Job Information

USAA Quantitative Analyst Mid-Level - Model Governance in San Antonio, Texas


Let’s do something that really matters.

At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. Not all of our employees served in our nation’s military, but we all share in the mission to give back to those who did. We’re working as one to build a great experience and make a real impact for our members.

We believe in our core values of honesty, integrity, loyalty and service. They’re what guides everything we do – from how we treat our members to how we treat each other. Come be a part of what makes us so special!

The Opportunity

As a dedicated Quantitative Analyst I , you will work with the Enterprise Data Science, Strategy & Analytics Team in USAA’s Enterprise Data Office. You will work with internal clients to ensure models are well-managed through documentation and monitoring and interact with regularly Enterprise Model Risk Management as we support model owners through validation activities. This role will also be expected to prepare model documentation for vendor models to include developing model monitoring plans to ensure vendor sourced models meet the business need and perform as expected. The role requires strong verbal and written skills and ability to work well in a matrixed environment while working on enterprise-wide efforts to support the data science and engineering community in establishing and incorporating industry standard processes in model development, implementation and use.

Quantitative Analyst I provide risk management support for a line of business or staff agency in key risk identification, measurement and aggregation, and the understanding and management of risk through appropriate quantitative and analytical practices and processes. Monitors the risk and control environment to ensure that exposures are kept at acceptable levels and consults on risk mitigation plans.

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, Colorado Springs, CO, Charlotte, NC, or Tampa, FL. Relocation assistance is not available for this position.

What you'll do:

  • Applies advanced analytics to assess future risk, opportunities, and effectiveness and translates results into meaningful solutions to enhance decision making.

  • Applies knowledge to produce analytical material for discussions with cross functional teams to understand complex business objectives and influence solution strategies.

  • Produces and communicates analytical content and data visualizations for discussions with cross functional teams, governance committees and business process owners to influence business strategies related to risk opportunities and effectiveness.

  • May create statistical reporting and financial analysis to forecast results for required stress test scenarios, including analyzing and challenging stress testing results and partnering with relevant functions to validate those results.

  • May engage in model validations, produce model validation reports, measure and aggregate model risks, and/or report on model issues to committees, auditors, and regulators.

  • Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

What you have:

  • Bachelor's degree in Economics, Finance, Statistics, Mathematics, Engineering Actuarial Sciences, or other quantitative discipline; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.

  • 4 years related quantitative analysis experience to include statistical analysis, modeling, engineering, mathematics, business or other quantitative discipline; OR advanced degree/designation in Economics, Finance, Statistics, Mathematics, Engineering, Actuarial Sciences, or other quantitative discipline and 2 years work experience in a quantitative discipline relevant to risk management; OR PhD in Economics, , Engineering, Statistics, Mathematics, or other quantitative discipline.

  • 2 years experience working with complex analytical tools and data.

  • Experience producing and presenting research data related to business activities.

  • Experience effectively participating in cross-functional teams.

What sets you apart:

  • 3+ years of AI/ML model development experience

  • Experienced knowledge of SR 11-7/OCC 11-12 Bulletins, NAIC Model Bulletin on Use of AI, GDPR, policies and standards on Model Risk Management and Information Governance.

  • Strong verbal and written communication skills

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.

What we offer:

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. The salary range for this position is: $89,990.00 - $161,990.00 .

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

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, please visit our benefits page on

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.

If you are an existing USAA employee, please use the internal career site in OneSource to apply.

Please do not type your first and last name in all caps.

Find your purpose. Join our mission.

USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.

USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself – you just need to share our passion for serving our more than 13 million members.

USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.

USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.