Director, Market Risk Management

at Charles Schwab & Company, Inc in Chicago, Illinois, United States

Job Description

Job Description: 

Charles Schwab & Company, Inc. is hiring a(n) Director, Market Risk Management (ref. Code 2024-99807 in Chicago, IL.


Duties: Analyze and measure exposure to credit and market risks threatening assets, earnings capacity, or economic state of the organization. Analyze interest rate risk for Schwab, including handling application of associated interest rates and asset-liability management models. Conduct sensitivity analysis across market risk models used to assess Schwab’s net interest revenue, economic value of equity, and other market risk metrics. Work with various quantitative groups to improve models for fixed income instruments, interest rates, deposit products, prepayment speeds from a risk perspective, and communicate market risk impacts to upper management. Construct detailed market and stress scenario analyses to assess market risk. Assess model and interest risk sensitivity across Schwab’s balance sheet line items including: fixed income securities, mortgages, derivatives, and deposit holdings. Provide insight into the functionality, capabilities, and limitations of models. Maintain documentation of modeling assumptions and methodologies, and produce presentation materials targeted at varying audiences.

REQUIREMENTS: Employer will accept a Bachelor's Degree in Financial Markets, Economics, Engineering (any), or a related field and 7 years of progressive, post-Bachelor’s experience in a related occupation. Related skills may be required.


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).

If SWA Website does NOT accept applications:



To apply, please send resume to the following email address & include the job order number visible to you above in the subject line of the email.  It is important to include the job order number in the subject line of the email. Also, include the Ref code number: 2024-99807.

To view full details and how to apply, please login or create a Job Seeker account
How to Apply Copy Link

Job Posting: 11926139

Posted On: May 24, 2024

Updated On: May 24, 2024

Please Wait ...