Charles Schwab & Company, Inc.
Senior Manager, Securities Lending Quant
Westlake, TX, US · Senior
Sponsorship not specifiedDetected 16 days ago
PythonMachine LearningStatisticsValuationInventory ManagementLeadershipCommunicationProblem SolvingTransfer Pricing
About the role
- Your Opportunity At Schwab, you're empowered to make an impact on your career.
- As a Senior Manager, Securities Lending Quant, you will serve as a senior desk-facing quantitative expert within the Treasury Modeling department, focused on securities lending, prime brokerage, margin lending, and equity finance.
- The ideal candidate brings deep prime brokerage or securities lending expertise, strong quantitative instincts, and a commercial mindset.
Responsibilities
- Develop desk-facing quantitative analytics for securities lending, margin lending, and prime brokerage, with a focus on inventory, release decisions, pricing, demand signals, utilization, risk, and P&L drivers.
- Partner with traders and desk stakeholders to understand pain points, pressure-test assumptions, and convert complex business questions into actionable quant solutions.
- Design analytics that strengthen securities inventory management, including availability, utilization, demand signals, collateral dynamics, concentration risk, and balance sheet optimization.
- Partner closely with Treasury, Finance, Model Risk Management, product teams, and desk stakeholders to ensure models reflect real product behavior, market structure, and business economics.
- Support model governance activities, including validation, limitation assessment, performance monitoring, change management, and ongoing model maintenance.
- Serve as a senior securities lending thought partner who shapes analytical direction through domain depth, desk intuition, credibility with stakeholders, and strong execution.
- You should be able to identify trader pain points, challenge existing processes, bring forward innovative quant ideas, and implement solutions that are useful, explainable, and adopted by the business.
- You will influence through product expertise, desk judgment, quantitative creativity, and the ability to partner closely with Treasury, Finance, Model Risk Management, product teams, and desk stakeholders.
Requirements
- What you have Required skills Bachelor's degree in a quantitative field, finance, economics, engineering, physics, mathematics, statistics, computer science, or equivalent experience.
Compensation
- In addition to the salary range, this position is also eligible for bonus or incentive opportunities.
Benefits
- Strong knowledge of equity-linked products, including how equity markets, derivatives, hedging activity, client flows, and financing dynamics affect balances, valuation, pricing, and P&L.
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