USAA
Quantitative Risk Analyst I (mid-level)-Remote
This job is now closed
Job Description
- Req#: R0101915
- Applies 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.
- Bachelor's degree in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative subject area. and 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
- 4 years related quantitative analysis experience in a subject area relevant to risk management to include statistical analysis, modeling, mathematics or other quantitative field.
- OR advanced degree/designation in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative subject area and 2 years work experience in a quantitative field relevant to risk management.
- OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative field.
- Proficiency in python (NumPy, pandas), SQL, Excel, and data visualization
- Ability to automate recurring oversight tasks / responsibilities
- Progress towards CFA or FRM designations
- Well organized with strong communication skills
- US military experience through military service or a military spouse/domestic partner [optional]
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!
This position will report to the Director - Quantitative Risk Management, Enterprise Market and Interest Rate Risk within the second line of defense ERM team. In this role, the QRA will support the following projects and processes:
1. Risk reporting,
2. Investment risk limit oversight,
3. Data management,
4. Risk presentations.
This position can work remotely in the continental U.S. with occasional business travel.The Opportunity
What you'll do:
What you have:
What sets you apart:
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.
About the company
The United Services Automobile Association (USAA) is a San Antonio-based Fortune 500 diversified financial services group of companies including a Texas Department of Insurance-regulated reciprocal inter-insurance exchange and subsidiaries offering banking, investing, and insurance to people and families who serve, or served, in the United States Armed Forces. Since 1922, USAA has served the military community and their families.