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 preferredCFA, CPA or FRM professional designation preferred5+ Years in finance with 3+ years of experience managing Intraday Liquidity Risk for a Category IV or larger financial institutionDemonstrated detailed knowledge of financeDeep knowledge of broker / dealer liquidity requirements (series 27 preferred)Deep knowledge of bank liquidity requirementsExperienced with treasury functions including debt and capital instrumentsExperienced with sweep deposit programs.Experienced with financial systems and financial dataExcellent analytical, strategic planning, problem resolution skillsAbility to translate sophisticated business problems into discrete quantifiable componentsExcellent oral and written communication skillsWhat you'll do:
Responsible for the firm wide intraday liquidity management frameworkDesign and implement monitoring metrics and reports on intraday liquidityIdentify intraday cash flow patterns and drivers and collaborate with cross functional teams on optimizationPartner with the Cash Management team to automate and enhance intraday liquidity monitoring practicesMonitor customer trading activities and option trading and proactively identify emerging intraday liquidity risksRemain abreast of the macro-economic environment, funding markets, and regulatory guidelinesAssist in optimizing intercompany funding venues to deploy liquidity efficiently across the organizationAssist with booking trades for the funding desk: commercial paper, internal/external repo, internal/external credit lines, and FHLB borrowingPrepare and review ALCO, senior management, and Board committee materialsIn addition to the salary range, this position is also eligible for bonus or incentive opportunities.
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