Sr Specialist, Market Risk Management

** Your opportunity*
* At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.

** Job Duties** :
Develop, maintain, and monitor quantitative models to assess financial risks and impacts. Maintain in-house models and utilize/monitor the third-party quantitative models employed by the risk analytics team to estimate the potential impact on Schwab's financial statements resulting from various future economic outcomes. Perform prepayment and credit risk analysis for Asset-backed securities through quantitative perspective, which includes Capital Stress Testing, Board Reporting, and ad hoc analysis.

Support process improvement initiatives, including the automation of analytic and reporting processes. Present results and model performance to stakeholders and model risk oversight on a routine basis. Provide advanced analytical expertise to support the development, validation, monitoring, reporting and documentation of stress testing, CCAR models. Manage and update model assumptions as well as conduct scenario and sensitivity analysis on key assumptions.

** What you have*
* ** Job Requirements** :
Master's degree in Finance, Business Analytics & Information Management, or a related field and 12 months of experience in a related occupation.. Experience must include 12 months of experience involving the following:
Program data processing and analytical workflows using Python, R, C++, SAS, or Azure; SQL for querying and manipulating relational databases, including CTEs, window functions, and schema design;
Business intelligence tools Tableau and Power BI;
Managing code and model versioning using Git;
Machine learning techniques, model evaluation, and statistical methods, including regression, classification, clustering, time series, and econometrics; and Managing full software development cycles using tools Visio and JIRA. .

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).

** What's in it for you*
* At Schwab, you're empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration-so you can build the skills to make a lasting impact. Our  Hybrid Work and Flexibility  approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive  benefits package  that takes care of the whole you - both today and in the future:

+ 401(k) with company match and Employee stock purchase plan

+ Paid time for vacation, volunteering, and 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

What's in it for you:

At Schwab, we're committed to empowering our employees' personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you'll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you - both today and in the future:

401(k) with company match and Employee stock purchase plan

Paid time for vacation, volunteering, and 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

Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected 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 appl or call .