Senior Quantitative Risk Analyst - Stress Testing Analytics

Purpose of Job

We are currently seeking a talented Senior Quant Risk Analyst - Stress Testing Analytics, for our San Antonio, TX or Remote facility.

This role will support USAA’s stress testing exercises, specifically scenario design and the development and implementation of 2nd line models that challenge models in use.

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.
    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
    Successful completion of an analyst assessment may be required.


  • 6+ years of experience in statistical model development, specifically constructing capital, credit risk, and forecasting models for internal and regulatory stress tests
  • 3+ years of experience at a large financial institution
  • Experience developing multiple DFAST/CCAR stress testing models and having successfully steered them through independent validation in an SR 11-7 model risk management environment
  • Advanced degree (PhD, MBA, MS, etc.) in a quantitative discipline (Economics, Statistics, Finance, etc.)
  • Knowledge in multiple statistical techniques (generalized linear modeling, time series analysis, CART, decision trees, neutral networks, factor analysis, experimental design, and hypothesis testing)
  • Advanced knowledge of programming language(s) in SQL, SAS, R or other analysis software

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.

USAA also offers a variety of on-site services and conveniences to help you manage your work and personal life, including seven cafeterias, two company stores and three fitness centers.

Relocation assistance is available for this position.