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Manager, Risk Analytics/Modeling

Location Chicago, Illinois, United States; Westlake,Texas,United States;San Francisco,California,United States; Requisition ID 2022-83482 Category Risk & Regulatory Position Type Regular
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Your Opportunity


The Manager, Risk Analytics/Modeling will support the development of macroeconomic scenarios by applying quantitative techniques to economic and financial data to identify key macro trends and economic risks that could impact the business. This role is situated within the Financial Risk Management group and reports to the Director of Market Risk Management. This is an Individual Contributor role with no direct reports.

Workplace Flexibility Program: We're proud to support our employees in a working approach that allows you to bring your best self to work – whether that’s in the office or remote.

  • Most Schwabbies have the opportunity to voluntarily work in the office or at home based on their preference,
  • When the firm is ready to fully r\eturn to the office, employees will have the flexibility of a hybrid work environment, spending some time working remote and some time in the office.
  • Employees and managers can discuss and decide what works best for them, with additional flexibility available based on their role, business needs, and individual circumstances.

*Subject to change as Schwab is continually evaluating the current environment in order to best care for the safety and well-being of our employees.

What you are good at


Key responsibilities will include, but not be limited to:

  • Support the development of macroeconomic scenarios by staying current on economic and financial conditions, identifying key macro trends that could impact the business, and evaluating risks to the economic outlook.
  • Prepare and update economic and financial data, apply statistical techniques to analyze data, summarize data in charts and graphs, and prepare presentation materials for senior management.
  • Support all aspects of macroeconomic scenario design for CCAR Stress Testing and CECL.
  • Manage a third-party macroeconomic model by conducting performance monitoring, maintaining model and process documentation, and improving reporting processes.
  • Contribute to the maintenance of source code, data pipelines and centralized repositories that enable automated reporting and analytics.

What you have


The Manager, Risk Analytics/Modeling must have a strong understanding of macroeconomic fundamentals and quantitative and analytical techniques, including implementing these techniques in a programming environment. Furthermore, you should have experience preparing presentation materials and documentation for senior management.

The following qualifications are required:

  • Minimum of 4 years of relevant work experience
  • A Bachelor’s degree in a quantitative discipline such as economics, statistics, finance, computational mathematics, or similar fields
  • Experience conducting statistical analyses in a programming environment
  • Strong understanding of macroeconomic concepts
  • Excellent verbal and written communication skills with the ability to translate economic and statistical concepts into easily understood language
  • Self-motivated, able to multi-task and work under strict deadlines

The following qualifications are preferred:

  • Master’s degree or advanced certification
  • Experience conducting time series analysis
  • Exposure to econometric modeling
  • Experience using SQL
  • Experience with Eviews, R, Python, and/or C#
  • Knowledge of Banking or Financial services
  • Schwab is committed to building a diverse and inclusive workplace where everyone feels valued. As an equal employment 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. Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.

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 applicantaccessibility@schwab.com 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.

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