Charles Schwab
Overview
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 Liquidity and Funding Management group within Treasury handles liquidity and funding planning across the corporation and its subsidiaries, including our bank and broker-dealers. We monitor and ensure adherence to regulatory ratios including the Liquidity Coverage Ratio (LCR) and associated public disclosures, Net Stable Funding Ratio (NSFR), FR 2052a Liquidity Monitoring Report. We also develop tools to assist our business partners in analyzing the liquidity impacts of business decisions. We work with our second line partners to assist in the development of robust contingency liquidity analyses and plans to help identify emerging risks. This group is responsible for the design of company liquidity management policies, ensuring compliance at all times, and escalating issues to senior management as necessary. We work with internal and external partners on multiple ongoing examinations and audits of liquidity practices. This is an individual contributor role within the Funding and Collateral Strategy group.
What you have
Bachelor’s degree required; MBA preferred
CFA, CPA or FRM professional designation preferred
5+ years of related work experience
Understanding of collateral impacts on Liquidity Regulatory Reporting (LCR, NSFR, 2052a) preferred
Demonstrated detailed knowledge of finance
Deep knowledge of broker / dealer liquidity and collateral requirements
Extensive experience and knowledge required in broker/dealer operations
Experienced with treasury functions including debt and capital instruments
Ability to work in an agile, ambiguous environment
Excellent analytical, strategic planning, problem resolution skills
Ability to translate sophisticated business problems into discrete quantifiable components
Excellent oral and written communication skills
What you'll do
Develop funding strategies to support liquidity needs across legal entities
Drive strategies around liquidity, funding, and collateral that follow regulatory requirements and are in line with internal policies
Optimize intercompany funding venues to deploy liquidity efficiently across the organization
Diversify funding sources and expand capacities in collaboration with TCM and Sec Lending teams
Remain abreast of the macro-economic environment and funding markets
Accountable for compliance with Contingency Funding Plan operational readiness and full testing
Collaborate with Cash Management and TCM to support working capital needs
Assist in monitoring assets pledged to our counterparties and ensuring collateral availability to support secured funding activities
Prepare and review ALCO and other committee materials
Provide ad hoc analytical projects, primarily related to liquidity
In addition to the salary range, this role is also eligible for bonus or incentive opportunities.
What’s in it for you At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
401(k) with company match and Employee stock purchase plan
Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
Paid parental leave and family building benefits
Tuition reimbursement
Health, dental, and vision insurance
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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 Liquidity and Funding Management group within Treasury handles liquidity and funding planning across the corporation and its subsidiaries, including our bank and broker-dealers. We monitor and ensure adherence to regulatory ratios including the Liquidity Coverage Ratio (LCR) and associated public disclosures, Net Stable Funding Ratio (NSFR), FR 2052a Liquidity Monitoring Report. We also develop tools to assist our business partners in analyzing the liquidity impacts of business decisions. We work with our second line partners to assist in the development of robust contingency liquidity analyses and plans to help identify emerging risks. This group is responsible for the design of company liquidity management policies, ensuring compliance at all times, and escalating issues to senior management as necessary. We work with internal and external partners on multiple ongoing examinations and audits of liquidity practices. This is an individual contributor role within the Funding and Collateral Strategy group.
What you have
Bachelor’s degree required; MBA preferred
CFA, CPA or FRM professional designation preferred
5+ years of related work experience
Understanding of collateral impacts on Liquidity Regulatory Reporting (LCR, NSFR, 2052a) preferred
Demonstrated detailed knowledge of finance
Deep knowledge of broker / dealer liquidity and collateral requirements
Extensive experience and knowledge required in broker/dealer operations
Experienced with treasury functions including debt and capital instruments
Ability to work in an agile, ambiguous environment
Excellent analytical, strategic planning, problem resolution skills
Ability to translate sophisticated business problems into discrete quantifiable components
Excellent oral and written communication skills
What you'll do
Develop funding strategies to support liquidity needs across legal entities
Drive strategies around liquidity, funding, and collateral that follow regulatory requirements and are in line with internal policies
Optimize intercompany funding venues to deploy liquidity efficiently across the organization
Diversify funding sources and expand capacities in collaboration with TCM and Sec Lending teams
Remain abreast of the macro-economic environment and funding markets
Accountable for compliance with Contingency Funding Plan operational readiness and full testing
Collaborate with Cash Management and TCM to support working capital needs
Assist in monitoring assets pledged to our counterparties and ensuring collateral availability to support secured funding activities
Prepare and review ALCO and other committee materials
Provide ad hoc analytical projects, primarily related to liquidity
In addition to the salary range, this role is also eligible for bonus or incentive opportunities.
What’s in it for you At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
401(k) with company match and Employee stock purchase plan
Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
Paid parental leave and family building benefits
Tuition reimbursement
Health, dental, and vision insurance
#J-18808-Ljbffr