Director, ALM & Market Risk Analytics

Charles Schwab; Lone Tree (CO); On-site; USD 180,000 - 280,000; Full time

Job summary

Charles Schwab in Colorado seeks a Director in ALM & Market Risk Modeling to lead advanced risk modeling on the balance sheet and hedging strategies. You will own the PolyPaths model, supervise production runs, and partner with ALM Strategy, BAU, traders, risk partners and technology to ensure output is transparent, well-governed and decision-ready.

The role demands a deep quantitative background, extensive leadership experience, and a proven ability to automate and document models in a large

Qualifications

• 5+ years of direct people leadership/management experience.
• 8+ years of experience in a publicly traded complex financial services corporate environment with a strong track record of developing, automating and documenting models.
• 8+ years of relevant experience in balance sheet and market risk modeling.
• 8+ years of experience leveraging PolyPaths, QRM, or other ALM software for financial planning, market risk, and/or capital stress test forecasts. Direct experience administering and extending PolyPaths, QRM, or other ALM software (e.g., configuration settings, batch utilities, custom integrations/APIs) and supporting enterprise production runs
• Degree in quantitative fields such as Applied Mathematics, Financial Engineering, Engineering, Economics, or related discipline

Responsibilities

• Administer the PolyPaths system, overseeing profile management and system configuration.
• Design, implement, and support batch processing within PolyPaths Enterprise.
• Maintain comprehensive technical documentation for the PolyPaths system and manage system upgrades.
• Model both linear and non-linear hedge instruments and relationships using the PolyPaths platform.
• Manage vendor prepayment models to ensure accuracy and compliance.
• Develop and maintain models for asset-backed securities.
• Develop and maintain the model for forecasting accumulated other comprehensive income in capital stress testing.
• Lead production activities and control processes for capital stress testing.
• Enhance workflow automation and implement data quality controls supporting forecasting and market risk operations.
• Collaborate with Model Risk Oversight teams to maintain model documentation, facilitate validation efforts, and adhere to model risk management standards.
• Utilize industry research to remain informed about peer practices, vendor solutions, and regulatory developments relevant to ALM and market risk

Skills

Leadership

Balance sheet modeling

Market risk modeling

PolyPaths

QRM

Education

Degree in quantitative fields (Applied Mathematics, Financial Engineering, Engineering, Economics, or related discipline)

Tools

PolyPaths

QRM

Job description

Charles Schwab in Colorado seeks a Director in ALM & Market Risk Modeling to lead advanced risk modeling on the balance sheet and hedging strategies. You will own the PolyPaths model, supervise production runs, and partner with ALM Strategy, BAU, traders, risk partners and technology to ensure output is transparent, well-governed and decision-ready.

The role demands a deep quantitative background, extensive leadership experience, and a proven ability to automate and document models in a large