Manager, Market Risk Management

About the role

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.

Schedule

This position is Monday‑Friday during standard business hours with a hybrid work model (4 days in‑office, 1 day working from home).

Responsibilities

• Develop and maintain automated processes to support the modeling of Net Interest Income (NII) and Economic Value of Equity (EVE), including support for the monthly production cycle.
• Design, execute, and support analytical processes used to evaluate and report on model results, including valuation, benchmarking, and back‑testing.
• Provide effective challenge and oversight of Treasury’s market risk activities, including assessing their modeling processes, inputs, outputs, and controls.
• Test changes and enhancements to modeling applications to assess impacts on model outputs, reported results, and related automated processes.
• Liaise with technology partners regarding the Market Risk team’s processes and technology needs.
• Perform interest rate, prepayment, and related risk analysis for fixed income securities and derivative contracts.

Qualifications

• Education: A Bachelor’s degree in a financial, technical, or quantitative discipline.
• Experience: 3 to 5 years of analytical and modeling experience; market risk experience is preferred.
• Core Competencies: A strong foundation in modeling and process development, complemented by programming proficiency.
• Analytical Rigor: Strong quantitative and analytical abilities with meticulous attention to detail.
• Technical Skills: Experience with PolyPaths, Bloomberg, Python, SQL, R, Power BI, and Tableau is highly beneficial.
• Project Management: Ability to independently manage tasks and balance multiple assignments.
• Communication: Strong written and verbal communication skills, with the ability to clearly convey complex financial and technical concepts.

Benefits

• 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