Director, ALM Analytics

Your opportunity

Director – ALM Analytics

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 Asset Liability Management (ALM) team is a team within our Corporate Treasury department.  We are responsible for balance sheet management strategy, portfolio and brokered deposit notional investment allocation decisions, balance sheet modeling and analytics, market risk management, ALM derivatives, and net interest income forecasting.  The overall team manages fixed-income investments in several portfolios totaling over $300 billion, with approximately $500 billion in total balance sheet assets and $100 billion in off-balance-sheet brokered deposit agreement notional investments.

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 prioritize your development.

Key Outcomes:

• Lead people within the ALM team focused on Net Interest Income (NII) Forecasting, playing a key role in the overall risk management and strategic optimization of the balance sheet through the development and execution of balance sheet strategies in scenarios spanning Business-As-Usual (BAU) and Comprehensive Capital Analysis and Review (CCAR) activities.
• Ownership for modeling, analytics, attribution, and automation for all NII Forecasting related to on-balance-sheet and off-balance-sheet exposures, including fixed-income investment portfolios, off-balance sheet brokered deposit notional investments, interest rate derivatives, and income modeling associated with all remaining components of the balance sheet.
• Collaborate with investment portfolio managers, risk partners, and product leaders and others across the firm and play a key role in achieving risk-return optimization mandate
• Partner with key stakeholders to optimize our ALM positioning and support allocation decisions and strategy.

What you have

Ideal Profile:

• 10+ years of career experience in treasury, finance and/or ALM roles of progressive level of responsibility and a minimum of five years of experience at an institution with similar size and complexity as Charles Schwab.
• Minimum of two years of experience leading multiple individual contributors.
• Strong knowledge of Net Interest Income forecasting and capital management and the Comprehensive Capital Analysis and Review (CCAR) process at a large financial services institution.
• Experience with PolyPaths ALM, QRM, or other NIR forecasting software required.
• Experience leading automation of an NII process for use in management scenario analysis and development of an analytical framework to drive management decision-making.
• Enthusiasm to work in white space and the ability to create innovative analyses to help drive the strategy for the company.
• Strong fixed-income investment modeling and analytics knowledge.
• Ability to multi-task on multiple projects and deliverables while remaining calm in a potentially stressful environment.
• Excellent written and oral communication skills.
• Strong emotional intelligence and executive presence.
• Client focused; able to build relationships and establish trust, respect, competence, and confidence effectively and quickly.
• Ability to lead a dynamic team and motivate direct and indirect reports to excel.
• An undergraduate degree is required, strong preference for an advanced degree.
• Professional certification, such as CFA, FRM or PRM, preferred.