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
We are currently seeking a dedicated Credit Risk Reviewer Intermediate to participate in Hiring Our Heroes (HOH) Fellowship Cohort [25-3] with USAA. The HOH Fellowship Program builds an extraordinary experience for transitioning service members, veterans, and military spouses that increase competitiveness and improve opportunities to find meaningful employment by providing development, skills, and exposure to corporate working environment and private sector business operations. HOH Fellowship Programs are best-in-class workforce development programs that are cohort based and twelve weeks in duration.
As a participant in the Military Fellowship Program, we understand that in most cases Fellows are ending their active service commitments and actively relocating. Therefore, while participating in the Fellowship program, Fellows are authorized to work remotely. If selected for full time employment, 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, or Plano, TX. Relocation assistance is not available for this position.
Conducts credit risk review assignments aligned to the Credit Risk Review (CRR) business plan. Provides independent review and credit risk assessments including risk identification, measurement, monitoring, reporting, and oversight. Evaluates the appropriateness and effectiveness of credit risk management practices and processes.
What you'll do:
- Performs CRR work and analysis, including development of test objective and approach, to achieve sound conclusions. Implements assigned CRR test steps accurately, timely, and professionally, in support of the CRR business plan and priorities. Provides conclusions and recommendations to Reviewer-in-Charge (RIC) and takes appropriate action with recommendations.
- Reviews, analyzes, and interprets data collected from multiple sources to ensure valid conclusions are drawn during testing and risks associated with business activities are effectively identified, measured, monitored, and reported. Reports and brings up credit risks to the RIC or Senior Review Manager.
- Attends, participates, and contributes in team activities such as planning, scoping, business walkthroughs, review of risk assessment, and testing for assigned areas of responsibility.
- Develops, maintains, and demonstrates an understanding of CRR policies, procedures, guidelines, and strategic direction, in tandem with regulatory guidance.
- Accountable for own workpaper documentation within quality standards, timely and accurately. Demonstrates understanding of portfolio issues, trends, and root causes to manage credit portfolios effectively. Identifies root causes to develop clear and concise recommendations.
- Communicates effectively, verbally and written, to share findings and results with the RIC, team members, and partners.
- Contributes in teams to identify, assess, aggregate, and mitigate current and emerging credit risk events.
- Applies increasingly mature knowledge to participate in producing analytical material for discussions with teams to evaluate credit risk and monitor adherence with policies and strategies.
- Collaborates closely with the RIC and Data Analytics colleagues to fulfill data requests, validate accuracy, and perform testing and analysis. Works within the CRR team to understand and define opportunities and recommends solutions by analyzing increasingly complex data and providing key insights to inform decisions.
- Monitors the credit risk environment and provides effective challenge to internal and external partners to ensure that exposures are kept at acceptable levels.
What you have:
- Bachelor's degree in business or a relevant field such as Finance, Economics, Accounting, or Business Administration or Four additional years of related experience beyond minimum required may be substituted in lieu of bachelor’s a degree
- 2 years’ CRR, audit, credit risk management, credit underwriting, or regulatory experience in banking or financial services.
- Experience applying risk, audit, or compliance acumen in a business or professional environment.
- Experience effectively communicating with colleagues and business partners.
- Ability to apply policies, procedures, and guidelines to work product deliverable
What sets you apart:
- Current participant in the Hiring Our Heroes Fellowship Programs 25-3 Cohort or a current contractor at USAA from the 25-2 HOH Non-direct cohort.
Compensation range: Hiring Our Heroes Fellows are paid by the HOH program. If selected for a full-time role, the salary range for this position is: $63,590 - $121,300.
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, 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.
For more details on our outstanding benefits, 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.
