Bank Credit Risk Analyst Mid Level (Senior) Retail Banking

Company: USAA
Location: Plano
Posted on: August 4, 2022

Job Description:

Purpose of JobJob Description Summary
USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level.

This position is a Hybrid position located in San Antonio TX, Plano TX, Charlotte NC, Tampa FL, Colorado Springs CO, and Phoenix AZ within a commutable distance.

Using a level of expertise, develops, proposes and delivers credit risk strategies for consumer credit portfolios to optimize profitable growth within risk appetite. Owns operational and compliance risk inherent in credit strategy. Tracks and monitors credit strategy performance as well as external factors impacting the credit risk exposure for bank portfolio products within the risk taxonomy.Job RequirementsPrimary Responsibilities:

• Identifies and manages existing and emerging risks that stem from business activities and the job role.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled.
• Follows written risk and compliance policies, standards, and procedures for business activities.
• Applies expert programming and analytical techniques to analyze credit data.
• Applies advanced knowledge of the business, its products, and processes to identify opportunities for improvement and tailor credit strategies to the needs of the business.
• Synthesizes analyses, identifies root causes, and develops clear and concise recommendations to drive credit risk strategies to influence senior decision makers.
• Recognizes opportunities to improve credit risk strategies and builds support for recommendations.
• Guides team members in the development and delivery of their work products.
• Independently performs existing and develops new portfolio reporting to monitor credit strategy and escalates the quality and direction of credit performance to appropriate levels of management.
• Assembles key participants and guides and facilitates teams in the development and implementation of key initiatives.
• Conducts detailed analysis, applying sophisticated analytical and financial modeling and statistical techniques to predict and evaluate the credit risk within a loan portfolio according to operational risk and compliance standards.
• Performs complex, multi-factor credit risk assessments and recognizes appropriate credit risk strategies to be developed and implemented.Minimum Requirements:
  • Bachelor's degree in Business Management, Finance, Economics, Engineering, or in a Mathematical subject area; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree. A total of 10 years of proven experience.
  • 6 years of experience in consumer credit risk analysis OR if Master's Degree in Business Management, Finance, Economics, Engineering, or in a Mathematical subject area, 4 years of experience consumer credit risk analysis.
  • Strong understanding of banking regulations, risk, and/or compliance.
  • Advanced intuition for business and attention to detail and accuracy.
  • Advanced research, investigation skills and good judgment skills.
  • Advanced knowledge of Microsoft Office products, particularly Excel, Word, and PowerPoint.
  • Advanced knowledge of data analysis tools including skills to develop analysis queries and procedures in SQL, SAS, or other business intelligence and analysis software applications for data segmentation, aggregation, and statistics (E.g. SPS or Visual Basic).
  • Knowledge of federal laws, rules, regulations, and applicable guidance to include: FCRA, Reg B, UDAAP/UDAP, OCC Heightened Standards, OCC CREDIT RISK GUIDANCE.Preferred Experience:
    • Experience with SAS, Tableau, R, Python and/or other programming/reporting tools
    • Experience with variable analysis and risk segmentation techniques
    • Experience working with transactional level data for Deposit products or Credit products
    • Experience in developing quantitative risk rules
    • Experience in developing risk strategies for Credit Card Account Management or Account Originations
    • Experience at large or complex bank/financial institutions
    • Experience with communicating and presenting sophisticated concepts to executive leadershipCompensation: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 position. The salary range for this position is: $88,200-$158,900*.Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors.*Geographical Differential: Geographic pay differential is additional pay provided to eligible employees working in locations where market pay levels are above the national average.Shift premium will be addressed on an individual basis for applicable roles that are consistently scheduled for non-core hours.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.Please click on the link below for more details.Relocation assistance IS available for this position.

Keywords: USAA, Plano , Bank Credit Risk Analyst Mid Level (Senior) Retail Banking, Accounting, Auditing , Plano, Texas