Senior Manager, Market Risk Management

Charles Schwab; Southlake (TX); Híbrido; USD 110 000 - 160 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

401(k) with company match and Employee

stock purchase plan

Sabbatical after 5 years

Tuition reimbursement

Health, dental, and vision insurance

Resumo da oferta

Charles Schwab seeks an experienced Market Risk Analyst to support interest rate risk processes, capital stress testing, and board reporting. You will develop and maintain models, automate risk processes, and collaborate with stakeholders to model investment strategies accurately.

The role requires 6–8 years of fixed income or market risk analytics experience, strong programming skills in Bloomberg/Python/SQL/R, and the ability to deliver rigorous analysis in a fast-paced environment.

Qualificações

• Education: A Bachelor's degree in a financial, technical, or quantitative discipline; an MBA, CFA, or similar advanced certification is preferred.
• Experience: 6 to 8 years of experience in fixed income or market risk analytics and modeling; experience with PolyPaths is preferred.
• Technical Skills: Proficiency in Bloomberg, Python, SQL, R, Power BI, and Tableau is highly beneficial.
• Core Competencies: A strong foundation in modeling and process development, complemented by programming proficiency.
• Analytical Rigor: Strong quantitative and analytical abilities with meticulous attention to detail.
• Project Management: The ability to independently manage tasks while simultaneously handling multiple assignments.
• Communication: Strong written and verbal communication skills, with the ability to clearly convey complex financial and technical concepts.

Responsabilidades

• Provide effective challenge and oversight of Treasury's market risk activities, including Net Interest Income (NII), Economic Value of Equity (EVE), and financial planning.
• Analyze the firm’s market risk position, including sensitivity analysis of NII, EVE, and duration.
• Partner with business stakeholders to understand investment strategies and product offerings to ensure they are modeled appropriately and provide effective challenge as appropriate.
• Define and maintain model inputs and assumptions for a variety of financial products.
• Develop and maintain automated processes to support market risk modeling, including providing support during the monthly production cycle.
• Develop and maintain analytical and reporting processes for market risk modeling, including valuation, benchmarking, back-testing, and result reporting.
• Test changes and enhancements to modeling applications to assess impacts on the balance sheet.

Conhecimentos

Financial modeling

Quantitative analysis

Communication

Project management

Analytical rigor

Formação académica

Bachelor's degree in financial/technical/quantitative

MBA

CFA

Ferramentas

Bloomberg

Python

SQL

R

Power BI

Tableau

Descrição da oferta de emprego

Your opportunity

At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together. Please note: This position is M-F during standard business hours with a hybrid work model (4 days in-office, 1 day working from home). It is only available in the areas listed. Candidate must reside or be willing to relocate on their own to one of the listed areas. Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.

The Market Risk Analyst will support the Market Risk team with interest rate risk processes, including capital stress testing, board reporting, and ad hoc analysis. Responsibilities include utilizing, monitoring, and enhancing the quantitative models employed by the risk analytics team. This role requires a candidate who possesses both technical and financial skill sets. Specifically, the ability to develop and maintain code using database and scripting tools, alongside a deep understanding of financial institution balance sheets, fixed income instruments, and derivative contracts.

Key responsibilities will include, but not be limited to:

• Provide effective challenge and oversight of Treasury's market risk activities, including Net Interest Income (NII), Economic Value of Equity (EVE), and financial planning.

• Analyze the firm’s market risk position, including sensitivity analysis of NII, EVE, and duration.

• Partner with business stakeholders to understand investment strategies and product offerings to ensure they are modeled appropriately and provide effective challenge as appropriate.

• Define and maintain model inputs and assumptions for a variety of financial products.

• Develop and maintain automated processes to support market risk modeling, including providing support during the monthly production cycle.

• Develop and maintain analytical and reporting processes for market risk modeling, including valuation, benchmarking, back-testing, and result reporting.

• Test changes and enhancements to modeling applications to assess impacts on the balance sheet.

What you have

Qualifications:

The ideal candidate will possess the following:

• Education:A Bachelor's degree in a financial, technical, or quantitative discipline; an MBA, CFA, or similar advanced certification is preferred.

• Experience: 6 to 8 years of experience in fixed income or market risk analytics and modeling; experience with PolyPaths is preferred.

• Technical Skills:Proficiency in Bloomberg, Python, SQL, R, Power BI, and Tableau is highly beneficial.

• Core Competencies:A strong foundation in modeling and process development, complemented by programming proficiency.

• Analytical Rigor:Strong quantitative and analytical abilities with meticulous attention to detail.

• Project Management:The ability to independently manage tasks while simultaneously handling multiple assignments.

• Communication:Strong written and verbal communication skills, with the ability to clearly convey complex financial and technical concepts.

What’s in it for you

At Schwab, you're empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration - so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you - both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance