Senior Business Analyst - Portfolio Optimization

Position Type: Regular

Join Schwab and take the opportunity to make a significant impact on your career within the finance industry. We foster an environment of innovative thinking and creative problem-solving, encouraging you to "challenge the status quo" in collaboration with talented teams. Our goal is to empower our selected candidate to thrive in an engaging and results-oriented workplace.

Schwab Wealth & Asset Management Engineering (WAME) Technology operates within Schwab Technology Services (STS), where we support comprehensive platforms in Research, Investment Management, and Trading. Our mission is to deliver top-notch products, advice, and services to clients managing their investments, both institutional and retail.

Being part of an award-winning team recognized for various achievements, including the "Best IT Team of the Year" and the "Asset Manager Digital Tool of the Year," means being at the forefront of technology and asset management. Our high-performing team plays a crucial role in shaping technical strategies, designing systems, and delivering exceptional quality.

• Act as a subject matter expert, providing guidance on financial application enhancements, addressing issues, and answering queries related to Portfolio Optimization and performance attribution.
• Conduct comprehensive requirements-gathering meetings with users, developers, system architects, and vendors.
• Collaborate with Agile team members to create requirement stories, user acceptance test scripts, release notes, and related project artifacts.
• Coordinate user acceptance testing among vendors, business teams, and the WAM technology team.
• Ensure successful delivery of system solutions to all business stakeholders.
• Support and maintain vendor applications and in-house systems with in-depth data analysis, as necessary.
• Acquire comprehensive business knowledge to effectively represent the business community in developing technical solutions that align with business strategies.
• Adapt to evolving priorities and effectively manage multiple tasks to meet deadlines.
• Utilize visualization software such as Visio or Lucid Chart to create workflow flowcharts.
• Possess strong knowledge of web services and API specifications, translating business requirements into Agile stories in tools like JIRA and Confluence.
• Demonstrate proficiency with collaborative tools such as Jira and Confluence.

What you have

• Extensive experience in financial asset management, specifically in equity trading, portfolio management, operations, and accounting.
• Subject matter expertise with optimizers, particularly Axioma and Gurobi.
• Experience with IBOR systems, preferably Vestmark.
• Strong ability to manage and communicate changing priorities and deadlines within a matrixed organization, supporting multiple stakeholders in trading, portfolio management, compliance, and risk.
• Proven capacity to analyze and provide technology recommendations to businesses.
• Experience in the systems development life cycle, including defining specifications, collaborating with developers to design solutions, testing completed code, and ensuring smooth implementation with business partners.
• Confidence in presenting both strategic and tactical visions for project planning and daily management goals.
• Desire to engage with both in-house developed systems and third-party vendor products.
• Excellent communication, interpersonal, analytical, problem-solving, organizational, and negotiation skills.
• Education: BA/BS in finance, computer science, or a related field. CFA Foundation or CFA certification is also preferred.
• 8+ years of relevant experience as an IT business systems analyst or as a business analyst looking to transition to technology.
• Preferred Proficiencies: Experience in component-based development (integrating vendor products with in-house code); strong data analysis skills; experience in an agile development environment.

In addition to a competitive salary range, this role also qualifies for bonus or incentive opportunities.

Why work with us?

At Schwab, we value your growth and empowerment in shaping your future. We support your development through meaningful work, continuous learning, and a culture of trust and collaboration, enabling you to develop impactful skills. Our commitment to hybrid work ensures a balance between flexibility, client service, and the value of in-person connections.

We offer a comprehensive benefits package designed for your overall well-being:

• 401(k) with company match and Employee Stock Purchase Plan
• Generous paid time off for vacation, volunteering, and a 28-day sabbatical after every five years of service for eligible positions
• Paid parental leave and family-building benefits
• Tuition reimbursement
• Comprehensive health, dental, and vision insurance