Director, Business Risk and Control Management

The BU Risk and Control Management job ensures the reliability and effectiveness of internal financial controls across the company. Under limited supervision, this job is responsible for approving the testing of financial records, processes and systems as well as the auditing of the recording of transactions. This job also approves and presents reports of findings and recommendations for management.

Key Responsibilities and Duties

• Designs the evaluation and testing of financial records, processes, and systems.
• Approves the auditing of recording of transactions and compliance with applicable laws, agreements, and policies.
• Approves and presents reports of findings and recommendations to management.
• Leads cross-functional implementation of compliance programs including analysis of transaction-level risks in operational areas.
• Evaluates reporting policies and procedures currently in place within the organization to identify gaps and weaknesses.
• Oversees the compilation of various state and federal regulatory agency filings and coordinates quarterly and annual statement mailings.
• 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

• 5 Years Required; 7 Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
8IC

• Experience with risk and control processes of a national trust bank.
• Five years of experience in a trust risk or compliance role.
• Strong communication skills, both written and oral.
• Experience in interacting with internal audit, risk, compliance, and Office of the Comptroller of the Currency (OCC) regulators.
• Experience in reviewing and drafting procedures and controls.

Related Skills

Business Process Improvement, Business Process Understanding, Commercial Acumen, Communication, Compliance, Continuous Improvement Mindset, Detail-Oriented, General Risk Management, Influence, Relationship Management, Risk Mitigation, Risk Monitoring

Anticipated Posting End Date:

2024-08-26

Base Pay Range: $90,900/yr. - $156,600/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). 

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Company Overview

TIAA is the leading provider of financial services in the academic, research, medical, cultural and government fields. We offer a wide range of financial solutions, including investing, banking, advice and education, and retirement services.

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 emplo