Job Profile Name Bank Credit Risk Analyst I - Retail Banking

$89,990 - $172,000/Yr

USAA - Colorado Springs, CO

Full-time - Entry Level

Colorado Springs, CO

10,001+ employees

Credit Intermediation and Related Activities

About the position

The Bank Credit Risk Analyst I position at USAA involves utilizing quantitative methods to identify and manage credit risk within consumer credit portfolios. The role focuses on developing credit strategies, monitoring performance, and ensuring compliance with banking regulations. The analyst will work collaboratively with various teams to optimize growth while mitigating operational risks, ultimately contributing to the financial security of military members and their families.

Responsibilities

• Identify credit risks and opportunities within the portfolio using analytical skills.
• Develop and deliver credit strategies to optimize profitable growth within risk appetite.
• Monitor credit performance and mitigate operational and compliance risks.
• Track internal and external factors impacting credit strategy performance.
• Perform sophisticated financial risk sensitivity analysis and develop comprehensive risk reporting.
• Support junior team members in analytics and risk management.
• Collaborate with key partners to implement key initiatives and ensure compliance with risk policies.

Requirements

• Bachelor's degree in Business Management, Finance, Economics, Engineering, or a Mathematical subject area, or 4 years of related experience.
• 4 years of experience in an analytical field focused on credit risk data and financial analysis, or an advanced degree with 2 years of experience.
• Understanding of banking regulations, risk, and compliance.
• Strong presentation and communication skills.
• Good business acumen and attention to detail.
• Solid understanding of Microsoft Office products, especially Excel, Word, and PowerPoint.
• Experience with data analysis tools such as SQL, SAS, or other business intelligence software.

Nice-to-haves

• 2+ years of experience with Python, SAS, or SQL for data analysis.
• Experience in credit risk management for consumer lending products.
• Familiarity with Credit Karma LightBox strategy or NPV models for consumer lending.
• Experience working with cross-functional partners to drive initiatives.
• US military experience through service or as a military spouse/domestic partner.

Benefits

• Comprehensive medical, dental, and vision plans.
• 401(k) and pension plans.
• Life insurance and parental benefits.
• Adoption assistance and paid time off including holidays and volunteer hours.
• Various wellness programs and career path planning.