Charles Schwab · 18 hours ago
Manager, Risk Analytics/Modeling
US-TX-Westlake
Full-time
Onsite
Mid Level
$63K/yr - $150K/yr
3+ years expCharles Schwab is a financial services company that empowers its employees to make an impact on their careers. They are seeking a Manager of Risk Analytics/Modeling to conduct model validations, present findings, and collaborate with quantitative analysts and external consultants.
Financial Services
Responsibilities
Conduct model validations and make additional contributions to the Model Risk Oversight team
Perform model validations following guidelines based in SR 11-7, to include an assessment of model usage, documentation, conceptual soundness, data integrity, the control environment, and the software environment
Present work through formal model validations reports, as well as through presentations to model owners and senior management
Collaborative and partner with other quantitative analysts at the company, as well as with external consultants
Evaluate model performance monitoring reports, conduct model revalidation & model annual reviews, and maintain model inventory
Qualification
Required
Master's in Finance, Statistics, or a related field
36 months of experience in a related occupation
Experience involving model development and validation for financial institutions
Predictive modeling utilizing econometric and statistical methodologies, including generalized linear models, time series analysis, survival analysis, transition rate matrix, and advanced machine learning algorithms
Experience with SAS, R, Python and SQL
Model validation in credit risk (CECL/CCAR) for various portfolio types, including mortgage and HELOC
Experience with Probability of default (PD), loss given default (LGD), exposure at default (EAD), and expected loss (EL) models
Benefits
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)
Company
Charles Schwab
We have plans for every turn you take.
10001+ employees
H1B Sponsorship
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2020 (282)
Funding
Current Stage
Late StageLeadership Team
J
Jim McGreevy
Senior Project Manager
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