Regulatory Relations Manager Lead (BSA/AML)

Company: USAA
Location: Pineville
Posted on: January 13, 2022

Job Description:

Purpose of JobWe are seeking a talented Regulatory Relations Manager Lead (BSA/AML) for our San Antonio, TX, Charlotte, NC, Phoenix, AZ, Tampa, FL, or Colorado Springs, CO location. The Regulatory Relations function of the Chief Risk Office of USAA provides a broad range of strategic and tactical management of regulatory agency relationships. Responsibilities include promoting clear and consistent internal and external communications, identifying emerging regulatory issues, and support to management strategy concerning regulatory matters. Regulatory Relations oversees critical regulatory processes including the examination lifecycle, remediation and clearance of examination findings and ad hoc regulatory requests. The position requires recurring interactions with regulators, Lines of Business personnel, risk management, and other partners. Objectives include effective regulatory examination outcomes and the coordination and management of relationships with regulatory agencies. The primary focus of this position is the coordination and quality control of the regulatory examination process, including ensuring appropriate levels of examination preparedness and the quality and timeliness of information provided to regulators.Job RequirementsAbout USAAUSAA 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.Primary Responsibilities: Acts as a trusted adviser to the Business and control functions on regulatory and supervisory developments; and to the regulators on USAA specific developments.Serves as a central resource in developing strategies for the execution of regulatory exams and supervisory developmentsImplements industry best practices for regulatory examination management by providing centralized task management and expertise. Develops and communicates insights on USAA-specific regulatory engagement issues, in addition to broader regulatory industry-wide issues/themes.Leads, assembles, and facilitates stakeholder responses to questions and information requests received from regulators, ensuring timely delivery and escalating when needed. Ensures quality assurance is performed on stakeholder responses ensuring completeness and accuracy before submitting responses to regulators. Serves as a resource to team members on escalated issues.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 at a later time and you will not be able to change your responses.Minimum Requirements:Bachelor's degree required OR 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.8 or more years relevant work experience (such as regulatory interactions, risk management policies and frameworks) to include serving as a regulator or interfacing with regulators.Demonstrated experience working in a highly regulated environment.Advanced knowledge of laws and regulations applicable to large financial institutions (e.g. OCC Heightened Standards, FFIEC Handbooks and Guidance)Expert knowledge of relevant industry regulations and risk management with the ability to consult and provide insight and guidance. Demonstrated ability to interface with the most senior leaders to provide effective guidance and regulatory expertise.Demonstrated ability to develop and communicate complex concepts verbally and in writingAdvanced knowledge of Microsoft Office tools to include Word, Excel and PowerPoint.Preferred Experience:8 or more years work experience in banking, preferably at large institutionsExperience as a regulator (OCC, FED, CFPB, FDIC) or in regulatory exam management (or similar work) at a large financial institution with a focus on compliance, risk, or audit exams5 or more years of BSA/AML and OFAC experience with a focus on assessing or providing feedback related to quantity, quality, and direction of risk.Demonstrated project management skills and ability to work successfully in a heavily matrixed environmentSignificant experience with retail banking lending products or with working in compliance, risk, or auditThe 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.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 position. The salary range for this position is: $97,200 - $175,000*( this does not include geographic differential it may be applied based on your work location)Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors.*Geographical Differential: Geographic pay differential is additional pay provided to eligible employees working in locations where market pay levels are above the national average.Shift premium: will be addressed on an individual-basis for applicable roles that are consistently scheduled for non-core hours.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.Please click on the link below for more details.USAA Total RewardsRelocation assistance is not available for this position.

Keywords: USAA, Rock Hill , Regulatory Relations Manager Lead (BSA/AML), Executive , Pineville, South Carolina