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
As a dedicated Asset Liability Management Advisor I , you will work with the Bank ALM team in USAA's Chief Financial Office. They will work to refresh ALM methodologies and assumptions used for interest rate risk, funds transfer pricing, stress testing, and liquidity.
We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position will be based in our Charlotte, NC location.
Relocation assistance is not available for this position.
What you'll do:
Measures, monitors, and controls interest rate exposures at the enterprise and/or divisional level.
Serves as a key contributor in the design, implementation, and management of USAA's Interest Rate Risk program, including related analysis, management, planning and reporting.
Represents ALM Team in collaboration with others, including Line of Business Interest Rate Risk Managers, Senior Financial Officers, Financial Planning & Analysis, External Reporting, Controllers, Project Management, and Risk Management in various discussions to include economic drivers and interest rate risks.
Develops and manages analytical models to explain the change in values of assets and liabilities. Communicates findings and makes recommendations to internal leadership for possible action.
Provides attribution and sensitivity analyses for all inputs and assumptions that may drive gains or losses.
Ensures all assumptions and inputs for interest rate risk modeling are consistently applied across the enterprise.
Performs model governance activities consistent with best practices and regulatory requirements.
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 Finance, Mathematics, Actuarial Science, Economics, Computer Science, or a related field required; OR 4 additional years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
4 years of experience in a corporate treasury, investment or finance, OR an advanced degree or CFA and 2 years experience in a corporate treasury, investment or finance.
Proficient mathematical skills and working knowledge as they relate to modeling and valuation of fixed income instruments and/or derivatives.
Proficient knowledge of Microsoft Office products including Excel, Word and PowerPoint.
Understanding of applicable regulatory requirements that may include OCC, FDIC, NAIC, Basel III, ORSA and the Federal Reserve's regulations.
What sets you apart:
Experience working with BancWare software
US military experience through military service or a military spouse/domestic partner.
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: $89,990 - $172,000 .
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.
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.
If you are an existing USAA employee, please use the internal career site in OneSource to apply.
Please do not type your first and last name in all caps.
Find your purpose. Join our mission.
USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.
USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself - you just need to share our passion for serving our more than 13 million members.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
