Senior Manager, Market Risk and Liquidity Risk Model Validation

2 weeks ago


Phoenix AZ, United States The Charles Schwab Corporation Full time

Your OpportunityModel Risk Oversight is a strategic function within the broader Corporate Risk Management umbrella to provide oversight over a broad spectrum of models that create innovative products for our clients, and prudently manage our financial risk using sophisticated quantitative approaches. The Model Risk Oversight team plays a key role in identifying, reviewing, and monitoring all the models at the company.We are hiring a quantitative analyst to conduct model validations and make additional contributions to the Model Risk Oversight team. The analyst will need strong quantitative aptitude and a good understanding of how financial models are used in business context to effectively challenge the choice of methods and assumptions. Prior experience with Asset Liability Management, Liquidity Risk, or Market Risk (Term structure, prepayment, risk metrics of fixed income, derivative hedging, etc.), is desirable. The job responsibilities will include, but not be limited to: Performing model validations following guidelines based on SR 11-7, to include an assessment of model usage, documentation, conceptual soundness, data integrity, the control environment, and the software environment.Presenting work through formal model validation reports, as well as through verbal presentations to model owners, senior management, and oversight agencies.Collaborating effectively with model owners to identify and drive practical resolutions for gaps in model risk management.Evaluating model performance monitoring reports and conducting model annual reviews.*This will be an individual contributor role.What you haveRequired skills and qualifications:Advanced degree in a quantitative discipline (Finance, Economics, Statistics, Mathematics, Physics).5+ years of work experience in quantitative modeling or validation of Asset Liability Management (ALM), market risk or liquidity risk models.An in-depth understanding of fixed income instruments, interest rate and prepayment modeling.Advanced skill with one or more analytical tools, such as R, Python, SAS, SQL, VBA, or Tableau.Preferred skills and qualifications:Experience with 3rd party ALM applications, such as Polypaths, Bancware or QRM.CFA and/or FRM and/or CTP certification.Knowledge of model governance processes and regulatory requirements for large US banks.Strong verbal and written communication skills.Excellent people skills.Job SummaryRequisition ID: 2024-100099Posted Date: 4 days ago(5/15/2024 12:31 PM)Category: Risk & RegulatorySalary Range: USD $101000.00 - $224400.00 / YearApplication deadline: 5/31/2024Position Type: Full time


  • Risk Modeler

    1 month ago


    Phoenix, United States Western Alliance Bank Full time

    Job Title: Risk Modeler **Location**: CityScape What you'll do: The Risk Modeler is part of a team developing risk models for Corporate Commercial Real Estate (CRE), Commercial & Industrial (C&I), and Construction exposures and other WAL portfolios to meet regulatory requirements for Current Expected Credit Loss (CECL) and Dodd-Frank Act Stress Test...


  • Phoenix, United States Charles Schwab Full time

    Your Opportunity At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together. The Transaction Risk Oversight and Monitoring (TROM) is a department within the Financial Crimes Risk Management Enterprise....


  • Phoenix, United States Veear Projects Full time

    **Overview**: **Responsibilities**: - Manage liquidity risk by monitoring and analyzing cash flow positions. Assist with audit support, including SOC1 reports, confirmations, pricing materials, and more. Produce high-quality, accurate portfolio review presentations. - Develop strategies to optimize liquidity and funding sources. Building relationships with...


  • Phoenix, Arizona, United States Western Alliance Bank Full time

    Job Title:Senior Financial Risk Analyst- GovernanceLocation:CityScapeWhat you'll do:As a Sr Financial Risk Analyst, you will be responsible for supporting the overall governance and control function for Financial Risk Management, ensuring compliance with key regulatory requirements, and supporting audit & regulatory issue remediation work. Your expertise and...


  • Phoenix, United States DFW Healthcare MSO Full time

    Job DescriptionJob DescriptionSenior Risk Adjustment Program ManagerIntraCare Health Center (DFW Healthcare MSO) operates owned and affiliated Primary Care Clinics in the greater Dallas-Ft. Worth and Phoenix metropolitan areas. Led by an exceptional leadership team, the company has delivered over a decade of strong performance and service excellence in...


  • Phoenix, United States DFW Healthcare MSO Full time

    Job DescriptionJob DescriptionSenior Risk Adjustment Program ManagerIntraCare Health Center (DFW Healthcare MSO) operates owned and affiliated Primary Care Clinics in the greater Dallas-Ft. Worth and Phoenix metropolitan areas. Led by an exceptional leadership team, the company has delivered over a decade of strong performance and service excellence in...


  • Phoenix, AZ, United States First International Bank & Trust Full time

    First International Bank and Trust / Kotapay is a family-owned community bank and one of Prairie Business Magazine's 50 best places to work for 10 years running.The Head of Payments Risk Management will build and lead all programs related to appropriate governance and oversight of payments and banking as a service risk, including compliance, enterprise risk,...


  • Phoenix, United States Veear Projects Full time

    **Job Overview**: **Responsibilities**: - Manage liquidity risk by monitoring and analyzing the bank's cash flow positions - Develop strategies to optimize the bank's liquidity position.Building relationships with clients based on trust and respect. - Conduct financial analysis to assess liquidity needs and make recommendations - Maintain relationships with...


  • Phoenix, United States Hamlyn Williams Full time

    We are partnered with an established bank who is experiencing significant growth. They are seeking an experienced and dedicated Enterprise Risk Manager to join the leadership team of their growing ERM group. This group is a critical part of their second line of defense, ensuring that risks are effectively identified, assessed, and mitigated across all...


  • Phoenix, United States Hamlyn Williams Full time

    We are partnered with an established bank who is experiencing significant growth. They are seeking an experienced and dedicated Enterprise Risk Manager to join the leadership team of their growing ERM group. This group is a critical part of their second line of defense, ensuring that risks are effectively identified, assessed, and mitigated across all...


  • Phoenix, United States Hamlyn Williams Full time

    We are partnered with an established bank who is experiencing significant growth. They are seeking an experienced and dedicated Enterprise Risk Manager to join the leadership team of their growing ERM group. This group is a critical part of their second line of defense, ensuring that risks are effectively identified, assessed, and mitigated across all...


  • Phoenix, United States Hamlyn Williams Full time

    We are partnered with an established bank who is experiencing significant growth. They are seeking an experienced and dedicated Enterprise Risk Manager to join the leadership team of their growing ERM group. This group is a critical part of their second line of defense, ensuring that risks are effectively identified, assessed, and mitigated across all...


  • Phoenix, United States Hamlyn Williams Full time

    We are partnered with an established bank who is experiencing significant growth. They are seeking an experienced and dedicated Enterprise Risk Manager to join the leadership team of their growing ERM group. This group is a critical part of their second line of defense, ensuring that risks are effectively identified, assessed, and mitigated across all...


  • Phoenix, United States Federal Reserve System Full time

    Company Federal Reserve Bank of San FranciscoWe are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and are committed to understanding and serving the vibrant, expansive...


  • Phoenix, United States CommonSpirit Full time

    Overview CommonSpirit Health was formed by the alignment of Catholic Health Initiatives (CHI) and Dignity Health. With more than 700 care sites across the U.S. from clinics and hospitals to home-based care and virtual care services CommonSpirit is accessible to nearly one out of every four U.S. residents. Our world needs compassion like never before. Our...


  • Phoenix, United States Integrity Marketing Group Full time

    About Ash For more than 50 years, Ash Brokerage has been dedicated to impacting lives. We were founded on the power of relationships, and that still drives our culture today. Our team of 400 is the same service-centered culture as we were in 1971. Ash Brokerage works with financial professionals to help find, understand and process insurance and retirement...


  • Phoenix, United States CommonSpirit Health Full time

    Overview: CommonSpirit Health was formed by the alignment of Catholic Health Initiatives (CHI) and Dignity Health. With more than 700 care sites across the U.S. from clinics and hospitals to home-based care and virtual care services CommonSpirit is accessible to nearly one out of every four U.S. residents. Our world needs compassion like never before. Our...


  • Scottsdale, AZ, United States US Main Full time

    Insurance Sales Agent - Experienced (5-10 years) COMMERCIAL EXPERIENCE NECESSARY Job Type: Full-Time 1099 Based on Existing Book of Business (Revenue NOT Premiums) Commission Structure 35% New Business Commission We are currently seeking a seasoned Commercial Lines Insurance Sales Agent to enhance our team. This role is ideally suited for a highly...


  • Phoenix, United States Dignity Health Full time

    **Overview** CommonSpirit Health was formed by the alignment of Catholic Health Initiatives (CHI) and Dignity Health. With more than 700 care sites across the U.S. from clinics and hospitals to home-based care and virtual care services CommonSpirit is accessible to nearly one out of every four U.S. residents. Our world needs compassion like never before....


  • Phoenix, United States Resecoadvisors Full time

    Reseco Group Holdings is seeking a highly experienced and knowledgeable Consultant to join our team. As a Consultant, you will play a critical role in helping our clients identify, assess, and build a culture centered around the safety of their people. In this role, you will work closely with prospects and clients to understand their specific risk management...