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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.

This role is within Corporate Risk Management and responsible for assessing and reporting on market and capital risk across all entities of the Charles Schwab Corporation, including Charles Schwab Bank. The position requires working with senior leadership, Treasury, Financial Planning & Analysis and various regulatory organizations to develop and communicate market and investment risk across Charles Schwab Corporation. **This is an Individual Contributor role with no Direct Reports. This role reports to the Director, Market Risk Management** .

What you’ll do:

+ Perform Interest Rate Risk and Capital Risk analysis for Charles Schwab Corporation.

+ Independently construct detailed market and stress scenario analyses to assess market and capital risk.

+ Present scenario results to senior management on a regular basis.

+ Value fixed income, mortgage and derivative securities.

+ Generate risk metrics that are reported to a number of senior management risk committees.

+ Work with various quantitative groups to enhance models for fixed income instruments, interest rate, deposit products and prepayment speeds from a risk perspective and communicate market risk impacts to upper management.

+ Provide insight into model functionality, capabilities, and limitations.

+ Maintain documentation of modeling assumptions and methodologies.

+ Produce presentation materials targeted at varying types of audiences.

What you have

To ensure that we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have.

Required Qualifications:

+ Bachelor's degree required

+ 4+ years of experience in banking, insurance or a financial services firm, preferably with an emphasis on a combination of ALM, derivative valuation and capital adequacy assessment

+ Experience with interest rate risk management, Financial Planning & Analysis (FP&A), and or asset liability management preferably with ALM applications such as Polypaths, Bancware or QRM

+ Knowledge of financial services industry, along with finance & accounting principles and concepts

+ High proficiency in Microsoft Excel skills, with an understanding of financial modeling best practices

+ Self-motivated and able to support initiatives and projects with persistent inquiry

+ Strong attention to detail, analytical and quantitative skills

+ Self-motivated and able to bring projects to their conclusion and maintain models with persistent inquiry

+ Strong written and verbal communication skills

**Preferred Qualifications** :

+ Degrees in Finance, quantitative field or CFA designation preferred

+ SQL is desired but not required

+ Exposure to mortgage prepayment and deposit modeling

What’s in it for you

At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. 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

What’s in it for you:

At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. 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

Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at [email protected] or call 800-275-1281.