Risk Analyst II - Development Program

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.

The Opportunity

USAA is seeking talented, entry-level candidates for its Risk Analyst Development Program. This two-year rotational program is designed to cultivate future risk and compliance professionals through challenging assignments, executive leader exposure, and comprehensive professional development opportunities within USAA's risk organization. Participants will rotate through a series of unique assignments, each approximately eight months in duration (subject to business needs), to enhance their business acumen, risk and compliance knowledge, and leadership capabilities. The program provides exposure to key risk areas and disciplines, interaction with executive leadership, and frequent developmental feedback. This program is open to recent higher-education graduates who demonstrate strategic and critical thinking, proficiency in data and analytics, sound risk acumen, and leadership potential. Candidates must be military veterans or military spouses and possess a master’s level degree from an accredited college or university received within the last year or who will be graduating in December 2025.

We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position will be based in San Antonio, TX.

Relocation assistance is not available for this position.

What you'll do :

Partner with key customers in the business to identify, assess, aggregate and document risks and controls, including risks associated with new or modified products, services, distribution channels, regulations and third-party operations using maturing knowledge.

Assist in communicating results of risk assessments to governance committees, business process owners and various levels of leadership.

Support the implementation of new risk policies, practices, appetites and solutions to ensure well-rounded understanding and management of risks according to industry standard process.

Support processes that focus on enhancing strategies, tools, and methodologies to measure, monitor, and report risks.

Apply maturing knowledge to participate in producing analytical material for discussions with cross functional teams to understand business objectives and influence solution strategies.

Contribute in cross-functional teams to identify, assess, aggregate and mitigate current and emerging risk events.

Assist in the formulation of stress test plans for a line of business or the enterprise including the evaluation of results and framing of contingency plans in partnership with key business partners.

What you have :

Bachelor's Degree in Risk Management, Business, Finance, or a related field; 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.

Minimum 2 years' risk management, regulatory or operations experience in a relevant functional area to include banking, insurance, financial services, audit, project management, public accounting or other related operational area OR Advanced degree / designation in Risk Management, Business, Finance, or other field relevant to risk management.

Knowledge of risk management principles, tools and applicable systems.

Risk management experience related to banking, insurance and / or financial services.

Ability to work with internal and external partners in a collaborative environment.

Working knowledge of data analysis tools and techniques.

Working knowledge of Microsoft Office products including Excel and PowerPoint.

What sets you apart :

Master's-level education (in progress or completed) in Risk Management, Business, Finance, Economics, Data Analytics, or a related field.

Up to 2 years' demonstrated ability to conduct financial / accounting research and produce clear, concise reports; experience gained in a military setting is highly valued.

Previous experience in military risk management or compliance functions is strongly preferred.

Compensation range : The salary range for this position is : $69,920.00 - $125,850.00 .

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.

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.