Risk and Compliance Analyst - RCSA & PRCI (Mid-Level)

Company: USAA
Location: Plano
Posted on: June 23, 2022

Job Description:

Purpose of JobWe are seeking a talented and hardworking Risk and Compliance Analyst to work a hybrid schedule from our Charlotte, NC and San Antonio, TX offices.

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 efficiency, identifying control failures, facilitating remediation, internal and external audits and regulatory exams and to minimize risk exposures and strengthen the overall control environment. Leverages risk assessment data and identifies key data-driven insights.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 Responsibilities:

• 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 and controlled.
• Follows written policies and procedures for business activities.
• Counsels the business on how to strengthen and handle their control environment pertaining 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.
• Performs ongoing supervision and oversight of controls which may include the coordination of testing, root cause analysis, control design, and examining key risk metrics to evaluate the effectiveness of established business controls.
• Performs risk data analysis, report preparation and trend analysis, applying business intelligence tools.
• Partners with business owners to assist them in the identification of control failures and assesses the impact.
• Assists with translating control deficiencies into action plans and facilitates effective and timely risk remediation through action plan oversight; provides recommendations to improve governance practices with frameworks.
• 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 regulations.
• Serves as a resource to team members.Minimum Requirements:
  • Bachelor's Degree; 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
  • Minimum of 4 years' experience supporting risk and/or compliance-related activities in a financial services operating environment or other relevant industry OR 4 years' experience in a relevant quantitative field OR advanced degree or designation in a risk management or quantitative subject area, and 2 years of experience supporting risk and/or compliance related activities OR PhD in a risk management or quantitative field.Preferred Experience:
    • 3 years PRCI and RCSA risk management experience.
    • 1-2 years experience crafting control libraries for CFO function.
    • 1-2 years experience implementing RCSA.
    • SOX or ICFR, IT Audit, Risk & Controls experience at a Big Four public accounting firm or public companyThe 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.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 position. The salary range for this position is $72,900.00-$131,400.00.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.To see details on our outstanding benefits, visit USAA Total Rewards.Relocation assistance is not available for this position.Required
      Preferred

      Job Industries

      • Transportation

Keywords: USAA, Plano , Risk and Compliance Analyst - RCSA & PRCI (Mid-Level), Professions , Plano, Texas