Business Risk and Controls Advisor Senior - Bank (Remote or Hybrid)
Posted on: May 12, 2022
Purpose of JobUSAA is looking for a talented Business Risk and
Controls Advisor Senior - Bank to work in a Remote (work from home)
or Hybrid work environment.
Positioned in the first line of defense to ensure 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. 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 manages existing and emerging risks that stem
from business activities and the job role.
- Ensures risks associated with business activities are
effectively identified, measured, monitored, and controlled.
- Follows written risk and compliance policies, standards, and
procedures for business activities.
- Manages 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
effectiveness of established business controls.
- Responsible for risk data analysis, report preparation and
trend analysis, utilizing business intelligence tools.
- Anticipates business needs and proactively identifies
opportunities to improve and strengthen the control environment
through actionable insights.
- Assists with translating control deficiencies into action plans
and provides recommendations to enhance governance practices in
alignment with risk and compliance frameworks.
- Partners with stakeholders 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
- Advises senior management on the status of their control
environment related to risk identification and control weaknesses.
Identifies critical areas to monitor and escalates issues and
findings to appropriate stakeholders.
- Develops and maintains processes, procedures and tools for
managing 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.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 (10 years total)
- 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 discipline; OR Advanced degree or designation in a
risk management or quantitative discipline, and 4 years of
experience supporting risk and/or compliance related activities; OR
PhD in a risk management or quantitative discipline, and 2 years of
experience supporting risk and/or compliance related
- Knowledge of federal laws, rules, regulations, and applicable
guidance to include: GLBA, BSA/AML, REG W, FRA 23A&B/TPRM, OCC
Heightened Standards, HOLA.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.Preferred Experience:
- 6+ years' experience in process analysis, process mapping, and
identifying specific risks and risk themes through in-depth
analysis of processes and process inventories.
- 2+ years' project management or Agile experience and/or
certifications: - Project Management Professional (PMP), Certified
Scrum Master (CSM), Certified Scrum Product Owner (CSPO),
etc.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:
$80,200-144,500*.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, Suffolk , Business Risk and Controls Advisor Senior - Bank (Remote or Hybrid), Other , Carrollton, Virginia
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