Treasury Modeling Quant

Charles Schwab • Littleton, CO

384d

About The Position

As a Manager (AI & Data Science) at Schwab, you will lead the Product Modeling team within the Treasury & Capital Market department, focusing on data-driven deposit and margin analytics. This role involves developing and automating models for deposit/margin forecasting and pricing, generating forecasts, and providing insights to senior stakeholders. You will leverage your quantitative and programming skills to extract insights from large datasets and present findings to a diverse group of stakeholders.

Requirements

• Bachelor's degree with a strong quantitative component (Applied Math, Statistics, Economics, Physics, Financial Engineering).
• At least 5 years of work experience in a large financial company as a quantitative modeler, with consideration for graduate degrees.
• Ability to develop new models, improve existing models, and rigorously test them.
• Solid understanding of statistical and quantitative modeling concepts and practical experience using statistical techniques to extract insights from large datasets.
• Strong programming skills in a modern programming language (e.g., Python, C++) and familiarity with object-oriented coding principles.
• Experience with a modern software change management process.
• Advanced experience in extracting data from relational databases (e.g., via SQL).
• Experience in visualizing data analytics and model results.
• Strong work ethic, high self-motivation, proactive approach, attention to detail, and ability to deliver under tight deadlines.
• Excellent communication skills, both verbal and written.
• Strong inter-personal skills and a collaborative team-player.
• Advanced skills in Excel and PowerPoint.

Nice To Haves

• Graduate degree (Master of Science/Ph.D.) in a quantitative discipline (Applied Math, Statistics, Economics, Physics, Financial Engineering).
• Prior work experience in a Treasury department of a large financial firm.
• Prior experience modeling deposits, margin, and other balance sheet products.

Responsibilities

• Gain a deep understanding of forecasting models measuring market risk in financial projections for deposit products.
• Analyze large datasets to extract insights into deposit and margin products for strategic decision-making.
• Develop new models for margin and deposit products, including research and writing model white papers.
• Automate models and analytics through a modern software change management process.
• Support production runs and collaborate with downstream users of models and analytics.
• Contribute to the future state of model development infrastructure and data patterns to advance AI/ML capabilities.
• Leverage industry opportunities to enhance the organization's data science, engineering, and modeling techniques.

Benefits

• Bonus or incentive opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree