Credit Risk Analytics Manager Lead – Reserving, Loss Forecasting, Stress Testing

About the position

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families. Embrace a fulfilling career at USAA, where our core values – honesty, integrity, loyalty and service – define how we treat each other and our members. Be part of what truly makes us special and impactful. The Opportunity We seek a dynamic Credit Risk Analytics Manager Lead with proven experience in executing CECL models within the consumer lending portfolio space. The ideal candidate will possess strong skills in model development, implementation, or execution for consumer lending portfolios, coupled with an advanced understanding of credit risk performance drivers, statistical modeling, and analytical tools. Join our team and make a difference today! We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, Plano, TX, or Charlotte, NC. Relocation assistance is available for this position.

Responsibilities

  • Demonstrates industry leading practices and experienced analytical rigor to lead assessments of risks and opportunities across the Bank’s consumer portfolios and translate results into strategic solutions.
  • Leads resilient, risk/return optimized, well governed Bank risk strategies across lines of defense by effectively developing and improving complex analytical frameworks, analyzing data and processes, and succinctly communicating insights to diverse and senior leader audiences.
  • Applies expert knowledge to implement advanced quantitative analysis across departments and programs.
  • Leads development of nuanced qualitative analysis that brings structure and clarity to ambiguous and challenging bank or enterprise problems.
  • Provides effective challenge to risk proposals in designated risk area of credit, market, operations, product, strategic, through detailed research and vetting, using banking product, regulatory, and industry knowledge and critical thinking skills to ensure strong portfolio performance outcomes.
  • Responsible for and leads the design and implementation of effective risk management frameworks that enable strong identification, measurement, and mitigation of risk in a complex environment.
  • Leads the development and maintenance of comprehensive risk reporting suite in support of management and committee oversight of existing and emerging risks.
  • Applies analytically derived insights to implement strategic decisions with significant impact to business results.
  • Efficiently leads work results by providing thought leadership, coaching, and mentoring to team members regarding analytics and risk management.
  • May lead implementation of advanced credit and/or financial modeling infrastructure.

Requirements

  • Bachelor's degree.
  • 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
  • 8 years experience in an analytical field or focused on leading risk management execution, advanced analytics and risk assessments OR 6 years experience in an analytical field or focused on risk management execution, analytics or risk assessments with an advanced degree in a quantitative, scientific, engineering, business or technical fields. OR an equivalent level of evidenced, demonstrated competencies in industry leading risk management execution, advanced analytics, and risk assessments.
  • 3 years prior industry leading analytical experience in a financial services or highly regulated environment.
  • Ability to independently drive high impact projects to successful completion.
  • Experience delivering cross functional action plans by communicating complex analytical insights and compelling risk mitigating solutions.
  • Confirmed ability to provide effective challenge to senior leaders regarding risks and opportunities.
  • Demonstrated experience applying critical thinking skills in reviewing strategy or risk proposals to ensure successful portfolio performance outcomes.
  • Experience crafting and implementing effective risk management frameworks.
  • Experience mentor and guiding peers on analytics and/or risk management.
  • Proven knowledge of relevant laws, rules and regulations, such as mentorship and requirements associated with OCC Heightened Standards.
  • Ability to ensure regulatory adherence of relevant work deliverables within scope of role.
  • Solid understanding of current analytical coding languages such as Python, SAS, or SQL.

Nice-to-haves

  • CECL model development, implementation or execution experience for Consumer Lending Portfolios.
  • Advanced understanding of credit risk performance drivers as well as statistical modeling and analysis concepts and tools.
  • Master or PhD preferred.
  • Excellent verbal and written communication skills.

Benefits

  • At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include 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, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals. For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
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