Purpose of Job We are currently seeking a talented Senior Audit
Manager – Cap Stress Testing for the San Antonio Home Office, Plano
Legacy, Phoenix, Tampa or 100% remote work environment.
Manages one or more engagements, varying in complexity, and
often participates in highly complex and cross-functional
risk-based assurance and advisory engagements driving quality of
audit work. Depending on need, may also lead engagements as
Auditor-In-Charge (AIC). Manages strategic initiatives and assists
with the development and implementation of a risk-based audit plan.
Serves, and/or partners with subject matter expert(s) to analyze
issues, establish collaborative client relationships, and
proactively work with client management to assess risk and improve
internal controls. Makes audit related decisions with input from
the Director as needed. Builds and strengthens team relationships
to assist in establishing an effective audit team. Adheres to the
Institute of Internal Auditors' International Standards for the
Professional Practice of Internal Auditing (Standards) and Code of
Ethics. Maintains knowledge of financial services regulations and
effectively responds and interacts with regulators. Job
Requirements About USAA
USAA 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.
In each of the past five years, we've been a top-40 Fortune 100
Best Companies to Work For®, and we've ranked among Victory Media's
Top 10 Military Friendly® Employers 13 years straight. We embrace a
robust veteran workforce and encourage veterans and veteran spouses
USAA Careers - Award Winning Workplace (17 seconds)
USAA Careers – World Class Benefits (31 seconds)
Provides recommendations to leadership and guidance to staff
Promotes the development of effective team relationships and
functions in various capacities to ensure the success of team
Approves the engagement risk assessment and scope of the
Provides input into the creation of the internal audit universe
and updates universe risk assessment information with current and
applicable research and industry feedback.
Participates in development of the Audit annual plan ensuring
risks are appropriately identified and rated; and assists with
implementation of the annual plan.
Independently prepares, reviews, and leads continuous monitoring
and advisory activities, special reviews and investigations.
Ensures assigned engagements are completed objectively,
professionally, timely and in accordance with corporate and
industry audit standards.
May directly manage, select, and develop staff responsible for
conducting audit plans for a line of business or staff agency, to
include reviewing work papers and delivering audit team end of
Manages engagement-related efforts and assignments of staff with
varying degrees of expertise and experience when conducting
engagements, specialized audits or highly complex business audits
recognizing the cross-matrixing and cross-functionality within the
specialized functions/business areas.
Accountable for quality with final signoff of work papers;
proposes and/or approves updates to the universe risk assessment of
the entity based on audit results.
Provides coaching and guidance to other auditors ensuring
timeliness and quality of audit engagement deliverables.
Proactively identifies control weaknesses and opportunities for
improvement in the current operating environment providing
recommendations for corrective action. Drafts the related audit
issues and audit reports for issuance to respective client
leadership conducting follow-up activities.
Builds and enhances client relationships across the organization
helping to drive strategic objectives with the business.
Communicates with business/clients to include delivering both
risk-based and difficult messages. May be asked to communicate with
regulators and executive leaders.
Influences business and clients across the enterprise regarding
effective internal controls and mitigating risks across the full
Bachelor's degree in Business or other relevant field.
4 additional years of related experience beyond minimum required
may be substituted in lieu of a degree.
8 or more years of audit or related business experience.
OR relevant master’s degree with 6 or more years of relevant
Subject matter expert knowledge in Audit theory with
demonstrated experience in one or more of the following areas:
regulatory, Anti-Money Laundering, Global Service Delivery,
compliance, risk, models, IT.
*Qualifications may warrant placement in a different job
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
later and you will not able to change your responses.
Knowledge and experience with FRB, OCC, and FDIC regulatory risk
management requirements and related guidance, including SR 15-18 or
Strong business understanding and working audit experience in
assessing a financial institution’s control environment supporting
the firm's capital planning and Comprehensive Capital Analysis and
Review (CCAR)/ Dodd-Frank Act Stress Test (DFAST) process,
including governance frameworks (e.g. assumptions and overlays),
risk identification, scenario design, loss and revenue forecasting,
capital policy and capital requirements, and associated aggregation
and regulatory reporting. Knowledge and experience of at least one
of the following processes and methodologies used in stress testing
practice: Credit Risk, RWA, Balance Sheet Management, PPNR,
Operational Risk management.
May lead model coverage within integrated line of business
audits to provides an independent assessment of controls over the
key risks that are associated with the use of models for the
purposes of key businesses such as those associated with the use of
models for valuation, risk management, loss forecasting and other
purposes across all businesses.
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.
At USAA our employees enjoy one of the best benefits package in
the business, including a flexible business casual or casual dress
environment, comprehensive medical, dental and vision plans, along
with wellness and wealth building programs. Additionally, our
career path planning and continuing education will assist you with
your professional goals.
USAA also offers a variety of on-site services and conveniences
to help you manage your work and personal life, including seven
cafeterias, two company stores and three fitness centers .
Relocation assistance is not available for this position.
For Internal Candidates:
Must complete 12 months in current position (from date of hire
or date of placement), or must have manager’s approval prior to
Last day for internal candidates to apply to the opening is
10/05/20 by 11:59 pm CST time .