Based in New York, NY, reporting to the Head of Securities Lending, the Director of Trading Platform Strategy & Business Management serves as a strategic and operational partner to the Securities Lending leadership team, with primary responsibility for supporting Schwab's stock borrow business and trading organization. As demand for long/short investing solutions continues to grow, the stock borrow franchise has become an increasingly important component of the Securities Lending business, requiring dedicated leadership focus to support growth, scalability, execution, and platform evolution. This role sits at the intersection of trading, operations, data & analytics, technology, product, and business management, helping translate business objectives into actionable initiatives, operating improvements, technology investments, and measurable business outcomes.The Director will act as the connective tissue between the trading desk and supporting functions, driving project execution, coordinating strategic initiatives, enhancing management reporting, and ensuring the organization has the processes, insights, governance, and tools necessary to scale effectively. This individual will combine deep securities lending expertise with project leadership, operational rigor, and analytical capabilities to optimize the day-to-day operation of the business while helping shape its long-term evolution.A core component of the role is helping define and execute the technology, automation, analytics, and AI roadmap supporting the Securities Lending franchise. Working closely with the Head of Trading, Head of Supply, and Head of Demand, this leader will help establish business requirements, prioritize platform enhancements, coordinate cross-functional initiatives, and ensure investments in automation and technology create meaningful business value.

Why This Role Exists

The Securities Lending franchise already has leadership focused on product strategy, client-facing initiatives, and internal business development. This role complements those efforts by focusing on the infrastructure that powers the trading business.

As the borrow business continues to expand in size, complexity, and strategic importance, dedicated leadership is needed to coordinate technology investments, automation initiatives, analytics capabilities, operational processes, and vendor partnerships that support the trading organization. The objective is to create a leader responsible for helping the borrow platform scale, modernize, and execute more effectively while allowing the Head of Trading to remain focused on market strategy, counterparties, inventory management, and business performance.

• A university degree from a well-respected academic institution; advanced degrees in Information management, Computer Science, Business Administration and/or other professional certifications are a plus
• 8 + years of experience in systems development life cycle working for an investment management firm including the ability to define and document specifications with the following:
• Demonstrated ability to analyze/provide technology recommendations to the business
• Experienced working with developers to design/analyze alternative technical solutions, test completed code and complete a smooth implementation with the business partners
• Proficient analytical, troubleshooting, and debugging skills
• 10 + years of relevant experience leading a business analyst team working in investment management with strong knowledge of QA procedures and methodology
• Working knowledge of Agile Framework
• Deep understanding of the Securities Finance market structure and industry

What you'll do:

Position Overview

While the Head of Trading is responsible for trading strategy, inventory management, desk performance, pricing, counterparty relationships, and overall business results, this role focuses on the infrastructure and capabilities that support the stock borrow business and broader trading organization. This individual will help ensure the borrow platform operates efficiently and scales effectively by connecting people, processes, data, analytics, technology, and operational priorities across the organization. As the business continues to expand in support of client long/short activity, this role will provide dedicated attention to the initiatives, investments, and cross-functional coordination required to support future growth.

Key Responsibilities:

Business Management & Strategic Execution

• Serve as a dedicated business lead for the stock borrow franchise, helping ensure the platform, operating model, technology investments, and supporting infrastructure evolve in line with the business's growth trajectory and strategic importance to Schwab's long/short offering.
• Partner with Securities Lending and Trading leadership to execute strategic priorities and business initiatives.
• Drive project management across multiple concurrent workstreams and stakeholder groups.
• Establish governance, accountability, milestones, and execution plans for key initiatives.
• Identify operational risks, bottlenecks, dependencies, and process improvement opportunities.
• Coordinate execution across trading, operations, technology, analytics, treasury, risk, and finance teams.

Trading Platform Strategy & Technology Roadmap

• Partner with the Head of Trading, Head of Supply, and Head of Demand to define business requirements and long-term platform priorities.
• Maintain a particular focus on capabilities supporting stock borrow inventory sourcing, locate management, automation, pricing, execution workflows, and scalability as client demand and business volumes grow.
• Develop and maintain the strategic roadmap for trading technology, automation, analytics, AI, and workflow enhancements.
• Ensure platform investments align with business objectives, growth priorities, and market developments.
• Maintain a holistic view of platform capabilities, data dependencies, workflow gaps, and enhancement opportunities.

Automated Trading

• Help define and refine automated trading capabilities, including bid logic, pricing behavior, exception handling, and workflow controls.
• Support continued growth and adoption of automated trading solutions.
• Identify opportunities to increase speed, consistency, coverage, scalability, and operational rigor through automation.
• Ensure automation initiatives preserve appropriate trader oversight and risk controls.
• Evaluate and onboard emerging technologies, trading platforms, and market solutions.

Analytics, Modeling, AI & Engineering Partnership

• Serve as the primary business liaison to Securities Lending Analytics, Modeling, Engineering, AI, Product, and Technology teams.
• Translate trading requirements into practical tools, models, analytics, and platform enhancements.
• Ensure all analytics and AI initiatives remain grounded in real business workflows and measurable outcomes.
• Identify opportunities to improve pricing, inventory management, execution quality, exception monitoring, prioritization, and decision support.
• Support practical AI adoption across the Securities Lending organization.
• Represent Securities Lending within TCC and other technology governance forums.

Systems, Vendor Management & Platform Enhancements

• Represent trading requirements throughout platform design, testing, implementation, onboarding, and enhancement efforts.
• Coordinate closely with internal technology teams and external vendors to improve functionality, usability, controls, and scalability.
• Drive platform modernization efforts and support future-state architecture planning.
• Help ensure the trading platform evolves in line with business needs and market opportunities.

Data, Analytics & Decision Support

• Partner closely with data, analytics, and modeling teams.
• Develop KPIs, dashboards, management reporting, and business performance metrics.
• Translate analytical outputs into actionable business recommendations.
• Synthesize complex information into concise insights for senior leadership.
• Support data-driven decision-making across the Securities Lending franchise.

Executive Reporting & Business Communication

• Prepare executive presentations, business reviews, and management updates.
• Develop recurring operating reviews and reporting packages.
• Create clear narratives around business performance, strategic initiatives, risks, and opportunities.
• Ensure leadership maintains visibility into key priorities, deliverables, and business trends.

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