Business Risk and Controls Advisor Senior
Posted on: August 4, 2022
Purpose of JobWe are looking for a Business Risk and Controls
Advisor Senior to work a hybrid position to our Corporate Office in
San Antonio or Regional Offices in Phoenix, Colorado Springs,
Tampa, Plano, or Charlotte.
Positioned in the first line of defense to ensure the overall
efficiency 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
efficiency, 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. Leverages
risk assessment data and identifies key data-driven insights tied
to first line of defense.Job RequirementsAbout USAAUSAA 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.Primary
- Identifies and handles 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, standards, and
procedures for business activities.
- Handles and drives 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, CoSA Third Party Governance, or quality governance.
- Performs ongoing supervision and oversight of business controls
and shares knowledge with team members to evaluate the efficiency
of established business controls.
- Responsible for risk data analysis, report preparation and
trend analysis, applying business intelligence tools.
- Anticipates business needs and proactively finds opportunities
to improve and strengthen the control environment through practical
- Assists with translating control deficiencies into action plans
and provides recommendations to enhance governance practices in
alignment with risk and compliance frameworks.
- Partners with collaborators to drive improvement efforts to
correct or prevent unfavorable trends and assess the impacts.
- Leads project team through concept, planning, execution, and
implementation phases for effective and timely risk
- Updates senior management on the status of their control
environment related to risk identification and control weaknesses.
Identifies critical areas to supervise and brings up issues and
findings to appropriate partners.
- Develops and maintains processes, procedures and tools for
handling exception alerts as they occur, including monitoring of
resulting exception cases.
- Provides control oversight to ensure compliance with laws and
- Serves as a primary resource to team members.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 be able to change your responses.Minimum
- 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.
- 6 years of experience supporting risk and/or compliance related
activities in a financial services operating environment or other
relevant industry; OR 6 years of experience in a relevant
quantitative subject area; OR Advanced degree or designation in a
risk management or quantitative field, and 4 years of experience
supporting risk and/or compliance related activities; OR PhD in a
risk management or quantitative field, and 2 years of experience
supporting risk and/or compliance related activities.
- Knowledge of federal laws, rules, and regulations, to include:
UDAP/UDAAP, FRB Regs A-Z, NAIC, and GLBA.Preferred Experience:
- Extensive experience in Issues Management
- Extensive experience in Risk Controls Self Assessment
- Extensive experience in Process Risk Control Inventory
- Working knowledge of third party riskThe above description
reflects the details considered vital 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.Compensation:USAA has an effective method 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.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.Please
click on the link below for more details.Relocation assistance is
not available for this position.
Keywords: USAA, Plano , Business Risk and Controls Advisor Senior, Other , Plano, Texas
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