Sr Manager Liquidity Regulatory Reporting

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 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. 

We are seeking a Sr. Manager LRR to enhance and streamline our liquidity regulatory reporting framework. This role is responsible for optimizing processes related to the Liquidity Regulatory Reporting, integrating and leveraging various treasury platforms for accurate data,  and championing automation tools to improve efficiency, accuracy, reporting, and compliance. The Sr Manager will assist in performing daily comprehensive reviews of liquidity regulatory reports and related workflows and will maintain and enhance key relationships with our technology partners.  

What you have

• Bachelor’s degree required. 
• CFA, FRM or MBA in finance a good to have.
• 7+ years of related work experience
• Prior people leader experience preferred 
• Deep expertise in at least one area of Liquidity Management a must - LCR, NSFR, FR 2052a, Liquidity Stress Testing, Reg YY. 
• Demonstrated detailed knowledge of finance and knowledge of liquidity risk management at a broker dealer. 
• Regulatory financial reporting, and experience in treasury management and oversight
• Experienced with financial systems and financial data
• Hands-on capabilities with SQL and reporting tools like Tableau, Power BI
• Ability to work in an agile, ambiguous environment
• 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:

•  Ensure compliance with Reg WW, Reg LL, LST regulations and Schwab’s Liquidity Management Policy
•  Ensure maintenance of methodology document, model validations in accordance with model governance requirements
•  Setup governance processes and controls on all reporting processes related to FR 2052a, LCR, NSFR, and ILST ensuring the accuracy and compliance with regulatory requirements.
•  Work with Finance Data Governance team on aligning Liquidity reporting with the firm DG standards
•  Support 2nd Line, Audit and Compliance requests. 
•  Act as a liaison between the analytics and technology teams for Liquidity Regulatory Reporting which includes FR 2052a, LCR, NSFR and Liquidity Stress Testing
•  Plan and prioritize system updates, define long-term vision for application and system integration and upgrades including intra-day liquidity, LCR and LST forecasting
•  Support leadership on any impact analysis or ad-hoc requests
•  Collaborate with Legal, RLO and external forums like BPI to maintain up to date interpretations and governance
•  Assist tech team in providing business guidance in designing and implementing new process to facilitate Liquidity Regulatory Reporting
•  Provide detailed requirements for technology updates and ensure accuracy in testing all technology deployments
•  Setup technology SLAs and performance expectations
•  Support firm wide initiatives which rely on liquidity data

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