Stress Testing Senior Data Analyst, Treasury Corporate Finance

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Job ID:
20170804-3996
Job Category:
Accounting/Finance
Relevant Work Experience:
Financial Services-6+ yrs, Accounting and Finance-2-5 yrs, Accounting and Finance-6+ yrs, Financial Services-2-5 yrs
Current Licenses / Certifications:
None
Position Located In:
CO - Lone Tree, CA - San Francisco, CO - Denver
Education:
BA/BS
Job Type:
Full Time
Description:

San Francisco - CA, SF215FMT, 215 Fremont Street, 94105-2318
Jessie M. Golden
20170804-3996

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 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 Capital Stress Testing group within Treasury Corporate Finance manages the CCAR and DFAST capital stress testing projects for the corporation and its subsidiaries. This group is responsible for the design, scheduling, and the gathering of documentation requirements from groups across the organization for semi-annual stress testing. As Schwab’s financial profile and regulatory requirements evolve, so does our department. In addition to the semi-annual stress testing, our group is responsible for integrating other regulatory requirements into the firm’s framework and ad hoc analyses.

The Senior Analyst will own the development and maintenance of a framework to aggregate the assumptions, limitations, and weaknesses (ALW) of the capital stress testing models. The Senior Analyst will then use the output of this aggregation to identify additional sensitivity analyses to be performed, identify model development priorities, and quantify aggregate model uncertainty. This is an individual contributor role.

What you’ll do:

  • Develop a robust ALW framework plan at the aggregate level, utilizing the model level detail and classification scheme provided by Model Risk Management
  • Partner with Corporate Planning, Risk Analytics, and other internal business partners to prepare the overall capital stress testing sensitivity analyses, using the assumptions from the ALW framework to identify and remediate potential gaps
  • Maintain the capital stress testing model landscape, using the limitations from the ALW framework to identify and remediate potential gaps
  • Using the ALW framework, develop a framework to quantify overall model uncertainty and then integrate that framework into the capital adequacy assessment process; analyze the aggregate error if needed
  • Maintain inventory of overrides/overlays identified in the capital stress testing process
  • Assist in the preparation of leadership decks, including supporting quantitative analysis and graphs
  • Assess the impact of regulatory changes and perform gap analyses
  • Prepare written procedures and policy updates for the ALW framework
  • Contribute to ad hoc analytical projects, primarily related to capital and peer analytics

What you have:

  • Experience with qualitative and quantitative data analysis and data interpretation, including experience with very large data sets
  • Ability to translate complex business problems into discreet quantifiable components
  • Excellent analytical, strategic planning, problem resolution, and leadership skills
  • Strong interpersonal skills with the demonstrated ability to build cross-functional relationships and to interact effectively with peers across the firm
  • Excellent oral and written communication skills
  • High attention to detail
  • Strong Excel, PowerPoint, and Word skills
  • Some knowledge of regulatory reporting (Enhanced Prudential Standards, CCAR, DFAST, SR 15-18/19, and Basel III) is highly preferred
  • 4+ years of prior work experience at a financial organization
  • Bachelor’s degree required

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.

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.

Charles Schwab & Co., Inc. will consider for employment qualified applicants with criminal histories consistent with San Francisco ordinance 17-14 and federal law and regulations applicable to Charles Schwab.


Job Specifications
Relocation Offered?: No
Work Schedule: Days
Languages: English - spoken
Current Licenses / Certifications: None
Relevant Work Experience: Financial Services-6+ yrs, Accounting and Finance-2-5 yrs, Accounting and Finance-6+ yrs, Financial Services-2-5 yrs
Position Located In: CO - Lone Tree, CA - San Francisco, CO - Denver
Education: BA/BS
Job Type: Full Time

Category:Accounting/Finance
Activation Date: Monday, August 14, 2017
Expiration Date: Wednesday, November 1, 2017
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Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

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.

The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab”), Member SIPC , offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.