USAA
USAA
USAA is a financial services company focused on serving current and former members of the U.S. military and their families. Its offerings span banking, insurance, and investment products, supported by secure digital tools and member-focused service. The company brings together teams working across financial technology, risk, operations, and customer experience to help its members manage their financial lives.

Capital Markets Analyst (Mid-Level) - USAA, Hybrid in San Antonio

Manage securitization, reinsurance, and debt transactions at USAA while supporting enterprise capital, liquidity, and funding strategies.

Description

  • Help manage USAA’s capital and liquidity strategy
  • Oversee access to external capital markets
  • Lead capital market transactions across USAA entities, including reinsurance, asset securitization, and debt issuance
  • Manage transaction execution, including structuring, underwriting, asset selection and pricing, cash flow modeling, approvals, stakeholder coordination, and due diligence
  • Negotiate transaction pricing, terms, and conditions
  • Oversee the preparation of offering documents
  • Contribute to enterprise capital and funding strategy development and evaluation
  • Assess capital markets, industry trends, capital efficiency opportunities, and alternative funding structures
  • Prepare and present analyses, recommendations, and transaction updates to senior management and key stakeholders
  • Act as the primary contact for designated capital transaction types or business lines
  • Resolve issues and remove obstacles to deliver required work products
  • Identify, assess, monitor, and control risks in line with risk and compliance policies and procedures
  • Collaborate with senior leaders and cross-functional stakeholders to assess capital solutions and inform strategic decisions

Requirements

  • Bachelor’s degree, or four years of relevant education and/or experience
  • Four years of experience in finance, treasury, capital management, or capital markets; alternatively, a CFA and two years of relevant experience
  • Proficiency with data analysis tools and techniques, including relevant technical knowledge
  • Proficiency with Microsoft Office applications
  • USAA does not provide visa sponsorship; applicants must not require immigration support now or in the future
  • Experience in the banking or insurance industry
  • Knowledge of capital management, liquidity management, or regulatory capital frameworks in banking or insurance organizations
  • Experience working with rating agencies, investment banks, institutional investors, or reinsurance counterparties
  • Ability to build executive-level relationships that influence strategy, speed decision-making, and support enterprise initiatives
  • Ability to act as a liaison and build consensus among diverse stakeholders through communication, negotiation, and influence
  • Advanced organizational skills and demonstrated accountability
  • US military experience gained through military service or as a military spouse or domestic partner

Benefits

  • Flexible work environment
  • Pay incentives based on overall corporate and individual performance, at the discretion of the USAA Board of Directors
  • Comprehensive medical, dental, and vision plans
  • 401(k) plan
  • Pension
  • Life insurance
  • Parental benefits
  • Adoption assistance
  • Paid time off program
  • Paid holidays
  • 16 paid volunteer hours
  • Wellness programs
  • Career path planning
  • Continuing education
  • Relocation assistance is not available

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