Quantitative Risk Analyst

Position: Quantitative Risk Analyst I
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.

We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.

The Opportunity As a Mid-Level Quantitative Risk Analyst, you will provide analytical and risk management support focused on identifying, measuring, monitoring, and assessing risks that could impact the organization’s strategic objectives. You will analyze complex data, identify emerging risks and trends, develop quantitative assessments and risk metrics, and evaluate potential gaps or exposures within existing and proposed business  this role, you will use analytical tools such as SQL, Python, Excel, Power BI, or Tableau to develop insights, dashboards, and key risk indicators (KRIs) that help monitor changes in the risk environment.

You will partner with business and risk stakeholders to assess potential impacts, support risk mitigation efforts, and translate quantitative findings into clear, actionable insights and recommendations for leadership.

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, or Charlotte, NC Relocation assistance is not available for this position.

What you'll do:

Utilizes advanced analytics to assess future risk, opportunities, and effectiveness and translates results into meaningful solutions to enhance 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 cross functional teams to understand complex business objectives and influence solution strategies.

Produces and communicates analytical content for discussions with cross functional teams, governance committees and business process owners to influence business strategies.

May create 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:

Bachelor's degree in Economics, Finance, Statistics, Mathematics, Engineering, Actuarial Sciences, or quantitative field; OR 4 years of relevant education and/or experience.

Experiences that will support your success:

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 2 years work experience in a quantitative discipline relevant to risk management.

OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative discipline.

What sets you apart:

Ability to apply quantitative risk expertise within the broader context of insurance and banking operations, leveraging an understanding of customer behaviors, products, distribution channels, and…