Purpose of Job
Our Credit Risk Analytics team supports, enables, and solutions the data and analytics needs of the Top & Emerging Risk. This outstanding opportunity will enable the Credit Risk professional to collaborate with others across business divisions, risk management, and the USAA Enterprise in the translation of business needs into credit risk requirements and the fulfillment thereof.
The credit risk analytics manager senior will:
- Produce macroeconomic reporting and insights related to retail credit risk
- Identify and analyze emerging risks across USAA's retail credit portfolio
- Provide support to the Top & Emerging Risk team through an independent and robust Data Analytics program including:
o Data acquisition
o Data preparation
o Data wrangling
- Analyze macro model results and ensure compliance with model governance standards, including model validation support
- Analyze drivers, model monitoring, effective communication, and developing materials for quarterly reviews conducted with senior management.
- Collaborate with other analysts on the team to understand their data needs, provide solutions, and prepare presentation materials for Working Group, Committees and the Board
Manages quantitative credit/behavioral/financial analytics or predictive modeling to assess risks and opportunities and provides recommendations for Bank consumer portfolios. Provides effective challenge for risk and strategy proposals.
This position is offered as Hybrid out of one our main HUB's; Phoenix AZ, San Antonio TX, Plano TX, Colorado Springs Co, Charlotte NC, and Tampa FL
Job Requirements
About USAA
USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level.
Primary Responsibilities:
Applies industry leading practices and analytical rigor to manage and assess risks and opportunities across the Bank's consumer portfolios and translates results into strategic solutions.
Partners to deliver on Bank strategies across lines of defense by effectively developing and improving complex analytical frameworks, analyzing data and processes, and clearly communicating information and insights to key stakeholders and leadership.
Applies industry knowledge to develop advanced and nuanced quantitative analysis utilizing extensive internal and external data sources to bring structure and clarity to ambiguous and challenging problems.
Challenges risk proposals in designated risk area of credit, market, operations, product, or strategic,,) through detailed research and vetting, leveraging banking product, regulatory and industry knowledge, and critical thinking skills to ensure strong portfolio performance outcomes.
Designs, builds, and may assist in maintaining effective risk management frameworks that enable identification, measurement, and mitigation of risk in a complex environment.
Develops and oversees comprehensive risk reporting in support of management and committee oversight of existing and emerging risks.
Designs complex financial risk sensitivity analysis.
Provides thought leadership, coaching, and mentoring to team members regarding analytics and risk management.
May execute or implement advanced credit and/or financial modeling infrastructure.
Minimum Requirements:
Bachelor's degree or 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree
6 years experience in an analytical field or work focused on leading risk management execution, assessments or advanced analytics OR 4 years experience in an analytical field or focused on risk management execution, analytics or risk assessments with an advanced degree in a quantitative, scientific, engineering, business or technical field OR an equivalent level of demonstrated competencies in industry leading risk management execution, advanced analytics, and risk assessments.
2 years prior analytical experience in a financial services or highly regulated environment.
Experience delivering cross functional action plans by communicating complex analytical insights and compelling risk mitigating solutions.
Experience developing and maintaining analytical reporting.
Experience applying critical thinking skills to support successful performance outcomes.
Demonstrated awareness of relevant laws, rules and regulations, such as guidance and requirements associated with OCC Heightened Standards
Strong knowledge of current analytical coding languages such as Python, SAS, or SQL.
Preferred Experience:
Knowledge of emerging risk credit trends, combining quantitative and qualitative methods
Excellent verbal and written communication and interpersonal skills required with ability to present complex and critical issues to management
Strong understanding of machine learning methodologies and use cases desirable
Have a strong understanding the following tools: SAS, Python, R, or PY Spark
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 position. The salary range for this position is: $88,200.00 - $158,900.00 *(this does not include geographic differential it may be applied based on your work location)
Employees may be eligible for pay incentives based on overall corporate and individual performance or 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.
Please click on the link below for more details.
USAA Total Rewards (https://hrportal.ehr.com/usaa/Prospective-Employees)
Relocation assistance is NOT available for this position.
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.
