At USAA, our mission of serving the military community is more than just words – it’s the driving force behind everything we do. And it’s why our 37,000 employees work so hard to make us the military community’s provider of choice for financial products and services. Whether you have a military connection or simply share our passion for helping military families, we’re always looking for talented individuals to join our growing team. Details below.
The Opportunity
We are seeking an experienced Investment Portfolio Strategist Lead with a specialized focus on Private Credit to manage and guide investment portfolios. This role is responsible for ensuring portfolios align with the organization’s financial objectives, demonstrating deep expertise in private credit markets and strategies. The ideal candidate will analyze investment opportunities, make informed recommendations, and ensure strict compliance with company policies and regulatory requirements. This position requires close collaboration with senior leadership and cross-functional teams, including risk, legal, tax, accounting, treasury, and compliance, to support sound investment decisions and optimize portfolio performance within the private credit landscape.
This role is remote eligible in the continental U.S. with occasional business travel. However, individuals residing within a 60-mile radius of a USAA office will be expected to work on-site four days per week.
What you’ll do:
- Conducts analysis of complex portfolios, strategies and trends on a regular basis and ad hoc analysis as required in response to internal, external and senior management inquiries.
- Meets with third party managers and evaluates investment performance with respect to their mandate.
- Makes recommendations on portfolio strategy.
- Analyzes and recommends changes in portfolio positions and strives for continuous improvement in the efficiency of the analysis process.
- Maintains ongoing dialogue and strong relationships with the Treasury, Tax, Accounting, Compliance, Enterprise Risk, and other areas to make sure that investment information is communicated in a concise and timely manner.
- Advises senior executives, and other areas on matters regarding investment strategy, investment tax strategies, economic environment, and other business information to facilitate the financial strength of USAA.
- Stays knowledgeable of the business, understands how financial market conditions drive investment performance.
- Leads cross functional teams in strategy development and implementation of business solutions or key initiatives.
- Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
What you have:
- Bachelor’s degree in Finance, Accounting, Economics, or quantitative field; OR 4 years of relevant education and/or experience.
Experiences that will support your success:
- 4 or more years of related experience and accountability for complex tasks and/or projects required within a financial services organization.
- Advanced knowledge of financial markets and emerging risks impacting investment portfolio performance, specifically within private credit.
- Experience conducting thorough due diligence on direct investment opportunities and third-party investment managers specializing in private credit. Analyze market trends, economic conditions, and specific credit risks to provide strategic recommendations for portfolio construction and asset allocation.
- Advanced knowledge of complex asset classes such as asset-backed securities, mortgage-backed securities, and/or alternative investments is preferred.
- Experience preferred in selecting and managing 3rd party investment managers in a multi-asset portfolio.
- Experience with legal contracts pertaining to external investment managers and investment services.
What sets you apart:
- US military experience through military service or a military spouse/domestic partner
Compensation range: The salary range for this position is: $164,780 – $314,960.
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.
Message from Allocator Jobs: To help prepare you for this role, take a look at the Institutional Allocator (IA) program from our partnership organization, the Allocator Training Institute. The IA program curriculum gives you a solid foundation of investing from the allocator’s perspective. You’ll learn how to evaluate investment managers, create an ‘endowment-model’ multi-asset class portfolio, and the quantitative tools necessary to succeed in the role. The three-part program can be completed in less than one year and exams are available every quarter-end month. This is the program that will help you start and then accelerate your allocator career. Reach out if you have any questions.
