Director, Quantitative Risk Management - AI Risk Management

Why USAA?

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

As a Director, Quantitative Risk Management you will have oversight of project management, ensuring projects are completed on time and within budget. The ideal candidate will be accountable for the development and mentoring a team that conducts and develops quantitative and analytic models, assessments and/or applications in support of risk management efforts that assess the risks of new and existing financial products. Influences processes at both the business unit and enterprise level and leads and sets the agenda for risk management results.

This position is focused on leading a team responsible for assessing risk associated with AI solutions. The scope of work includes technical reviews of specific AI algorithms as well as assessing the quality of risk management practices across a broad range of potentially applicable requirements, such as Privacy, Regulatory Compliance, Data Governance, Information Security, Cybersecurity, Fair Lending, Third-Party Risk Management, etc.

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, Phoenix, AZ, Charlotte, NC, or Tampa, FL. Relocation assistance is not available for this position.

What you'll do:

• Leads teams that apply advanced analytics to assess future risk, opportunities, and effectiveness.
• Translates results into relevant solutions to enhance decision making.
• Presents results to various levels of leadership and influences key decisions that have business unit or enterprise impact.
• Uses industry standard methodologies to quantify risk and aggregate exposures.
• Coordinates the development of sophisticated systems and programs that measure aggregate risk exposures.
• May lead all aspects of model validation and model governance efforts.
• Applies innovative and scientific/quantitative analytical approaches to draw conclusions and make recommendations to answer business objectives and inspire change.
• Is responsible for the production of advanced analytical material for discussions with cross functional teams to understand complex business objectives and influences solution strategies.
• Communicates analytical results, findings and solutions to governance committees, senior leaders, regulatory bodies, and the USAA Board of Directors.
• Interacts with internal and external team members during audits, regulatory reviews and/or rating agency requests.
• Educates risk owners on risk management standard processes and may work with other risk functions in the development and implementation of risk controls.

What you have:

• Bachelor's degree in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or a related field; OR 4 years of related experience (in addition to the minimum years of experience required-12 years total without degree) may be substituted in lieu of degree.
• 8 years related quantitative analysis experience in a field relevant to risk management to include statistical analysis, modeling, mathematics or other quantitative subject area; OR advanced degree/designation in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative field and 6 years of work experience in a quantitative team relevant to risk management; OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative subject area and 4 years of work experience in a quantitative team relevant to risk management.
• 3 years of team lead or management experience.

What sets you apart:

• 8+ years of Quantitative Risk Management leadership, mentoring and coaching a team, to include experience preparing essential communications to influence decision making in among risk committees, senior management, and the board.
• Proven knowledge working with and communicating persuasively about AI technology, ranging technical features to streamlining solution delivery.
• Data visualization and presentation, via SAS, Tableau, Excel, PowerPoint.
• Strong interpersonal skills, delegating and providing clear and concise instructions to team members around organized goals and project planning.
• US military experience through military service or a military spouse/domestic partner.

Compensation range: The salary range for this position is: $164,780.00 - $314.960.00.

Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

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.

Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.

USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.