Quantitative Risk Analyst I

Why USAA?

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.

Embrace a fulfilling career at USAA, where our core values – honesty, integrity, loyalty and service – define how we treat each other and our members. Be part of what truly makes us special and impactful.

We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.

The Opportunity

As a Mid-Level Quantitative Risk Analyst, you will provide analytical and risk management support focused on identifying, measuring, monitoring, and assessing risks that could impact the organization’s strategic objectives. You will analyze complex data, identify emerging risks and trends, develop quantitative assessments and risk metrics, and evaluate potential gaps or exposures within existing and proposed business processes.

In this role, you will use analytical tools such as SQL, Python, Excel, Power BI, or Tableau to develop insights, dashboards, and key risk indicators (KRIs) that help monitor changes in the risk environment. You will partner with business and risk stakeholders to assess potential impacts, support risk mitigation efforts, and translate quantitative findings into clear, actionable insights and recommendations for leadership.

We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, Plano, TX, or Charlotte, NC

Relocation assistance is not available for this position.

What you'll do:

• Utilizes 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.

What you have:

Bachelor's degree in Economics, Finance, Statistics, Mathematics, Engineering, Actuarial Sciences, or quantitative field; OR 4 years of relevant education and/or experience.

Experiences that will support your success:

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 2 years work experience in a quantitative discipline relevant to risk management.

OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative discipline.

What sets you apart:

Ability to apply quantitative risk expertise within the broader context of insurance and banking operations, leveraging an understanding of customer behaviors, products, distribution channels, and business processes to deliver actionable risk insights.

Ability to synthesize internal and external data sources to assess competitive dynamics, customer behavior trends, and evolving market conditions that impact business performance and risk exposure.

Experience analyzing large or complex data sets to identify trends, emerging risks, patterns, and potential business impacts.

Proficiency with analytical tools such as SQL, Python, Excel, Power BI, or Tableau to analyze data and develop meaningful insights.

Strong communication and critical-thinking skills, with the ability to translate quantitative findings into clear, concise insights and recommendations for business partners and leadership.

US military experience gained through military service or gained as a military spouse / domestic partner

Compensation range: The salary range for this position is: $93,770 - $179,240 .

USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).

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.

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

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.

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, 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.