Regulatory Relations Analyst (Mid-Level)

$74,210 - $141,830/Yr

USAA - San Antonio, TX

Full-time - Mid Level

San Antonio, TX

Credit Intermediation and Related Activities

About the position

The Regulatory Relations Analyst (Mid-Level) at USAA plays a crucial role in managing relationships with regulatory agencies, ensuring effective regulatory examination outcomes, and coordinating the regulatory examination process. This position requires strategic and tactical management of regulatory interactions, quality control of information provided to regulators, and collaboration with various stakeholders to ensure compliance with regulatory standards.

Responsibilities

• Participates in regulatory examination management by providing centralized task management and expertise as set forth by industry best practices.
• Ensures regulators have appropriate access to USAA resources and information required to discharge their supervisory responsibilities with respect to exams.
• Supports the development and communication of insights on USAA-specific regulatory engagement issues, in addition to broader regulatory industry-wide issues/themes.
• Participates in central tracking, coordinating of stakeholder responses to questions and information requests received from regulators in accordance with regulatory standards, ensuring timely delivery and escalating when needed.
• Performs quality assurance on stakeholder responses to ensure completeness and accuracy before submitting responses to regulators.
• Gathers information, analyzes data trends, identifies root cause(s), and provides information to the business or project teams in support of regulatory exams and issues management.
• Ensures documents, projects, processes or product initiatives comply with regulatory examination requirements and enterprise policy.
• Serves as a resource to team members on escalated issues of a routine nature.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Requirements

• Bachelor's degree; OR 4 years of related experience may be substituted in lieu of degree.
• 4 years experience with regulatory interactions to include interfacing with regulators and risk management policies and frameworks within a financial services organization or insurance industry.
• Knowledge and demonstrated application of laws and regulations applicable to large financial institutions (e.g. OCC Heightened Standards, FFIEC Handbooks and Guidance).
• Knowledge of data analysis tools and techniques with demonstrated ability to evaluate regulatory risk and make recommendations.
• Demonstrated ability to perform complex analysis and provide insights and recommendations to business, partners, or key stakeholders.

Nice-to-haves

• Advanced proficiency with Microsoft products such as Excel, Word, and PowerPoint.
• Strong organization skills with the ability to handle multiple tasks or change in assignment in a prioritized manner.
• US military experience with skills related to specific MOS'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