Senior Risk Analytics & Modeling – Hybrid Role

Charles Schwab; Westlake (TX); On-site; USD 140,000 - 190,000; Full time

Benefits offered by this job

401(k) with match

Health insurance

Tuition reimbursement

Paid time off

Job summary

Charles Schwab is seeking a senior ALM/Market Risk Modeling professional to lead PolyPaths enhancements, validate production workloads, and improve hedging strategies across portfolios. You will collaborate with Treasury, Finance, and Technology to ensure robust modeling standards and governance.

The role emphasizes model accuracy, data quality, and scalable infrastructure to support critical business decisions and capital stress testing.

Qualifications

• Bachelor's degree in Applied Mathematics, Engineering, Finance, Economics, Statistics, Computer Science, or related quantitative discipline.
• 5+ years in asset liability management, net interest income or economic value of equity analytics, or equivalent experience.
• Experience modeling cash flow or fair value hedging within a major banking/insurance organization.
• Experience applying ASC 815 hedge accounting concepts, including AOCI, amortization, basis adjustments, or gain/loss forecasting.
• Hands-on experience using PolyPaths to create Enterprise jobs, model fixed income securities, build yield curves, and-review ALM simulations.
• Experience using BatchCalc, BatchALM, or distributed processing to automate PolyPaths processes.

Responsibilities

• Lead enhancements, upgrades, testing, and production validation for PolyPaths and Enterprise jobs.
• Model interest rate derivatives and hedging strategies, evaluate hedge accounting and AOCI impacts.
• Collaborate across Treasury Capital Markets, Investment Strategy, Finance, Technology, and Model Risk Oversight.
• Mentor colleagues and translate complex concepts into actionable insights for decisions.

Skills

Financial modeling

Hedging analytics

Risk assessment

Cross-functional collaboration

Education

Bachelor's degree in quantitative field

Advanced degree (MS/PhD) preferred

Tools

PolyPaths

BatchCalc

BatchALM

Python/SQL

Job description

Charles Schwab is seeking a senior ALM/Market Risk Modeling professional to lead PolyPaths enhancements, validate production workloads, and improve hedging strategies across portfolios. You will collaborate with Treasury, Finance, and Technology to ensure robust modeling standards and governance.

The role emphasizes model accuracy, data quality, and scalable infrastructure to support critical business decisions and capital stress testing.