USAA Insurance Careers – Executive, Anti-Money Laundering – Bank



The ED, Anti-Money Laundering – Bank is accountable for the Bank’s Anti-Money Laundering operations and related activities for USAA the Federal Savings Bank (“FSB”) and USAA Savings Bank (“USB”) AML/Sanctions risk programs, policies, governance, and controls. This role is expected to monitor and measure the effectiveness of our AML risk management framework, ensure Bank operations meet AML/Sanctions regulatory requirements, and drive continued process enhancement(s).

The Opportunity

  • Identifies and manages existing and emerging risks that stem from business activities and the job role
  • Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled
  • Follows written risk and compliance policies, standards, and procedures for business activities
  • Develops and oversees the implementation and execution of AML operating strategies, polices, and procedures aimed at compliance with regulator expectations regarding all AML activities for multiple products and lines of business within the Bank
  • Responsible for the execution of AML risk, compliance, and control issues and implements actions for mitigation to potential risk issues and business impact across the Bank
  • Provides executive oversight on complex Bank AML strategy development, projects, programs, and AML operational planning
  • Prepares and conducts program briefings to all levels of management
  • Collaborates with key resources and stakeholders across all lines of defense to influence decisions and drive work that effects Bank AML teams
  • Stays abreast of current market economic conditions, industry and regulatory development and trends, and competitors
  • Applies that knowledge to develop and implement operational strategies and make recommendations to senior leaders.
  • Applies AML subject matter expert knowledge to lead team members in producing work deliverables in support of departmental initiatives
  • Builds and oversees a team of employees for assigned functional area through ongoing execution of recruiting, development, retention, coaching and support, performance management, and managerial activities
  • Establishes and maintains performance metrics, taking corrective action and directing the implementation of solutions to bring process performance to the next level

Minimum Education

  • Bachelor’s degree; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree

Minimum Experience

  • 10 or more years progressive experience in a relevant Bank Secrecy Act (BSA)/Anti-Money Laundering (AML)/ Office of Foreign Assets Control (OFAC) area supporting financial services and/or banking related products
  • 4 or more years of people leadership experience in building, managing and/or developing high-performing teams
  • Extensive experience in compliance of Federal Banking Laws and Regulations such as OCC Heightened Standards, Fair Lending Laws, Bank Secrecy Act (BSA), Anti-Money Laundering, and Global Sanctions regulatory requirements
  • Deep understanding of the Three Lines of Defense (3LOD) model; risk taking, risk oversight, and risk assurance within a banking sector
  • Extensive knowledge, understanding and application of risk management and compliance framework and guidelines

Preferred Qualifications

  • Demonstrated experience leading and overseeing teams responsible for exam management, issues management, control testing, RCSA and PRCI
  • Demonstrated experience successfully working directly with federal regulators, internal audit and internal testing teams
  • Demonstrated experience working with and or leading Third Party Risk Management teams or processes


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: $155,700 – $282,600

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

Long Term Incentive Plan:

Cash payment for Executives only representing a cash payment which is both time and performance based


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.

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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.

Job Details:

Company: USAA

Job Type: Full Time

Job Location: San Antonio, TX

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