Seriously, see a TON of positions posted all the time in risk, generally @ director level. what's the deal?
Is it turnover; new positions?
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Following the consent order, USAA has some major deficiencies in its banking unit. The biggest parts USAA is lacking in is modern software for compliance and risk analysis, that are deemed insufficient by regulators.
This is what happens when you spend decades refusing to adapt and read the writing on the wall.
Turnover is probably high because the banking unit is in utter chaos with procedure changes and employee shuffling.
After getting fined millions they are really covering their proverbial butts it is understandable, but reactive when it should have been proactive.
As for the turnover thing, I know a vp personally that has departed for another opp. There is other movement as well over there that is suspect.
Still keeping an eye out though. Local bank, Frost, just let go of some employees. Wondering if these guys will follow suit.
anyone? Currently at a larger bank and just want to understand if there's major concerns to watch out for. Don't want to assume the grass is greener.