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USAA · 4 hours ago

Business Risk and Controls Advisor Lead – Life Company

San Antonio Home Office I

Full-time

Onsite

Senior Level, Lead/Staff

$127K/yr - $229K/yr

8+ years exp

USAA is a company dedicated to empowering its members to achieve financial security. They are seeking a Business Risk and Controls Advisor Lead to promote risk-awareness and enhance the effectiveness of risk and compliance management programs, collaborating with various departments to support risk and compliance initiatives.

BankingFinancial ServicesInsuranceVenture Capital

No H1B

Responsibilities

Directs and oversees 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, CoSA Third Party Governance, or quality governance

Applies a holistic understanding of risk and regulatory compliance to includes business strategies and solutions

Responsible for first line of defense data analysis, report preparation and trend analysis, utilizing business intelligence tools

Designs solutions for unanswered business questions and anticipates future business needs

Directs, organizes and oversees action plans designed to enhance governance practices in alignment with risk and compliance frameworks

Influences and develops innovative solutions to mitigate risk and prevent risk exposures which result in significant business impacts

Manages the most complex projects involving cross-functional areas within the first line of defense

Defines and outlines new approaches to problem resolution and leads project team from concept through implementation

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

Serves as a primary resource to cross functional team members and advises on risk mitigation opportunities

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

Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures

Qualification

Risk managementCompliance managementData analysisRegulatory knowledgeBusiness intelligence toolsLife insurance knowledgeProject managementSoft skills

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. (Total of 16 years of experience without bachelor's degree)

8 years of experience supporting risk-related, compliance related, or business control design activities; OR 8 years of experience in a relevant quantitative discipline; OR Advanced degree or designation in a risk management or quantitative discipline, and 6 years of experience supporting risk-related, and/or compliance-related, or business control design activities; OR PhD in a risk management or quantitative discipline, and 4 years of experience supporting risk-related, and/or compliance-related, or business control design activities

Preferred

US military experience through military service or a military spouse/domestic partner

Expertise in the applicability of Life, Annuities, and Investment regulation to support analysis and implementation when regulatory changes, enactments of new or amended legislation, production of rules by regulatory bodies, or guidance regarding laws or rules which could impact Line of Business processes

Experience in compliance and risk management programs supporting Life, annuities, and investment products

Life, annuities, and investment related licenses

Experience overseeing and supporting multiple strategic projects through all project stages, planning, execution, monitoring and closure