Senior Analyst, Credit Risk Strategy

About the Role

As a dedicated Bank Credit Risk Analyst Senior, you will leverage a strong background in credit risk strategy development for card, consumer, and deposits credit portfolios to optimize profitable growth within risk appetite. You will own operational and compliance risk inherent in credit strategy, track and monitor credit strategy performance, and assess external factors impacting credit risk exposure for bank portfolio products within the risk taxonomy. This role is remote eligible in the continental U.S. with occasional business travel. Individuals residing within a 60-mile radius of a USAA office will be expected to work on-site four days per week.

Responsibilities

• Apply industry-leading practices and analytical skills to identify risks and opportunities within the managed portfolio and translate results into strategic solutions for credit risk strategies.
• Apply critical thinking skills to synthesize analyses, identify root causes, and develop clear, concise recommendations to drive credit risk strategy development and influence senior decision makers.
• Partner to deliver bank credit risk strategies across lines of defense by developing and improving complex analytical frameworks, analyzing data and processes, and communicating insights/recommendations to key stakeholders and leadership.
• Analyze internal and external scores/data to identify first-party fraud.
• Apply industry knowledge and competitive benchmarking to inform credit strategy development.
• Utilize advanced quantitative analysis based on internal and external data sources to bring structure and clarity to ambiguous and challenging problems.
• Develop, manage, and present comprehensive risk and financial reporting in support of senior management and committee oversight of existing and emerging risks, escalating credit performance as needed.
• Design and perform complex financial risk sensitivity analysis.
• Create and manage credit strategy infrastructure, ensuring credit strategies are implemented as intended.
• Apply expert programming and analytical techniques to analyze credit data.
• Provide thought leadership, coaching, and mentoring to team members regarding analytics and risk management.
• Collaborate with key stakeholders to guide and facilitate teams in the development and implementation of key initiatives.
• Utilize analytically derived insights to develop strategic plans with significant impact on business results.
• Coach and mentor other analysts and act as a thought leader within the analyst community.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Requirements

• Bachelor’s degree in Business Management, Finance, Economics, Engineering, or a Mathematical discipline; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
• Minimum 6 years’ experience in an analytical field or work focused on leading analytical projects, advanced analytics, risk assessments, or bank credit risk data; OR an advanced degree in Business Management, Finance, Economics, Engineering, or a Mathematical discipline and 4 years’ experience in an analytical field or work focused on leading analytical projects, advanced analytics, risk assessments, or bank credit risk data.
• Experience in financial analysis activities to support risk strategy.
• Strong understanding of banking regulations, risk, and/or compliance.
• Advanced presentation and communication skills.
• Advanced business acumen and attention to detail and accuracy.
• Advanced research and investigation skills with demonstrated good judgment in problem-solving.
• Advanced knowledge of Microsoft Office products, particularly Excel, Word, and PowerPoint.
• 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., SPSS or Visual Basic).
• Knowledge of federal laws, rules, regulations, and applicable guidance, including: FCRA, Reg B, UDAAP/UDAP, OCC Heightened Standards, and OCC Credit Risk Guidance.

Qualifications

• 6+ years of experience with consumer credit risk analytics, focusing on card, auto, personal loans, deposits, and other consumer loan credit strategy development, implementation, and monitoring.
• Experience preparing and communicating credit strategy recommendations and results of complex analysis to senior leadership and a wide range of partners, including Credit Risk Reviewer, Pricing, Product, Legal, Compliance, Underwriting, and Operations.
• Experience delivering business insights and recommendations through internal and industry data analysis.
• 6+ years of experience with SAS or SQL to gather and analyze data, including aggregation from multiple sources, working with different grains of data, resolving anomalies, and demonstrating sophisticated joins to prepare data for analysis.
• Experience crafting tests (e.g., A/B tests) and evaluating outcomes to continuously guide and optimize the risk-reward framework.
• Experience driving multiple analytics projects and strategies forward with limited guidance.
• Experience optimizing underwriting criteria using statistical models and analysis of traditional and alternative credit data to drive risk-adjusted growth.
• Experience working with Experian Sandbox and alternate data sources (e.g., LexisNexis).

Pay

The salary range for this position is $127,310.00 - $243,340.00. Employees may be eligible for pay incentives based on overall corporate and individual performance at the discretion of the USAA Board of Directors. The actual salary for this role may vary by location.

Benefits

• Comprehensive medical, dental, and vision plans.
• 401(k) and pension plans.
• Life insurance.
• Parental benefits and adoption assistance.
• Paid time off program with paid holidays plus 16 paid volunteer hours.
• Various wellness programs.
• Career path planning and continuing education to assist with professional goals.

USAA does not provide visa sponsorship for this role.