Director, Compliance And Operational Risk Testing - Anti-Money Laundering

Why USAA?

The Opportunity

We are seeking a dedicated Director Compliance and Operational Risk Testing - AML. This Director position can work a hybrid schedule and be based in one of our following office locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Tampa, FL, Colorado Springs, CO, Charlotte, NC or work remotely in the continental U.S. with occasional business travel.

Enterprise Compliance and Operational Risk Test (ECORT) - AML provides independent, point-in-time Anti-Money Laundering (AML) and Sanctions compliance reviews for adherence to regulatory and policy requirements, conducted by ECORT AML Compliance personnel with sufficient AML and sanctions expertise. These reviews focus on AML and sanctions business processes, transactions, products, controls, policies, procedures, training, or other activities.

As a member of the second line of defense, oversees the execution of independent testing under the Enterprise Testing program methodology to ensure departmental processes and activities align with 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.

What you'll do:

• Provides oversight and manages independent testing plan to ensure compliance with applicable policies/procedures and laws/regulations.
• Develops and drives a risk-based annual test plan in collaboration with second line control partners.
• Leads all aspects of operational risk testing activities in accordance with established timelines and high standards of quality.
• Is responsible for the objective reporting and communication of operational risk test findings and remediation of issues to appropriate partners.
• Prepares and presents executive briefs to internal and external stakeholders.
• Develops and monitors budgetary and/or operation performance of department resources.
• Builds and coordinates a team of employees for assigned area through ongoing execution of recruiting, development, retention, coaching and support, performance management, and managerial activities.

What you have:

• Bachelor's degree OR 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree (12 years total without a degree).
• 8 or more years of relevant work experience (internal/external audit, operational risk/compliance testing, quality assurance).
• 3 years of direct team lead or management experience required.
• Proven experience interpreting and applying federal and state laws and regulations and guidance or operational risk principles/concepts.
• Experience working in a highly regulated environment.
• Advanced knowledge of testing techniques and data analysis principles, as well as the ability to interpret subsequent results.
• Previous experience developing executive briefs and presenting to key internal and external partners.
• Proven ability to communicate effectively at all levels of management.
• Advanced knowledge of Microsoft Office tools to include Word, Excel and PowerPoint.

What sets you apart:

• Progressive AML/OFAC compliance-related experience performing testing in a complex matrix financial services/banking environment.
• Strong knowledge of Fraud, ABAC, BSA, AML and OFAC laws and regulations.
• Understanding of key AML functions including transaction monitoring, investigations and suspicious activity reporting.
• Proven ability to deliver results that meet heightened regulatory expectations.
• Experience with risk assessments, control analysis and issue management within the areas of Banking, Financial Services, and Insurance.
• Experience collaborating with key resources and partners, influencing decisions and completing test plans to satisfy internal and regulatory expectations.
• Professional designation such as CAMS, CFE, CIA or CRCM.

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: $115,240 - $220,270

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.

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.