Manager, Market Risk Management

Charles Schwab Inc. • Southlake, TX

1d • $105,000 - $130,000 • Hybrid

About The Position

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.

Requirements

• A Bachelor’s degree in a financial, technical, or quantitative discipline.
• 3 to 5 years of analytical and modeling experience
• A strong foundation in modeling and process development, complemented by programming proficiency.
• Strong quantitative and analytical abilities with meticulous attention to detail.
• Ability to independently manage tasks and balance multiple assignments.
• Strong written and verbal communication skills, with the ability to clearly convey complex financial and technical concepts.

Nice To Haves

• market risk experience is preferred
• Experience with PolyPaths, Bloomberg, Python, SQL, R, Power BI, and Tableau is highly beneficial.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level