Bank Credit Risk Analyst 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.

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 Bank 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 assigned mentor.

This internship will be based at the USAA Corporate Headquarters in San Antonio, Texas.

What you'll do:

Our Bank Credit Risk Analyst Interns, work under direct supervision and follow 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 bachelor’s degree or higher from an accredited college or university, and plan to graduate after the final day of the internship. Most of our interns participate in 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 or higher 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:

• Graduation date between August 2027 and July 2028
• Data analytical skills, risk management interest
• Pursuing a degree with a concentration in bank, finance or risk management
• Proficient with Excel and understanding of technological languages

Compensation range: The salary range for this position is: $24 - $33 per hour. 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, 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.