Charles Schwab Manager, Treasury Model Development in San Francisco, California


San Francisco - CA, SF215FMT, 215 Fremont Street, 94105-2318

Keith Andrew Vogel


We believe that , when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck at over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Our Opportunity:

The Treasury Model Development and Governance (TMDG) team creates quantitative forecasts and analytics for FP&A purposes, as part of BAU and CCAR/DFAST. The team uses econometrics, predictive modeling, and statistical analytics to determine how the company’s most material exposures react under various market environments.

What you’ll do:

The Manager/Senior Manager is an individual contributor who reports to the Managing Director of TMDG and will ensure the development and documentation of all Treasury models and calculators are in accordance with the corporation’s model risk management standards. The work is performed across departmental lines, the Treasury organization, and under tight deadlines. Treasury seeks an action-oriented, strategic thinker with broad banking, treasury, and investment knowledge, and demonstrated experience developing and documenting models and calculators. The Manager/Senior Manager must be able to prioritize, communicate, and collaborate to build relationships across the company, driving Treasury model development and documentation tasks to successful completion. Develop and maintain Treasury models using sophisticated statistical analysis and variable selection;

  • Ensure the development and documentation of Treasury models and calculators are in accordance with the corporation’s model risk management standards across departmental lines;

  • Work with Treasury team and external departments to develop an understanding of the portfolio exposure;

  • Assist in development & implementation of processes that ensure Treasury models and calculators are documented in accordance with and adhere to corporate model risk management standards;

  • Review and ensure compliance with the relevant Risk and Control Self-Assessment;

  • Ensure proper remediation of process improvements, including self-identified, audit, and regulatory matters;

  • Contribute research to complex studies regarding capital, liquidity, investment yields and market risk factors;

  • Communicate and coordinate with regulatory liaison office and banking regulators, as needed;

  • Explore data science techniques that could deliver insight, for BAU purposes;

  • Ensure MRM submissions meet requirements and are delivered in a timely manner, as well as be responsible for the remediation and closure of any model findings;

  • Ensure compliance with all related policies and procedures .

What you have:

  • A Master’s degree or PhD in statistics, econometrics, engineering or mathematics (advanced degree preferred);

  • Demonstrated knowledge of econometrics model development and quantitative analysis;

  • At least two years of financial industry work experience or relevant coursework preferred;

  • Some experience and subject matter knowledge of related regulatory subject matter, including documenting models and calculators preferred;

  • Strong analytical skills and working knowledge of modeling tools preferred, for example SAS, MATLAB, C, VBA and R;

  • Demonstrated ability to create, maintain, and query complex data structures using database platforms, for example SQL;

  • Advanced skills in Excel, Word, and PowerPoint;

  • Excellent oral and written communication skills, and demonstrated experience;

  • Self-motivated and able to bring projects and reporting to conclusion;

  • High attention to detail;

  • A team player.

What you’ll get:

  • Comprehensive Compensation and Benefits package

  • Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts

  • Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program

  • Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions

  • Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships

  • Not just a job, but a career, with an opportunity to do the best work of your life

Learn more about Life@Schwab at" .

Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at 800-725-3535. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab's hiring decisions. All other submissions should be performed online.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: None

Relevant Work Experience: Financial Services-2-5 yrs, Risk Analysis

Position Located In: CA - San Francisco

Education: BA/BS

Job Type: Full Time

Category:Risk Management

Activation Date: Monday, April 23, 2018

Expiration Date: Thursday, May 24, 2018

Apply Here