The OpportunityThe
Director, Quantitative Risk Management - Stress Testing leads the design, execution, and enhancement of capital stress testing programs that support effective risk management and association-level decision-making. This role leads a high-performing team of quantitative professionals responsible for developing analytical models, assessing the impact of severely adverse scenarios aligned with USAA's unique risk profile, and providing effective challenge of assumptions, qualitative methodologies, management overlays, and stress testing results. The Director shapes risk management practices across business unit and association levels, ensuring methodologies, governance, and controls align with regulatory expectations and organizational objectives.
The successful candidate brings deep expertise in stress testing, scenario design, econometric modeling, accounting, and quantitative risk management within a financial services environment. They drive continuous improvement by enhancing methodologies, strengthening review and challenge practices, automating processes, and reinforcing controls to improve efficiency, accuracy, and compliance. Leveraging advanced analytical techniques and tools such as Python, Visual Studio Code, and Tableau, this leader delivers actionable insights on key risk drivers, sensitivities, and uncertainties that inform business and risk decisions. The role requires strong stakeholder management skills, extensive governance knowledge, and the ability to lead cross-functional teams through regulatory change, ambiguity, and increasing analytical complexity.
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, or Colorado Springs
Relocation assistance is
not available for this position.
What you'll do:- Leads teams that utilize advanced analytics to assess future risk, opportunities, and effectiveness.
- Translates results into meaningful solutions to enhance decision making.
- Presents results to various levels of leadership and influences key decisions that have business unit or enterprise impact.
- Utilizes industry best practices to quantify risk and aggregate exposures.
- Oversees the development of complex systems and programs that measure aggregate risk exposures.
- May oversee model validation and model governance efforts.
- Applies innovative and scientific/quantitative analytical approaches to draw conclusions and make recommendations to answer business objectives and drive change.
- Oversees the production of advanced analytical material for discussions with cross functional teams to understand complex business objectives and influences solution strategies.
- Effectively communicates analytical results, findings and solutions to governance committees, senior leaders, regulatory bodies and the USAA Board of Directors.
- Interacts with internal and external stakeholders during audits, regulatory reviews and/or rating agency requests.
- Educates risk owners on risk management best practices 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 related field; OR 4 years of relevant education and/or experience.
Experiences that will support your success:- 8 years related quantitative analysis experience in a discipline relevant to risk management to include financial analysis, statistical analysis, modeling, mathematics or other quantitative discipline; OR advanced degree/designation in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative discipline and 6 years of work experience in a quantitative discipline relevant to risk management; OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative discipline and 4 years of work experience in a quantitative discipline relevant to risk management.
- 2 years of direct team lead or management experience.
What sets you apart:- Advanced experience in stress testing, scenario design, model development, and quantitative analysis within a financial services or risk management environment.
- Demonstrated expertise in reviewing and challenging modeling assumptions, qualitative methodologies, management overlays, and stress testing results to ensure outcomes are credible, well-supported, and aligned with business and risk profiles.
- Ability to interpret macroeconomic scenarios and assess their impact on financial performance, capital requirements, and business performance
- Robust understanding of accounting, financial statements, capital metrics, and the relationship between stress testing outcomes and financial performance.
- Strong knowledge of governance, regulatory, and control requirements related to capital stress testing, capital planning, and risk management programs.
- Solid experience applying econometric, statistical, and predictive modeling techniques using tools such as Python, Visual Studio Code, etc.
- Demonstrated ability to lead, develop, and inspire high-performing teams while fostering collaboration, accountability, and effective communication across diverse stakeholder groups.
- US military experience gained through military service or gained as a military spouse / domestic partner
Compensation range: The salary range for this position is: $164,780 - $314,960
USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.). 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.
