Risk Analyst Lead

Company: USAA
Location: Seminole
Posted on: November 25, 2022

Job Description:

Purpose of Job

The Operational Risk Analyst within the CFO oversight team will be performing and/or assisting in 3 primary tasks: 1) monitoring their responsible area of coverage, 2) executing and reporting on targeted risk assessments in areas of higher risk and/or regulatory scrutiny, and 3) assisting ECORT (SLOD testing group) in developing their annual testing coverage of their responsible area of coverage and including the results in the respective monitoring activities.

On top of the Business as Usual (BAU) Operational Risk oversight roles above this role will be expected to execute the SLOD roles and responsibilities of the various risk programs throughout the Enterprise (PRCI, RCSA, Risk Inventory, Risk Assessment, Risk Profile, Issue Management, KRI/RAM, Internal/External Operational Losses).

Work Hybrid out of our San Antonio TX, Plano TX, Phoenix AZ, Colorado Springs CO, Charlotte NC, or Tampa FL facility.

Provides risk management support for a line of business or staff agency in key risk identification, measurement, monitoring, control and reporting, and the understanding and management of risk through appropriate practices and processes. Assess and oversee enterprise and business exposures including key and emerging risks. Monitors the risk and control environment and provides effective challenge to internal and external stakeholders to ensure that exposures are kept at acceptable levels. Escalates and reports risks to the appropriate governance bodies. Leads and executes complex initiatives and cross functional teams within the Chief Risk Office and across the Enterprise that drive problem resolution. Leverages broad enterprise knowledge and/or expert knowledge of core business discipline(s), products and processes

Job Requirements

About USAA

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 seeks key stakeholders across the enterprise to support the identification, assessment, aggregation and the overall management of risks and controls.
• Presents findings and recommendations to various levels of leadership.
• Routinely communicates results of risk assessments to governance committees, business process owners and various levels of leadership and influences decision making.
• Develops process and procedures for successful implementation of new risk policies, practices, appetites and solutions to ensure holistic understanding and management of risks according to industry best practice.
• Develops strategies, tools, and methodologies to measure, monitor, and report risks.
• Applies expert knowledge to utilize or produce analytical material for discussions with cross functional teams to understand business objectives and influence solution strategies.
• Leads, assembles and facilitates cross-functional teams to identify, assess, aggregate and mitigate current and emerging risk events.
• Serves as the point of contact for senior risk leadership on projects and special management requests that often impact the enterprise or core operating area.
• Formulates and reviews stress test plans for a line of business or the enterprise.
• Evaluates results, and frames contingency plans in partnership with key business stakeholders.
• Crafts key communications to be delivered to executives and board members. Minimum Requirements:
  • Bachelor's Degree in Risk Management, Business, Finance, or a related field.
  • 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree
  • 8 years of risk management, regulatory or operations experience in a relevant functional area to include banking, insurance, financial services, audit, project management, public accounting or other related operational area. Or advanced degree/designation in Risk Management, Business, Finance, or other discipline relevant to risk management and 6 years of work experience in a discipline relevant to risk management.
  • Advanced risk management experience in a complex institution and/or highly matrixed environment related to banking, insurance and/or financial services.
  • Demonstrated experience in conflict resolution management and ability to effectively challenge at all levels of management and influence business outcomes.
  • Experience leading and directing work with both internal and external partners in a highly collaborative environment.
  • Demonstrated critical thinking and knowledge of data analysis tools and techniques and decision-making abilities, to include demonstrated ability to effectively make data-driven decisions.
  • Proactively identifies potential concerns and follows-up to resolve issues.
  • Advanced knowledge of Microsoft Office products including Excel and PowerPoint.
  • Successful completion of a job-related assessment may be required. Preferred Experience:
    • Experience monitoring the 1st line adherence to and execution of enterprise risk programs (Process Risk Control Inventory (PRCI), Risk and Control Self-Assessments (RCSA), Risk Inventory, 1st Line Risk Assessment, and Risk Profile) that includes process and control excellence, issue management/oversight, operational losses, testing, and management of regulatory requirements
    • Deep business acumen in the areas of operational risk and financial services primarily within a Chief Financial Office and/or Finance function of a large Enterprise,
    • Proven ability to effectively assess and challenge process, risk and controls, identify emerging risks and issues, analyze large bodies of risk data, and communicate results in a concise and comprehensive manner to multiple stakeholders across the organization
    • Proven ability to communicate effectively across the 1st and 2nd Lines of Defense and build collaborative relationships.
    • Proven ability to communicate effectively with the 3rd Line of Defense and build collaborative relationships.
    • Ability to build strong relationships with business partners and teammates and influence change with all levels of the 1st line including executives
    • Experience executing targeted assessments and performing control testing of design and effectiveness.
    • Preferred certifications include CPA (Certified Public Accountant) and/or CIA (Certified Internal Auditor)
      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 position. The salary range for this position is: $117,600- $211,700 (this does not include geographic differential it may be applied based on your work location)
      
      Employees may be eligible for pay incentives based on overall corporate and individual performance or 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.
      
      Please click on the link below for more details.
      
      USAA Total Rewards
      
      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, Largo , Risk Analyst Lead, Accounting, Auditing , Seminole, Florida