Why USAA?
Let’s do something that really matters.
At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. Not all of our employees served in our nation’s military, but we all share in the mission to give back to those who did. We’re working as one to build a great experience and make a real impact for our members.
We believe in our core values of honesty, integrity, loyalty and service. They’re what guides everything we do – from how we treat our members to how we treat each other. Come be a part of what makes us so special!
We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, or Tampa, FL. Relocation assistance is not available for this position.
As a member of the second line of defense, the Compliance and Operational Risk Testing Analyst drives independent testing under the Enterprise Testing program methodology to ensure departmental processes and activities follow applicable rules, regulations, policies and procedures. The incumbent will compile and retain well documented work papers to create accurate and concise written reports including issues, root cause and recommended corrective action.
The Opportunity
What you'll do:
- Under guidance, develops the steps needed to test and/or analyze compliance with applicable policies/procedures and laws/regulations.
- Analyzes and assesses formal and informal policies and procedures related to processes and controls for effectiveness related to risk controls.
- Under minimal guidance, conducts appropriate, independent testing to ensure operational risks and compliance requirements are adhered to.
- Prepares detailed and objective work papers to support conclusions.
- Completes assigned compliance and operational risk testing activities in accordance with established timelines and high standards of quality.
- Gathers information, analyzes data trends, identifies root causes, and provides information to the team and relevant partners.
- Identifies potential control weaknesses and makes recommendations to remediate issues.
- Summarizes the results of testing in clear, accurate and concise written reports. Maintains accountability for the completeness and accuracy of testing results/reports.
- Builds, develops, and maintains relationships with business and internal control partners (Audit, Risk & Compliance, Legal) to facilitate collaboration between all lines of defense for testing.
What you have:
- Bachelor's degree required and 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
- 4 or more or more years relevant work experience.
- Advanced knowledge of relevant regulatory data sources.
- Advanced knowledge of data analysis tools and techniques.
- Advanced knowledge of relevant industry regulations.
- Advanced knowledge of regulatory compliance. Advanced knowledge of Microsoft Office tools to include Word, Excel and Powerpoint.
What sets you apart:
- 4 + years of experience developing, implementing, and driving standard methodology risk testing, or auditing techniques (e.g., transactional/substantive testing, control testing, re-performance testing, adherence testing, etc.) across the Chief Financial Office and related enterprise-wide programs.
- Demonstrated experience in testing/auditing one or more of the following areas: Financial Statements, Corporate Accounting/Finance, Internal Controls over Financial Reporting (ICFR), SOX, Bank Call Report, CECL, Insurance Reserves, Tax, Stress Testing, or Regulation W.
- Knowledge of key risks applicable to in-scope areas of the Chief Financial Office and other related functions.
- 4+ years of shown experience at a Financial Institution, Big 4 Accounting Firm, Internal/External Auditor function, or Federal Examiner.
- Certified Public Accountant (CPA), or Certified Internal Auditor (CIA), designation(s).
- US military experience through military service or a military spouse/domestic partner [optional]
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.
What we offer:
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 data of the position. The actual salary for this role may vary by location. The salary range for this position is: $74,210 - $141,830.
Employees may be eligible for pay incentives based on overall corporate and individual performance and 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.
For more details on our outstanding benefits, please visit our benefits page on USAAjobs.com.
Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.
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.
