Director, Risk Management - Payments/Digital

Why USAA

At USAA our mission is to empower our members to achieve financial security through highly competitive products exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.

Embrace a fulfilling career at USAA where our core values honesty integrity loyalty and service define how we treat each other and our members. Be part of what truly makes us special and impactful.

The Opportunity

We are looking for a Director Risk Management focusing on Second Line oversight of the payments business lines.

Accountable for the development and mentoring of a high performing team in support of the improvement 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.

We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio TX Plano TX Phoenix AZ Colorado Springs CO Charlotte NC Chesapeake VA or Tampa FL. Relocation assistance is not available for this position.

What youll do:

• 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.

What you have:

• Bachelors 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 proven 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.

What sets you apart:

• Payments Industry Expertise: A deep understanding of payments networks (e.g. ACH Wires Zelle Cards) and reconciliation practices.
• Payments Regulatory and Standard Knowledge: Familiarity with banking regulations and industry standards associated with payment systems including relevant frameworks.
• Leadership Team Management & Collaboration: Proven track record to lead and motivate a team build relationships work effectively with cross-functional teams and external partners and foster a risk-aware culture.
• US military experience through military service or a military spouse/domestic partner

Compensation range: The salary range for this position is: $143320 - $273930

USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e. H-1B TN STEM OPT Training Plans etc.).

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 data of the position. The actual salary for this role may vary by location.

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

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.

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.

For more details on our outstanding benefits visit our benefits page on .

Applications for this position are accepted on an ongoing basis this posting will remain open until the position is filled. Thus interested candidates are encouraged to apply the same day they view this posting.

USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or status as a protected veteran.