Overview In this Director role, you will own the ALM & Market Risk Modeling workstream to optimize Schwab's balance sheet and manage interest rate risk. You'll lead the PolyPaths-based modeling efforts for hedging, prepayments, and income forecasting, collaborating with ALM Strategy, risk, and technology partners to ensure production-ready, well-governed outputs. You will drive model governance, documentation, validation, and data quality to enable informed decision-making. This opportunity combines deep quantitative work with strategic influence in a mission-driven, collaborative culture. ResponsibilitiesAdminister and configure the PolyPaths system, including profile managementDesign, implement, and support PolyPaths batch processingMaintain technical documentation and manage system upgradesModel linear and non-linear hedge instruments using PolyPathsOversee vendor prepayment models for accuracy and complianceDevelop and maintain models for asset-backed securitiesForecast accumulated other comprehensive income for capital stress testingLead production activities and control processes for capital stress testingEnhance workflow automation and data quality controls for forecasting and market risk operationsCollaborate with Model Risk Oversight to maintain documentation, validation, and governanceStay informed on industry practices, vendor solutions, and regulatory developments Key requirements5+ years of direct people leadership/management experience8+ years in a publicly traded complex financial services environment with model development, automation, and documentation8+ years in balance sheet and market risk modeling8+ years of experience leveraging PolyPaths, QRM, or similar ALM softwareDirect experience administering and extending PolyPaths, QRM, or ALM software and supporting enterprise production runsDegree in quantitative fields such as Applied Mathematics, Financial Engineering, Engineering, Economics, or related disciplineStrong leadership and strategic visionExcellent interpersonal, communication, and presentation skillsAbility to work across cross-functional teams (traders, risk, technology)PolyPaths: administration, configuration, batch processingQRM or other ALM softwareMBS and asset-backed securities modeling
Not specified in the original listing.
Not specified in the original listing.
