Business Risk and Controls Advisor, Lead (BSA/AML & Sanctions) - Military Veterans

Why USAA?

Let’s do something that really matters.

At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. Not all of our employees served in our nation’s military, but we all share in the mission to give back to those who did. We’re working as one to build a great experience and make a real impact for our members.

We believe in our core values of honesty, integrity, loyalty, and service. They’re what guides everything we do – from how we treat our members to how we treat each other. Come be a part of what makes us so special!

The Opportunity

As a dedicated Business Risk and Controls Advisor Lead, you will serve as an advisor to the business, providing oversight and guidance on issues primarily related to Anti-Money Laundering (AML), the Bank Secrecy Act (BSA) and Sanctions regulations. You will focus on managing risk by ensuring issues tagged to AML are addressed with appropriate action plans that target root cause. You will also collaborate with the business to ensure remediation efforts align with BSA/AML and Sanctions standards and that all issues are resolved in compliance with program expectations and timelines.

This position can work remotely in the continental U.S. with occasional business travel.

Relocation assistance is not available for this position.

What you'll do:

• Direct and lead all aspects of multiple initiatives in support of risk and/or regulatory compliance related initiatives including but not limited to oversight of procedures/process, accurate regulatory reporting and filing, document governance, risk control self-assessments, procedure governance, control design, new product controls, Company or Staff Agency Third Party Governance, or quality governance.




• Apply a comprehensive understanding of risk and regulatory compliance to include business strategies and solutions.




• Responsible for data analysis, report preparation and trend analysis, using business intelligence tools.




• Design solutions for unanswered business questions and anticipates future business needs.




• Direct, organize and coordinate action plans designed to enhance governance practices in alignment with frameworks.




• Influence and develop innovative solutions to mitigate risk and prevent risk exposures which result in significant business impacts.




• Handle the most complex projects involving cross-functional areas.




• Define and outline innovative approaches to problem resolution and lead project team from concept through implementation.




• Counsel senior management on the status of their control environment related to risk identification and control weaknesses.




• Identify critical areas to monitor and bring up issues and findings to appropriate partners.




• Serve as a primary resource to cross functional team members and advises on risk mitigation opportunities.




• Stay informed of changes to the regulatory environment to ensure proper compliance with processes and requirements are followed.




• Ensure risks associated with business activities are identified, measured, and controlled in accordance with policies and procedures.

What you have:

• 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.




• Minimum 8 years' experience supporting risk-related, compliance related, or business control design activities in issue remediation OR 8 years' experience in a relevant quantitative field; OR Advanced degree or designation in a risk management or quantitative field, and 6 years' experience supporting risk-related, and/or compliance-related, or business control design activities in issue remediation; OR PhD in a risk management or quantitative field, and 4 years' experience supporting risk-related, and/or compliance-related, or business control design activities in issue remediation




• Knowledge of federal laws, rules, regulations, and applicable guidance to area supported for example: OCC Heightened Standards, BSA/AML, REG E, UDAAP/UDAP, TILA/REG Z, SCRA, FCRA, MLA.

What sets you apart:

• Deep understanding of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and Sanctions regulations, particularly as they apply to issue governance or issue management processes.




• Strong background in testing methodologies such as audit, second line testing or similar control testing functions, with a focus on risk management and compliance assessments.

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: $120,550.00 - $216,990.00.

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 USAAjobs.com.

Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.

 

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.