Risk Analyst- Intern

Purpose of Job

USAA’s 10-week, summer internship program offers college students the chance to discover what it’s like to work at a Fortune 100 company and leading financial services organization. Our interns deliver innovative solutions to real business challenges, and build enduring relationships with their manager and an assigned mentor. While gaining insight into the service of the military community and USAA’s noble mission, interns are immediately part of USAA’s collaborative culture. Spend your summer at USAA and gain a career where you can make a difference!

Provides risk management support for a line of business or staff agency in key risk identification, measurement and aggregation, and the understanding and management of risk through appropriate practices and processes. Assesses and mitigates enterprise and business un exposures through the identification of key and emerging risks and evaluates alignment with risk strategy and appetite. Monitors the risk and control environment to ensure that exposures are kept at acceptable levels and may consult on risk mitigation plans.

Job Requirements

Supports the team in the identification, assessment, aggregation and documentation of risks and controls, including risks associated with new or modified products, services, distribution channels, regulations and third party operations.
May help present findings to various levels of leadership.
Focuses on acquiring knowledge of risk management principles and practices.
Applies foundational learning to help support the implementation of new risk policies, practices, appetites and solutions to ensure holistic understanding and management of risks according to industry best practice.
Assists in the process of enhancing strategies, tools, and methodologies to measure, monitor, and report risks.
Applies acquiring knowledge to assist in producing analytical material for discussions with cross functional teams to understand business objectives and influence solution strategies.
Supports cross-functional team initiatives to identify, assess, aggregate and mitigate current and emerging risk events.
Supports projects that impact the organization.
Applies foundational learning to help support the formulation of stress test plans for a line of business or the enterprise.

Minimum Education

Currently pursuing a Bachelor's degree in Risk Management, Business, Finance, or a related field at an accredited university.

Minimum Experience

Up to 2 years risk management or operations experience in a relevant functional area to include banking, insurance, financial services, audit, project management, public accounting or other related operational area.

Successful completion of a job-related assessment may be required.

Preferred Education

Currently pursuing a Master's degree in Risk Management, Business, Finance, or a related field at an accredited university.