Charles Schwab

Manager - Credit Risk Analyst

Charles Schwab$120K — $145K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Business, or a related field.
  • 5+ years of experience in counterparty credit risk, credit risk management, treasury, securities financing, or related financial services disciplines.
  • Strong understanding of financial institution credit analysis and key bank and broker-dealer risk metrics.
  • Experience evaluating counterparty exposures related to securities lending and secured financing transactions.
  • Knowledge of collateral, netting, margin methodologies, and exposure mitigation techniques.
  • Strong analytical and problem-solving skills.
  • Ability to communicate complex risk topics to senior management.

Responsibilities

  • Manage counterparty credit risk across various securities financing activities.
  • Conduct counterparty due diligence and credit analysis for financial institution counterparties.
  • Monitor portfolio exposures and ensure compliance with risk appetite and governance standards.
  • Evaluate transaction structures and collateral arrangements for effective risk management.
  • Collaborate with Treasury, Legal, and Risk teams to support counterparty onboarding and transaction execution.
  • Develop portfolio analytics and management reporting for risk-informed decision-making.

Benefits

  • Opportunities for professional growth and development.
  • Collaborative work environment with passionate leaders.
  • Challenging projects that enhance expertise.
  • Ability to drive innovation and business growth.
  • Supportive culture that values your contributions.
Full Job Description
Your Opportunity

This is a role where you will be able to grow your expertise through consistent challenges with the backing of passionate leaders who will value your contributions and encourage your development.

The first line Finance Risk Management (FRM) function is an in-business strategic risk function within Finance, which designs and implements a cohesive risk management strategy and framework to adequately identify and mitigate risk while driving innovation and business growth. The mandate encompasses liquidity, market, capital, counterparty credit, and regulatory risk management across the Finance organization.

Additionally, the FRM function collaborates with the second line Corporate Risk Management function in the development and enhancement of risk management policies, procedures, and limits across the Finance risk disciplines. We partner across the firm to improve efficiency, effectiveness, and productivity by safeguarding financial flexibility to enable the company strategy.

We are seeking a Manager, Counterparty Credit Risk 6 Securities Financing to join the Finance Risk Management function reporting to the Head of Strategy & Analytics.

What you have

The following qualifications are required:

  • Bachelor's degree in Finance, Economics, Business, or a related field.

  • 5+ years of experience in counterparty credit risk, credit risk management, treasury, securities financing, capital markets, or related financial services disciplines.

  • Strong understanding of financial institution credit analysis, financial statement assessment, and key bank and broker-dealer risk metrics.

  • Experience evaluating counterparty exposures associated with securities lending, repurchase agreements, agent lending, or other secured financing transactions.

  • Knowledge of collateral, netting, margin methodologies, and exposure mitigation techniques.

  • Strong analytical, problem-solving, and quantitative skills.

  • Ability to effectively communicate complex risk topics to senior management and cross-functional stakeholders.

  • Proven ability to manage multiple priorities and drive initiatives to completion.

  • Self-motivated, able to multi-task, perform under strict deadlines, and able to develop new processes.

  • Advanced Excel and data analysis skills.

The following qualifications are preferred:

  • Experience with broker-dealers, banks, custodians, prime brokerage, clearing, securities financing, or capital markets businesses.

  • Knowledge of securities financing market infrastructure, including custody, settlement, tri-party collateral management, and securities lending operating models.

  • Experience analyzing financial institutions, including banks, broker-dealers, custodians, agent lenders, and other market participants.

  • CFA, FRM, CPA, or other relevant professional designations.

  • Familiarity with regulatory frameworks including Basel III, capital requirements, liquidity requirements, and counterparty credit risk regulations.

  • Experience working with data visualization and reporting tools such as SQL, Tableau, Python, Power BI, or Alteryx.

What you'll do:

  • Manage counterparty credit risk across securities financing activities, including agent lending, securities lending, tri-party repo, and other secured financing transactions.

  • Perform counterparty due diligence and credit analysis for broker-dealers, banks, custodians, agent lenders, and other financial institution counterparties, including ongoing monitoring of financial condition and creditworthiness.

  • Monitor portfolio exposures, limit utilization, collateral coverage, and concentration risk, ensuring activities remain within established limits, risk appetite, and governance standards.

  • Evaluate transaction structures, collateral arrangements, margin methodologies, and risk mitigants to support prudent risk-taking and effective exposure management.

  • Partner with Treasury, Legal, and second line Risk teams to support counterparty onboarding, transaction execution, and strategic securities financing initiatives.

  • Develop portfolio analytics, stress testing, and management reporting to monitor counterparty exposures, identify emerging risks, and support risk-informed decision making across the securities financing portfolio.

In addition to the salary range, this position 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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