Senior Treasury Modeling Scientist

Charles Schwab Corporation; Lone Tree (CO); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

Bonus opportunities

Job summary

Charles Schwab Corporation is hiring a Sr. Manager (Modeling Research) to join the Product Modeling team within Treasury Modeling.

The role focuses on developing forecasting, pricing, and segmentation models across deposits, margins, and on/off-balance sheet products, combining quantitative research with production-grade code. The candidate must publish quantitative research, possess PhD-level expertise in quantitative fields, and have 5+ years in a similar role.

Qualifications

• Ph.D. in Physics, Applied Mathematics, Engineering, or related quantitative field, with strong experience in building structural or mechanistic models.
• Proven track record of publishing quantitative research.
• At least 5 years of work experience, preferably in a large financial company, as a quantitative modeler with large datasets.
• Ability to develop new models, improve existing ones, and rigorously test them.
• Deep understanding of structural, statistical, and quantitative modeling concepts with interpretable drivers.
• Proven track record in developing, deploying and maintaining models.
• Strong programming skills in a modern language (Python, C++) and OO coding principles.
• Experience with a modern software change management process.
• Advanced experience in extracting data from relational databases (SQL).
• Experience in visualizing data analytics and model results.
• Strong work ethic, self-motivation, proactive approach and attention to detail.
• Excellent communication and collaboration skills.

Responsibilities

• Gain a deep understanding of forecasting models measuring market risk across balance sheet products.
• Analyze large datasets to extract insights on Schwab’s balance sheet and clients.
• Develop new models for margin and deposit products, including writing model papers and maintaining models.
• Refine structural and quantitative models using granular datasets and apply machine learning where it adds value.
• Collaborate with stakeholders and expand the organization’s capabilities in data science and modeling techniques.

Skills

Python

C++

Data manipulation

Structural modeling

Quantitative modeling

Publish research

SQL

Machine learning

Education

Ph.D. in Physics/Applied Mathematics/Engineering

Tools

SQL

Job description

Charles Schwab Corporation is hiring a Sr. Manager (Modeling Research) to join the Product Modeling team within Treasury Modeling.

The role focuses on developing forecasting, pricing, and segmentation models across deposits, margins, and on/off-balance sheet products, combining quantitative research with production-grade code. The candidate must publish quantitative research, possess PhD-level expertise in quantitative fields, and have 5+ years in a similar role.