Director Of Investments
This leader will be responsible for building and delivering a consistent and sustainable investment and service strategy to clients. This position will be ultimately responsible for the results of the Investment Strategists which includes asset growth, strategy and research implementation and execution, and monitoring customized solutions. Additionally, this position will be responsible for driving toward zero tolerance on trading and other errors, and compliance with all firm and regulatory policies and procedures. This position will be accountable for ensuring the consultative investment management process serves as the foundation for providing the required client experience across the regions. This position will help to deliver the entirety of the investments product offering including performance, innovation including digitization, development, platform, and sales This position will provide professional development and training for the Investment Strategists and the support staff to remain abreast of industry developments and regulatory requirements. The leader is required to be a subject matter expert related to research, trading, compliance,accounting, and portfolio management platforms that may be in use by the organization. This position will work with partners in Trust & Fiduciary Services and Wealth Planning to align client goals,goals based investing and any governing document requirements. This position will also work across the enterprise to deliver the Wealth Management investment process and value proposition. This role will be a voting member of the Investment Policy Committee as well as Product Committees and will be expected to be an active participant in these committees as a subject matter expert for investment management activities.
Position Responsibilities:
- Develop and drive a fully integrated investment approach.
- Manage all Investment Strategist and support staff to achieve consistent exceptional client experience, while achieving net asset growth, model utilization and non-strategy performance exceptions as determined through the overall Investment Policy strategy.
- Insure that the investment team consistently provides consultative investment expertise and advice to all Wealth Management's clients.
- Consistently apply all facets of the consultative investment management process to manage client accounts. This includes, but is not limited to the following:
- Incorporate the 5-step Consultative Investment Management Process to manage client accounts.
- Maintain a current understanding and working knowledge of the Comerica Investment Policy Committee, asset allocation guidelines and process for establishing risk tolerance objectives.
- Maintain a Subject Matter Expert. Working knowledge of the current financial regulatory environment, fiduciary standards and current and proposed regulatory requirements.
- Demonstrate the ability to develop and execute a comprehensive transition plan for IS's current book of business.
- Demonstrate a strong knowledge of and be a subject matter expert on our research, trading and trust accounting platforms.
- Review and approve compliance exceptions as required by policy.
- Ensure Reg 9 investment reviews are completed in a timely manner and any identified investment exceptions are cleared in accordance with policy and procedure.
Work with Investment Strategist's to limit errors and trade corrections. Monitor progress on account reviews required by regulation or policy and resolution of items on investment exception reports. - Serve as a mentor and provide the required professional development and training for all Investment Strategists and support staff.
- Ensure the consultative investment management process serves as the foundation for providing the required client experience in their region.
Position Qualifications:
- Bachelor's degree from an accredited university in Business Administration, Finance, Accounting, Management, or Trust Administration
- 10 years of experience within the financial services industry, specifically focused in the areas of investment management, investment oversight, risk management, compliance and/or trust administration
- 10 years of experience in Business Development or relationship management
- 7 years of experience in Leading/Managing Investment Professional on an integrated Wealth Management Team
Preferred:
- Master's degree in Business Administration, Finance, Accounting, Management, or Trust Administration
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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Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
Jun 17, 2025