Bank Credit Risk Analyst Principal

Why USAA?

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the choice for the military community and their families.

Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.

The Opportunity

As a dedicated Bank Credit Risk Analyst Principal, you will be responsible for developing and driving the frameworks for the Bank Credit Risk program that provides oversight and governance to its maturing processes, advanced governance and oversight capabilities. Conducts complex credit and financial analyses to identify and mitigate emerging credit risks across the Bank. Leverages data analytics, data insights and industry expertise to build fit for purpose and sustainable outcomes/solutions. Partners with first line Bank executives, Bank Compliance leadership, and other key executive stakeholders to drive strategic alignment of the Bank Credit Risk policy and oversight. Leads and develops high quality committee, regulatory and executive reporting and responses as needed.

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.

• Responsible for conducting statistical, econometric and financial analyses to identify and mitigate emerging credit risks across bank. Integrates artificial intelligence/ machine learning, credit and financial scenario modeling, complex data architecture, strategy, credit research, macro research and development, and design competencies. Delivers on highly complex credit and econometric solutions that mitigate the risk, costs and impacts of large and granular behavioral and macroeconomic credit risks.
• Drives development and maturation of complex credit and financial frameworks. Delivers cross credit, and credit impacting operational, financial and strategic initiatives to leverage asset specific insights and drive scale economies; i.e. Enterprise capital concerns related to Basel III impacts, fraud spikes and emerging trends, enterprise stress contingency lever submission and integration accuracy; finance/strategy/marketing data sourcing for Level Up new prime card product, Eligibility Expansion, Economic Capital, CRA marketing, Secured card and enterprise segment targeting.
• Advises on complicated credit and financial analyses across credit finance, product and marketing, operations and market risk, as well as lines of defense. Provides direction and consultation to senior leaders across the bank on highly complex and unique credit and financial risk issues. Serves as a key advisor and consultant to the Bank Head of Credit and SLOD Chief Credit Officer on risk management and mitigation efforts, a proxy / delegate in senior leadership forums.
• Strengthens regulatory responses to ensure industry leading quality (Consent Order, Examinations, etc.), ensuring as well appropriate communication and collaboration with impacted stakeholders. Interacts with regulators and internal and external auditors related to bank credit risk appetite, stress test, provision, modeling issues and requests.
• Drives remediation efforts by leveraging industry-leading subject matter expertise and experience to prioritize, strategize, and build consensus within the team and senior management (Audit findings, MRA's, etc.) across various departments.
• Develops efficiencies and strategic improvements to Bank Credit programs (Risk Appetite, Effective Challenge, KRI's, RAMs). Leads collaborative engagements and creates best practices across the Bank Credit product teams and the horizontal risk-aligned teams to ensure proper identification of risks and emerging trends.
• Responsible for the development and delivery of training to build technical and business acumen within the Bank organization.
• 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; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
• 10 years experience applying operational risk frameworks, oversight and best practices to include 6 years of bank credit risk with accountability for highly complex projects/initiatives with significant impact within a financial services/banking organization.
• Extensive experience in model development and optimization for credit risk strategy development, delivery and implementation.
• Extensive experience with data analytics and insights conducting complicated/complex credit and financial analyses; identifying and mitigating emerging credit risks across bank products.
• Strong knowledge and understanding of interest rate, capital allocation and liquidity market to include fraud, operations, and compliance risk.
• Executive-level business acumen in the areas of bank credit, finance and bank industry practices.
• Bank credit risk consulting skills to include gathering and synthesizing business requirements and communicating and/or facilitating constructive opportunities to a variety of audience levels including senior management.
• Experience collaborating with key resources and stakeholders, influencing decisions, and managing work to achieve strategic goals required.
• Experience leading and developing high quality committee, regulatory and executive reporting and responses as needed.
• Strong track record of driving change across risk areas, risk tools, asset classes and processes.
• Demonstrated ability to manage and drive multiple remediation activities to completion timely and with high degree of quality.

What sets you apart:

• Proven track record at fin techs or large banks for driving large scale initiatives or platforms.
• Experience in AI/ML or other complex initiative executions.
• Balanced experience and skills across analytics and program leadership / execution.

Compensation range: The salary range for this position is: $189,370 - $361,950.

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

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.