Senior Quantitative Risk Analyst (AML Modeling and Analytics)(Remote Work Available)
Company: USAA
Location: Denton
Posted on: June 12, 2022
Job Description:
Purpose of JobThe Quantitative Risk Analyst Senior is
responsible for the quantitative framework of the risk management,
in particular AML/BSA, Fraud and compliance risk modeling
development. This includes responsibility for developing analytics
framework of the risk management system, employing quantitative
models and cutting-edge technologies, and delivering end-to-end
solutions utilizing this framework.
We are looking for an experienced professional with strong coding
abilities, quantitative skills and financial markets knowledge,
preferably having statistical and machine learning modelling
expertise. Solid analytical skills, good communications, and being
able to work well independently or as part of team are critical for
this role.
Community: Risk Management Jobs that are part of a community have
unique requirements established to maintain consistent application,
usage and reporting structure. Please reach out to your HR Business
Partner for additional information on specific requirements prior
to posting and/or employee placement into this job. Provides risk
management support for a line of business or staff agency in key
risk identification, measurement and aggregation, and the
understanding and management of risk through appropriate
quantitative and analytical practices and processes. Conducts and
develops quantitative and analytic models, assessments and/or
applications in support of risk management efforts that assess the
market and identify risks and gaps in existing or proposed
processes. Monitors the risk and control environment to ensure that
exposures are kept at acceptable levels and may consult on risk
mitigation plans.
This position is available in our San Antonio, TX, Plano, TX,
Charlotte, NC or 100% Remote Work from Home availability.Job
RequirementsAbout USAAUSAA 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.Primary
Responsibilities:
- Utilizes advanced analytics to assess future risk,
opportunities, and effectiveness and translates results into
meaningful solutions to enhance decision making.
- Applies advanced knowledge and industry best practices 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 drive 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.Minimum Requirements:
- Bachelor's degree in Economics, Finance, Statistics,
Mathematics, Actuarial Sciences, or other quantitative discipline.
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
discipline relevant to risk management to include statistical
analysis, modeling, mathematics or other quantitative discipline.
OR advanced degree/designation in Economics, Finance, Statistics,
Mathematics, Actuarial Sciences, or other quantitative discipline
and 4 years work experience in a quantitative discipline relevant
to risk management. OR PhD in Economics, Finance, Statistics,
Mathematics, or other quantitative discipline and up to 2 years
work experience in a quantitative discipline relevant to risk
managementPreferred Experience:
- Experience in fraud or compliance risk modeling development
- Strong SAS, SQL, R, and/or Python programming
- Experience with visualization business intelligence tools
(BI)
- Experience working with business and risk control
- Ability to communicate complex concepts to all levels
- CAMS CertificationCompensation: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: $88,200.00 - $158,900 *(this does not include
geographic differential it may be applied based on your work
location)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
not available for this position.Required
Keywords: USAA, Denton , Senior Quantitative Risk Analyst (AML Modeling and Analytics)(Remote Work Available), Professions , Denton, Texas
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