Director, Quantitative Risk Management – Stress Testing

About the role

The Director, Quantitative Risk Management – Stress Testing leads the design, execution, and enhancement of capital stress testing programs that support effective risk management and association-level decision-making. This role leads a high-performing team of quantitative professionals responsible for developing analytical models, assessing the impact of severely adverse scenarios aligned with USAA's unique risk profile, and providing effective challenge of assumptions, qualitative methodologies, management overlays, and stress testing results.

Responsibilities

• Leads teams that utilize advanced analytics to assess future risk, opportunities, and effectiveness.
• Translates results into meaningful solutions to enhance decision making.
• Presents results to various levels of leadership and influences key decisions that have business unit or enterprise impact.
• Utilizes industry best practices to quantify risk and aggregate exposures.
• Oversees the development of complex systems and programs that measure aggregate risk exposures.
• May oversee model validation and model governance efforts.
• Applies innovative and scientific/quantitative analytical approaches to draw conclusions and make recommendations to answer business objectives and drive change.
• Oversees the production of advanced analytical material for discussions with cross functional teams to understand complex business objectives and influences solution strategies.
• Effectively communicates analytical results, findings and solutions to governance committees, senior leaders, regulatory bodies and the USAA Board of Directors.
• Interacts with internal and external stakeholders during audits, regulatory reviews and/or rating agency requests.
• Edits risk owners on risk management best practices and may work with other risk functions in the development and implementation of risk controls.

Requirements

• Bachelor's degree in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or related field; OR 4 years of relevant education and/or experience.
• Experiences That Will Support Your Success:
  • 8 years related quantitative analysis experience in a discipline relevant to risk management to include financial analysis, statistical analysis, modeling, mathematics or other quantitative discipline; OR advanced degree/designation in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative discipline and 6 years of work experience in a quantitative discipline relevant to risk management; OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative discipline and 4 years of work experience in a quantitative discipline relevant to risk management.
  • 2 years of direct team lead or management experience.

Qualifications

• Advanced experience in stress testing, scenario design, model development, and quantitative analysis within a financial services or risk management environment.
• Demonstrated expertise in reviewing and challenging modeling assumptions, qualitative methodologies, management overlays, and stress testing results to ensure outcomes are credible, well-supported, and aligned with business and risk profiles.
• Robust understanding of accounting, financial statements, capital metrics, and the relationship between stress testing outcomes and financial performance.
• Solid experience applying econometric, statistical, and predictive modeling techniques using tools such as Python, Visual Studio Code, etc.
• Demonstrated ability to lead, develop, and inspire high-performing teams while fostering collaboration, accountability, and effective communication across diverse stakeholder groups.
• US military experience gained through military service or gained as a military spouse / domestic partner.

Skills

• Strong stakeholder management skills.
• Extensive governance knowledge.
• The ability to lead cross-functional teams through regulatory change, ambiguity, and increasing analytical complexity.

Benefits

• Comprehensive medical, dental and vision plans.
• 401(k).
• Pension.
• Life insurance.
• Parental benefits.
• Adoption assistance.
• Paid time off program with paid holidays plus 16 paid volunteer hours.
• Variety of wellness programs.
• Career path planning and continuing education.

Pay

The salary range for this position is: $164,780 - $314,960.

Schedule

This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, or Colorado Springs.

Location

Relocation assistance is not available for this position.