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ERC Risk Development Rotational Program
ERC Risk Development Rotational Program-April 2024
San Antonio
Apr 4, 2025
ABOUT USAA
USAA is a private Fortune 150 financial services company that provides banking, insurance, and investment to the military community.
10,000+ employees
Financial Services, Insurance
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About ERC Risk Development Rotational Program

  Why USAA?

  Job Description Summary

  Let’s do something that really matters.

  At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. Not all of our employees served in our nation’s military, but we all share in the mission to give back to those who did. We’re working as one to build a great experience and make a real impact for our members.

  We believe in our core values of honesty, integrity, loyalty and service. They’re what guides everything we do – from how we treat our members to how we treat each other. Come be a part of what makes us so special!

  The Opportunity

  The Enterprise Risk and Compliance (ERC) Risk Development Program is designed to develop entry-level talent to be the future generation of risk and compliance professionals through meaningful projects and team assignments, senior leader exposure, and professional development opportunities within ERC at USAA. This program is a 2-year rotational program where participants will rotate through a series of challenging and unique assignments. Each assignment will be approximately eight months in length but may vary based on division and business needs. Throughout the rotation, participants can expect to enhance their business and risk and compliance acumen, leadership skills, gain exposure to key ERC areas and disciplines, interact with executive leaders, and receive frequent developmental feedback. The Risk Development Program is open to higher-education graduates who possess strategic and critical thinking, data and analytics, risk acumen and demonstrate leadership potential. To qualify, you must be pursuing a Master’s degree or higher from an accredited college or university. Eligible candidates must have a graduation timeframe between December 2021 and December 2023.

  We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position will be based in San Antonio, TX.

  What you'll do:

  The program participants will have responsibilities that may include but are not limited to:

  Partners with key collaborators in the business to identify, assess, aggregate and document risks and controls, including risks associated with new or modified products, services, distribution channels, regulations and third-party operations using maturing knowledge

  Assists in communicating results of risk assessments to governance committees, business process owners and various levels of leadership

  Supports the implementation of new risk policies, practices, appetites and solutions to ensure complete understanding and management of risks according to industry best practice

  Supports processes that focus on improving strategies, tools, and methodologies to measure, monitor, and report risks

  Applies maturing knowledge to participate in producing analytical material for discussions with cross functional teams to understand business objectives and influence solution strategies

  Contributes in cross-functional teams to identify, assess, aggregate and mitigate current and emerging risk events

  Assists in the formulation of stress test plans for a line of business or the enterprise including the evaluation of results and framing of contingency plans in partnership with key business collaborators

  What you have:

  Eligible candidates must have a graduation timeframe between December 2021 and December 2023.

  Our 2024 program begins April 8, 2024.

  Pursuing a Bachelor's degree or higher in Risk Management, Business, Finance or a related field

  Foundational knowledge of risk management principles, tools and application systems

  Foundational knowledge of data analysis tools and techniques

  Effective written, communication, presentation and computer skills including working knowledge of Microsoft Office products, especially Microsoft Excel

  Experience presenting and explaining information in a simple and user-friendly way

  Solid analytical, critical thinking, problem solving and planning skills

  What sets you apart:

  Pursuing a Master’s degree or higher in Risk Management, Business, Finance, Economics, Data Analytics, or related field (graduation date must be between December 2021 and December 2023)

  Up to 2 years of related experience conducting financial/accounting research and producing reports

  Previous experience in the finance or insurance industry

  Previous experience in risk management or compliance

  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.

  What we offer:

  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. The salary range for this position is: $74,000 - $88,000 .

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

  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, please visit our benefits page on USAAjobs.com.

  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.

  If you are an existing USAA employee, please use the internal career site in OneSource to apply.

  Please do not type your first and last name in all caps.

  Find your purpose. Join our mission.

  USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.

  USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself – you just need to share our passion for serving our more than 13 million members.

  USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.

  USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.

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