Charles Schwab

Director – Head of Collateral Management

Charles Schwab$180K — $220K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10-15+ years in collateral management, securities finance, clearing or prime services
  • Strong grasp of collateral requirements and post-trade workflows in derivatives and securities lending
  • Proven ability to lead cross-functional initiatives and influence senior management
  • Experience in regulated environments with a focus on control
  • Up-to-date knowledge of evolving regulatory landscapes and demonstrated prioritization skills
  • Detail-oriented with a focus on execution
  • Demonstrated leadership abilities
  • Bachelor’s degree required

Responsibilities

  • Define and lead the firmwide collateral allocation strategy
  • Identify and mitigate trapped liquidity and inefficient collateral usage
  • Drive optimization initiatives for derivatives margin and secured financing
  • Enhance visibility into collateral requirements and availability
  • Collaborate with Liquidity on collateral forecasting under various scenarios
  • Develop post-allocation analysis models with Treasury Command Center
  • Align strategies with evolving regulatory requirements
  • Establish ownership and governance for collateral usage
  • Strengthen controls and documentation of collateral management processes
  • Act as a key communicator across Treasury functions

Benefits

  • Bonus or incentive opportunities
  • Participation in a dynamic, cross-functional team environment
  • Opportunity to influence firmwide strategies in a critical finance function
  • Work in a technically and regulatory complex environment
  • Collaborate with senior leadership and various departments to shape the future of collateral management
Full Job Description
Collateral Management is a critical function of Treasury at the Bank. Reporting to the Managing Director, Head of Securities Funding and Optimization, this Director will focus on developing and executing a collateral management strategy integrated with the liquidity, capital and balance sheet management frameworks of Charles Schwab Corporation. This highly cross-functional role will partner with Liquidity, Capital, Securities Lending, Securities Finance within Treasury as well as Operations, and 2nd Line Finance Risk Management to build a scalable, regulatory driven optimization framework that supports growth under balance sheet expansive conditions.

What you have

Required Experience:

  • 10-15+ years in collateral management, securities finance, clearing or prime services

  • Precise understanding of collateral requirements and post trade work flows of derivatives margin & securities financing markets (repo, sec lending, upgrades)

  • Ability to drive cross-functional initiative, influence stakeholders and effectively communicate to senior management in Treasury and Finance

  • Comfortable working in control-heavy, regulated environment

  • Experience staying abreast of the evolving regulatory landscape and demonstrating impeccable judgement to prioritize numerous initiatives in flight

  • Detail orientated and execution focused

  • Proven team leader

  • Bachelor’s degree required

Key Objectives:

  • Define and lead firmwide strategy for collateral allocation

  • Identify and reduce trapped liquidity and inefficient collateral usage

  • Drive collateral optimization initiatives across Derivatives Margin, Secured Financing and Securities Lending/Borrowing transactions

  • Improve visibility into firmwide, intraday collateral requirements and availability

  • Partner with Liquidity on collateral forecasting models under base and stress scenarios

  • Partner with Treasury Command Center to develop post allocation analysis models to identify and drive consistent efficiency improvements

  • Ensure collateral management strategies are aligned to evolving regulatory landscape (15c3-1, 15c3-3, LCR, etc.)

  • Establish clear ownership, governance and escalation processing for collateral usage

  • Strengthen controls, documentation, and auditability for collateral management roles and processes

  • Serve as senior communicator and integrator across Liquidity, Securities Finance and Optimization, Securities Lending and Operations

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

About Charles Schwab

Charles Schwab is a financial services company that provides a full range of securities, brokerage, banking, money management, financial advisory, investor, and retirement plan services. It operates in four main divisions; investing, wealth management, banking, and trading. Charles Schwab provides a full-service brokerage platform that serves individual investors who invest on their own or through a workplace-sponsored retirement or equity plan, as well as banking through Schwab Bank. The firm was founded in 1973 and is headquartered in San Francisco, California.

Charles Schwab Careers

Join the vibrant team at Charles Schwab, a leader in global finance, where your career is propelled by innovation, leadership, and a commitment to diversity and professional growth. At Charles Schwab, we offer more than just job opportunities; we provide a platform for you to make a significant impact on the industry and our clients' lives.

Work You’ll Do

At Charles Schwab, we are dedicated to helping our clients manage their financial futures. Being part of our team means you'll work alongside some of the most skilled professionals in the financial services industry. Our culture thrives on teamwork, integrity, and relentless dedication to our clients. Whether you're looking for a position in financial consulting, technology, or administrative support, Charles Schwab offers a dynamic work environment where your skills will be honed and your achievements recognized.

Innovate and Lead

Embrace the opportunity to lead through innovation. Charles Schwab’s commitment to technology and innovation is fundamental to our service delivery. By joining our team, you will be at the forefront of developing new solutions that redefine the future of finance. Your leadership can guide significant projects that impact our company and the industry.

Grow Your Career

Charles Schwab believes in fostering the growth of its employees. Whether through professional development programs, diversity training, or leadership workshops, we ensure that our team members receive the support and training they need to advance their careers. With a variety of career paths available, your job at Schwab can evolve with your interests and expertise.

Internship and Employment Opportunities

Start your professional journey with Charles Schwab through our internship programs or full-time employment opportunities. We seek individuals who are passionate, curious, and ready to drive change. A career at Schwab is not just about having a job; it's about building a lasting relationship with a company that values your potential.

Benefits and Culture

Charles Schwab is renowned for its employee-friendly culture. We offer a comprehensive benefits package that supports the health, financial stability, and work-life balance of our team members. From competitive salaries and bonuses to health insurance and retirement plans, Schwab ensures that your career is as rewarding as it is enriching.

Networking and Professional Development

Expand your professional network and enhance your skills through our various networking events, mentorship programs, and training sessions. At Charles Schwab, we believe in leveraging collective expertise to foster learning and innovation. Engage with leaders, gain insights from experienced professionals, and build relationships that will aid your career trajectory.

Join Our Team

Explore the numerous career paths available at Charles Schwab and discover how your talents can be utilized to their fullest potential. Search open positions that match your skills and interests. We are continuously hiring across various disciplines and look forward to adding innovative, driven individuals to our team.

Stay Connected

Keep up to date with the latest from Charles Schwab Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and be the first to know about new openings, company news, and professional tips.

Explore Charles Schwab Jobs

Ready to take the next step in your career? Visit our careers page to review current job openings, submit your resume, and prepare for your interview. At Charles Schwab, your future is waiting. [SEARCH CHARLES SCHWAB JOBS] Join Charles Schwab today and be part of a team that values diversity, innovation, and leadership—where your career can thrive in the exciting world of finance.
Learn more about Charles Schwab
Size
34,200 employees
Market Cap
$151.6 billion
Industry
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ

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