Senior Quantitative Risk Analyst - Investments

The Opportunity

As a dedicated Quantitative Risk Analyst Senior, you will be an important subject matter expert for P&C investment portfolio management risk analysis in the second line of defense.

You will work with treasury, CIO, Enterprise Financial Risk Management, and P&C Leadership to ensure risks are measured, managed and communicated.

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.

Works with Leadership to remediate gaps and improvements identified between existing practices and regulatory requirements.

Seniors and implements complex initiatives and cross functional teams within the Chief Risk Office and across the Enterprise that drive problem resolution.

Leverages broad enterprise knowledge and discernment related to core discipline(s), products and processes.

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

What you'll do :

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 reports.

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 management.

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 process.

What you have :

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.

6 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 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.

What sets you apart :

Broad understanding of financial products and financial risk management

Second line of defense (enterprise risk management) experience in one or more quantitative areas

Experience with Modern Portfolio Theory, Efficient Frontier, and establishing enterprise risk tolerance thresholds with executive management

Experience working with industry Senioring credit risk models (Moody's, Aladdin, etc.)

Familiarity with ISDAs, IMAs and other financial agreements with counterparties and prime brokers

Ability to create insightful visualizations of complex data and communicate findings to senior executives and broad audiences

Excellent communicator, both written and verbal

Critical thinking ability to supplement stress test and scenario analysis independently with critical thinking about the current economic environment.

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

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 : $109,130 - $208,580.

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.