Purpose of Job We are seeking a talented Quantitative Risk
Analyst Senior (Model Governance) for our San Antonio, TX, Plano,
TX, Phoenix, AZ or Tampa, FL facility.
Provides risk management support for the enterprise 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. Applies
diverse methodologies and deep experience in quantitative analytics
to identify and solve complex and/or undefined risk problems.
Monitors the risk and control environment to ensure that exposures
are kept at acceptable levels and may consult on risk mitigation
plans. Works with leadership to remediate gaps and improvements
identified between existing practices and regulatory
The Quantitative Risk Analyst Sr (Model Governance) contributes
to the Enterprise Model Governance team through interaction with
internal and external stakeholders, both verbally and in writing.
Coordinates and responds to regulatory and audit model-related
requirements and requests and ensures the timely execution of work
assignments and problem resolution. Anticipates and identifies
future needs, opportunities and potential solutions. Assists the
Modeling Centers of Excellence with change management programs and
identifies opportunities and potential solutions for Model
Validation-related work. Understands statistical modeling best
practices, complex analytical reporting and can represent the team
in this technical domain. 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.
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 13 years straight. We embrace a
robust veteran workforce and encourage veterans and veteran
spouses to apply.
USAA Careers - Award Winning Workplace (17 seconds)
USAA Careers – World Class Benefits (31 seconds)
Utilizes advanced analytics to assess future risk,
opportunities, and effectiveness and translates results into
meaningful solutions to enhance decision making.
Applies advanced knowledge and industry best practices to
quantify risk and aggregate exposures.
Engages in model validation and produces model validation
Applies innovative and scientific/quantitative analytical
approaches to draw conclusions and make recommendations to answer
business objectives and drive change.
Translates recommendations into communication materials to
effectively present to colleagues for peer review and
Applies advanced knowledge to produce advanced analytical
material for discussions with cross functional teams to understand
complex business objectives and influence solution strategies.
Provides mentorship to other team members in the peer review
Bachelor's degree in Economics, Finance, Statistics,
Mathematics, Actuarial Sciences, or other quantitative discipline
OR 4 additional years of related experience beyond the minimum
required may be substituted in lieu of a degree.
A minimum of 6 years (10 years if no degree) 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 4 years work experience in a
quantitative discipline relevant to risk management; OR PhD in
Economics, Finance, Statistics, Mathematics, or other quantitative
discipline and up to 2 years work experience in a quantitative
discipline relevant to risk management.
*Qualifications may warrant placement in a different job
When you apply for this position, you will be required to answer
some initial questions. This will take approximately 5
minutes. Once you begin the questions you will not be able to
finish them at a later time and you will not be able to change your
Knowledge of Model Risk Management Validation and/or Governance
Experience engaging with Audit Departments and Audit
Strong Understanding of Regulatory Supervisory Guidance on Model
Risk Management SR 11-7 OCC 2011-12
Experience at a large financial institution in a model
development, governance, or validation role.
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 packages 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 not available for this position.
For Internal Candidates:
Must complete 12 months in current position (from date of hire
or date of placement) or must have manager’s approval prior to
Last day for internal candidates to apply to the opening is
10/13/20 by 11:59 pm CST time .