USAA · 1 day ago
Business Risk and Controls Principal
Charlotte, NC
Full-time
Remote
Lead/Staff
$165K/yr - $315K/yr
10+ years exp
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Responsibilities
Coordinate, guide, and drive the implementation, development, and maintenance of risk management solutions, enabling awareness of changes in the regulatory environment and management of downstream impacts.
Stay current on laws, regulations and industry standards and serve as a trusted strategic advisor and thought leader to senior leadership, EC and/or Board members. May independently provide advice directly to the line of business President.
Collaborate with a cross-functional team across enterprise to lead all aspects of the design, development and implementation of strategic, technical, and non-technical solutions that protect and minimize regulatory risk.
Demonstrate expert-level thought leadership towards strategy development and apply technical subject-matter-expertise to produce innovative solutions for complex work deliverables in support of departmental initiatives.
Support and engage, as appropriate, in discussions with relevant regulators (e.g. Federal Reserve, State Departments of Insurance, OCC, CFPB, FDIC) on the business regulatory risk control program and results.
Lead all aspects of risk and/or quality control improvements and drive strategic mitigation recommendations for major initiatives as appropriate, including project activities, related integrations, strategic activities, and large system/operational improvements.
Responsible for long-term initiatives, ad hoc requests, issues, and ongoing risk management responsibilities.
Consult for other business divisions on control design to address strategic, operational, financial, and regulatory risks.
Establish and monitor key performance and risk indicators/metrics to assist with the early identification of risk trends.
Responsible for the governance, administration of compliance and operational documents and for the governance, maintenance, and enforcement of operating procedures.
Ensure risks associated with business activities are identified, measured, and controlled in accordance with risk and compliance policies and procedures.
Qualification
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Required
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' risk management, audit, and/or compliance experience within a financial services industry to include 6 years of specific SME experience and accountability for designing and implementing risk management technical and non-technical strategies and solutions.
Practical knowledge/experience with IT in developing, designing, and implementing technical solutions.
Strong understanding of business operations and management, to include end-to-end processes and organizational dependencies.
Extensive experience and knowledge of compliance laws, rules, and regulations including relevant industry standard processes and subject matter expertise across a broad range of financial products and services to meet regulatory guidelines.
Mastery of risk management consulting skills to include capturing and synthesizing business requirements and communicating and/or facilitating constructive opportunities to a variety of audience levels such as the executive council, legal counsel, law enforcement, regulators, and examiners.
Executive-level mastery of property & casualty insurance or banking regulatory requirements, risk management principles and operational risk concepts.
Proven ability to navigate and operate across multiple levels of a large, highly matrixed organization.
Ability to establish trust with key partners and work with businesses and functions to facilitate the successful implementation of Compliance Risk Management Programs.
Proven understanding of risk and corporate governance practices, and the functions of a three lines of defense risk management structure.
Demonstrated expertise of enterprise risk and compliance frameworks, policy development and implementation.
Preferred
Minimum 8 years’ experience in operational risk, First Line of Defense or advisory role supporting multiple disciplines to include fraud and claims.
Comprehensive experience and knowledge in Claims COE and how all facets of Claims operations have upstream and downstream effects to products (deposit, credit card, credit bureaus, etc.).
Expert understanding of deposit and back-office operations.
Benefits
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
Various wellness programs
Career path planning and continuing education
Company
USAA
USAA is a financial services company.
10001+ employees
H1B Sponsorship
USAA has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (45)
2022 (160)
2021 (29)
Funding
Current Stage
Late StageLeadership Team
Dana Simmons
Executive Vice President, CEO Chief of Staff
Chris Flint
SVP and General Manager, Life and Health Insurance
Recent News
2024-12-16
2024-12-04
Google Patent
2024-12-04
Company data provided by crunchbase
