Quantitative Risk Analyst - Junior Level

Company: USAA
Location: Garland
Posted on: March 25, 2020

Job Description:

Purpose of Job"We are seeking Junior Level Quantitative Analysts of various, specific banking skill sets to join our organization in multiple locations. High demand skill sets include Credit, Model Risk, and Risk Reporting & Automation, among others. Locations include San Antonio, Plano, Phoenix or Remote.

Provides risk management support for a line of business or staff agency in key risk identification, measurement and aggregation, and the understanding and management of risk through appropriate quantitative and analytical practices and processes. Conducts and develops quantitative and analytic models, assessments and/or applications in support of risk management efforts that assess the market and identify risks and gaps in existing or proposed processes. Monitors the risk and control environment to ensure that exposures are kept at acceptable levels and may consult on risk mitigation plans."Job RequirementsABOUT USAAUSAA 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.In each of the past five years, we've been a top-40 Fortune 100 Best Companies to Work For , and we've ranked among Victory Media's Top 10 Military Friendly Employers for 13 years straight. We embrace a robust veteran workforce and encourage veterans and veteran spouses to apply.ABOUT USAA RISK ManagementUSAA is a growing financial services company and the Risk Management function at USAA is an important part of this growth. It is an exciting time at USAA and in our Risk Management organization. We are a diversified team of Risk professionals, working across all lines of business across USAA operations (banking, insurance, investments) seeing the incredible growth first-hand. Working at USAA in Risk Management affords you the ability to be a part of USAA s noble mission on a daily basis. We stand behind our 11 million members who rely on us every day.See what it's like to work for a company where your passion meets our purpose:

• Utilizes analytics to assess future risk, opportunities, and effectiveness.
• May translate results into meaningful solutions to enhance decision making.
• Applies maturing knowledge of industry best practices to quantify risk and aggregate exposures.
• Supports model validation and/or helps produce model validation reports.
• May help translate recommendations into communication materials to effectively present to colleagues for peer review and management.
• Applies maturing knowledge to produce advanced analytical material for discussions with cross functional teams to understand complex business objectives and influence solution strategies.
• Assists with communicating analytical results, findings and solutions to governance committees and business process owners and influences business analysis
• May create statistical reporting and financial analysis to forecast results for required stress test scenarios.Minimum Experience:
  • Bachelor's degree in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative discipline. 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
  • 2 years 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.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.At USAA our employees enjoy one of the best benefits package in the business, including a flexible business casual or casual dress environment, comprehensive medical, dental and vision plans, along with wellness and wealth building programs. Additionally, our career path planning and continuing education will assist you with your professional goals.Relocation assistance is notavailable for this position. Associated topics: business, business analyst, capital, commercial, economy asset, estate, financial analyst, gs 0110 12, valuation, wholesale

Keywords: USAA, Garland , Quantitative Risk Analyst - Junior Level, Professions , Garland, Texas