Senior Manager, Financial Risk Management - Liquidity Risk Oversight
Austin, TX 78701 In-Person
By clicking Apply, I agree with Ladders'
Job Description
Your Opportunity
At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.
The Liquidity and Capital Risk Oversight Function is situated within the Financial Risk Management (FRM) department under the Corporate Risk Management (CRM) organization. The team's primary function is to provide independent oversight and effective challenge of the firm-wide liquidity risk management processes and capital risk reporting.
In this role you will lead the Liquidity Risk Management (LRM) Processes Review Framework design. The independent assessments you will conduct will give you exposure to many of the firm's LRM processes including, but not limited to: Internal Liquidity Stress Testing (ILST), Liquidity Buffer, Liquidity Risk Limits, Collateral Management, Contingency Funding Plan, New Products Approval, Intraday Liquidity Risk, Funds Transfer Pricing. You'll also conduct gap analyses of liquidity risk management practices against supervisory guidance (Regulation LL [YY], SR 10-6, etc.) and will partner with Enterprise and Operational Risk Management (EORM) to ensure framework is consistent with EORM's Standards as you evaluate whether the underlying methodologies are consistent with sound business practices. Your input will be key in the preparation of presentation materials, including the Annual Liquidity Risk Management Assessment, for the Board and senior management risk committees.
This is an individual contributor role reporting into the Director of Liquidity and Capital Risk Oversight.
What you have
Required Qualifications
At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.
The Liquidity and Capital Risk Oversight Function is situated within the Financial Risk Management (FRM) department under the Corporate Risk Management (CRM) organization. The team's primary function is to provide independent oversight and effective challenge of the firm-wide liquidity risk management processes and capital risk reporting.
In this role you will lead the Liquidity Risk Management (LRM) Processes Review Framework design. The independent assessments you will conduct will give you exposure to many of the firm's LRM processes including, but not limited to: Internal Liquidity Stress Testing (ILST), Liquidity Buffer, Liquidity Risk Limits, Collateral Management, Contingency Funding Plan, New Products Approval, Intraday Liquidity Risk, Funds Transfer Pricing. You'll also conduct gap analyses of liquidity risk management practices against supervisory guidance (Regulation LL [YY], SR 10-6, etc.) and will partner with Enterprise and Operational Risk Management (EORM) to ensure framework is consistent with EORM's Standards as you evaluate whether the underlying methodologies are consistent with sound business practices. Your input will be key in the preparation of presentation materials, including the Annual Liquidity Risk Management Assessment, for the Board and senior management risk committees.
This is an individual contributor role reporting into the Director of Liquidity and Capital Risk Oversight.
What you have
Required Qualifications
- Bachelor's degree in Finance or business related field
- 5+ years of liquidity risk management or risk management experience (Treasury, Risk Management, Regulatory Agency, Consulting)
- Strong partnership skills coupled with an ability to challenge, prepare documentation for senior management, and communicate results to senior management.
- A Master's degree in Business, Finance, or other related field
- CFA or other related certification
- Familiarity with a bank and broker-dealer's balance sheet
- A general understanding of regulations pertaining to liquidity (Prudential Standards, SR 10-6)
- Experience creating presentations for executive audiences
- Excellent communication and interpersonal skills, ability to interact cross-functionally
- Strong process orientation and analytical skills
- Self-motivated, able to multi-task, perform under strict deadlines, and able to enhance existing processes
About Charles Schwab
Learn More About Charles SchwabCharles 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Total Jobs:
291
% Masters:
36%