Business Risk and Controls Advisor- Retail Banking
Company: USAA
Location: Phoenix
Posted on: May 3, 2024
Job Description:
Why USAA?Why USAA?
Let's do something that really matters.
At USAA, we have an important mission: facilitating the financial
security of millions of U.S. military members and their families.
Not all of our employees served in our nation's military, but we
all share in the mission to give back to those who did. We're
working as one to build a great experience and make a real impact
for our members.
We believe in our core values of honesty, integrity, loyalty and
service. They're what guides everything we do - from how we treat
our members to how we treat each other. Come be a part of what
makes us so special!The OpportunityThe OpportunityAs a dedicated
Business Risk and Controls Advisor, you will work on the team
responsible for credit card remediation efforts, document and
procedure governance and non-IT projects.You will promote
risk-awareness and 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 supporting business leader adherence to 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, internal and external audits and regulatory exams, and
monitoring of the first line of defense to minimize risk exposures
and strengthen the overall control environment. Manages risk
assessment data and uses critical thinking to identify key
data-driven insights tied to first line of defense.We offer a
flexible work environment that requires an individual to be in the
office 4 days per week. This position can be based in one of the
following locations: San Antonio, TX, Plano, TX, Phoenix, AZ,
Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL OR
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:
- Direct and oversee 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.
- Apply a comprehensive understanding of risk and regulatory
compliance to includes business strategies and solutions.
- Responsible for data analysis, report preparation and trend
analysis, applying business intelligence tools.
- Design solutions for unanswered business questions and
anticipates future business needs.
- Direct, organize and coordinate action plans designed to
enhance governance practices in alignment with risk and compliance
frameworks.
- Influence and develop innovative solutions to mitigate risk and
prevent risk exposures which result in significant business
impacts.
- Lead the most complex projects involving cross-functional areas
within the first line of defense.
- Define and outline new approaches to problem resolution and
leads project team from concept through implementation.
- Advise senior management on the status of their control
environment related to risk identification and control
weaknesses.
- Identify critical areas to monitor and raise issues and
findings to appropriate partners.
- Serve as a primary resource to cross functional team members
and advises on risk mitigation opportunities.
- Stay informed of changes to the regulatory environment to
ensure proper compliance with processes and requirements are
followed.
- Ensure risks associated with business activities are
effectively identified, measured, monitored, and controlled in
accordance with 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 8 years' experience supporting risk-related,
-compliance related, or business control design activities; OR 8
years' experience in a relevant quantitative field; OR Advanced
degree or designation in a risk management or quantitative field,
and 6 years' experience supporting risk-related, and/or
compliance-related, or business control design activities; OR PhD
in a risk management or quantitative field, and 4 years' experience
supporting risk-related, and/or compliance-related, or business
control design activities.
- Knowledge of federal laws, rules, regulations, and applicable
guidance to include: TILA/REG Z, REG E, REG F, REG B, REG CC,
UDAAP/UDAP, FCRA, BSA/AML, SCRA/MLA, OCC Heightened StandardsWhat
sets you apart:
- Experience with bank member/customer remediations
- Experience with any of the following: credit card, debit card,
consumer lending
- Strong background successfully interacting with and influencing
partners
- Experience writing action plans
- US military experience through military service or a military
spouse/domestic partnerThe 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: $120,550.00 - $230,400.00.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.
Keywords: USAA, Buckeye , Business Risk and Controls Advisor- Retail Banking, Other , Phoenix, Arizona
Didn't find what you're looking for? Search again!
Loading more jobs...