Director Credit Risk Stress Testing and Loss Forecasting (Remote Available)
About the position
The Director of Credit Risk Stress Testing and Loss Forecasting at USAA is responsible for leading and developing credit risk professionals while overseeing the assessment of risks and opportunities across the Bank's consumer portfolios. This role involves crafting quantitative analyses, influencing risk strategy, and ensuring effective risk management practices. The position requires strong communication skills to present insights to senior management and involves mentoring team members to optimize performance and deliver strategic solutions.
Responsibilities
Lead assessments of risks and opportunities across the Bank's consumer portfolios.
,
Influence Bank risk strategy by communicating analytical frameworks and insights to senior audiences.
,
Develop quantitative analysis across departments and programs.
,
Identify and lead the development of qualitative analysis for complex bank problems.
,
Challenge and recommend approval for credit and risk proposals through detailed research.
,
Develop and maintain a comprehensive risk reporting suite for management oversight.
,
Apply insights to deliver strategic decisions impacting business results.
,
Integrate risk management programs to identify, mitigate, measure, and monitor risk.
,
Mentor and provide thought leadership to team members regarding analytics and risk management.
,
Oversee recruiting, development, retention, and performance management of team members.
Requirements
Bachelor's degree or equivalent experience in a quantitative, scientific, engineering, business or technical field.
,
8 years of experience in risk analytics, framework development, and risk governance, or 6 years with an advanced degree.
,
3 years of management or leadership experience.
,
3 years of analytical experience in a financial services environment.
,
Experience influencing cross-functional partners and communicating analytical insights.
,
Experience developing risk-related reporting and providing effective challenge to senior leaders.
,
Experience leading and implementing risk management frameworks.
,
Proven knowledge of relevant laws and regulations, including OCC Heightened Standards.
,
Proficiency in analytical coding languages such as Python, SAS, or SQL.
Nice-to-haves
7-9 years of experience in dynamic risk management in large financial institutions.
,
Experience designing and implementing forecasting infrastructure for loss estimations.
,
Credit Risk Stress Testing and Credit Loss Forecasting experience.
,
Ability to communicate complex topics to non-technical audiences.
,
Deep understanding of credit risk performance drivers and statistical modeling concepts.
,
Broad knowledge of laws and regulations governing large consumer banks.
Benefits
Comprehensive medical, dental, and vision plans.
,
401(k) and pension plans.
,
Life insurance and parental benefits.
,
Adoption assistance.
,
Paid time off program with paid holidays and 16 paid volunteer hours.
,
Various wellness programs.
,
Career path planning and continuing education support.
Apply Now
The Director of Credit Risk Stress Testing and Loss Forecasting at USAA is responsible for leading and developing credit risk professionals while overseeing the assessment of risks and opportunities across the Bank's consumer portfolios. This role involves crafting quantitative analyses, influencing risk strategy, and ensuring effective risk management practices. The position requires strong communication skills to present insights to senior management and involves mentoring team members to optimize performance and deliver strategic solutions.
Responsibilities
Lead assessments of risks and opportunities across the Bank's consumer portfolios.
,
Influence Bank risk strategy by communicating analytical frameworks and insights to senior audiences.
,
Develop quantitative analysis across departments and programs.
,
Identify and lead the development of qualitative analysis for complex bank problems.
,
Challenge and recommend approval for credit and risk proposals through detailed research.
,
Develop and maintain a comprehensive risk reporting suite for management oversight.
,
Apply insights to deliver strategic decisions impacting business results.
,
Integrate risk management programs to identify, mitigate, measure, and monitor risk.
,
Mentor and provide thought leadership to team members regarding analytics and risk management.
,
Oversee recruiting, development, retention, and performance management of team members.
Requirements
Bachelor's degree or equivalent experience in a quantitative, scientific, engineering, business or technical field.
,
8 years of experience in risk analytics, framework development, and risk governance, or 6 years with an advanced degree.
,
3 years of management or leadership experience.
,
3 years of analytical experience in a financial services environment.
,
Experience influencing cross-functional partners and communicating analytical insights.
,
Experience developing risk-related reporting and providing effective challenge to senior leaders.
,
Experience leading and implementing risk management frameworks.
,
Proven knowledge of relevant laws and regulations, including OCC Heightened Standards.
,
Proficiency in analytical coding languages such as Python, SAS, or SQL.
Nice-to-haves
7-9 years of experience in dynamic risk management in large financial institutions.
,
Experience designing and implementing forecasting infrastructure for loss estimations.
,
Credit Risk Stress Testing and Credit Loss Forecasting experience.
,
Ability to communicate complex topics to non-technical audiences.
,
Deep understanding of credit risk performance drivers and statistical modeling concepts.
,
Broad knowledge of laws and regulations governing large consumer banks.
Benefits
Comprehensive medical, dental, and vision plans.
,
401(k) and pension plans.
,
Life insurance and parental benefits.
,
Adoption assistance.
,
Paid time off program with paid holidays and 16 paid volunteer hours.
,
Various wellness programs.
,
Career path planning and continuing education support.
Apply Now