SanAntonioTXRecruiter Since 2001
the smart solution for San Antonio jobs

EVP, Chief Risk Officer

Company: United Services Automobile Association
Location: San Antonio
Posted on: September 17, 2020

Job Description:

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Coronavirus (COVID-19), we’re leveraging our digital capabilities to ensure we can continue to connect to top talent. Click here to learn more.

Purpose of Job The EVP, Chief Risk Officer is the senior officer responsible for leading the corporate risk function at USAA and strategy for overseeing the risk of the enterprise, providing counsel to the board of directors, chief executive officer, and senior management. This executive is a member of USAA’s Executive Council. This executive is accountable for establishing a sound risk governance framework, standards, capabilities and execution of a proactive risk strategy across all of USAA’s lines of business including banking, insurance and wealth management. The executive is accountable for providing effective oversight of the company’s consolidated enterprise risk profile including financial as well as non-financial risks and ensuring appropriate resourcing and infrastructure to support the mandate of the function. Job Requirements Managerial Responsibilities

Serves as a member of the Firm’s Executive Council (EC):

Implements the firm’s strategy and risk tolerance approved by USAA’s board of directors.

Ensures safety and soundness and compliance with internal policies and procedures, laws and regulations, including those related to consumer protection.

Maintains and implements an effective risk management framework and ensures a firm appropriately manages risk consistent with its strategy and risk tolerance.

Manages day-to-day operations of a large financial company.

Ensures effective communication and information sharing across USAA (and in particular, the risk function).

Provides timely, useful, and accurate information to the board of directors.

Responds to direction from and information needs of USAA’s board of directors.

Ensures resolution of risk management issues (including those identified by the firm and outstanding supervisory matters), escalating issues to the board, and communicating issues internally.

In addition, serves as leader to the risk function which involves:

Leads design and execution of USAA’s risk strategy, taking into account USAA’s business strategy and complex regulations and nuanced supervisory expectations, including how they apply in a matrixed commercial environment.

Role models USAA’s mission, core values, culture and desired behaviors – including a culture of risk awareness and accountability.

Develops talent in the risk function to deliver performance and results – including the identification, development and retention of talent with requisite risk capabilities as well as providing leadership and overseeing performance management and staff development activities.

Supervises and drives operational strategy and planning of the risk function – including risk processes and technologies.

Oversees funding, budgeting and execution of risk initiatives and projects across the USAA’s core businesses and legal entities.

Holds self and others accountable to meet commitments by setting and clearly communicating expectations and roles and responsibilities.

Technical and Risk Responsibilities

Establishes and maintains a 2nd line of defense that is appropriate for the size, complexity, and risk profile of USAA.

Leads the 2nd line of defense in identifying and assessing the enterprise’s risk profile relative to its established risk appetite, monitoring compliance with enterprise-wide risk limits, and providing timely, relevant risk information to senior management and the board of directors.

Escalates issues to senior management and the board of directors when activities or practices at the enterprise, risk-specific, and business-line level do not align with the enterprise’s overall risk tolerance.

Supports the independence of the 2nd line of defense from business lines by establishing clearly defined roles and responsibilities, and reporting lines.

Provides leadership and guidance to the enterprise’s core risk capabilities and programs, including related to risk associated with all CoSA activities, including P&C, FSB, USB, FASG, as well as activities associated with enterprise risk management, establishing and applying risk limits, CRO strategy and planning, enterprise compliance, be a compliance company program, and enterprise regulatory affairs.

Partners with Compliance and Legal on regulatory matters as they impact the enterprise, as well as information requests regarding compliance and regulatory filings.

Serves as point of contact for federal and state regulatory agencies for legal matters as they impact the enterprise.

Serves as the senior-most authority on technical risk concepts across all risk stripes (financial and non-financial risks).

Governance Committees

Interacts with or participates in enterprise governance committees, such as:

Executive Council

Risk Council

Ethics Council

Education & Experience

Education

Bachelor’s degree is required

Advanced degree such as MBA or JD is preferred .

Experience

A minimum of 20 years of experience in technical discipline (e.g. Risk) with a proven track record leading comparable operations and programs (e.g. ERM, stress testing, reporting etc.) through changing market cycles is required.

A minimum of 15 years of people leadership experience in building, managing and/or developing high-performing teams is required.

A minimum of 15 years of relevant experience in a large financial institution ($100 billion +), including 5+ years post-Dodd Frank, in a senior role within a risk function (e.g. an enterprise risk role) is required.

Additional Knowledge Sets &/or Certifications

Regulatory Understanding*

Demonstrated understanding of the full spectrum of regulatory actions, including examinations and other supervisory engagement and processes, such as:

Dodd-Frank Act

Home Owners’ Loan Act

Fair Lending laws

Texas Insurance Code

New York Insurance Law

Federal regulations and supervisory guidance:

12 CFR Part 238 (Regulation LL)

12 CFR Part 252 (Regulation YY)

12 CFR Part 223 (Regulation W)

12 CFR Part 30, including Appendices A through E

12 CFR 9 - Bank Fiduciary Activities

12 CFR 25 -- Community Reinvestment Act

12 CFR Part 46 (Annual Stress Test)

Federal Reserve Supervisory Guidance Documents:

SR 12-17 ( Consolidated Supervision Framework for Large Financial Institutions )

SR 08-08 (Compliance Risk Management Programs)

SR 14-9 ( Incorporation of Federal Reserve Policies into the Savings and Loan Holding Company Supervision Program and related applicable guidance )

Bank Holding Company Examination Manual

Federal Reserve proposals concerning Board effectiveness and core principles of effective senior management, management of business lines, and independent risk management and controls

OCC Supervisory Guidance Documents: Large Bank Supervision Handbook; Corporate and Risk Governance Handbook; and key OCC bulletins (Model Risk Governance; Model Risk Management; New Products and Services Risk Management; Third Party Risk Management)

FFIEC: BSA/AML Manual; IT/Cyber Handbooks

CFPB: Consumer Protection Regulations; UDAAP

*Regulatory understanding is for illustrative purposes. Roles would need an understanding of all federal and state laws and regulatory guidance applicable to the organization and responsibilities of the role.

Note: The above statements are intended to describe the general nature and level of work being performed by employees in this position. They are not intended to be an exhaustive list of all duties, responsibilities and qualifications of employees assigned this job.

Certifications

Industry certifications are preferred.

Get personalized job alerts by completing the fields below, adding your selections and then clicking “Sign Up.”

Email Address

Interested In

Category

Location

USAA is an equal opportunity and affirmative action employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, veteran status or any other legally protected characteristic. If you'd like more information about your EEO rights as an applicant under the law, click here for English / Spanish . For USAA’s Affirmative Action and EEO statement, please click here . Furthermore, USAA makes hiring decisions compliant with the Fair Chance Initiative for Hiring Ordinance (LAMC 189.00).

USAA provides equal opportunity to qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation, please email HumanResources@usaa.com or call 1-800-210-USAA and select option 3 for assistance.

Keywords: United Services Automobile Association, San Antonio , EVP, Chief Risk Officer, Other , San Antonio, Texas

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Other Jobs


MA, Medical Assistant Non-Certified - Family Medicine
Description: Job Description:Description Summary: Performs duties under supervision of a Physician. Interviews patients,
Company: Christus Health
Location: San Marcos
Posted on: 09/29/2020

Amazon Warehouse Assistant (Different Shifts Available) - Earn $15/hr or more
Description: Warehouse Team Members Shifts: Overnight, Day, Evening, Weekend Location: San Marcos, Texas Job opportunities vary by location. We update postings daily with open positions. Hourly pay rate: (more...)
Company: Confidential
Location: San Marcos
Posted on: 09/29/2020

Infection Preventionist-Infection Control
Description: Job DescriptionDescription Summary: Assumes responsibility for and provides guidance to the hospital-wide infection prevention control program. Serves as a resource on infection risk assessment, surveillance
Company: CHRISTUS Health
Location: San Marcos
Posted on: 09/29/2020


Amazon Prime Shopper
Description: Warehouse/Shopper Team Members br Shifts: br Overnight, Early Morning, Day, Evening, Weekend br br Location: br San Marcos, Kyle, Buda TX br Job opportunities vary by location. We update (more...)
Company: Amazon Workforce Staffing
Location: San Marcos
Posted on: 09/29/2020

Licensed Life Insurance Independent Contractor - Work from Home
Description: Job Description We got what you want, you got what we need Liveops is sourcing for Licensed Life and Health Insurance Sales Specialists to handle incoming calls from one of our insurance industry clients. (more...)
Company: Liveops
Location: San Marcos
Posted on: 09/29/2020

High Demand For Quality Window Pros - Get New Clients In Your Area
Description: Over 25 million homeowners have trusted HomeAdvisor 1800Contractor to help them find quality professionals with the expertise to turn their home improvement
Company: HomeAdvisor
Location: San Marcos
Posted on: 09/29/2020

Amazon Picker Packer - Immediate Hire!
Description: Warehouse/Shopper Team Members br Shifts: br Overnight, Early Morning, Day, Evening, Weekend br br Location: br San Marcos, Kyle, Buda TX br Job opportunities vary by location. We update (more...)
Company: Amazon Workforce Staffing
Location: San Marcos
Posted on: 09/29/2020

Amazon Prime Shopper
Description: Warehouse/Shopper Team MembersShifts: Overnight, Early Morning, Day, Evening, WeekendLocation:San Marcos, Kyle, Buda TXJob opportunities vary by location. We update postings daily with open positions.Hourly (more...)
Company: Amazon Workforce Staffing
Location: San Marcos
Posted on: 09/29/2020

H E B: Maintenance Technology Engineer (Leader)
Description: There's way more to H-E-B
Company: H E B
Location: San Marcos
Posted on: 09/29/2020

Warehouse Worker (Different Shifts Available)
Description: Warehouse Team Members Shifts: Overnight, Day, Evening, Weekend Location: San Marcos, Texas Job opportunities vary by location. We update postings daily with open positions. Hourly pay rate: (more...)
Company: Confidential
Location: San Marcos
Posted on: 09/29/2020

Log In or Create An Account

Get the latest Texas jobs by following @recnetTX on Twitter!

San Antonio RSS job feeds