Senior Manager, Liquidity Analytics

Your opportunity

Schwab remains committed to providing increased visibility to career growth opportunities and job requirements. This posting announcement is part of increased transparency and while all qualified applicants will be reviewed and considered, this organization has a preferred candidate identified for this role. 

Our Opportunity:

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 conduct and maintain the Internal Liquidity Stress Testing model as required by Enhanced prudential Standards. We also develop tools to assist our business partners in analyzing the liquidity impacts of business decisions. 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.

What you have

• Experience with data analysis and data interpretation, including experience with very large data sets;

• Advanced SQL skill to extract information from various applications and systems and to identify and research anomalies

• Excellent analytical, strategic planning, complex problem resolution and leadership skills;

• Ability to translate complex business problems into discrete quantifiable components;

• Knowledge of regulatory rules (LCR, NSFR, Enhanced Prudential Standards, Basel III, Liquidity Stress Testing), is highly preferred;

• Bachelor’s degree required; advanced degree a plus;

• 7+ years of related work experience in a financial organization;

• General understanding of statistical methodologies and applications;

• Basic knowledge of finance and accounting, particularly in the bank and broker-dealer space;

• Advanced skills in Excel;

• Knowledge of Python or other program language is a plus;

• Excellent oral and written communication skills;

• Ability to construct and utilize complex financial models;

• Strong interpersonal and management skills with the demonstrated ability to build cross-functional relationships and to interact effectively with senior management;

• Strong project management skills and the ability to organize and manage multiple, changing priorities;

What you’ll do:

• Monitor and forecast short-term cash flow projections of banking entities; identify liquidity gap and collaborate with funding desk to form funding strategies;

• Analyze near-term funding need across various stress scenarios and work with Funding desk to optimize the execution of term borrowings across the Broker-dealer and Parent entities to support the metric

• Work closely with TCM on investments and sales opportunities ensuring optimal deployment of excess liquidity while compliance with regulatory metrics

• Provide liquidity guidance for monthly Net Interest Revenue (NIR) forecasts, including producing long-term funding plan to satisfy all Bank and Consolidated liquidity risk metrics

• Partner with the Treasury Capital Markets team to assess and provide guidance on the liquidity impacts of various long-term balance sheet strategies

• Collaborate with Treasury Capital Management team on key initiatives and provide guidance on the liquidity impacts of proposed capital actions

• Manage calibration and annual review of liquidity assumptions used in the Capital Stress Testing (CST) process; lead the creation of the Bank and Broker-dealer funding plans in the annual CST scenarios

• Monitor liquidity and funding level and relevant risk metrics (EWI, Limits and CFP) in BAU reporting and response to questions from regulators

• Run ad-hoc analytical projects, primarily related to liquidity and funding

• Assist in maintenance of methodology document, model validations in accordance with model governance requirements

• Prepare and review liquidity materials for senior management and monthly ALCO; present monthly liquidity topics to broader treasury team

• Partner with technology teams to create new liquidity analytics capabilities and automate existing manual processes

In addition to the salary range, this position is also eligible for bonus or incentive opportunities