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
Be a key player on a dynamic team that fuels business growth and empowers our members, all while ensuring responsible lending practices. We combine data-driven insights with a collaborative, fun-loving environment to navigate credit risks and unlock opportunities in evolving markets. If you're passionate about credit and enjoy making a tangible impact, join us!
As a dedicated Credit Risk Analyst Senior, you will use quantitative methods to identify credit risk, develop and deliver credit strategies, and monitor credit performance for consumer credit portfolios to optimize profitable growth within risk appetite. Owns mitigation of operational and compliance risk inherent in credit strategy. Tracks and monitors internal and external factors impacting credit strategy performance for bank portfolio products.
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, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL. Relocation assistance is not available for this position.
What you'll do:
Applies industry leading practices and analytical skills to identify risks and opportunities within the managed portfolio and translates results into strategic solutions with the delivery of credit risk strategies.
Applies critical thinking skills to synthesize analyses, identify root causes, and develop clear and concise recommendations to drive credit risk strategy development and influence senior decision makers.
Partners to deliver Bank credit risk strategies across lines of defense by effectively developing and improving sophisticated analytical frameworks, analyzing data and processes, and clearly presenting insights/recommendations to key collaborators and leadership.
Analyzes internal and external scores/data for use in identifying first party fraud.
Applies industry knowledge and driven benchmarking to advise credit strategy development.
Uses sophisticated and multifaceted quantitative analysis based upon internal and external data sources to bring structure and transparency to ambiguous and ambitious problems.
Develops, leads, and presents comprehensive risk and financial reporting in support of senior management and committee oversight of existing and emerging risks and escalates the quality and direction of credit performance to appropriate levels of management.
Designs and performs sophisticated financial risk sensitivity analysis.
Creates and manages credit strategy infrastructure and ensures credit strategies are implemented as intended.
Applies expert programming and analytical techniques to analyze credit data.
Provides thought leadership, coaching, and mentoring to team members regarding analytics and risk management.
Collaborates with key stakeholders to guide & facilitate teams in the development and implementation of key initiatives.
Utilizes analytically derived insights to develop strategic plans with significant impact to business results.
Coaches and mentors’ other analysts and acts as a thought leader within the analyst community.
Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
What you have:
Bachelor’s Degree in Business Management, Finance, Economics, Engineering, or in a Mathematical discipline; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
6 years of experience in an analytical field or work focused on leading analytical projects, advanced analytics, risk assessments or bank credit risk data; OR an advanced degree in Business Management, Finance, Economics, Engineering, or in a Mathematical discipline and 4 years of experience in an analytical field or work focused on leading analytical projects, advanced analytics, risk assessments or bank credit risk data.
Experience in financial analysis activities to support risk strategy.
Strong understanding of banking regulations, risk, and/or compliance.
Advanced presentation and communication skills.
Advanced business acumen and attention to detail and accuracy.
Advanced research and investigation skills and demonstrated good judgement in problem solving.
Advanced knowledge of Microsoft Office products, particularly Excel, Word, and PowerPoint.
Advanced knowledge of data analysis tools including skills to develop analysis queries and procedures in SQL, SAS, or other business intelligence and analysis software applications for data segmentation, aggregation, and statistics (E.g., SPS or Visual Basic).
Knowledge of federal laws, rules, regulations, and applicable guidance to include: FCRA, Reg B, UDAAP/UDAP, OCC Heightened Standards, OCC CREDIT RISK GUIDANCE.
What sets you apart:
Experience with Unsecured Personal Loan origination credit strategy, or valuation (NPV) model for consumer lending products.
6+ years of experience with Python, SAS, or SQL to assemble and analyze data, including aggregation from multiple sources, working with different grains of data, identifying, and resolving anomalies, and using sophisticated joins to prepare data for analysis.
6+ years of experience of credit risk management and analytical projects for consumer lending products, preferably with experience in data driven strategy creation and decision making.
Experience working with cross functional partners and key collaborators to build consensus and drive initiatives.
Strong written and verbal communication skills with ability to translate analysis results into clear insights and actions.
US military experience through military service or a military spouse/domestic partner
Compensation range: The salary range for this position is: $127,310-$243,340.
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 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, visit our benefits page on USAAjobs.com.
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.
