Intraday Liquidity Risk Manager

DescriptionYour opportunity at Schwab empowers you 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 manages liquidity and funding planning across the corporation and its subsidiaries. They monitor adherence to regulatory ratios including the Liquidity Coverage Ratio (LCR) and develop tools for analyzing liquidity impacts of business decisions. This is an individual contributor role within the Funding Management group.Company Culture and EnvironmentAt Schwab, we have a purpose-driven and supportive culture that focuses on employee development. We believe in the value of teamwork and collaboration, balancing flexibility in work arrangements with in-person interactions to foster strong relationships.Career Growth and Development OpportunitiesSchwab is committed to empowering employees’ personal and professional success through continuous development opportunities, including mentorship and training programs designed to enhance skills and support career advancement.Detailed Benefits and PerksWe offer a competitive benefits package that takes care of the whole you, including:• Paid time for vacation, volunteering, and a 28-day sabbatical after every 5 years of service for eligible positions• Paid parental leave and family building benefits• Tuition reimbursement• Health, dental, and vision insurance• 401(k) with company match and employee stock purchase planCompensation and BenefitsIn addition to a competitive salary range, this position is eligible for bonus or incentive opportunities.Why you should apply for this position todayThis role offers you the chance to contribute significantly to the finance industry while developing valuable skills in liquidity management. You will be part of a collaborative team that values innovation and strategic thinking.Skills• Bachelor’s degree required; MBA preferred• CFA, CPA, or FRM professional designation preferred• 5+ years in finance with 3+ years managing Intraday Liquidity Risk for a financial institution• Deep knowledge of broker/dealer and bank liquidity requirements• Excellent analytical, strategic planning, and problem resolution skills• Ability to translate complex business problems into quantifiable components• Excellent oral and written communication skillsResponsibilities• Responsible for the firm-wide intraday liquidity management framework• Design and implement monitoring metrics and reports on intraday liquidity• Identify intraday cash flow patterns and collaborate on optimization• Partner with the Cash Management team to enhance intraday liquidity monitoring practices• Monitor trading activities and proactively identify emerging liquidity risks• Assist in optimizing intercompany funding venues• Prepare and review materials for ALCO, senior management, and Board committeesQualifications• Proven detailed knowledge of finance• Experienced with treasury functions, including debt and capital instruments• Experienced with sweep deposit programs and financial systemsEducation Requirements• Bachelor’s degree in Finance or a related fieldEducation Requirements Credential Category• MBA preferred, along with relevant professional designations such as CFA, CPA, or FRMExperience Requirements• 5+ years of relevant experience in finance, particularly in managing liquidity risks for large financial institutionsWhy work in Westlake, TXWestlake offers a dynamic business environment and a strong community focus, making it an attractive place to live and work. The area is known for its high-quality living standards, access to excellent schools, and a vibrant community, providing a well-rounded lifestyle that supports both personal and professional growth.