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Director, Data Scientist (People Leader)

Location San Francisco, California, United States; Lone Tree,Colorado,United States;Austin,Texas,United States;Westlake,Texas,United States;Omaha,Nebraska,United States;Chicago,Illinois,United States;Other,California,United States; Requisition ID 2022-82275 Category Data Analytics and Strategy Position Type Regular CO Salary Range 126,500 - 278,300
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Your Opportunity


The Deposits and Margin Strategy and Analytics team is responsible for product analytics related to deposits and margin, for Charles Schwab Bank and for the brokerage Charles Schwab and Co. Inc.

The team consists of people with data science and econometrics/statistical backgrounds as well as some with more traditional strategy or consulting/finance backgrounds.

We are seeking a Director of Cash Strategy and Analytics. This role is responsible for driving strategy, analytics, forecasting, pricing and other work related primarily to Schwab’s sweep deposits (uninvested cash in brokerage accounts) which are the largest category of deposits at Schwab.

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 return 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


The Director’s responsibilities will include data-driven diagnostics of deposits, cash balance forecasting, deposit pricing analysis, regulatory analysis, and business strategy recommendations related to cash. This position is hands-on: the Director should be skilled technically and is expected to be actively involved with their staff in preparing analyses, reports and recommendations.

This role has a broad scope and the Director traditionally acts as a primary firm-wide subject matter authority and resource related to decisions about sweep deposits at Schwab.

What you have


Individuals must have good partnership and collaboration skills as work typically requires a coordinated effort with team members and cross-functional business partners, including Planning, Treasury, Enterprise Finance, and the Sweep Product Team. Members of the team who are highly successful demonstrate the ability to combine solid data analysis skills with strategic thinking.

In addition to soft skills, technical skills should include, at a minimum, a quantitative background, high proficiency in Excel, knowledge of SQL preferred, strong Powerpoint skills, and the ability to communicate data-driven insights. Beyond that, all of the following possible backgrounds are strong pluses and will be considered as part of the overall talent mix on the team:

  • Statistical modeling e.g. in R or Python
    • While it is not technically needed to have a statistical modeling background in this role, it is advantageous. The Director at minimum should be confident working with modelers in a reciprocal environment
  • Prior experience with sweep cash analytics
  • Prior experience with deposit or margin product analytics
  • Banking or finance background
  • Tableau or other data visualization tools
  • Computer science background
  • Business strategy background
  • Other evidence of ability to think and communicate using data.

Education:

  • Bachelor's degree and preferred, a post-grad degree; Ph.d, a plus but is not required.

Colorado Compensation
Target Total Compensation - 126,500 - 278,300.
Your actual pay will be based on your skills and experience -- talk with your recruiter to learn more.

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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