Charles Schwab

Director Liquidity Framework and Planning

Charles Schwab • $170K — $200K *
San Francisco, CA 94112In-Person
Finance & Insurance
11 - 15 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 12+ years in financial services, including 8 years in liquidity strategy and forecasting.
  • Strong technical experience across trading, funding, liquidity risk, and balance sheet modeling.
  • Proven ability to lead a team of liquidity and funding analysts.
  • Expertise in investment strategy and collateral management.
  • Solid understanding of 15c3-3 calculations and their liquidity impacts.
  • Familiarity with evolving regulatory landscapes and effective prioritization of initiatives.
  • Exceptional communication skills with senior leadership and regulators.
  • Bachelor’s degree required, Master’s preferred.

Responsibilities

  • Develop a comprehensive funding plan across all entities and optimize collateral management.
  • Communicate funding strategies for Brokered CDs, Bilateral and Tri-Party Repo, and other liquidity levers.
  • Refine liquidity forecasting frameworks and address Management Reportable Issues (MRAs).
  • Support client margin lending growth and provide scalable funding frameworks.
  • Create and manage a BAU Liquidity Forecast and prepare for unexpected funding needs.
  • Build strategies for liquidity forecasting that meet regulatory scrutiny.
  • Act as a thought leader on liquidity strategies and communicate effectively with regulators.

Benefits

  • Bonus or incentive opportunities.
  • High visibility role within the organization.
  • Opportunity to influence Investment Strategy and Capital Management.
  • Collaborative environment with cross-functional teams.
Full Job Description
Liquidity Management is a critical function of Treasury at the Firm.  Reporting to the Managing Director, Liquidity Forecasting & Strategy, this Director will be focused on enhancing Liquidity and Collateral Planning frameworks and connecting these into the broader Balance Sheet Management Strategy.  On a functional level, this role will lead the integration of our various functional and modeling teams into a cohesive framework that can be communicated to the highest levels of the organization.  This includes but is not limited to Bank, Broker Dealer, and Parent funding, collateral optimization, and connections between liquidity and capital and investment planning.

Key Outcomes:

  • Development of a comprehensive funding plan across all entities, collateral management and optimization, guidance to the Investment Portfolio for future actions, and supporting capital planning.

  • Serve as a key contributor to the communication of the funding across Brokered CDs, Bilateral Repo, Tri Party Repo, and FHLB at the banks in BAU as well as other contingent levers for stressed liquidity purposes. 

  • Refine and elevate our liquidity forecasting and strategy framework, including remediation of MRA's and development of new liquidity management capabilities.  

  • Support the growth of the client margin lending business and provide a framework that allows the funding team to scale levers including Commercial Paper and a robust suite of Equity Financing trades ($20B+ across Secured Bank Loans, Term Stock Loans, Equity Tri Party Rep)

  • Develop and manage a comprehensive BAU Liquidity Forecast and Strategy and create significant capabilities to prepare for the unexpected and contingent funding or balance sheet needs.    

  • Define and build strategies on liquidity forecasting able to withstand intense regulatory scrutiny.

  • Serve as a thought leader and subject matter expert on our liquidity and funding strategies and execution and effectively communicate strategies and recommendations with regulators and executive leadership.

  • Provide recommendations and influence our Investment Strategy, Capital Management and Parent Liquidity, Funding Plan, Collateral Management Strategy, Broker Dealer liquidity strategies.

The Director is expected to be an exceptional senior level communicator, both written and presentation, and be able to convey complex messages to all manners of audience. This role has high impact and visibility playing a critical role in maintaining the financial health and stability of the organization. 

What you have

Required Experience: 

  • Minimum of 12 years of financial services experience and 8+ years of liquidity strategy and forecasting in environments of similar scale and complexity. 

  • Deep technical foundations and experience working across trading, funding/repo desks, liquidity risk and balance sheet modeling. 

  • Experience building and leading a highly technical team of liquidity and funding analysts.

  • Deep expertise with investment strategy related to diverse capital portfolios, capital management collateral management and broker dealer liquidity strategies.

  • Thorough understanding of the application and requirements associated with 15c3-3 calculations and impacts to liquidity management and funding

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

  • Exceptional communicator with the ability to convey the robustness of Schwab’s liquidity strategies and able to provide thoughtful and accurate responses to questions and challenges posed by investors and regulators. Able to interact with our highest-level leaders as well as a keen attention to detail and complex knowledge of the impact of our liquidity strategies and programs

  • Bachelor’s degree required. Master’s degree preferred.

Preferred Experience:

  • Adept at understanding the nuances of Liquidity Management and be able to communicate the strategic actions to very senior level individuals.  

  • Experience building credibility and confidently conveying information with authority when articulating how liquidity is being managed by the Firm.

  • Experience conveying complex concepts through various mediums in relatable terms and anchored in business meaning across various use cases (broad strategic questions, targeted strategic initiatives, board-level communications, etc.)

  • Proven adaptability to changing market conditions and making appropriate decisions to ensure accurate strategy frameworks are developed and maintained.

  • Proven track record of shaping strategy and leading with influence.

  • Successful history of building and cultivating strong authentic relationships with internal/external business partners.

  • CFA or other related certification preferred. 

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
Finance & Insurance
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ
SCHW
* Ladders Estimates

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