Positioned in the first line of defense you will ensure the overall effectiveness of risk and compliance management programs, risk analytics and operations in the business. This role will partner and collaborate with Compliance and Risk Management, as well as Business Operations, IT, and Audit Services to support risk and compliance-based initiatives. You will be responsible for ensuring business leader adherence to the risk framework and supervising business controls, including managing risk inventories, documenting controls, facilitating assessments, addressing control failures, supporting remediation and audits, overseeing change management risks, and monitoring first-line defenses to minimize risk and strengthen controls. Additionally, you will manage risk assessment data and uses critical thinking to identify key data-driven insights tied to first line.
This position can work remotely in the continental U.S. with occasional business travel.
Relocation assistance is not available for this position.
What you'll do:
Lead and drive solutions for stronger controls, and in support of risk and/or regulatory compliance related initiatives which may include oversight of procedures/process, accurate regulatory reporting and filing, document governance, risk control self-assessments, procedure governance, control design, new product controls, Company or Staff Agency Third Party Governance, or quality governance.
Perform ongoing supervision and oversight of controls and shares knowledge with team members to evaluate the effectiveness of established business controls.
Responsible for risk data analysis, report preparation and trend analysis, using business intelligence tools.
Anticipate business needs and proactively finds opportunities to improve and strengthen the control environment through actionable insights.
Assist with translating control deficiencies into action plans and provides recommendations to enhance governance practices in alignment with frameworks.
Partner with team members to drive improvement efforts to correct or prevent unfavorable trends and assess the impacts.
Lead project team through concept, planning, execution, and implementation phases for effective and timely Risk remediation.
Counsel senior management on the status of their control environment related to risk identification and control weaknesses. Identify critical areas to monitor and brings up issues and findings to appropriate partners.
Build and maintain processes, procedures, and tools for handling exception alerts as they occur, including monitoring of resulting exception cases.
Provide control oversight to ensure compliance with laws and regulations.
Serve as a primary resource to team members.
Ensures risks associated with business activities are identified, measured, and controlled in accordance with risk and compliance policies and procedures.
What you have:
Bachelor’s degree: OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
Minimum 6 years' experience supporting risk-related, compliance related, or business control design activities; OR 6 years of experience in a relevant quantitative field; OR Advanced degree or designation in a risk management or quantitative field, and 4 years of experience supporting risk-related, and/or compliance-related, or business control design activities; OR PhD in a risk management or quantitative field, and 2 years of experience supporting risk-related, and/or compliance-related, or business control design activities.
Knowledge of federal laws, rules, regulations, and applicable guidance to include OCC Heightened Standards, BSA/AML, REG E, UDAAP/UDAP, TILA/REG Z, SCRA, FCRA, MLA.
What sets you apart:
Experience leading and documenting a Risk and Control Self-Assessment and maintaining a process, risk, and control inventory.
Experience with risk identification and documenting a well-designed control.
Experience with risk metrics such as Key Risk Indicators.
Experience with documenting change management risk assessments and the identification of control gaps.
Experience with issue management, including documentation of the issue description, closure package and/or control validation.
Familiarity with Bank Operations.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
What we offer:
Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location. The salary range for this position is: $89,990.00 - $172,000.00.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
Benefits: At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, please visit our benefits page on USAAjobs.com.
Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.
USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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