Senior Manager, Liquidity Risk Oversight
Apply NowCompany: Charles Schwab
Location: San Francisco, CA 94112
Description:
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 Risk Oversight (LRO) Function is situated within the Financial Risk Management (FRM) department under the Corporate Risk Management (CRM) organization. The team's primary function is to provide independent oversight and effective challenge of the firmwide liquidity risk management.
The Senior Manager, Liquidity Risk will provide independent analysis and effective challenge of liquidity stress testing assumptions, methodologies, and processes. This person will support the building and maintaining analytical tools to understand variances in the firmwide liquidity position and liquidity stress testing metrics (internal stress testing and LCR). The Senior Manager will also source internal data and conduct analysis in support of liquidity monitoring activities by the "second line of defense" including risk limit levels. In accordance with the firm's risk appetite, this person will calculate, monitor, and report liquidity risk metrics, will conduct gap analyses of liquidity risk management practices against supervisory guidance, and will perform independent assessments on the firm's liquidity risk management processes.
This is an individual contributor role reporting into the Director of Liquidity and Capital Risk Oversight.
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:
Preferred Qualifications:
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 Risk Oversight (LRO) Function is situated within the Financial Risk Management (FRM) department under the Corporate Risk Management (CRM) organization. The team's primary function is to provide independent oversight and effective challenge of the firmwide liquidity risk management.
The Senior Manager, Liquidity Risk will provide independent analysis and effective challenge of liquidity stress testing assumptions, methodologies, and processes. This person will support the building and maintaining analytical tools to understand variances in the firmwide liquidity position and liquidity stress testing metrics (internal stress testing and LCR). The Senior Manager will also source internal data and conduct analysis in support of liquidity monitoring activities by the "second line of defense" including risk limit levels. In accordance with the firm's risk appetite, this person will calculate, monitor, and report liquidity risk metrics, will conduct gap analyses of liquidity risk management practices against supervisory guidance, and will perform independent assessments on the firm's liquidity risk management processes.
This is an individual contributor role reporting into the Director of Liquidity and Capital Risk Oversight.
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 in Finance or business-related field
- 3+ years of liquidity risk management experience (Treasury, Risk Management, Regulatory Agency, Consulting)
Preferred Qualifications:
- Master's degree in Business, Finance, or related field
- CFA or other related certification
- Familiarity with a bank's balance sheet
- Familiarity with analytical methods and techniques
- A general understanding of regulations pertaining to liquidity (Prudential Standards, SR 10-6)
- Working knowledge of SQL, Tableau
- Excellent communication and interpersonal skills, ability to interact cross functionally
- Strong process orientation and analytical skills
- Ability to build Tableau liquidity and capital reporting dashboards
- Self-motivated, able to multi-task, perform under strict deadlines, and able to develop new processes
- Strong partnership skills coupled with an ability to challenge
- Proficiency in using technology to query databases and prepare documentation for senior leaders
- Experience creating presentations for executive audiences