Manager - Collateral Management

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. This is an individual contributor role within the Funding Management group.

What you have

• Bachelor's degree required; MBA preferred
• CFA, CPA or FRM professional designation preferred
• 5+ years of related work experience
• Understanding of collateral impacts on Liquidity Regulatory Reporting ( LCR, NSFR, 2052a) preferred.
• Demonstrated detailed knowledge of finance
• Deep knowledge of broker / dealer liquidity and collateral requirements
• Extensive experience and knowledge required in broker/dealer operations
• Experienced with treasury functions including debt and capital instruments
• 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:

• Own the firm wide collateral management and monitoring framework
• Lead implementation of a centralized, holistic collateral management tool for inventory management, collateral optimization, and movements
• OCC & NSCC clearing house subject matter expert: including collateral and cash requirement methodologies, research, forecasting and modeling
• Understanding of broker dealer segregation routines
• Optimize collateral selections for liquidity and pledging purposes while collaborating with the securities lending groups
• Develop and publish dashboards and reporting that is readily available to team members and leadership
• Drive automation of collateral and liquidity reporting and build robust analytics to support collateral pledging activities
• Broker dealer subject matter expert for items impacting liquidity, 15c3-3, and 15c3-1and segregations routines
• Monitor assets pledged to our counterparties across all legal entities
• Work with cross functional teams to identify ways to reduce collateral requirements
• Identify and monitor assets that are unencumbered and available to be pledged
• Monitor and ensure collateral availability to support secured funding activities
• Assist with booking trades and UAT testing in Calypso for the funding desk: commercial paper, internal/external repo, internal/external credit lines, and FHLB borrowing
• Provide ad hoc projects, primarily related to liquidity

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