Business Risk and Controls Advisor, Lead (BSA/AML & Sanctions)
About the position
The Business Risk and Controls Advisor, Lead at USAA is responsible for providing oversight and guidance on issues related to Anti-Money Laundering (AML), the Bank Secrecy Act (BSA), and Sanctions regulations. This role focuses on managing risk by ensuring that AML-related issues are addressed with appropriate action plans and that remediation efforts align with regulatory standards. The advisor will collaborate with various business units to ensure compliance with program expectations and timelines, while also leading initiatives to enhance governance practices and mitigate risks.
Responsibilities
Direct and lead all aspects of multiple initiatives in support of risk and/or regulatory compliance related initiatives.
,
Apply a comprehensive understanding of risk and regulatory compliance to include business strategies and solutions.
,
Responsible for data analysis, report preparation and trend analysis, using business intelligence tools.
,
Design solutions for unanswered business questions and anticipate future business needs.
,
Direct, organize and coordinate action plans designed to enhance governance practices in alignment with frameworks.
,
Influence and develop innovative solutions to mitigate risk and prevent risk exposures which result in significant business impacts.
,
Handle the most complex projects involving cross-functional areas.
,
Define and outline innovative approaches to problem resolution and lead project team from concept through implementation.
,
Counsel senior management on the status of their control environment related to risk identification and control weaknesses.
,
Identify critical areas to monitor and bring up issues and findings to appropriate partners.
,
Serve as a primary resource to cross functional team members and advise on risk mitigation opportunities.
,
Stay informed of changes to the regulatory environment to ensure proper compliance with processes and requirements are followed.
,
Ensure risks associated with business activities are identified, measured, and controlled in accordance with policies and procedures.
Requirements
Bachelor's degree or 4 years of related experience may be substituted in lieu of degree.
,
Minimum 8 years' experience supporting risk-related, compliance related, or business control design activities in issue remediation or 8 years' experience in a relevant quantitative field.
,
Advanced degree or designation in a risk management or quantitative field, and 6 years' experience supporting risk-related, and/or compliance-related, or business control design activities in issue remediation; OR PhD in a risk management or quantitative field, and 4 years' experience supporting risk-related, and/or compliance-related, or business control design activities in issue remediation.
,
Knowledge of federal laws, rules, regulations, and applicable guidance to area supported, such as OCC Heightened Standards, BSA/AML, REG E, UDAAP/UDAP, TILA/REG Z, SCRA, FCRA, MLA.
Nice-to-haves
Deep understanding of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and Sanctions regulations, particularly as they apply to issue governance or issue management processes.
,
Strong background in testing methodologies such as audit, second line testing or similar control testing functions, with a focus on risk management and compliance assessments.
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 assistance
Apply Now
The Business Risk and Controls Advisor, Lead at USAA is responsible for providing oversight and guidance on issues related to Anti-Money Laundering (AML), the Bank Secrecy Act (BSA), and Sanctions regulations. This role focuses on managing risk by ensuring that AML-related issues are addressed with appropriate action plans and that remediation efforts align with regulatory standards. The advisor will collaborate with various business units to ensure compliance with program expectations and timelines, while also leading initiatives to enhance governance practices and mitigate risks.
Responsibilities
Direct and lead all aspects of multiple initiatives in support of risk and/or regulatory compliance related initiatives.
,
Apply a comprehensive understanding of risk and regulatory compliance to include business strategies and solutions.
,
Responsible for data analysis, report preparation and trend analysis, using business intelligence tools.
,
Design solutions for unanswered business questions and anticipate future business needs.
,
Direct, organize and coordinate action plans designed to enhance governance practices in alignment with frameworks.
,
Influence and develop innovative solutions to mitigate risk and prevent risk exposures which result in significant business impacts.
,
Handle the most complex projects involving cross-functional areas.
,
Define and outline innovative approaches to problem resolution and lead project team from concept through implementation.
,
Counsel senior management on the status of their control environment related to risk identification and control weaknesses.
,
Identify critical areas to monitor and bring up issues and findings to appropriate partners.
,
Serve as a primary resource to cross functional team members and advise on risk mitigation opportunities.
,
Stay informed of changes to the regulatory environment to ensure proper compliance with processes and requirements are followed.
,
Ensure risks associated with business activities are identified, measured, and controlled in accordance with policies and procedures.
Requirements
Bachelor's degree or 4 years of related experience may be substituted in lieu of degree.
,
Minimum 8 years' experience supporting risk-related, compliance related, or business control design activities in issue remediation or 8 years' experience in a relevant quantitative field.
,
Advanced degree or designation in a risk management or quantitative field, and 6 years' experience supporting risk-related, and/or compliance-related, or business control design activities in issue remediation; OR PhD in a risk management or quantitative field, and 4 years' experience supporting risk-related, and/or compliance-related, or business control design activities in issue remediation.
,
Knowledge of federal laws, rules, regulations, and applicable guidance to area supported, such as OCC Heightened Standards, BSA/AML, REG E, UDAAP/UDAP, TILA/REG Z, SCRA, FCRA, MLA.
Nice-to-haves
Deep understanding of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and Sanctions regulations, particularly as they apply to issue governance or issue management processes.
,
Strong background in testing methodologies such as audit, second line testing or similar control testing functions, with a focus on risk management and compliance assessments.
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 assistance
Apply Now