Quantitative Risk Analyst I
Quantitative Risk Analyst I
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$ 93770 - 179240
1 Vacancy
Job Description
Why USAA
At USAA our mission is to empower our members to achieve financial security through highly competitive products exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA where our core values honesty integrity loyalty and service define how we treat each other and our members. Be part of what truly makes us special and impactful.
The Opportunity
As a Quantitative Risk Analyst I you will be responsible for reviewing and challenging stress testing assumptions and results overseeing Stress Testing Governance leading Reverse Stress Testing working group and developing and maintaining tableau dashboards. The role will also provide risk management support in key risk identification leveraging quantitative and analytical practices to understand risks during Reverse Stress Testing execution. Further responsibilities involve developing quantitative and analytic models assessments and/or applications in support of stress testing oversight.
We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio TX Plano TX Colorado Springs CO Charlotte NC or Tampa FL.
Relocation assistance is not available for this position.
What youll do:
- Applies advanced analytics to assess future risk opportunities and effectiveness and translates results into relevant solutions to improve decision making.
- Assesses and mitigates exposures through the identification of key and emerging risks in alignment with the risk strategy and appetite.
- Applies knowledge to produce analytical material for discussions with multifunctional teams to understand complex business objectives and influence solution strategies.
- Produces and communicates analytical content for governance committees and business process owners to influence business strategies.
- May build statistical reporting and financial analysis to forecast results for required stress test scenarios including analyzing and challenging stress testing results and partnering with relevant functions to validate those results.
- May engage in model validations produce model validation reports measure and aggregate model risks and/or report on model issues to committees auditors and regulators.
What you have:
- Bachelors 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 (8 years total without a degree).
- 4 years related quantitative analysis experience in a subject area relevant to risk management to include statistical analysis modeling mathematics or other quantitative subject area OR advanced degree/designation in Economics Finance Statistics Mathematics Actuarial Sciences or other quantitative subject area and 2 years work experience in a quantitative subject area relevant to risk management. OR PhD in Economics Finance Statistics Mathematics or other quantitative subject area.
- Proven interpersonal skills to prioritize multiple deliverables.
- Understand all federal and state laws and regulatory guidance applicable to the organization and responsibilities of the role.
What sets you apart:
- Experience in large financial institutions ideally in Stress Testing Treasury Finance or Risk management function.
- Exposure to model risk management practices including technical reviews of solutions and partnering with other control functions tasked with ensuring Responsible AI.
- Knowledge of bank products insurance products with experience in loss forecast modeling PPNR modeling Capital Management Reverse Stress Testing scenario design.
- Excellent data analytics and quantitative skills with Python R SQL Tableau Excel to derive patterns trends and insights.
- Strong communication skills presenting information to peers/leadership.
Compensation range: The salary range for this position is: $93770.00 $179240.00.
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.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
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.
Benefits: At USAA our employees enjoy bestinclass 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 visit our benefits page on .
Applications for this position are accepted on an ongoing basis this posting will remain open until the position is filled. Thus interested candidates are encouraged to apply the same day they view this posting.
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.
Required Experience:
IC
Employment Type
Full-Time
