Business Risk Oversight Analyst

Business Risk and Controls Analyst

The Business Risk and Controls Analyst focuses on determining the reliability and effectiveness of internal financial controls across the company. Working under general supervision, this job is responsible for testing financial records, processes and systems, auditing the recording of transactions and preparing reports of findings and recommendations for management.

Key Responsibilities and Duties

• Monitors, evaluates, and tests financial records, processes, and systems.
• Audits recording of transactions and compliance with applicable laws, agreements, and policies.
• Prepares reports of findings and recommendations to management.
• Supports cross-functional implementation of compliance programs including analysis of transaction-level risks in operational areas.
• Drafts documentation of business processes, risks and controls.
• Analyzes policies and procedures currently in place within the organization to identify gaps and weaknesses.
• Communicates new or revised policies, procedures, processes and related documents to appropriate team members and/or business units.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 2+ Years Required; 3+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level

6IC

Qualifications:

• 2+ years of Banking and/or Quality Control Audit experience
• Intermediate knowledge and use of Excel and PowerPoint

Preferred Qualifications:

• 3+ years of Banking and/or Quality Control Audit experience
• Familiarity with Banking Regulations UDAP, Sales Practice, or Reg E
• SQL or Database Experience
• Ability to analyze and present data

Base Pay Range: $49,600/yr. - $82,700/yr.

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

Company Overview

TIAA Bank, a division of TIAA, FSB, provides nationwide banking services to consumer and commercial clients through a variety of channels, including online and mobile applications, as well as its Florida-based financial centers.

TIAA has entered into a definitive agreement to sell TIAA Bank to new investors with extensive experience in financial services, as part of the company's strategy to refocus on its core retirement business and Nuveen, the company's asset manager. When the transaction is complete, in 2023, TIAA will retain a non-controlling stake in the bank, demonstrating the company's confidence in the bank's future success.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That's why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Read more about the Equal Opportunity Law here.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: [email protected]

Privacy Notices

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