Director, Quantitative Risk Management - Stress Testing

usaa; United States; On-site; USD 180,000 - 240,000; Full time

Job summary

USAA is seeking a Director of Quantitative Risk Management - Stress Testing to lead a team of quantitative professionals. The role designs and enhances capital stress testing programs, develops analytical models, and challenges methodologies to align with regulatory expectations and business objectives.

You will steer cross-functional initiatives, automate processes, and provide actionable insights to inform senior leadership decisions.

Qualifications

• 8 years of quantitative analysis experience in risk management or related field.
• 2 years of direct team lead or management experience.

Responsibilities

• Leads teams that utilize advanced analytics to assess future risk, opportunities, and effectiveness.
• Translates results into meaningful solutions to enhance decision making.
• Presents results to leadership and influences key risk decisions.
• Oversees risk measurement and aggregation of exposures with best practices.
• Manages model governance and validation activities as needed.
• Develops and automates risk analytics processes for efficiency and accuracy.
• Communicates findings to governance committees and executives clearly.

Skills

Python

Visual Studio Code

Tableau

Stress testing

Scenario design

Model development

Quantitative analysis

Risk management

Stakeholder management

Education

Bachelor's degree or higher in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or related field

Tools

Python

Visual Studio Code

Tableau

Job description

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 #1 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.

We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.

The Opportunity

The Director, Quantitative Risk Management - Stress Testing leads the design, execution, and enhancement of capital stress testing programs that support effective risk management and association-level decision‑making. This role leads a high‑performing team of quantitative professionals responsible for developing analytical models, assessing the impact of severely adverse scenarios aligned with USAA's unique risk profile, and providing effective challenge of assumptions, qualitative methodologies, management overlays, and stress testing results. The Director shapes risk management practices across business unit and association levels, ensuring methodologies, governance, and controls align with regulatory expectations and organizational objectives.

The successful candidate brings deep expertise in stress testing, scenario design, econometric modeling, accounting, and quantitative risk management within a financial services environment. They drive continuous improvement by enhancing methodologies, strengthening review and challenge practices, automating processes, and reinforcing controls to improve efficiency, accuracy, and compliance. Leveraging advanced analytical techniques and tools such as Python, Visual Studio Code, and Tableau, this leader delivers actionable insights on key risk drivers, sensitivities, and uncertainties that inform business and risk decisions. The role requires strong stakeholder management skills, extensive governance knowledge, and the ability to lead cross‑functional teams through regulatory change, ambiguity, and increasing analytical complexity.

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, or Colorado Springs

Relocation assistance is not available for this position.

What you'll do:

• Leads teams that utilize advanced analytics to assess future risk, opportunities, and effectiveness.
• Translates results into meaningful solutions to enhance decision making.
• Presents results to various levels of leadership and influences key decisions that have business unit or enterprise impact.
• Utilizes industry best practices to quantify risk and aggregate exposures.
• Oversees the development of complex systems and programs that measure aggregate risk exposures.
• May oversee model validation and model governance efforts.
• Applies innovative and scientific/quantitative analytical approaches to draw conclusions and make recommendations to answer business objectives and drive change.
• Oversees the production of advanced analytical material for discussions with cross functional teams to understand complex business objectives and influences solution strategies.
• Effectively communicates analytical results, findings and solutions to governance committees, senior leaders, regulatory bodies and the USAA Board of Directors.
• Interacts with internal and external stakeholders during audits, regulatory reviews and/or rating agency requests.
• Educates risk owners on risk management best practices and may work with other risk functions in the development and implementation of risk controls

What you have:

Bachelor's degree in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or related field; OR 4 years of relevant education and/or experience.

Experiences that will support your success:

• 8 years related quantitative analysis experience in a discipline relevant to risk management to include financial analysis, statistical analysis, modeling, mathematics or other quantitative discipline; OR advanced degree/designation in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative discipline and 6 years of work experience in a quantitative discipline relevant to risk management; OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative discipline and 4 years of work experience in a quantitative discipline relevant to risk management.
• 2 years of direct team lead or management experience.

What sets you apart:

• Advanced experience in stress testing, scenario design, model development, and quantitative analysis within a financial services or risk management environment.
• Demonstrated expertise in reviewing and challenging modeling assumptions, qualitative methodolog