise Risk Management Framework (e.g., Risk and Control Self-Assessments. Compliance Risk Assessment).
- Identify and assess potential risks to customer data and organizational privacy practices; implement corrective actions to mitigate identified risks.
- Monitor and assess the impact of new laws, regulatory guidelines, and enforcement actions on Comerica's strategic objectives and operations.
Managing Privacy Risks and Incidents
- Identify potential privacy risks and develop strategies to mitigate them.
- Lead the organization's response to privacy incidents.
- Investigate privacy incidents and work with internal teams to resolve them.
- Communicate with regulatory authorities, clients, and affected individuals, if necessary.
Reporting
- Prepare Senior Leadership and Board reporting specific to privacy program status, including potential risks or issues.
Position Qualifications
- Bachelor's degree from an accredited university Preferred in Business, Finance, IT or related field from an accredited university; OR in lieu of a bachelor's degree, a HS diploma or GED and 10 years of privacy or data protection program management and other related experience in the financial services industry.
- 10 or more years experience in banking privacy, regulatory compliance, risk management, and/or related legal experience in the financial services industry.
- 8 years experience in understating privacy laws and regulations and applying them across an enterprise.
- 5 years experience managing privacy initiatives enterprise-wide
Licenses & Certifications
- Preferred: Certified Information Privacy Professional (CIPP) certification or other applicable / relevant certifications or licenses
Category C - Days in the office will either be designated days or will vary week to week from 2-5 days
8:00am - 5:00pm Monday - Friday
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.
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.
