Quantitative Risk Analyst Senior – Stress Testing and Scenario Design

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

The Quantitative Risk Analyst Senior – Stress Testing and Scenario Design supports financial risk management by helping identify, measure, monitor, and assess risks across the business. This role uses quantitative modeling and data analysis to evaluate market conditions, identify emerging risks, and understand how economic scenarios may affect financial performance, capital requirements, and overall business performance. The analyst will also monitor the risk and control environment and help develop practical, data-driven recommendations to strengthen risk management processes and controls.

The ideal candidate will have advanced experience with stress testing, scenario design, model development, and quantitative analysis within financial services or risk management. Strong experience reviewing and challenging model assumptions, qualitative methodologies, management overlays, and stress-testing results is important, along with knowledge of capital stress testing, capital planning, governance, and regulatory requirements. Candidates should also have experience applying econometric, statistical, and predictive modeling techniques using tools such as Python, SQL, Essbase and Tableau, combined with strong written and verbal communication skills.

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, Colorado Springs, CO or Plano, TX

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.
• •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, Engineering, Actuarial Sciences, or quantitative field; OR 4 years of relevant education and/or experience.

Experiences that will support your success:

• •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:

• •Advanced experience in stress testing, scenario design, model development, and quantitative analysis within a financial services or risk management environment.
• •Demonstrated expertise in reviewing and challenging modeling assumptions, qualitative methodologies, management overlays, and stress testing results to ensure outcomes are credible, well-supported, and aligned with business and risk profiles.
• •Ability to interpret macroeconomic scenarios and assess their impact on financial performance, capital requirements, and business performance
• •Strong knowledge of governance, regulatory, and control requirements related to capital stress testing, capital planning, and risk management programs.
• •Solid experience applying econometric, statistical, and predictive modeling techniques using tools such as Python, SQL, and Tableau

Experience using Oracle Essbase for financial reporting, data retrieval, or analysis

Excellent written and verbal communication skills

Compensation range: The salary range for this position is: $114,080 - $218,030 .

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.