Market Risk Analyst

Charles Schwab Inc. • Southlake, TX

1d • $103,500 - $180,000 • 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
• 6 to 8 years of experience in fixed income or market risk analytics and modeling
• Proficiency in Bloomberg, Python, SQL, R, Power BI, and Tableau is highly beneficial.
• A strong foundation in modeling and process development, complemented by programming proficiency.
• Strong quantitative and analytical abilities with meticulous attention to detail.
• The ability to independently manage tasks while simultaneously handling multiple assignments.
• Strong written and verbal communication skills, with the ability to clearly convey complex financial and technical concepts.

Nice To Haves

• an MBA, CFA, or similar advanced certification is preferred.
• experience with PolyPaths is preferred.

Responsibilities

• Provide effective challenge and oversight of Treasury’s market risk activities, including Net Interest Income (NII), Economic Value of Equity (EVE), and financial planning.
• Analyze the firm’s market risk position, including sensitivity analysis of NII, EVE, and duration.
• Partner with business stakeholders to understand investment strategies and product offerings to ensure they are modeled appropriately and provide effective challenge as appropriate.
• Define and maintain model inputs and assumptions for a variety of financial products.
• Develop and maintain automated processes to support market risk modeling, including providing support during the monthly production cycle.
• Develop and maintain analytical and reporting processes for market risk modeling, including valuation, benchmarking, back-testing, and result reporting.
• Test changes and enhancements to modeling applications to assess impacts on the balance sheet.

What This Job Offers

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