Model Validator Senior
Company: USAA
Location: Phoenix
Posted on: December 2, 2025
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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. The Opportunity
We are seeking a skilled individual to execute comprehensive model
risk validation oversight for the lifecycle management of models.
This includes conducting thorough model validation activities and
ensuring adherence to written risk and compliance policies and
procedures. The role requires strict independence from model
stewards (e.g., model owners, developers, implementers, users)
throughout all stages of the model's lifecycle, from development to
ongoing maintenance. 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, Plano, TX, Phoenix, AZ, Colorado Springs, CO,
Charlotte, NC, or Tampa, FL. Relocation assistance is not available
for this position. What you'll do: - Implement independent model
validation control activities for high risk in-house and vendor
models. - Leverage expert technical approaches to develop and
implement validation testing plans. - Replicate model development
and may develop challenger models through predictive modeling,
machine learning, deep learning, time-series modeling/forecasting,
stress testing, heuristic models, actuarial models, simulation,
optimization, and/or other highly specialized techniques. - Conduct
and develop plans for model testing and data quality assessments
for models using various types of datasets including those
employing large datasets and unstructured datasets. - Review at an
extensive experience level the end-to-end life-cycle management of
model development, implementation, ongoing monitoring, and use in
areas of Banking and Insurance (Property & Casualty and Life) along
with their corresponding business support functions and operational
processes. - Assess model inherent risk ratings, model
declassifications applications, the materiality of model changes,
and conducts model change validations for all types of models.
Oversee and advises the model validation work of peers. - Produce
and deliver validation reports and related validation work to model
validation management, model partners, senior leadership, and
others. - Implement the model validation process aligned with the
risk and compliance policies and procedures. Evaluate model risk
control strengths around model development, implementation, and
use. Professionally develop on emerging modeling techniques and
approaches. What you have: - Bachelor's degree in a quantitative
field, such as Economics, Mathematics, Statistics, Actuarial
Science, Data Science, Engineering, Computer Science, or a related
field with Core Quantitative Curriculum. (4 additional years of
related experience beyond the minimum required may be substituted
in lieu of a degree). - Minimum 6 years' related work experience in
model validation, model development, statistical analysis, and/or
advanced quantitative research OR Advanced degree (e.g., Master's,
PhD) in a quantitative field, such as Economics, Mathematics,
Statistics, Actuarial Science, Data Science, Engineering, Computer
Science, or Related Field with Core Quantitative Curriculum and 4
years' related work experience in model validation, model
development, statistical analysis, and/or advanced quantitative
research. - Experience driving communication verbally and in
writing quantitative/technical concepts and conclusions to
non-technical audiences, senior leadership, auditors, and/or
regulators. - Strong programming skills in R, Python, SAS, Java, C,
SQL, and/or other comparable programming languages for the
iterative methodological tenants of model and algorithm development
including setting model specifications, assumption testing, data
quality assessments, variable selection, back-testing,
benchmarking, and other robust model testing. - Extensive
Experience with at least three of the following statistical,
econometric, data science, and predictive modeling approaches:
Unsupervised Learning; K-Means; Linear Regression;
Time-Series/Forecasting; Stress Testing; Logistic Regression;
Gaussian Process; Simulation Models; Boosting/Bagging Trees; Neural
Networks; Deep Learning Concepts; Bayesian Estimators. - Strong
business context knowledge in operational and support functions of
Banking and/or Insurance as well as associated modeling and
analytics knowledge. What sets you apart: - Experience as a Pricing
/ Reserving actuary (ACAS/FCAS) and/or Structural Engineer. -
Experience in performing catastrophe risk analyses for multiple
P&C personal lines insurance products by running catastrophe
models to quantify catastrophe risk and validating catastrophe
models in accordance with Federal Reserve Guidance on Model Risk
Management (SR 11-7). - Experience in performing Disparate
Impact/Bias testing at a large consumer facing organization.
Compensation range: The salary range for this position is:
$127,310.00 - $243,340.00. 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.
Keywords: USAA, Phoenix , Model Validator Senior, IT / Software / Systems , Phoenix, Arizona
