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Quantitative Risk Analyst Senior, Bank
- San Antonio Home Office II/III
- Phoenix Campus (Main)
- Chesapeake
- Charlotte, NC – CENTS
- Tampa Campus
- Colorado Springs Campus
- Tampa Crosstown
- Plano Legacy
- Full time
- R0087530
Why USAA?
Let’s do something that really matters.
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
We are seeking a dedicated Quantitative Risk Analyst for our Bank to provide risk management support for a line of business or staff agency in key risk identification, measurement and aggregation, and the understanding and management of risk through appropriate quantitative and analytical practices and processes. This position can be based in one of our following office locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Tampa, FL, Colorado Springs, CO, Charlotte, NC or work remotely in the continental U.S. with occasional business travel.
You will own the process to aggregate data from internal sources, produce reports within production on a reoccurring basis and summarize results in a consumable format under bank risk operations.
What you’ll do:
- Apply advanced analytics to assess future risk, opportunities, and effectiveness and translates results into substantial solutions to enhance decision making.
- Apply advanced knowledge and industry standard methodologies to quantify risk and aggregate exposures.
- Engage in model validation and produces model validation reports.
- Apply innovative and scientific/quantitative analytical approaches to draw conclusions and make recommendations to inspire change.
- Translate recommendations into communication materials to effectively present to colleagues for peer review and management.
- Produce advanced analytical material for discussions with cross functional teams to understand complex business objectives and influence solution strategies.
- Provide mentorship to other team members in the peer review process.
What you have:
- Bachelor’s degree in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative field OR 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
- Minimum 6 years’ related quantitative analysis experience a field in relevant to risk management to include statistical analysis, modeling, mathematics or other quantitative field OR advanced degree/designation in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative field and 4 years work experience in a quantitative field relevant to risk management OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative field and up to 2 years work experience in a quantitative field relevant to risk management.
- Knowledge of federal regulation 12 CFR Part 30, including Appendices A and D and with federal supervisory guidance, to include:
- OCC Documents: Large Bank Supervision Handbook; OCC Safety and Soundness Handbooks – Internal Controls, Corporate & Risk Governance, Retail Lending; and key OCC bulletins – Model Risk Governance, Model Risk Management, New Products and Services Risk Management, Third Party Risk Management, Technology Risk Management, Stress Testing, and Operational Risk
- Federal Reserve Documents: Consolidated Supervision Framework for Large Financial Institutions; Federal Reserve Board Bank Holding Company Supervision Manual
- FFIEC Manuals and Handbooks to include: Banking
- General understanding of federal laws, rules, and regulations, to include: CRA; ECOA; FCRA; MLA; SCRA; Regulation DD; Regulation E; Regulation Z; BSA/AML and UDAP/UDAAP
What sets you apart:
- Subject matter expert on Bank Risk data, metrics, reports, and associated processes.
- Experience using statistical computer languages (R, Python, SLQ, etc.) to manipulate data and draw insights from large data sets.
- Data visualization and presentation, via SAS, Tableau, Excel, PowerPoint
- Intellectual curiosity
- Resourcefulness
- Collaboration tools. Examples: SharePoint, Confluence, Git.
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: $104,660.00 – $188,320.00.
Employees may be eligible for pay incentives based on overall corporate and inidual 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.