Quantitative Risk Analyst I

USAA•San Antonio, NC

4d•Hybrid

About The Position

At USAA, the mission is to empower members to achieve financial security through competitive products, exceptional service, and trusted advice, serving the military community and their families. The Quantitative Risk Analyst will provide analytical and risk management support by identifying, measuring, monitoring, and assessing risks that could affect organizational strategic objectives. The role analyzes complex data, identifies emerging risks and trends, develops quantitative assessments and risk metrics, and evaluates gaps or exposures in existing and proposed business processes. The analyst uses tools such as SQL, Python, Excel, Power BI, or Tableau to develop insights, dashboards, and key risk indicators that monitor changes in the risk environment. The role partners with business and risk stakeholders to assess potential impacts, support mitigation efforts, and communicate quantitative findings as actionable insights and recommendations for leadership. The work environment requires four days per week in the office. The position may be based in San Antonio, Texas; Plano, Texas; or Charlotte, North Carolina. Relocation assistance is unavailable. USAA does not provide visa sponsorship for this role.

Requirements

Bachelor's degree in Economics, Finance, Statistics, Mathematics, Engineering, Actuarial Sciences, or another quantitative field, or four years of relevant education and/or experience.
Related quantitative analysis experience in a discipline relevant to risk management, including statistical analysis, modeling, mathematics, or another quantitative discipline; alternatively, an advanced degree or designation in a relevant quantitative discipline plus two years of relevant work experience; or a PhD in a relevant quantitative discipline.

Nice To Haves

Ability to apply quantitative risk expertise in the broader context of insurance and banking operations, using knowledge of customer behaviors, products, distribution channels, and business processes to deliver actionable risk insights.
Ability to synthesize internal and external data sources to assess competitive dynamics, customer behavior trends, and evolving market conditions affecting business performance and risk exposure.
Experience analyzing large or complex data sets to identify trends, emerging risks, patterns, and potential business impacts.
Proficiency with SQL, Python, Excel, Power BI, or Tableau to analyze data and develop meaningful insights.
Strong communication and critical-thinking skills, including the ability to translate quantitative findings into clear, concise insights and recommendations for business partners and leadership.
US military experience gained through military service or as a military spouse or domestic partner.

Responsibilities

Use advanced analytics to assess future risk, opportunities, and effectiveness, and translate results into solutions that enhance decision-making.
Identify key and emerging risks in alignment with risk strategy and appetite, and assess and mitigate exposures.
Develop analytical materials for cross-functional discussions to clarify complex business objectives and influence solution strategies.
Communicate analytical content to cross-functional teams, governance committees, and business process owners to influence business strategies.
May create statistical reporting and financial analysis to forecast results for required stress test scenarios, analyze and challenge stress testing results, and partner with relevant functions to validate results.
May participate in model validations, produce model validation reports, measure and aggregate model risks, and report model issues to committees, auditors, and regulators.