Business Risk and Controls Advisor Senior (Hybrid)
Location: Newport News
Posted on: November 19, 2022
Purpose of Job
We are seeking a talented Business Risk and Controls Advisor Senior
to join our team.
This role is hybrid. USAA values a culture that is highly
collaborative, and we have found that a hybrid work type helps
employees gain the best of both worlds - collaborating in-person in
the office and working from home. The actual onsite days are
settled between each employee and the employee's manager.
Candidates are expected to live a commutable distance from one of
our offices in San Antonio, TX, Plano, TX, Phoenix, AZ, Tampa, FL,
Chesapeake, VA, Colorado Springs, CO or Charlotte, NC.
This role is 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. It 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. It's 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. In addition, it leverages risk assessment data and
identifies key data-driven insights tied to first line of
USAA 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.
- 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.
- 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, and regulations, to include:
UDAP/UDAAP, FRB Regs A-Z, NAIC, and GLBA. Preferred Qualifications:
- Proficiency with data visualization.
- Experience with environmental/system scans.
- Experience with agile development.
- Experience with root cause analysis and data analysis.
- Ability to create tactical/strategic action plans. 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.
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
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
To see details on our outstanding benefits, visit USAA Total
Relocation assistance is not available for this position.
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.
Keywords: USAA, Newport News , Business Risk and Controls Advisor Senior (Hybrid), Other , Newport News, Virginia
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