Director, Business Risk and Controls - Bank
Posted on: May 14, 2022
Purpose of Job About USAA
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.
We are currently hiring a Director, Business Risk and Controls -
Bank to work in either the San Antonio, Phoenix, Charlotte,
Colorado Springs, or Tampa locations. Remote work is available.
The ideal candidate will supervise a team responsible for the
development, implementation and oversight of programs that support
effective risk and compliance management in the first line of
defense. They will also support business leader adherence to the
established risk framework and ongoing supervision of business
controls and is accountable for the development and mentoring of an
impactful team responsible for risk and control self-assessments,
identifying control failures, facilitating risk and compliance
remediation, internal and external audits and regulatory exams, and
supervising the of first line of defense in an effort to minimize
risk exposures and strengthen the overall control environment.
Identifies and leads existing and emerging Risks that stem from
business activities and the job role.
Ensures Risks associated with business activities are optimally
identified, measured, supervised, and controlled.
Follows written Risk and compliance policies and procedures for
Advises staff and initiatives that support risk and control
management programs, to include governance support, risk oversight,
risk infrastructure development, risk identification,
quantification, aggregation, and emerging risks.
Advises senior management and influences process change.
Builds and manages an impactful team of Risk and internal control
professionals through recruitment, training, coaching, performance
management and related managerial activities.
Handles consulting relationships with internal and external clients
regarding budget and implementation results and Risk mitigation
plans as appropriate.
Partners with key collaborators in the business and is responsible
for the identification, assessment and documentation of Risks and
controls, including Risks associated with new or modified products,
services, distribution channels, regulations and/or third-party
Reviews, communicates, and recommends the development of governance
policies and procedures in partnership with senior leaders to
ensure appropriateness and adequacy versus industry standard
methodologies and regulatory requirements.
Provides counsel to business unit managers on Risk management
issues and supports the evaluation of new product strategies on
their impact to USAA's Risk profile.
Educates Risk owners on Risk/control standard methodologies and may
work with other lines of defense in the development and
implementation of controls.
Leads processes for collecting accurate and complete internal loss
data from business areas.
Advises analysis and data mining initiatives that identify,
validate, and handle emerging Risk exposures, as necessary.
Assists in the early identification of Risk trends by establishing
and supervising key performance and Risk indicators.
Leads all aspects of the preparation of key reports and
communications and may present to governance committees, senior
leaders, regulatory bodies and the USAA Board of Directors.
Bachelor's degree in Risk Management, Finance, or related field: OR
4 additional years of related experience beyond the minimum
required may be substituted in lieu of degree.
8 years of confirmed experience supporting Risk and/or compliance
related activities in a financial services operating environment or
other relevant industry, Or 8 years confirmed experience in a
relevant quantitative subject area, Or advanced degree or
designation in a Risk management or quantitative subject area, and
6 years validated experience supporting Risk and/or compliance
related activities, Or PhD in a Risk management or quantitative
subject area, and 4 years validated ability supporting Risk and/or
compliance related activities.
3 or more years of direct team lead or management experience.
Knowledge of federal laws, rules, regulations, and applicable
guidance to include, OCC Heightened Standards, BSA/AML, TILA/REG Z,
REG E, REG B, UDAAP/UDAP, FCRA.
8+ years Strong Risk and Controls Background.
3+ years Issue Management/Issue Validation/Issue Remediation
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: $106,800 -
$192,300 * (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
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
Please click on the link below for more details.
USAA Total Rewards
Relocation assistance is not available for this position.
Keywords: USAA, Avondale , Director, Business Risk and Controls - Bank, Executive , Avondale, Arizona
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