Risk Analyst Intern

usaa; United States; On-site; USD 34,000 - 36,000; Full time

Benefits offered by this job

Medical, dental, vision plans

401(k) and pension

Life insurance

Parental leave

Job summary

USAA in San Antonio, TX invites you to join our Risk Analyst internship, designed to develop data-driven risk assessment and analytical skills while contributing to real business decisions.

You will work with mentors, apply foundational risk management concepts, and possibly rotate into a development program after graduation. Graduation date after Aug 13, 2027 required; start June 2, 2027 through Aug 13, 2027.

Qualifications

• Undergraduate student; expected to graduate after the internship period.
• Majors: Math, Computer Science, Business, Finance, or related field.
• 0–2 years of related experience required.
• Foundational knowledge of risk management, regulatory or operations in financial services.
• Foundational knowledge of data analysis tools and techniques.

Responsibilities

• Assist in assessing future risk, opportunities, and efficiency.
• Support development of standard methodologies to quantify risk and exposures.
• Assist with model validation activities and reporting.
• Prepare analytical materials for cross-functional discussions and governance.
• Contribute to audits, regulatory reviews, and rating agency requests.

Skills

Data analysis

Risk management

Attention to detail

Excel

Education

Bachelor's degree (Math, CS, Business, Finance)

Tools

Excel

Programming languages

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 Risk Analyst internship focuses on practicing skills that play a crucial role in identifying, assessing, and mitigating risk across USAA. You will learn real corporate world sophisticated data driven techniques and provide critical insights to advise strategic decisions. The opportunity may lead to selection into a two-year risk development rotational program following graduation. Rotational placings may vary depending on business needs.

Our internship program lets you showcase your skills, while gaining real-life experience that'll help you jump-start your career. Our interns deliver innovative solutions to real business challenges, while building enduring relationships in a collaborative culture with their manager and assigned mentor.

The internship is based at USAA Corporate Headquarters in San Antonio, TX. Interns offered full-time roles may have the opportunity to work out of one of USAA's satellite locations.

What you'll do:

• Applies foundational knowledge to support the assessment of future risk, opportunities, and efficiency.
• Applies foundational learning to help support the team in producing standard methodologies that quantify risk and aggregate exposures.
• May assist with model validation activities and model validation reporting.
• Participates in the production of analytical material needed for discussions with cross functional teams to understand sophisticated business objectives and influence solution strategies.
• Compiles communication materials pertaining to analytical results, findings and solutions for governance committees and business process owners to influence business analysis.
• Supports internal/external audits, regulatory reviews and rating agency requests.

What you have:

To qualify, you must be pursuing an undergraduate degree from an accredited college or university, and plan to graduate after the final day of the internship. Most of our interns participate the summer between their junior and senior years. Our 2027 internship will start on June 2, 2027 and last through August 13, 2027.

Graduation date cannot be prior to August 13, 2027

Pursuing a bachelor's degree in Math, Computer Science, Business, Finance, or related field at a 4-year accredited university.

0 to 2 years of related experience and accountability for simple to moderately complex tasks and/or projects required.

Foundational and conceptual knowledge of risk management, regulatory or operations experience in a relevant functional area to include banking, insurance, financial services, audit, project management, public accounting or other related operational area required.

Foundational knowledge of data analysis tools and techniques.

What sets you apart:

• Data analytical skills, risk management interest
• Detail oriented/strong organization/ self-starter
• Proficient with Excel and understanding of technological languages

Compensation range: The salary range for this position is: $25 - $26 . Interns will receive an intern stipend to assist with expenses.

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, parenta