Liquidity risk manager

Your OpportunityAt 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 Capital Risk Oversight 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 firm-wide liquidity risk management processes and capital risk reporting.In this role you will lead the Liquidity Risk Management (LRM) Processes Review Framework design. The independent assessments you will conduct will give you exposure to many of the firm's LRM processes including, but not limited to : Internal Liquidity Stress Testing (ILST), Liquidity Buffer, Liquidity Risk Limits, Collateral Management, Contingency Funding Plan, New Products Approval, Intraday Liquidity Risk, Funds Transfer Pricing.You'll also conduct gap analyses of liquidity risk management practices against supervisory guidance (Regulation LL YY , SR 10-6, etc.and will partner with Enterprise and Operational Risk Management (EORM) to ensure framework is consistent with EORM's Standards as you evaluate whether the underlying methodologies are consistent with sound business practices.Your input will be key in the preparation of presentation materials, including the Annual Liquidity Risk Management Assessment, for the Board and senior management risk committees.This is an individual contributor role reporting into the Director of Liquidity and Capital Risk Oversight.What you haveRequired Qualifications• Bachelor's degree in Finance or business related field• 5+ years of liquidity risk management or risk management experience (Treasury, Risk Management, Regulatory Agency, Consulting)Preferred Qualifications• Strong partnership skills coupled with an ability to challenge, prepare documentation for senior management, and communicate results to senior management.• A Master's degree in Business, Finance, or other related field• CFA or other related certification• Familiarity with a bank and broker-dealer's balance sheet• A general understanding of regulations pertaining to liquidity (Prudential Standards, SR 10-6)• Excellent communication and interpersonal skills, ability to interact cross-functionally• Strong process orientation and analytical skills• Self-motivated, able to multi-task, perform under strict deadlines, and able to enhance existing processesLast updated : 2024-09-14