Financial Data Engineer

Charles Schwab in Chicago, IL

  • Type: Full Time
position filled
Your Opportunity

The Schwab Equity Ratings Department is a quant team located in Chicago which primarily focuses on domestic and international equity models. The Financial Data Engineer position is part of the Schwab Equity Ratings Department’s Quantitative Development Team. The team’s primary objective is to ensure reliable model executions and dependable research data and create advanced modeling and research tools. In order to ensure reliable execution and dependable data, the financial data engineer will assist the team in developing and evaluating financial data integration mechanisms and controls.

What you’re good at

The Financial Data Engineer position combines the skills of a financial analyst and to a lesser extent, a data scientist. The analyst will work in 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, errors and identifying potential solutions. A successful candidate will be highly proficient with financial databases, moderately proficient in SQL, and possess a willingness to learn the programming language of R. Additionally, the position requires interaction with a wide variety of technologists, quantitative researchers and occasionally various vendors. This role is based in our 150 S. Wacker Dr. Chicago downtown office location. Occasional weekend work is required, typically no more than 30 minutes to an hour of time, with overtime compensation.

What you have

A bachelor’s degree in a financial, engineering or quantitative discipline is preferred

Professional certifications or progress towards a designation such as CFA, and/or CPA a plus


Strong familiarity with financial market data is required. Hands-on experience with financial analysis and database systems such as FactSet, Refinitiv QA Direct, Clarifi, Bloomberg, and direct feeds.

Experience building/maintaining extract, transform and loading methods a plus, including data quality checks and some quality assurance

In depth knowledge of specific financial databases such as IDC, Compustat, Worldscope, CRSP and IBES a strong plus

Good SQL skills and an understanding of normalized data schemas.

Experience in systematic or quantitative equity modeling strategies a plus.

Must be able to effectively interact with IT professionals with requisite knowledge of modern data archives like MongoDb, bitbucket, Splunk

Must be methodical, detail-oriented, and able to handle 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 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

Great teammate. Must be able to work toward common goal and achieving consensus

You may be interested in these similar jobs!
Financial Data Engineer
Charles Schwab in Chicago, IL

Your OpportunityThe Schwab Equity Ratings Department is a quant team located in Chicago which primarily focuses on domestic and international equity …

Read More
Data Integration Engineer
Cetera Financial Group in Schaumburg, IL

Description Position Title : Data Integration Engineer, Cetera Financial Group What we need : Cetera Financial Group is currently seeking a Da…

Read More
Looking for Data Scientist At Chicago,IL
Arkhya Tech in Chicago, IL

Data Scientist Location: Chicago IL End Client: Northern Trust Looking for Data Scientist candidates who has good Python, Machine Learning, Deep Lear…

Read More
R / Python Risk Management Application Developer - M
Next Step Systems in Northbrook, IL

R / Python Risk Management Application Developer The department is responsible for generating trading strategies and other portfolio and risk mana…

Read More
Software Engineer
CyberCoders in Northbrook, IL

Software Engineer If you are a Software Engineer coming from a strong Linux background, please read on!Based in Northbrook, IL (in-between the Green …

Read More
Software Deployment Engineer
CyberCoders in Northbrook, IL

Software Deployment Engineer If you are a Software Engineer coming from a strong CI/CD background, please read on!Based in Northbrook, IL (in-between…

Read More
Market Data Software Engineer - M
Next Step Systems in Chicago, IL

Market Data Software Engineer We are looking for a software developer with experience in the processing, distribution, and management of financial …

Read More
Manager, Market Risk Fixed Income Software Engineer
Charles Schwab in Chicago, IL

Your Opportunity Charles Schwab has been a leader in financial services for over four decades, working to make investing more affordable, acces…

Read More
Data Engineer Intern
Wolverine Trading in Chicago, IL

Data Engineer Intern (Summer 2020) Location Chicago Job Department Engineering Apply Now Data Engineer Intern (Summer 2020) at Wolverine Trading What…

Read More
Azure BI Developer
Arkhya Tech in Chicago, IL

Azure BI Developer RR : 136505 Location: Chicago IL End Client: Northern Trust 2 open positions Job Description: Expert in building a platform for di…

Read More