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Senior Manager, Financial Risk Management
- Charles Schwab (Westlake, TX)
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Your opportunity
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.
This is a role where you will be able to grow your expertise through consistent challenges with the backing of passionate leaders who will value your contributions and encourage your development.
The Finance Risk Management (FRM) function is an in-business risk function within Finance, which designs and implements a cohesive risk management strategy and framework to adequately identify and mitigate financial risk while driving innovation and business growth. The mandate encompasses liquidity risk, interest rate risk, capital risk and regulatory risk management across the Finance organization.
Additionally, the FRM function collaborates with the second line Corporate Risk Management and Model Risk Oversight functions in the development and enhancement of risk management policies, procedures, and limits across the Finance risk disciplines. We partner across the firm to improve efficiency, effectiveness, and productivity by safeguarding financial flexibility to enable the company strategy.
We are seeking a Senior Manager – Models & Methodology to join the group reporting to the Head of Models & Methodology.
What you have
Required Qualifications:
+ Bachelor’s degree
+ 10+ years of related work experience.
+ Knowledge of leading Liquidity Risk Management standards and modelling practices, including the FR2052a/LCR/NSFR, Liquidity Stress Testing, or Recovery and Resolution Planning
+ Knowledge of leading Asset-Liability Management, Interest Rate Risk Management in the Banking Book, or Funds Transfer Pricing standards and modelling practices
+ Knowledge of CCAR/DFAST or other Capital Stress Testing or Planning
+ Experience with financial systems and bank data management
+ Experience with Model Risk Management standards and practices
+ Excellent analytical, strategic planning, and problem-solving skills
+ Excellent oral and written communication skills and ability to engage senior stakeholders
+ Self-directed, able to multi-task, and perform under strict deadlines
+ Ability to create presentations for executive audiences
Preferred Qualifications:
+ MBA or Master's Degree in a quantitative dicipline
+ Experience with SQL, Python, R, or similar languages and applications
What You'll do:
+ Work with Finance partners and the Transformation teams to adopt an integrated and robust modelling infrastructure across Finance by assessing, testing, and documenting evolving models and methodologies.
+ Assess and advise on evolving interpretations of financial risk regulatory standards
+ Work with Finance partners to review data controls that support liquidity risk, market risk, and capital stress testing models and reports
+ Aid in balance sheet strategy by implementing appropriate client segmentation to optimize client growth, net interest margin, and funding resilience.
In addition to the salary range, this position is also eligible for bonus or incentive opportunities.
What’s in it for you
At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
+ 401(k) with company match and Employee stock purchase plan
+ Paid time for vacation, volunteering, and 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
What’s in it for you:
At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
401(k) with company match and Employee stock purchase plan
Paid time for vacation, volunteering, and 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
Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at [email protected] or call 800-275-1281.
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