Manager, Market Risk Management
Your Opportunity
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. Please note: This position is M-F during standard business hours with a hybrid work model (4 days in-office, 1 day working from home). It is only available in the areas listed. Candidate must reside or be willing to relocate on their own to one of the listed areas. Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.
The Market Risk Analyst will support the Market Risk team with interest rate risk processes, including capital stress testing, board reporting, and ad hoc analysis. Responsibilities include utilizing, monitoring, and enhancing the quantitative models employed by the risk analytics team.
This role requires a candidate who possesses both technical and financial skill sets. Specifically, the ability to develop and maintain code using database and scripting tools, alongside a deep understanding of financial institution balance sheets, fixed income instruments, and derivative contracts.
Key responsibilities will include, but not be limited to:
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.
What you have
Qualifications:
The ideal candidate will possess the following:
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.
What’s in it for you
At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. 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 you are good at
What you have
Qualifications:
The ideal candidate will possess the following:
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.
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.