QUANTITATIVE RISK ANALYST SENIOR (REMOTE)

Why USAA?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!This position will report to the Director - Quantitative Risk Management, Enterprise Market and Interest Rate Risk within the second line of defense ERM team. In this role, the Senior QRA will work primarily on building an in house strategic asset allocation model to challenge investment asset allocation decisions. Key responsibilities of the role will include:1. Development of a Monte Carlo strategic asset allocation model in python,2. Incorporation of key portfolio objectives and constraints to eliminate portfolios that do not meet specified investment policy statement requirements,3. Write model documentation, perform necessary testing, and meet necessary requirements for internal validation of model by Enterprise Model Risk Management,4. Perform model ongoing monitoring, updates, and communicate results to key internal partners and stakeholders.This position can work remotely in the continental U.S. with occasional business travel.The OpportunityWhat you'll do:Uses advanced analytics to assess future risk, opportunities, and effectiveness and translates results into meaningful solutions to enhance decision making.Applies advanced knowledge and industry standard methodologies to quantify risk and aggregate exposures.Engages in model validation and produces model validation reports.Applies innovative and scientific/quantitative analytical approaches to draw conclusions and make recommendations to answer business objectives and inspire change.Translates recommendations into communication materials to effectively present to colleagues for peer review and management.Applies advanced knowledge to produce advanced analytical material for discussions with cross functional teams to understand complex business objectives and influence solution strategies.Provides mentorship to other team members in the peer review process.What you have:Bachelor's degree in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative subject area. and 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.6 years related quantitative analysis experience in a subject area relevant to risk management to include statistical analysis, modeling, mathematics or other quantitative field.OR advanced degree/designation in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative subject area and 4 years work experience in a quantitative field relevant to risk management.OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative subject area and up to 2 years work experience in a quantitative team relevant to risk management.What sets you apart:Experience building portfolio optimization / strategic asset allocation modelsProgress towards CFA or FRM designationsProficiency in python (NumPy, pandas), SQL, Excel, and data visualizationBasics of object-oriented programming and ability to write scalable, maintainable codeUS military experience through military service or a military spouse/domestic partner [optional]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: $109,130 - $208,580.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 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. 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.SummaryLocation: Plano Legacy; Phoenix Campus (Main); Tampa Campus; Charlotte, NC - CENTS; San Antonio Home Office I; Colorado Springs Campus; Tampa CrosstownType: Full time