Senior Risk Analytics & Modeling Lead

Charles Schwab; Southlake (TX); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

401(k) with company match

Employee stock purchase plan

Paid vacation and sabbatical after 5+1

Parental leave and family benefits

Tuition reimbursement

Health, dental, vision insurance

Job summary

Charles Schwab seeks a senior quantitative professional to lead modeling enhancements for PolyPaths and Enterprise jobs. You will model fixed‑income securities, construct yield curves, and analyze hedging strategies, with focus on NII, EVE, and capital forecasts.

You will collaborate across Treasury, Finance, Technology, and Model Risk Oversight to ensure production quality and governance. The role requires advanced quantitative expertise, ASC 815 hedge accounting knowledge, and hands-on

Qualifications

• Bachelor’s degree in Applied Mathematics, Engineering, Finance, Economics, Statistics, Computer Science, or a related quantitative discipline.
• 5+ years of professional experience in asset liability management, net interest income or economic value of equity sensitivity analytics, scenario analysis, or an equivalent combination of professional experience and graduate studies.
• Experience modeling cash flow or fair value hedging strategies within a major banking or insurance organization.
• Experience applying ASC 815 hedge accounting concepts, including accumulated other comprehensive income, other comprehensive income amortization, basis adjustments, or gain and loss forecasting.
• Hands-on experience using PolyPaths to create Enterprise jobs, model fixed-income securities, construct yield curves, perform AppPort analytics, and review or troubleshoot asset liability management simulation runs.
• Experience using BatchCalc, BatchALM, or distributed processing to automate processes within the PolyPaths environment.

Responsibilities

• Lead enhancements, upgrades, testing, production validation, and issue resolution for PolyPaths and its Enterprise jobs.
• Model interest rate derivatives and hedging strategies, evaluate hedge accounting and AOCI impacts, analyze NII, EVE, capital, and forecasts.
• Collaborate with Treasury Capital Markets, Investment Strategy, Finance, Technology, Model Risk Oversight, and vendor teams to solve platform and modeling challenges.
• Establish modeling standards, mentor colleagues, and translate complex concepts into actionable insights for sound decisions.

Skills

Asset liability management

Net interest income analysis

Economic value of equity analysis

Scenario analysis

Problem solving

Mentoring/leadership

Cross-functional collaboration

Education

Bachelor’s degree in quantitative field

Advanced degree in quantitative discipline

Tools

PolyPaths

BatchCalc

BatchALM

Python

SQL

Job description

Charles Schwab seeks a senior quantitative professional to lead modeling enhancements for PolyPaths and Enterprise jobs. You will model fixed‑income securities, construct yield curves, and analyze hedging strategies, with focus on NII, EVE, and capital forecasts.

You will collaborate across Treasury, Finance, Technology, and Model Risk Oversight to ensure production quality and governance. The role requires advanced quantitative expertise, ASC 815 hedge accounting knowledge, and hands-on