Director, Risk Management-Third Party (Remote)
Company: USAA
Location: Ruskin
Posted on: May 13, 2022
Job Description:
Purpose of JobWe are currently seeking talented Director, Risk
Management for our San Antonio, TX, Tampa, FL, Plano, TX, Phoenix,
AZ or Charlotte, NC offices. Remote opportunity may be
available.Accountable for the development and mentoring of a high
performing team in support of the enhancement and growth of the
USAA risk management program. Influences processes at both the
business unit and enterprise level and leads and sets the agenda
for risk management deliverables. Responsible for providing 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. Accountable for monitoring the
risk and control environment and provides effective challenge to
internal and external stakeholders to ensure that exposures are
kept at acceptable levels. Leads cross-functional teams and
collaborates with control partners to achieve objectives across
multiple business units or Centers of Excellence. Participates in
and supports internal and external audits, regulatory reviews, and
rating agency requests.Job RequirementsAbout USAAUSAA 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.Primary
Responsibilities: Job Description
- Directs staff and initiatives that support risk management
programs, to include governance support, risk oversight, risk
infrastructure development, identification, quantification, and
aggregation of key and emerging risks and/or operational risks and
controls.
- Builds and manages a high performing team of risk professionals
through recruitment, training, coaching, performance management and
related managerial activities.
- Partners with key stakeholders in the business and oversees the
formulation of stress test plans, identification, assessment and
documentation of risks and controls, including risks associated
with new or modified products, services, distribution channels,
regulations and/or third-party operations.
- Directs the oversight of model risk through model documentation
review, assessment of performance monitoring, model validation, and
use implementation
- Directs teams in the development of risk dashboards and
reporting formats in alignment with risk appetite/profile and leads
teams in the identification, quantification and aggregation of
risks using analytical methodologies.
- Reviews, communicates and recommends the development of risk
policies and procedures in partnership with senior leaders to
ensure appropriateness and adequacy versus industry best practices
and regulatory requirements.
- Accountable for the development, implementation and oversight
of risk management frameworks.
- Oversees the preparation of key reports and communications and
may present to governance committees, senior leaders, regulatory
bodies and the USAA Board of Directors.When you apply for this
position, you will be required to answer some initial questions.
This will take approximately 5 minutes. Once you begin the
questions you will not be able to finish them at a later time and
you will not be able to change your responses.Minimum Requirements:
- Bachelor's degree in Risk Management, Business, Finance, or a
related field; OR 4 years of related experience (in addition to the
minimum years of experience required) may be substituted in lieu of
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; OR PhD in Risk Management, Business,
Finance, or other discipline relevant to risk management and 4
years of work experience in a discipline relevant to risk
management.
- 3 years of direct team lead or management experience.
- 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.Preferred Experience:
- Strong understanding of regulatory requirements associated with
Third Party Risk Programs (e.g., OCC Bulletin 2013-29)
- Experience assessing Third Party Risk Management Lifecycle
components (e.g., Planning, Due Diligence and Third-Party
Selection)
- Experience assessing and/or understanding of Procurement
Lifecycle
- Strong understanding of Operational Risk Programs (RCSAs, KRIs,
RAMs) required
- Prior experience in a Second Line of Defense performing
effective challenge on TPRM program is preferredThe 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.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. *Geographical Differential:
Geographic pay differential is additional pay provided to eligible
employees working in locations where market pay levels are above
the national average. Shift premium: will be addressed on an
individual-basis for applicable roles that are consistently
scheduled for non-core hours. 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
RewardsRelocation assistance is not available for this
position.
Keywords: USAA, Palmetto , Director, Risk Management-Third Party (Remote), Executive , Ruskin, Florida
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