Manager, Risk Analytics

Job Description

Your Opportunity

The mission of Corporate Risk Management is to provide an integrated risk management strategy that supports delivery of predictable financial and operational performance in order to produce successful client and shareholder outcomes. Corporate Risk Management provides a second line of defense for Schwab by providing independent assessments of the firm’s risk by using models, controls and systems to measure financial, operational, compliance, and legal risks to Schwab’s business, employees, and customers.

In this role, you will have pivotal responsibilities on the Financial Risk Management team that include quantitative analysis of margin and option portfolio exposures, including: i) evaluating margin risk according to margin lending policy and ii) applying statistical techniques to quantify margin risk for reporting to management and regulators. You will also be providing models for regulatory agencies including the OCC, FINRA, and the Federal Reserve.

What you are good at

• Build solutions to financial modeling problems using various IT solutions including C#, Java, R, SQL, Continuous Integration software
• Read, analyze, and interpret government and industry standards for Margin Loan portfolios and convert them to functional models
• Contribute to an Agile software team to deliver results iteratively
• Study, analyze and utilize large data sets
• Present approaches to internal management as well as auditors and consultants
• Coordinate between Corporate Risk organization, technology, and business partners in order to achieve desired objectives
• Provide model documentation for internal and external verification

What you have

• Bachelor’s degree in Finance, Economics, Mathematics
• 3+ years of Experience coding in an objected oriented language
• 3+ years of data analysis, particularly with relational database systems
• Working knowledge of Service Oriented Architecture and Object Oriented Programming
• An interest financial modeling and trading
• Strong task management skills with the ability to effectively manage several deliverables at once and be able to identify and implement process improvements
• Excellent oral and written communication skills are essential, including a demonstrated ability to generate high quality model and procedural documentation

Nice to Have

• Experience in option and equity trading models and brokerage margin policies, particularly Black Scholes, Binomial Option Models, Value At Risk techniques, Futures SPAN margin, Monte Carlo methods, Regression
• Experience building and delivering reports via tools like Tableau
• Web programming and Javascript

Why work for us?

Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth.

Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home—today and in the future. Explore further.

Schwab is committed to building a diverse and inclusive workplace where everyone feels valued. As an Equal 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 the policy.

Schwab is an affirmative action employer, focused on advancing women, racial and ethnic minorities, veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at [email protected] or call 800-275-1281.

TD Ameritrade, a subsidiary of Charles Schwab, is an Equal Opportunity Employer. At TD Ameritrade we believe People Matter. We value diversity and believe that it goes beyond all protected classes, thoughts, ideas, and perspectives.