Compliance and Operational Risk Testing Analyst Senior

$99,160 - $189,530/Yr

USAA - San Antonio, TX

Full-time - Senior

San Antonio, TX

Credit Intermediation and Related Activities

About the position

At USAA, we are dedicated to facilitating the financial security of millions of U.S. military members and their families. As a Compliance and Operational Risk Testing Analyst Senior, you will play a crucial role in implementing independent risk-based testing under the Enterprise Testing program methodology. This position is designed to ensure that departmental processes and activities align with applicable rules, regulations, policies, and procedures. You will support the Second Line of Defense's oversight of the Chief Financial Office (CFO) function with minimal direct supervision, executing and reviewing ongoing evaluations of the risk and control environment. Your work will involve collaborating with various team members across the USAA Enterprise to produce high-quality results in support of the ECORT's CFO Testing program. In this role, you will develop the necessary steps to test and analyze compliance with complex policies, procedures, and laws. You will conduct independent testing to ensure adherence to operational risks and compliance requirements, preparing detailed and objective work papers to support your conclusions. Additionally, you will review issues and findings to provide effective challenges and ensure the quality of supporting documentation. Your responsibilities will also include performing complex qualitative analysis of data, identifying potential control weaknesses, and making recommendations to remediate issues. You will manage all aspects of a compliance and operational risk test from end to end and serve as a resource to team members on advanced issues.

Responsibilities

• Develop the steps needed to test and/or analyze compliance with complex policies/procedures and laws/regulations.
• Conduct appropriate, independent testing to ensure operational risks and compliance requirements are adhered to.
• Prepare detailed and objective work papers to support conclusions.
• Review issues and findings to provide effective challenge and quality of supporting documentation.
• Perform complex qualitative analysis of data.
• Identify potential control weaknesses and make recommendations to remediate issues.
• Manage all aspects of a compliance and operational risk test from end to end.
• Serve as a resource to team members on advanced issues.

Requirements

• Bachelor's degree OR 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree (10 years total experience required without a degree).
• 6 or more years of proven experience (internal/external audit, operational risk/compliance testing, quality assurance).
• Demonstrated experience interpreting and applying federal and state laws and regulations and guidance or operational risk principles/concepts.
• Sophisticated knowledge of testing techniques and data analysis principles, as well as the ability to interpret subsequent results.
• Proven track record of communicating effectively at all levels of management.
• Proficiency in Excel, Word, and PowerPoint.

Nice-to-haves

• 6 + years of experience developing, implementing, and driving standard methodology risk testing, or auditing techniques (e.g., transactional 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.
• 6+ 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).

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 for professional goals.