Bank Credit Risk Intern

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.

The Opportunity

The Credit Risk Analyst internship focuses on practicing skills that play a crucial role in identifying, assessing, and mitigating risk across USAA Bank. You will learn real corporate world sophisticated quantitative techniques to model and manage risks and provide critical insights to advise strategic decisions.

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 an assigned mentor.

This internship is based in San Antonio, TX.

What you'll do:

Our Bank Credit Risk Interns, work under direct supervision and following risk and compliance procedures and guidance, perform routine work assignments and problem resolution to support other team members, including the following tasks:

• Completes analytical processes to assess risks and opportunities across the Bank’s consumer portfolios.
• Supports team members to deliver bank risk strategy by effectively providing analytical insights to peers and management.
• Begins conducting quantitative analysis applying extensive internal and external data sources.
• Performs qualitative analysis to support the team in departmental decision making.
• Research credit, product, and/or risk proposals and applies critical thinking skills to provide feedback in support of strong portfolio performance outcomes.
• Learns to maintain effective risk management frameworks which can identify, measure, or mitigate risk.
• Develops, maintains, and uses established reporting to supervise and call out bank risks.
• May implement financial risk sensitivity analysis, credit and/or financial modeling infrastructure.
• Performs routine tasks and within established procedures and guidelines.

What you need to have:

To qualify, you must be pursuing a 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 2026 internship will start on May 27, 2026 and last through August 7, 2026.

• Graduation date cannot be prior to August 7, 2026
• Pursuing a bachelor’s degree at a 4-year accredited university in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative subject areas.
• Up to 2 years’ experience conducting research, applying information and analysis for work results.
• Communication/presentation experience.
• Shown high attention to detail in execution of deliverables.
• Ability to identify issues and recommend solutions to address problems.

What sets you apart:

• Pursuing a degree with a concentration in bank, finance or risk management
• Graduation date between August 2026 and July 2028

Compensation range: The salary range for this position is: $24 - $27. 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.).

USAA views its internship program as a pipeline to possible future employment. This is based on an individual’s graduation date, performance, role qualifications, and business need. To be considered for possible future employment opportunities interns must meet the full-time work eligibility requirements for any given role. Thus, interns should ensure their sponsorship status and other provided information is accurately reflected on their intern application. Inadequate completion of your application may render you ineligible for further consideration in the hiring process.

Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the hourly range based on your experience and market data of the position. The actual hourly rate for this role may vary by location.

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.

Interns may not be eligible for all benefits, for more details on our outstanding benefits, please visit our benefits page on USAAjobs.com.

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.