Corporate Development Officer I

Corporate Development

The primary purpose of this role is to assist with the development, refinement, and adherence to the Corporate Development governance process as it relates to all Development activity throughout the Corporation. Secondarily, the position manages the administrative aspects of Comerica Capital Advisors (stand-alone subsidiary of Comerica Incorporated) and Comerica's warrant portfolio.

Position Responsibilities:
Comerica Capital Advisors ("CCA")

• Day to day functional operation and management of Warrant Administration including handling all aspects of warrant events including inception, tracking,reporting, negotiation of legal agreements, dialogue with relationship
  managers, exercise / termination of warrants, collection and booking of
  proceeds for monetization's, forecasting, maintenance, and adherence to
  related policies and procedures.
• Lead role in the audit and examination process, ensuring that all issues are addressed within agreed upon time; lead in ensuring regulatory compliance and reporting, internal, and external audit examinations for CCA and related portfolios.
• Management of cash positions including needs for outstanding commitments and dividends, ad hoc analysis of positions, recommendations for intercompany dividend. Preparation of CCA and Comerica Ventures Board materials.

Corporate Development/Strategic Assessment

• Perform detailed financial studies that look to accurately measure the risks and
  rewards of a myriad of situations confronting the Corporation.
• Perform strategic assessments of candidates for development, whether
  acquisition candidates or internal businesses for expansion or divestiture.
• Analysis of potential acquisition candidates including financial assessment,
  valuation, profile write-ups, and accretion/dilution analysis.
• Assess the impact decisions and recommendations will have on the
  Corporation, as well as how movements in the capital markets will affect the
  Corporation.
• Challenge model results/methodology for models including valuation of
  warrants, equity investments, and auction rate securities.

Project Management

• Coordination of the activities of attorneys, accountants, business, and staff
  area throughout the bank, as well as outside the bank.
• Coordinate and resolve, if necessary, all issues related to regulatory approval.