Charles Schwab Financial Data Engineer in Chicago, Illinois
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 at http://www.aboutschwab.com/about/leadership/charles_schwab 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.
The Schwab Equity Ratings Department is a quant team located in Chicago which primarily focuses on domestic and international equity models. The Software Development Engineer position is part of the Schwab Equity Ratings Department’s Operations Team. The team’s primary objective is to ensure reliable model executions and dependable research data. In order to ensure reliable execution and dependable data, the Software Development Engineer will assist the team in designing and developing new features, controls and reports.
What you’ll do:
The Financial Data Engineer position combines the skills of a financial analyst and data scientist. The analyst will work with the programming languages of SQL and R on platform improvement projects involving model controls and source data changes. The analyst will also assist in monitoring the weekly SERD model production process, including investigation of data anomalies and researching potential solutions. A successful candidate will be highly proficient in financial databases, moderately proficient in SQL, and possess a willingness to learn the programming language of R. This position is based in our 150 S. Wacker Dr. Chicago office location. Occasional weekend work is required, typically no more than 30 minutes to an hour of time, with overtime compensation.
What you have:
Bachelor’s degree required. A degree in Finance, Engineering or quant discipline preferred.
Master’s degree in same fields and/or MBA, CFA or CPA are a plus.
Strong familiarity with financial market data is required. Hands-on experience with financial analysis and database systems such as FactSet, Thomson Reuters QA Direct, Clarifi, Zacks, Bloomberg, etc.
Knowledge of specific financial databases such as IDC, Compustat, Worldscope, CRSP and IBES a plus
Good SQL skills and an understanding of normalized data schemas.
Experience with R packages for financial applications is a plus.
Experience in systematic or quantitative equity modeling strategies a plus.
Must be able to effectively interact with IT professionals
Must be methodical, detail-oriented, and able to manage the development and reliable execution of repetitive processes
Must be willing to be involved in occasional model production trouble-shooting on weekends
Demonstrated passion for providing proactive solutions
Positive attitude, enthusiasm, professionalism and strong work ethic with high level of integrity
Excellent communication, problem solving, and presentation skills to influence and build consensus among your team members and senior leadership
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 at http://www.aboutschwab.com/careers/lifeatschwab/%22 .
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.
Position Located In: IL - Chicago