Senior Risk Analytics & Modeling Lead – Onsite

Charles Schwab Corporation; Westlake (TX); On-site; USD 150,000 - 210,000; Full time

Job summary

Schwab is seeking a senior quantitative professional to lead ALM and market risk modeling initiatives on the PolyPaths platform. You will help design and validate enterprise jobs, model interest-rate derivatives, and advise on hedge accounting impacts across NII, EVE, and capital forecasts.

You will collaborate with Treasury Capital Markets, Finance, Technology, and Model Risk Oversight, establishing standards while mentoring colleagues to improve modeling practices and governance.

Qualifications

• Bachelor’s degree in a quantitative discipline.
• 5+ years in ALM, NII or EVE analytics or related fields.
• Experience modeling cash flow or hedge strategies in banking/insurance.
• Experience applying ASC 815 hedge accounting concepts.
• Hands-on experience using PolyPaths to create Enterprise jobs and run simulations.
• Experience using BatchCalc or BatchALM to automate PolyPaths workflows.

Responsibilities

• Lead enhancements, upgrades, testing, production validation for PolyPaths and Enterprise jobs.
• Model interest rate derivatives and hedging strategies; analyze impact on NII and EVE.
• Collaborate across Treasury Capital Markets, Investment Strategy, Finance, Technology, and Model Risk Oversight.
• Establish modeling standards, mentor colleagues, and translate complex concepts into insights.
• Ensure data quality, governance, and controls across production and stress-testing processes.

Skills

ALM analytics

Scenario analysis

Hedge accounting

PolyPaths

BatchCalc

BatchALM

Python

SQL

Regulatory governance

Education

Bachelor's degree

Advanced degree

Tools

PolyPaths

AppPort analytics

Job description

Schwab is seeking a senior quantitative professional to lead ALM and market risk modeling initiatives on the PolyPaths platform. You will help design and validate enterprise jobs, model interest-rate derivatives, and advise on hedge accounting impacts across NII, EVE, and capital forecasts.

You will collaborate with Treasury Capital Markets, Finance, Technology, and Model Risk Oversight, establishing standards while mentoring colleagues to improve modeling practices and governance.