Charles Schwab

Senior Manager Bank Accounting - Hedging and Investments

Charles Schwab • $125K — $150K *
Omaha, NE 68104In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor’s or Master’s degree in Accounting, Finance, or a related field.
  • CPA strongly preferred; CFA or other relevant credential a plus.
  • 8–10+ years of progressive accounting or finance experience, especially in securities, derivatives, or hedge accounting.
  • Strong technical accounting foundation and judgment for practical application in a controlled environment.
  • Advanced proficiency with Microsoft Excel and PowerPoint, capable of analyzing complex data.
  • Excellent communication skills for translating complex matters into concise messages.

Responsibilities

  • Serve as the accounting lead for derivatives and hedge accounting activities.
  • Oversee accounting and control for available-for-sale and held-to-maturity securities.
  • Partner with Treasury on funding initiatives and balance sheet management.
  • Provide clear responses to SEC Reporting and external auditors on complex accounting matters.
  • Lead and develop the Investments and Hedge Accounting team, ensuring compliance and close execution.
  • Drive continuous improvement and cross-functional execution on strategic banking initiatives.

Benefits

  • Bonus or incentive opportunities.
Full Job Description
Your Opportunity

To ensure we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have:

 

This highly visible people leadership role offers a unique opportunity for an experienced accounting professional to lead the team responsible for Schwab’s investments and hedge accounting activities, helping shape the accounting, control, and reporting framework for one of the most significant areas of Schwab’s balance sheet and a major driver of the Company’s revenue. The role partners closely with leaders across Treasury Capital Markets, Accounting Policy, Regulatory Reporting, SEC Reporting, technology teams, and external advisors, with direct exposure to complex securities, derivatives, funding, and hedge accounting activities. The position will also play an important role in the continued optimization of Schwab’s treasury platform supporting capital markets activity in securities and derivatives. This is an opportunity to lead meaningful work at scale, influence key accounting outcomes, and build, coach, and develop a strong team supporting critical business activities.

What you have

  • Bachelor’s or Master’s degree in Accounting, Finance, or a related field.

  • CPA strongly preferred; CFA or other relevant professional credential a plus.

  • 8–10+ years of progressive accounting or finance experience, with direct experience in securities, derivatives, hedge accounting, bank accounting, or treasury-related activities highly preferred.

  • Strong technical accounting foundation, sound judgment, and ability to apply complex accounting concepts in a practical, well-controlled operating environment.

  • Experience with operational accounting, treasury platforms, accounting systems, implementation efforts, testing, and project management in a high-volume environment.

  • Experience with Calypso Technology, or comparable treasury or capital markets platforms a plus.

  • Relevant bank, broker-dealer, financial services, capital markets, or treasury experience preferred.

  • Advanced proficiency with Microsoft Excel and PowerPoint, with the ability to analyze complex data and present insights clearly to a range of stakeholders.

  • Excellent communication skills, including the ability to translate complex accounting and business matters into concise, decision-useful messages.

  • Demonstrated ability to lead and develop high-performing teams, manage multiple priorities, take ownership of complex deliverables, and operate effectively in a dynamic, highly collaborative environment.

What you’ll do:

  • Serve as the accounting lead for derivatives and hedge accounting activities, including partnering with Accounting Policy on the application of technical accounting guidance to hedging strategies involving swaps, caps, floors, and other derivative products.

  • Oversee the accounting and control environment for available-for-sale and held-to-maturity securities, including close activities, analysis, reconciliations, and reporting support.

  • Partner with Treasury and liquidity teams on funding initiatives, including repurchase agreements, FHLB and Federal Reserve funding sources, and other balance sheet management activities.

  • Provide clear, well-supported responses to questions from SEC Reporting, Regulatory Reporting, Accounting Policy, senior leadership, and external auditors regarding derivatives, investments, funding activities, and related accounting conclusions.

  • Lead, coach, and develop the Investments and Hedge Accounting team, with responsibility for system implementation efforts, operational accounting support, SOX compliance, and month-end close execution.

  • Drive continuous improvement, process discipline, and cross-functional execution on strategic initiatives impacting Bank Accounting and Treasury-related activities.

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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