USAA has named Brian Goldman (pictured above) as its new chief risk officer, effective May 27. Goldman has close to 30 years of experience in financial services, with a background in developing and leading risk management frameworks for large and complex organizations.
Goldman most recently served as chief risk officer at Comerica Bank, where he oversaw a broad transformation of the institution’s risk function. His responsibilities included strengthening regulatory relationships and integrating risk strategy with business goals.
Before his role at Comerica, Goldman held senior positions at Goldman Sachs, managing risk and operations across the US and Japan. He later joined Citibank, where he worked in operational risk and was responsible for governance and control oversight across multiple business lines.
Goldman holds a degree from Rutgers University. He also has a personal connection to the military community through his grandfather, who served under Gen. George S. Patton during World War II.
USAA said that Goldman will lead the company’s efforts to advance its risk management framework and align those efforts with its strategic objectives.
Juan C. Andrade, president and CEO of USAA, said Goldman’s background in risk leadership will support the company’s focus.
“He is the right leader to enhance our risk management culture, which is essential to safeguarding our members’ financial well-being, driving sustainable economics and delivering lasting value to members,” Andrade said.
Goldman’s appointment follows a strong year for USAA, with its 2024 annual reporting citing record growth in membership and a strengthened financial position.
The insurer added 1 million new members in the previous year, as well as reporting a net income of $3.9 billion. Net worth rose 10% from 2023 to $32.1 billion, while total revenue increased 14% to $48.6 billion. Total assets reached $221 billion, a 4% increase driven in part by investment performance.
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