Quantitative Risk Analyst Senior

Purpose of Job

We are currently seeking talented Quantitative Risk Analyst Senior for our Addison, TX or Remote facility.

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 a variety of disciplines 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.

Job Requirements

  • Utilizes advanced analytics to assess future risk, opportunities, and effectiveness.
  • Translates results into meaningful solutions to enhance decision making.
  • May present findings to various levels of leadership.
  • Applies advanced knowledge and industry best practices to quantify risk and aggregate exposures.
  • Develops complex systems and programs that measure aggregate risk 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.

Minimum Requirements

  • Bachelor's degree in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative discipline required; Or 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
  • 6 or more 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 or more 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


  • Demonstrated experience in understanding requirements/process to file ALLL/CECL/DFAST/CCAR etc.
  • Strong verbal communication skills.
  • Experience interacting with regulators/auditors (i.e. OCC, FRB, CFPB) as well as Board of Directors/Risk Committee.
  • Strong writing skills.
  • Able to document and write materials at the expectation to be delivered at the level of Board of Directors and regulators.
  • Ensure risk are identified and integrated into the Bank’s key risk identification, monitoring and mitigating process.
  • Leads the execution of a strong CRO quantitative effective challenge framework for Bank Loss Reserve/CECL utilizing internally developed or industry models.
  • Develops and keeps current inventory and warehouse of detailed supporting Bank Credit Risk Loss Reserve/CECL documentation (procedures, control plans, analysis, submissions, models and tools etc.)
  • Partners across Risk Management, Finance and FSB lines of business to ensure Bank Credit Loss Reserve/CECL results are linked to USAA’s (including Cosa’s) risk identification, measurement, mitigation and monitoring programs.

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.

At USAA our employees enjoy one of the best benefits packages in the business, including a flexible business casual or casual dress environment, comprehensive medical, dental and vision plans, along with wellness and wealth building programs. Additionally, our career path planning and continuing education will assist you with your professional goals.

Relocation assistance is not available for this position.