Bank Credit Risk Analyst Senior ID-19267

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.

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The Opportunity

As a dedicated Credit Risk Analyst Senior, you will use quantitative methods to identify credit risk, develop and deliver credit strategies, and monitor credit performance for consumer credit portfolios to optimize profitable growth within risk appetite. Owns mitigation of operational and compliance risk inherent in credit strategy. Tracks and monitors internal and external factors impacting credit strategy performance for bank portfolio products.

This position can work remotely in the continental U.S. with occasional business travel.

What you'll do:

  • Applies industry leading practices and analytical skills to identify risks and opportunities within the managed portfolio and translates results into strategic solutions with the delivery of credit risk strategies.

  • Applies critical thinking skills to synthesize analyses, identify root causes, and develop clear and concise recommendations to drive credit risk strategy development and influence senior decision makers.

  • Partners to deliver Bank credit risk strategies across lines of defense by effectively developing and improving sophisticated analytical frameworks, analyzing data and processes, and clearly presenting insights/recommendations to key collaborators and leadership.

  • Analyzes internal and external scores/data for use in identifying first party fraud.

  • Applies industry knowledge and driven benchmarking to advise credit strategy development.

  • Uses sophisticated and multifaceted quantitative analysis based upon internal and external data sources to bring structure and transparency to ambiguous and ambitious problems.

  • Develops, leads, and presents comprehensive risk and financial reporting in support of senior management and committee oversight of existing and emerging risks and escalates the quality and direction of credit performance to appropriate levels of management.

  • Designs and performs sophisticated financial risk sensitivity analysis.

  • Creates and manages credit strategy infrastructure and ensures credit strategies are implemented as intended.

  • Applies expert programming and analytical techniques to analyze credit data.

  • Provides thought leadership, coaching, and mentoring to team members regarding analytics and risk management.

  • Collaborates with key stakeholders to guide & facilitate teams in the development and implementation of key initiatives.

  • Utilizes analytically derived insights to develop strategic plans with significant impact to business results.

  • Coaches and mentors’ other analysts and acts as a thought leader within the analyst community.

  • Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

What you have:

  • Bachelor’s Degree in Business Management, Finance, Economics, Engineering, or in a Mathematical discipline; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.

  • 6 years of experience in an analytical field or work focused on leading analytical projects, advanced analytics, risk assessments or bank credit risk data; OR an advanced degree in Business Management, Finance, Economics, Engineering, or in a Mathematical discipline and 4 years of experience in an analytical field or work focused on leading analytical projects, advanced analytics, risk assessments or bank credit risk data.

  • Experience in financial analysis activities to support risk strategy.

  • Strong understanding of banking regulations, risk, and/or compliance.

  • Advanced presentation and communication skills.

  • Advanced business acumen and attention to detail and accuracy.

  • Advanced research and investigation skills and demonstrated good judgement in problem solving.

  • Advanced knowledge of Microsoft Office products, particularly Excel, Word, and PowerPoint.

  • Advanced knowledge of data analysis tools including skills to develop analysis queries and procedures in SQL, SAS, or other business intelligence and analysis software applications for data segmentation, aggregation, and statistics (E.g., SPS or Visual Basic).

  • Knowledge of federal laws, rules, regulations, and applicable guidance to include: FCRA, Reg B, UDAAP/UDAP, OCC Heightened Standards, OCC CREDIT RISK GUIDANCE.

What sets you apart:

  • Experience with Unsecured Personal Loan origination credit strategy, or valuation (NPV) model for consumer lending products.

  • 6+ years of experience with Python, SAS, or SQL to assemble and analyze data, including aggregation from multiple sources, working with different grains of data, identifying, and resolving anomalies, and using sophisticated joins to prepare data for analysis.

  • 6+ years of experience of credit risk management and analytical projects for consumer lending products, preferably with experience in data driven strategy creation and decision making.

  • Experience working with cross functional partners and key collaborators to build consensus and drive initiatives.

  • Strong written and verbal communication skills with ability to translate analysis results into clear insights and actions.

  • US military experience through military service or a military spouse/domestic partner

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