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 conduct and maintain the Internal Liquidity Stress Testing model as required by Enhanced prudential Standards. We also develop tools to assist our business partners in analyzing the liquidity impacts of business decisions. 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 Liquidity Analytics group
What you have Experience with data analysis and data interpretation, including experience with very large data sets;Advanced SQL skill to extract information from various applications and systems and to identify and research anomaliesExcellent analytical, strategic planning, complex problem resolution and leadership skills;Ability to translate complex business problems into discrete quantifiable components;Knowledge of regulatory rules (LCR, NSFR, Enhanced Prudential Standards, Basel III, Liquidity Stress Testing), is highly preferred;Bachelor’s degree required; advanced degree a plus;5+ years of related work experience in a financial organization;General understanding of statistical methodologies and applications;Basic knowledge of finance and accounting, particularly in the bank and broker-dealer space;Advanced skills in Excel;Knowledge of Python or other program language is a plus;Excellent oral and written communication skills;Ability to construct and utilize complex financial models;Strong interpersonal and management skills with the demonstrated ability to build cross-functional relationships and to interact effectively with senior management;Strong project management skills and the ability to organize and manage multiple, changing priorities;What you'll do:
Produce monthly production run of internal liquidity stress testing model for multiple legal entities Assist in appropriately sizing liquidity buffer requirements as required by Enhanced Prudential StandardsPerform data analysis and research in refining internal liquidity stress testing assumptionsInterface with second/third line of defense functions in support of related inquiries, audits and effective challengesPerform sensitivity analysis to support internal liquidity stress testing assumption changesPartner with technology team in UAT testing for deploying internal liquidity stress testing assumption and model changesAssist in maintenance of methodology document, model validations in accordance with model governance requirementsAssist in preparing internal liquidity stress testing assumption presentations for FINROC Liquidity & Capital SubcommitteeAssist in preparing quarterly liquidity buffer requirement approval and assumptions & methodologies approval presentations to FINROC Liquidity & Capital Subcomittee
In addition to the salary range, this role is also eligible for bonus or incentive opportunities.
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