Business Risk and Controls Lead (Remote is Available)
POSTED ON 3/2/2021AVAILABLE BEFORE 4/1/2021
USAASan Antonio, TXRemoteFull Time
Job Posting for Business Risk and Controls Lead (Remote is Available) at USAA
Purpose of Job
We are currently seeking a talented Business Risk and Controls Advisor Lead for the San Antonio Home Office, Phoenix, Colorado Springs, Tampa, Plano or 100% Remote Work from home environment.
Promotes a risk-awareness to 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, Audit Services, and Regulators to support risk and compliance based initiatives. Responsible for ensuring adherence to the governance of the established risk framework and ongoing supervision of business controls. including risk and control self-assessments, identification and evaluation of control effectiveness, identifying control failures, facilitating risk and compliance remediation, market conduct exams, and monitoring the first line of defense in an effort to minimize risk exposures and strengthen the overall control environment. Manages risk assessment data, and identifies key data-driven insights tied to first line of defense.
USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level.
In each of the past five years, we've been a top-40 Fortune 100 Best Companies to Work For®, and we've ranked among Victory Media's Top 10 Military Friendly® Employers 13 years straight. We embrace a robust veteran workforce and encourage veterans and veteran spouses to apply.
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Identifies and manages existing and emerging risks that stem from business activities and the job role.
Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled.
Follows written risk and compliance policies and procedures for business activities.
Directs and oversees multiple initiatives in support of risk and/or regulatory compliance related initiatives including but not limited to: oversight of procedures/process, accurate regulatory reporting and filing, document governance, risk control self-assessments, procedure governance, control design, new product controls, CoSA Third Party Governance, or quality governance.
Applies a holistic understanding of risk and regulatory compliance to includes business strategies and solutions.
Responsible for first line of defense data analysis, report preparation and trend analysis, utilizing business intelligence tools.
Designs solutions for unanswered business questions and anticipates future business needs.
Directs, organizes and oversees action plans designed to enhance governance practices in alignment with risk and compliance frameworks.
Influences and develops innovative solutions to mitigate risk and prevent risk exposures which result in significant business impacts.
Manages the most complex projects involving cross-functional areas within the first line of defense.
Defines and outlines new approaches to problem resolution and leads project team from concept through implementation.
Advises senior management on the status of their control environment related to risk identification and control weaknesses.
Identifies critical areas to monitor and escalates issues and findings to appropriate stakeholders.
Serves as a primary resource to cross functional team members and advises on risk mitigation opportunities.
Stays informed of changes to the regulatory environment to ensure proper compliance with processes and requirements are followed.
Bachelor's Degree or 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree
8 years of experience supporting risk and/or compliance related activities in a financial services operating environment or other relevant industry.
Or 8 years of experience in a relevant quantitative discipline.
Or advanced degree or designation in a risk management or quantitative discipline, and 6 years of experience supporting risk and/or compliance related activities.
Or PhD in a risk management or quantitative discipline, and 4 years of experience supporting risk and/or compliance related activities.
*Qualifications may warrant placement in a different job level*
When you apply for this position, you will be required to answer some initial questions. This will take approximately 5 minutes. Once you begin the questions you will not be able to finish them at a later time and you will not able to change your responses.
Quality assurance and quality control testing experience.
IT compliance or risk management function.
Direct experience preparing examination documentation.
Compliance testing or Control Testing Experience.
Financial institution operations experience.
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.
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 position. The salary range for this position is: $80,200 - $144,500*( this does not include geographic differential it may be applied based on your work location)
Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors.
*Geographical Differential: Geographic pay differential is additional pay provided to eligible employees working in locations where market pay levels are above the national average.
Shift premium will be addressed on an individual-basis for applicable roles that are consistently scheduled for non-core hours.
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.
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Relocation assistance is NOTavailable for this position.
For Internal Candidates:
Must complete 12 months in current position (from date of hire or date of placement), or must have manager’s approval prior to posting.
Last day for internal candidates to apply to the opening is 2/01/21 by 11:59 pm CST time.