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 CorporationConstruct detailed market and stress scenario analyses to assess market and capital riskPresent scenario results to senior management on a regular basisValue fixed income, mortgage and derivative securitiesGenerate risk metrics that are reported to a number of senior management risk committeesWork 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 managementProvide insight into model functionality, capabilities, and limitationsMaintain documentation of modeling assumptions and methodologiesProduce presentation materials targeted at varying types of audiences What you haveTo ensure that we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have.
Required Qualifications:
2+ years of experience in fixed income valuation analytics at a financial institutionBachelor's degree requiredSelf-motivated and able to support initiatives and projects with persistent inquiryStrong attention to detail, analytical and quantitative skillsStrong written and verbal communication skillsPreferred Qualifications:
2+ years of experience in banking or insurance with an emphasis on a combination of ALM, derivative valuation and capital adequacy assessmentDegrees in Finance, quantitative field or CFA designation preferredExperience with 3rd party ALM applications such as, Polypaths, Bancware or QRMSQL is desired but not required Options Apply for this jobApplyShareRefer a friendRefer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Why work for us?Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth.
Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home—today and in the future. Application FAQs
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