Sr. Manager, Market & Capital Risk Analytics & Oversight

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.

As a Senior Manager, Market & Capital Risk Analytics & Oversight, you will support reporting on market and capital risk across all entities of the Charles Schwab Corporation, including Charles Schwab Bank. This will require working with subject matter experts across Schwab, which will include: senior leadership, Treasury, Financial Planning & Analysis and various regulatory organizations to develop and communicate market and investment risk across Charles Schwab Corporation.

What you will do

• Perform Interest Rate Risk and Capital Risk analysis for Charles Schwab Corporation.
• Independently construct detailed market and stress scenario analyses to assess market and capital risk.
• Regularly review existing policies, risk assessments, risk controls and procedure documentation to assess their effectiveness, compliance, and alignment with current organizational needs.
• Collaborate with subject matter experts across different teams and organizations to ensure risk documentation is appropriately updated and in adherence with internal and external standards.
• Identify potential gaps, inconsistencies, or areas for improvement across financial risk documentation.
• Design and perform testing and monitoring of financial metrics produced across Schwab’s first line of defense, and work with enterprise and operational risk to ensure adherence with standards.
• Develop and maintain policies, ensuring clarity, conciseness, and governance adherence.
• Monitor adherence to established policies, controls and procedures.
• Report on adherence status to senior management.

What you have

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

Required Qualifications:

• Bachelor's degree required
• 4+ years of experience in banking, insurance or a financial services firm, with an emphasis on a combination of Asset Liability Management (ALM), derivative valuation, and capital adequacy assessment
• High proficiency in Microsoft Excel skills, with an understanding of financial modeling best practices
• Self-motivated and able to support initiatives and projects with persistent inquiry
• Strong attention to detail, analytical and quantitative skills
• Self-motivated and able to bring projects to their conclusion and maintain models with persistent inquiry
• Strong written and verbal communication skills

Preferred Qualifications:

• MBA
• Previous experience in treasury or risk management
• 2+ years of working knowledge of financial risks (i.e., credit, market, capital and liquidity risks) is strongly preferred
• Excellent written and verbal communications skills to interact with business partners and senior management
• Demonstrated ability to work both independently and in a team environment
• Flexibility and the ability to adapt to changing requirements and assignments