Charles Schwab

Sr Manager, Risk Analytics/Modeling

Charles Schwab$120K — $150K *
Finance & Insurance
15+ years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Finance, Mathematical Finance, or related field
  • 5 years of progressive experience in a related role
  • Proficient in SQL for developing and debugging complex queries
  • Skilled in C# for application development and maintenance
  • Experience in Python for data processing and workflow development
  • Knowledge of financial modeling including options pricing
  • Familiarity with data visualization tools and creating dashboards

Responsibilities

  • Develop quantitative risk tools utilizing C#, Python, and SQL
  • Conduct end-to-end data science projects focused on financial crime
  • Review and convert government and industry standards into functional models
  • Provide comprehensive model documentation for governance and validation
  • Analyze large data sets for insights and enhanced decision-making
  • Work collaboratively within an Agile software team for iterative results
  • Present findings and methodologies to management, auditors, and consultants

Benefits

  • 401(k) with company match
  • Employee stock purchase plan
  • Paid vacation and volunteer days
  • 28-day sabbatical after every 5 years of service
  • Paid parental leave and family building benefits
  • Tuition reimbursement
  • Health, dental, and vision insurance
  • Hybrid/remote work schedule available for eligible positions
Full Job Description
Job Duties: Develop and maintain quantitative risk tools using various IT solutions including C#, Python, SQL, Continuous Integration software. Complete end-to-end data science projects solving trading and financial crimes problems. Read, analyze, and interpret government and industry standards for Margin Loan portfolios and convert them to functional models. Provide model documentation for internal and external governance, validation, and oversight. Study, analyze and utilize large data sets. Contribute to an Agile software team to deliver results iteratively. Present approaches to internal management as well as auditors and consultants. Coordinate between Corporate Risk organization, technology, and business partners to achieve desired objectives.

What you have

Job Requirements: Requires Bachelor’s in Finance, Mathematical Finance, or a related field and 60 months of progressive, post-Bachelor’s experience in a related occupation. . Experience must include 60 months of experience involving the following: SQL including develop, debug complex SQL queries; C# with developing and maintaining programs and applications; Python programming for data processing and workflow development; Financial modeling with options pricing using Black-Scholes or other models; Building statistical or machine learning models using frameworks in Python; Data cleaning, missing data imputation, statistical transformations for time-series data, and data validation workflows; Perform risk analysis using Value-at-Risk or other simulation techniques; and Data visualization tools to create dashboards, including Python dashboards. 

 

We offer competitive pay and benefits. Starting compensation depends on related experience. Annual bonus and other eligible earnings are not included in the ranges above. Benefits include: 401(k) w/ company match; employee stock purchase plan; paid vacation, volunteering, 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; hybrid/remote work schedule available for eligible positions (subject to Schwab’s internal approach to workplace flexibility).

About Charles Schwab

Charles Schwab is a financial services company that provides a full range of securities, brokerage, banking, money management, financial advisory, investor, and retirement plan services. It operates in four main divisions; investing, wealth management, banking, and trading. Charles Schwab provides a full-service brokerage platform that serves individual investors who invest on their own or through a workplace-sponsored retirement or equity plan, as well as banking through Schwab Bank. The firm was founded in 1973 and is headquartered in San Francisco, California.

Charles Schwab Careers

Join the vibrant team at Charles Schwab, a leader in global finance, where your career is propelled by innovation, leadership, and a commitment to diversity and professional growth. At Charles Schwab, we offer more than just job opportunities; we provide a platform for you to make a significant impact on the industry and our clients' lives.

Work You’ll Do

At Charles Schwab, we are dedicated to helping our clients manage their financial futures. Being part of our team means you'll work alongside some of the most skilled professionals in the financial services industry. Our culture thrives on teamwork, integrity, and relentless dedication to our clients. Whether you're looking for a position in financial consulting, technology, or administrative support, Charles Schwab offers a dynamic work environment where your skills will be honed and your achievements recognized.

Innovate and Lead

Embrace the opportunity to lead through innovation. Charles Schwab’s commitment to technology and innovation is fundamental to our service delivery. By joining our team, you will be at the forefront of developing new solutions that redefine the future of finance. Your leadership can guide significant projects that impact our company and the industry.

Grow Your Career

Charles Schwab believes in fostering the growth of its employees. Whether through professional development programs, diversity training, or leadership workshops, we ensure that our team members receive the support and training they need to advance their careers. With a variety of career paths available, your job at Schwab can evolve with your interests and expertise.

Internship and Employment Opportunities

Start your professional journey with Charles Schwab through our internship programs or full-time employment opportunities. We seek individuals who are passionate, curious, and ready to drive change. A career at Schwab is not just about having a job; it's about building a lasting relationship with a company that values your potential.

Benefits and Culture

Charles Schwab is renowned for its employee-friendly culture. We offer a comprehensive benefits package that supports the health, financial stability, and work-life balance of our team members. From competitive salaries and bonuses to health insurance and retirement plans, Schwab ensures that your career is as rewarding as it is enriching.

Networking and Professional Development

Expand your professional network and enhance your skills through our various networking events, mentorship programs, and training sessions. At Charles Schwab, we believe in leveraging collective expertise to foster learning and innovation. Engage with leaders, gain insights from experienced professionals, and build relationships that will aid your career trajectory.

Join Our Team

Explore the numerous career paths available at Charles Schwab and discover how your talents can be utilized to their fullest potential. Search open positions that match your skills and interests. We are continuously hiring across various disciplines and look forward to adding innovative, driven individuals to our team.

Stay Connected

Keep up to date with the latest from Charles Schwab Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and be the first to know about new openings, company news, and professional tips.

Explore Charles Schwab Jobs

Ready to take the next step in your career? Visit our careers page to review current job openings, submit your resume, and prepare for your interview. At Charles Schwab, your future is waiting. [SEARCH CHARLES SCHWAB JOBS] Join Charles Schwab today and be part of a team that values diversity, innovation, and leadership—where your career can thrive in the exciting world of finance.
Learn more about Charles Schwab
Size
34,200 employees
Market Cap
$151.6 billion
Industry
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ

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