Financial Analyst I (Remote Work Location Available)

Company: USAA
Location: Cibolo
Posted on: February 25, 2021

Job Description:

Purpose of JobIndependently uses financial principles to solve moderately complex to complex business problems while performing forecasting, planning, and financial modeling related to income, profitability, liquidity, capital, leverage, asset and liability management or operating expense. Identifies and manages existing and emerging risks that stem from business activities and ensures risks are effectively identified, measured, monitored, and controlled.Analyze Retail Banking Operations financial performance, prepare management reporting and provide strategic insights to both Product Management and CFO Leadership. Develop understanding of Retail Banking product suite and operations to drive visibility to volume costing and other P&L drivers. Partner cross-functionally to generate business case analysis for strategic investments.This position will support Product Management Leadership with G&A Expense, IT Portfolio Expense, and Workforce reporting, analysis, and advice.Job RequirementsAbout USAAUSAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level.In each of the past five years, we've been a top-40 Fortune 100 Best Companies to Work For--, and we've ranked among Victory Media's Top 10 Military Friendly-- Employers 13 years straight. We embrace a robust veteran workforce and encourage veterans and veteran spouses to apply.USAA Careers - Award Winning Workplace (17 seconds)USAA Careers - World Class Benefits (31 seconds)* Develops financial forecasts/plans for a major business area or expense category; with little or no supervision, develops and implements forecasting/planning process, and model improvement initiatives.* Independently prepares recurring or ad hoc financial reports and analysis or cost benefit analysis to support and provide insights for internal and external management decision-making.* Delivers moderately complex to complex financial research and value-added business decision support and recommends or implements solutions to key financial and operational opportunities, with little to no supervision.* Responsible for product assignments, product pricing, product profitability and ad hoc analysis.* Acts as a valued business partner by providing informed, proactive analysis and business insights to enable effective decision-making and efficient resource utilization.* Acquires and applies intermediate knowledge of the business, its products and processes to resolve issues and navigate obstacles to deliver work product.* Follows written risk and compliance policies and procedures for business activities.Minimum Requirements* Bachelor's Degree in Business, Accounting, Finance, Economics, or a related discipline required OR Master's degree in Business, Accounting, Finance, Economics, or a related discipline required; 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.* If Bachelor's degree, minimum of 4 years' related experience and accountability for complex tasks and/or projects required OR If Master's degree, minimum of 2 years' financial/accounting analysis or related work experience OR If 1 year of progress towards an advanced financial degree or completion of 2 exams towards the CFA designation, minimum of 2 years' financial/accounting analysis or related work experience.* Qualifications may warrant placement in a different job level*When you apply for this position, you will be required to answer some initial questions. This will take approximately 5 minutes. Once you begin the questions you will not be able to finish them at a later time and you will not able to change your responses.Preferred Requirements* Prior experience at a medium to large retail banking institution working within a financial analysis, budgeting or forecasting function.* Demonstrated ability to establish effective internal partnerships.* Experience participating as a subject matter expert in cross-functional bank projects.* Experience identifying opportunities and facilitating significant improvements to processes and systems.* Advanced level of business acumen in the areas of the business operations, industry practices and emerging trends required.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 position. The salary range for this position is: $60,300.00 - $108,600.00.Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors.Geographical Differential: Geographic pay differential is additional pay provided to eligible employees working in locations where market pay levels are above the national average.Shift premium will be addressed on an individual-basis for applicable roles that are consistently scheduled for non-core hours.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.Please click on the link below for more details.USAA Total RewardsRelocation assistance is notavailable for this position.For Internal Candidates:Must complete 12 months in current position (from date of hire or date of placement), or must have manager's approval prior to posting.Last day for internal candidates to apply to the opening is 2/11/21 by 11:59 pm CST time.

Keywords: USAA, San Antonio , Financial Analyst I (Remote Work Location Available), Professions , Cibolo, Texas