Topics regarding layoffs at USAA

Topics regarding layoffs at USAA

Full RTO is coming

Be prepared it will be 5 days and for those who don’t like it you will be worked out. Juan is for full RTO

Disastrous Fraud Org

The Fraud org structure is one that has never been seen at a healthy company - it’s incredibly top heavy with almost every IC being a Senior or Lead. The leadership is all over the place and as someone who partners with Fraud, not even the people... — read more 

Consent Order - impacting staffing?

Has anyone heard if they will be getting rid of any of the consent order problem causers? I guess some are gone but it feels like major changes are needed. Any talks about hiring requirements coming out of consent order? It might be still too... — read more 

Consent Order - READ IT

I know they’ve tried to spin this to try to find “the silver lining” No such thing! Cease & Desist is NEVER good https://www.occ.gov/static/enforcement-actions/eaAA-ENF-2024-96.pdf We are in deep do---o because Wayne & Amala are AWOL! Amala... — read more 

Titanic going down

There are troubling rumors that key VPs are leaving USAA, with one from the CTXO Platform and another from CTXO Architecture. It’s hardly a good sign when high-level executives start to abandon ship. Yet, the CEO and EMG continue to brag about USAA... — read more 

Annual Bonus

Does anyone know if and or when our annual bonus will be paid out?

Juan C. Andrade

Let's predict how long it'll be before it's obvious what a colossal failure this choice is. I say six months.

Another civilian!

Jim Zortman, you should resign immediately!! Picking another civilian to be CEO, have you not learned anything from the past 4.5 years!!

Talking to Ethics/ER Going to Cost Me My Job

I’ve been here for 2 years and taken a lot of s**t. I look the other way when my boss is bullying someone, makes a coworker cry or makes some outrageous claim about how great he is. But this pushed me over the edge: In a 1 on 1, my boss asked me why... — read more 

New CISO

Was this position just filled without a posting? Will B. Has moved on from USAA and now the CISO reports directly to Amala. Why the structure change?

Cheers to the New Year!

The Bank consent order right before the holidays took the wind out of a lot of sails, but hopefully 2025 will be the year to make some progress and become profitable again. Leadership seems confident that there are plans in place and they’ve been... — read more 

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| 1710 views | | 6 replies (last January 4, 2025)
Post ID: @OP+1wfK4MEF

ECIO Closing Issues - Shady

The Chief has determined ECIO has too many issues and now has issued a mandate to close 70% of issues by end of Q1! Doesn’t matter how, just close 70% of issues! Can’t make this stuff up. They are calling it Operation Car Wash. Regulators will have a... — read more 

Frustrated with this leadership

Out of the many places I’ve worked, this is where leadership feels the weakest. There are so many things missing - vision, commitment, and a plan for the future. Without better leaders steering the ship, it’s hard to see how we can do well... — read more 

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| 1490 views | | 6 replies (last January 3, 2025)
Post ID: @OP+1wbs4F02

Layered Lies = Layered Consent Orders

1-USAA hired a ton of compliance professionals from other banks after the USAA 2019 consent order. 2-USAA process owners, advisors, managers, directors, EMGs, and leadership were made aware of compliance issues from 2019 to 2024. 3-This is the... — read more 

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| 1670 views | | 3 replies (last December 26, 2024)
Post ID: @OP+1w8Ddf2F

Yearly Bonus In Jeopardy

The consent order from the OCC is much more damaging then anyone within the EMG is letting on. There are serious discussions about eliminating the yearly bonus for the Bank and other LOBs as well. 2025 is going to be worse than the last 4 years... — read more 

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| 3160 views | | 13 replies (last January 7, 2025)
Post ID: @OP+1w8XxFRc

January NEO

Anyone get info about January NEO travel? Do they really contact you a week before?

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| 1030 views | | 6 replies (last December 22, 2024)
Post ID: @OP+1w3WDLIx

I’m completely demoralized

We are pressured to perform based on unrealistic expectations, and we never get rewarded for the effort. Pay is not exactly something to write home about, while personal investment in terms of time and energy almost never pays off. Advancement... — read more 

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| 1430 views | | 7 replies (last December 23, 2024)
Post ID: @OP+1w2qOxPS

New OCC Consent Order 18 Dec 2024

OCC issued a new cease and desist order for USAA today: https://occ.gov/news-issuances/news-releases/2024/nr-occ-2024-137.html

Congratulations on your retirement?

Did anyone who was part of the 11/22 layoff receive a “congratulations on your retirement” letter in the mail. I did not retire so curious to know why I would receive this letter….with the option to choose a retirement gift. TIA

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| 1340 views | | 5 replies (last December 14, 2024)
Post ID: @OP+1vW4VaA6

I'm finally ready for a fresh start

After a lot of thought, it’s clear this is the right move. The offer I got finally feels worth it. My current job now offers low pay, no growth, and way too much micromanaging. It’s hard to stay motivated when leadership seems more critical than... — read more 

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| 1120 views | | 3 replies (last December 15, 2024)
Post ID: @OP+1vRIUDKx

Short term mistakes add to long term failure

I’d like to take usaa for laying me off and telling me I can apply for banking positions within the company. What they leave out is that you must be in a specific city (usually San Antonio or Phoenix) and if you happen to not live there or want to... — read more 

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| 1160 views | | 4 replies (last December 4, 2024)
Post ID: @OP+1vGfmNBU

New CEO?

What’s the latest scuttlebutt on the CEO search?

Latest round of layoff bullsh-t

I’d like to thank my leader for laying me off just before the holidays. I’d also like to thank him for having postings for my own team that I was cut from and for rejecting my application because I “wasn’t what he was looking for anymore.” Thank... — read more 

Don't stay at USAA more than 5-7 years.

The Company has set its own internal policies to manage its workforce in a way that lets them upgrade their employees after that period of time when they consider you to have outlived your maximum potential to them--usually 5 to 7 years. They don't... — read more 

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| 1080 views | | 4 replies (last December 6, 2024)
Post ID: @OP+1vEthKy5

Pre screen

Does usaa test for THC? Asking for a friend who takes delta 8 to sleep..

RTO Playbook Reminder

With Mr. Peacuck out the door, I think it's time for a fun refresher on how to continue to sabotage, undermine, and conduct guerrilla warfare against RTO for those of us lowly peasants who live within 60 miles of the office. Most of you are already... — read more 

2025 layoffs

Does anyone have confirmation that there are going to be layoffs in Q1? Not just speculation.

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| 2960 views | | 9 replies (last November 26, 2024)
Post ID: @OP+1vx0qecG

Unpopular opinion incoming

We can and should complain about the terrible leadership that takes over across the organization but I say it’s the terrible FTE they also inherit - people stuck in their ways , lack of skillset and energy to make a change , no real compliance and... — read more 

FMLA SHORT TERM LONG TERM

Can someone breakdown exactly how new people are getting approved to work at home and approved for leave? Doesn't FMLA start after 12 months?

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| 860 views | | 7 replies (last November 21, 2024)
Post ID: @OP+1vpfGFMM

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