Job Profile Name Bank Credit Risk Analyst I - Retail Banking

$89,990 - $172,000/Yr

USAA - Plano, TX

Full-time - Entry Level

Plano, TX

10,001+ employees

Credit Intermediation and Related Activities

About the position

The Bank Credit Risk Analyst I at USAA plays a crucial role in identifying and managing credit risk within consumer credit portfolios. This position utilizes quantitative methods to develop credit strategies, monitor performance, and ensure compliance with banking regulations. The analyst will work collaboratively with various teams to optimize growth while mitigating 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 and industry practices.
• Develop and deliver credit risk strategies to optimize profitable growth within risk appetite.
• Monitor credit performance and track internal and external factors impacting credit strategy.
• Conduct sophisticated financial risk sensitivity analysis and present findings to senior management.
• 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 may be substituted in lieu of degree.
• 4 years of experience in an analytical field focused on credit risk data analysis and financial analysis activities.
• 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, particularly 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 model 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.
• Paid time off program with paid holidays and 16 paid volunteer hours.
• Various wellness programs.