Director, Bank Credit Risk - Retail Banking

USAA•Charlotte, NC

7d•Hybrid

About The Position

USAA is seeking a Director, Bank Credit Risk to lead a team of analysts responsible for credit risk identification, development and delivery of credit strategies, and monitoring of credit performance for consumer credit portfolios. The goal is to optimize profitable growth within risk appetite using quantitative methods. This role also owns and drives mitigation of operational and compliance risk inherent in credit strategy. The Director will lead tracking and monitoring of internal and external factors impacting credit strategy performance for bank portfolio products. This role is remote eligible in the continental U.S. with occasional business travel. However, individuals residing within a 60-mile radius of a USAA office will be expected to work on-site four days per week.

Requirements

Bachelor's degree; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
8 years of experience in an analytical field or work focused on leading analytical projects, advanced analytics, and risk assessments to include creating team strategy, directing analysis and interpretation of complex bank credit risk data and credit or financial analysis activities; OR an advanced degree in Business Management, Finance, Economics, Engineering, or in a Mathematical discipline and 6 years of experience in an analytical field or work focused on leading analytical projects, advanced analytics, and risk assessments to include creating team strategy, directing analysis and interpretation of complex bank credit risk data and credit or financial analysis activities.
3 years of direct team lead, or management experience.
Demonstrated experience proposing credit risk changes, evaluation and recommendation of new models or data into strategy, leading the development and presentation of monitoring performance results of various credit strategies to appropriate stakeholders and executive management.
Experience influencing cross functional stakeholders to action by communicating complex analytical insights and risk mitigating solutions.
Advanced research and investigation skills and demonstrated good judgement in problem solving.
Strong understanding of banking regulations risk, and/or compliance.
Experience developing and improving a variety of risk related reporting.
Experience coaching and guiding peers on analytics, and/or risk management.
Advanced knowledge of data analysis tools including skills to develop analysis queries and procedures in SQL, SAS, or other business intelligence and analysis software applications for data segmentation, aggregation, and statistics (E.g., SPS or Visual Basic).
Advanced business acumen and attention to detail and accuracy.
Advanced presentation and communication skills.
Advanced knowledge of Microsoft Office products, particularly Excel, Word, and PowerPoint.
Knowledge of federal laws, rules, regulations, and applicable guidance to include: FCRA, Reg B, UDAAP/UDAP, OCC Heightened Standards, OCC CREDIT RISK GUIDANCE.

Nice To Haves

Strong credit experience in both first line and second line of defense.
Background in managing, prioritizing, and helping deliver department strategic deliverables and collaborating across multiple functions.
Experience at a financial institution focused on Risk Management or Oversight leveraging AI tools to include report automation, strategy data delivery and credit strategies and policies.

Responsibilities

Accountable for strategic planning to create team and departmental objectives and develops forecasts or predictions for team productivity.
Mitigates risks, sets team policy, and governs the team's work to ensure it is in alignment with the strategic priorities of the bank; provides feedback on any misalignments to the team and communicates progress to executive management.
Works directly with executive management, Marketing and team members to develop, implement and validate products, programs and portfolio management strategies to minimize credit risk in loan products while optimizing financial returns.
In partnership with executive management develops accurate, timely and cohesive responses on internal audits, regulatory exams, internal compliance and credit risk reviews etc.
Leverages banking product knowledge and critical thinking skills to lead analyses, identify root causes, and develop clear and concise recommendations to drive the overall bank credit risk strategy development and influence senior decision makers.
Leads and partners to deliver Bank credit risk strategies across lines of defense by effectively developing and improving complex analytical frameworks, analyzing data and processes, and clearly communicating insights/recommendations to key stakeholders and senior leadership.
Leads the analysis of internal and external scores/data for use in identifying first party fraud.
Leverages industry knowledge and competitive benchmarking to lead, inform, and influence credit strategy development; coaches others on industry best practices and analytical skills to identify risks and opportunities within the managed portfolio and translates results into strategic solutions with the delivery of credit risk strategies.
Proactively Identifies the need for and leads development of advanced and nuanced quantitative analysis based upon internal and external data sources to bring structure and clarity to ambiguous and challenging problems.
Responsible for the development, management, and presentation of comprehensive risk and financial reporting in support of senior management and committee oversight of existing and emerging risks and escalates the quality and direction of credit performance to appropriate levels of management.
Leads the design and execution of complex financial risk sensitivity analysis.
Leads the creation and management of credit strategy infrastructure and ensures credit strategies are implemented as intended.
Leverages the use of expert programming and analytical techniques to analyze credit data.
May have model ownership responsibilities and drive accountability for quantitative model requirement definition and/or implementation of advanced credit and/or financial modeling infrastructure.
Builds and oversees a team of employees for assigned functional area through ongoing execution of recruiting, development, retention, coaching, performance management, and managerial activities.
Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.