Quantitative Risk Analyst Senior - Bank Risk Insights & Analytics

Why USAA?

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 Bank Risk Management Risk Insights team is looking for a very hardworking and motivated Senior Quantitative Risk Analyst to provide risk insights to be used in reporting to the Boards of Directors and senior management committees. The ideal candidate will have a strong background in risk and financial analysis to produce forward looking insights. Analytical expertise within areas such as financial or credit risk is preferred.

USAA values a culture that is highly collaborative, and we have found that a hybrid work type helps employees gain the best of both worlds – collaborating in-person in the office and working from home. The actual onsite days are settled between each employee and the employee’s manager. Candidates are encouraged to live a commutable distance from one of our offices in San Antonio, TX; Plano, TX; Phoenix, AZ; Tampa, FL; Chesapeake, VA; Colorado Springs, CO or Charlotte, NC.

What you'll do:

• Utilizes advanced analytics to assess future risk, opportunities, and effectiveness and translates results into meaningful solutions to enhance decision making.
• Applies advanced knowledge and industry best practices to quantify risk and aggregate exposures.
• Engages in model validation and produces model validation reports. 
• Applies innovative and scientific/quantitative analytical approaches to draw conclusions and make recommendations to answer business objectives and drive change.
• Translates recommendations into communication materials to effectively present to colleagues for peer review and management.
• Applies advanced knowledge to produce advanced analytical material for discussions with cross functional teams to understand complex business objectives and influence solution strategies.
• Provides mentorship to other team members in the peer review process

What you have:

• Bachelor’s degree; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
• 6 years related quantitative analysis experience in a discipline relevant to risk management to include statistical analysis, modeling, mathematics or other quantitative discipline.
• OR advanced degree/designation in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative discipline and 4 years work experience in a quantitative discipline relevant to risk management.
• OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative discipline and up to 2 years work experience in a quantitative discipline relevant to risk management.

What sets you apart:

• Experience evaluating results to produce analytical material for discussions with cross functional teams to understand risk exposure and influence strategies
• 6 years banking experience, specifically in finance or credit risk
• Experience developing clear and concise written analysis and communicating conclusions / findings to senior management and Board committees
• Experience aggregating and analyzing various types of information across the risk taxonomy with output to executive level presentations
• Direct experience in risk measurement and assessment (Risk Appetite, KRIs) for complex financial institution with knowledge across risk taxonomy

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: $104,660 - $199,970.

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.

Relocation assistance is not available for this position.

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.

Salary : $104,660 - $199,970