Risk Analyst Senior - Monitoring and Coverage (Hybrid)

Company: USAA
Location: Avondale
Posted on: May 28, 2023

Job Description:

Why USAA? This position is a hybrid work type and can be based in one of the following locations: San Antonio, TX; Plano, TX; Phoenix, AZ; Charlotte, NC; Colorado Springs, CO or Tampa, FL. Hybrid roles help employees gain the best of both worlds - collaborating in-person in the office and working from home when needed to achieve focused results.

The AML Risk Analyst Senior will support USAA's ongoing BSA/AML transaction monitoring (TM) program. Areas of focus for this role include assisting with coverage assessment processes in support of the automated monitoring program as well as driving non-model transaction monitoring rule and tool development within Enterprise AML. The coverage assessment process is designed to identify, measure, and define required monitoring for mitigating money laundering risks via monitoring rules and models. The non-model rule development process develops automated monitoring that augments strategic model-based monitoring. The AML Risk Analyst Senior will be a member of the AML Operational Controls Team within Enterprise AML and will partner with other teams within Enterprise AML as well as collaborators from the First Line of Defense (FLOD) and USAA Company or Staff Agency (CoSA) collaborators towards implementing and improving TM coverage assessment and mitigation processes, documentation, and reporting output to program and regulatory standards.

The ideal candidate will have a strong background working within AML and Sanctions risk and regulatory environments at a financial services firm and should display strong compliance competence, knowledge of AML risk typologies, and have project management skills. This position requires excellent verbal and written communication skills and strong drive to deliver within tight timeframes The Opportunity What you'll do:

• Partners with key collaborators in the business to identify, assess, aggregate and document risks and controls, including risks associated with new or modified products, services, distribution channels, regulations and third-party operations using advanced knowledge.
• Communicates results of risk assessments to governance committees, business process owners and various levels of leadership.
• Implements new risk policies, practices, appetites and solutions to ensure comprehensive understanding and management of risks according to industry standard process.
• Improve and contributes to strategies, tools, and methodologies to measure, monitor, and report risks.
• Serves as a key contributor in cross-functional teams to identify, assess, aggregate and mitigate current and emerging risk events.What you have:
  • Bachelor's degree in Risk Management, Business, Finance, or a related field or4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
  • 6 years of risk management, regulatory or operations experience in a relevant functional area to include banking, insurance, financial services, audit, project management, public accounting or other related operational area Or advanced degree/designation in Risk Management, Business, Finance, or other subject area relevant to risk management and 4 years of work experience in a field relevant to risk management.
  • Risk management experience in a complex institution and/or highly matrixed environment.
  • Demonstrated experience in conflict resolution management and ability to effectively challenge at all levels of management and influence business outcomes.
  • Ability to effectively work with both internal and external partners in a highly collaborative environment.
  • Demonstrated critical thinking and knowledge of data analysis tools and techniques and decision-making abilities, to include proven ability to effectively make data-driven decisions.
  • Proactively identifies potential concerns and follows-up to resolve issues.
  • Advanced knowledge of Microsoft Office products including Excel and PowerPoint.What sets you apart:
    • 3+ years experience in BSA/AML and Sanction transaction monitoring related areas including but not limited to modeling risk management, monitoring rules inventory management, rule development, rule tuning, data analytics, alert/BSA case/SAR analysis and investigation.
    • 1+ year experience with Actimize SAM, Actimize CDD and LexisNexis Bridger.
    • Experience driving the development of transaction monitoring scenarios, rules, and associated tools used by Investigations teams.
    • Familiarity with retail banking products and their associated BSA/AML and Sanction risks.
    • 3+ years of experience evaluating regulatory environment(s) and analyzing emerging BSA/AML and Sanction risks typologies and trends.
    • 3+ years of experience identifying and documenting relevant BSA/AML and Sanction risks control strategies associated with key banking products, services and customers.
    • Experience working with risk, compliance, FIU, audit and IT teams and leadership.
    • CAMS or other applicable industry certification.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: $86,520 - $165,340.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 Relocation assistance is not available for this position. 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, Avondale , Risk Analyst Senior - Monitoring and Coverage (Hybrid), Accounting, Auditing , Avondale, Arizona