Purpose of Job
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.
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 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 remediation.
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 regulations.
Serves as a primary resource to team members.
Bachelor's Degree; 4 additional years of related experience beyond the minimum required may be substituted in lieu of a 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 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 activities.
Qualifications may warrant placement in a different job level*
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 able to change your responses.
5+ years experience with IT audit, integrated auditing or IT internal control testing
SOX Testing/ Public Company and/or Big 4 experience
Master's Degree, CPA, CIA, CRMA, CCSA, CISA, CRISC
Knowledge of COSO, COBIT, understanding of Sarbanes Oxley 404 and PCAOB Standards
Broad knowledge of risk, audit, controls (specifically Application and IT General Controls)
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.
At USAA our employees enjoy one of the best benefits package in the business, including a flexible business casual or casual dress environment, comprehensive medical, dental and vision plans, along with wellness and wealth building programs. Additionally, our career path planning and continuing education will assist you with your professional goals.
USAA also offers a variety of on-site services and conveniences to help you manage your work and personal life, including seven cafeterias, two company stores and three fitness centers.
Relocation assistance is not available for this position.
For Internal Candidates:
Must complete 12 months in current position (from date of hire or date of placement), or must have manager's approval prior to posting.
Last day for internal candidates to apply to the opening is 6/23/20 by 11:59 pm CST time.
United Services Automobile Association (Usaa)