Charles Schwab

Sr Manager - Intraday Liquidity

Charles Schwab • $150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA preferred
  • CFA, CPA or FRM designation preferred
  • 6+ years of finance experience; 3+ managing Liquidity Risk for a Category IV or larger financial institution
  • In-depth knowledge of broker/dealer and bank liquidity requirements
  • Experience with secured financing and collateral transactions
  • Familiar with liquidity risks related to digital assets and emerging products
  • Strong analytical, communication, and strategic planning skills

Responsibilities

  • Devise liquidity strategies for new products and long/short strategies
  • Evaluate the funding and collateral impact of new business activities
  • Create methods to quantify liquidity needs for digital assets
  • Lead Treasury tasks for digital asset initiatives from start to finish
  • Implement metrics and reports for intraday liquidity monitoring
  • Identify emerging intraday liquidity risks from customer trading
  • Stay updated on economic, regulatory, and market changes
  • Prepare materials for ALCO and senior management meetings

Benefits

  • Bonus or incentive opportunities beyond base salary
Full Job Description
The Liquidity and Funding Management group within Treasury handles liquidity and funding planning across the corporation and its subsidiaries, including our bank and broker-dealers. We monitor and ensure adherence to regulatory ratios including the Liquidity Coverage Ratio (LCR) and associated public disclosures, Net Stable Funding Ratio (NSFR), FR 2052a Liquidity Monitoring Report. We also develop tools to assist our business partners in analyzing the liquidity impacts of business decisions. We work with our second line partners to assist in the development of robust contingency liquidity analyses and plans to help identify emerging risks. This group is responsible for the design of company liquidity management policies, ensuring compliance at all times, and escalating issues to senior management as necessary. We work with internal and external partners on multiple ongoing examinations and audits of liquidity practices. This is an individual contributor role within the Intraday, Funding, & Collateral Strategy group, and will lead Treasury's liquidity strategy and workstreams supporting digital assets and other emerging products.

What you have

  • Bachelor's degree required; MBA preferred
  • CFA, CPA or FRM professional designation preferred
  • 6+ Years in finance with 3+ years of experience managing Liquidity Risk for a Category IV or larger financial institution
  • Deep knowledge of broker / dealer liquidity requirements (series 27 preferred)
  • Deep knowledge of bank liquidity requirements
  • Experienced with secured financing and collateral upgrade transactions
  • Experience assessing liquidity risks associated with digital assets, blockchain, tokenization, or other emerging financial products preferred
  • Experienced with financial systems and financial data
  • Excellent analytical, strategic planning, problem resolution skills
  • Ability to translate sophisticated business problems into discrete quantifiable components
  • Excellent oral and written communication skills

What you'll do:

  • Develop liquidity strategies and analytical frameworks to support emerging products, including long/short strategies, securities financing transactions, digital assets, and tokenized securities
  • Assess the intraday liquidity, funding, and collateral implications of new business activities, including 24/7 trading and evolving settlement models
  • Develop methodologies to quantify liquidity requirements and evaluate collateral eligibility, segregation, and operational readiness for digital assets and tokenized securities.
  • Own Treasury workstreams and deliverables for digital asset and emerging product initiatives, and drive end-to-end delivery from ideation through implementation
  • Design and implement monitoring metrics and reports on intraday liquidity
  • Monitor customer trading activities and proactively identify emerging intraday liquidity risks
  • Remain abreast of the macro-economic environment, regulatory guidelines and market structure developments
  • Prepare and review ALCO, senior management, and Board committee materials

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
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ

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