Full-Time

Senior Manager

Liquidity Risk Oversight

Confirmed live in the last 24 hours

Charles Schwab

Charles Schwab

10,001+ employees

No salary listed

Mid, Senior

San Francisco, CA, USA + 2 more

More locations: Chicago, IL, USA | Southlake, TX, USA

Category
Risk Management
Finance & Banking
Required Skills
Risk Management
Data Analysis
Requirements
  • Bachelor’s degree in Finance or business-related field
  • 3+ years of liquidity risk management experience (Treasury, Risk Management, Regulatory Agency, Consulting)
Responsibilities
  • Provide independent analysis and effective challenge of liquidity stress testing assumptions, methodologies, and processes
  • Support the building and maintaining analytical tools to understand variances in the firmwide liquidity position and liquidity stress testing metrics (internal stress testing and LCR)
  • Source internal data and conduct analysis in support of liquidity monitoring activities by the 'second line of defense' including risk limit levels
  • Calculate, monitor, and report liquidity risk metrics in accordance with the firm’s risk appetite
  • Conduct gap analyses of liquidity risk management practices against supervisory guidance
  • Perform independent assessments on the firm’s liquidity risk management processes
Desired Qualifications
  • Master’s degree in Business, Finance, or related field
  • CFA or other related certification
  • Familiarity with a bank’s balance sheet
  • Familiarity with analytical methods and techniques
  • A general understanding of regulations pertaining to liquidity (Prudential Standards, SR 10-6)
  • Working knowledge of SQL, Tableau
  • Excellent communication and interpersonal skills, ability to interact cross functionally
  • Strong process orientation and analytical skills
  • Ability to build Tableau liquidity and capital reporting dashboards
  • Self-motivated, able to multi-task, perform under strict deadlines, and able to develop new processes
  • Strong partnership skills coupled with an ability to challenge
  • Proficiency in using technology to query databases and prepare documentation for senior leaders
  • Experience creating presentations for executive audiences

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1973

Simplify Jobs

Simplify's Take

What believers are saying

  • Schwab's digital asset expansion taps into growing cryptocurrency interest.
  • Wealth.com investment aligns with rising demand for digital estate planning.
  • 24/5 trading expansion meets modern traders' needs and increases client engagement.

What critics are saying

  • TD Bank's stake sale may affect investor confidence in Schwab.
  • Increased competition from TXSE could attract clients away from Schwab.
  • Bernie Clark's retirement may lead to leadership challenges in the RIA program.

What makes Charles Schwab unique

  • Schwab's RIA program supports independent advisors with tailored services.
  • Investment in Wealth.com enhances Schwab's estate planning capabilities.
  • 24/5 trading access positions Schwab as a leader in modern trading.

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Benefits

Professional Development Budget

Company News

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Schwab launches RIA program for independent advisors.

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WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation today announced it has made a minority investment in Wealth.com, the #1 rated estate planning platform in wealth...

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Feb 13th, 2025
Schwab Makes Expanded 24-Hour Trading Available To All Clients

Charles Schwab, a leader in investing and trading with $10.10 trillion in total client assets that facilitates approximately six million daily average trades globally, today announced the launch of broad access to an expanded range of securities in the overnight trading session following a series of successful pilots at the end of 2024. Now, all Schwab clients globally can trade an expanded list of securities including the S&P 500 and Nasdaq-100 stocks 24 hours a day, five days a week (24/5), via the thinkorswim® platform suite.Ameritrade, which was acquired by Schwab in 2020, pioneered 24/5 trading in 2018 as the first U.S. retail broker-dealer to make it available to traders. Schwab began piloting expanded overnight access with a small group of clients in November 2024 and has gradually expanded the reach in the intervening months in preparation for broad availability.James Kostulias, Managing Director and Head of Trading Services at Charles Schwab, said: “We are proud to have been at the forefront of overnight trading several years ago and that we are continuing to evolve and enhance our capabilities and platforms to meet the needs of today’s modern traders.“Each day, Schwab facilitates about twice the trades of any competitor that shares that figure publicly, and we know that expanding access to overnight trading to our millions of clients is a significant milestone not just for Schwab, but for our industry. In consideration of Schwab’s leadership position and our ‘through clients’ eyes’ strategy, we have worked hard to combine the power of our world-class trading platforms, specialised 24-hour service and support, and tailored education to deliver an overnight trading experience that reflects the unique dynamics and potential risks this offering can present, while empowering clients to trade in the ways that suit them and their lifestyle best.”Insights from Schwab’s recent 24/5 expansion pilotDuring the expanded 24/5 pilot period, which ran from November 2024 through January 2025, a small group of clients were able to trade between the hours of 01:00-09:00 GMT/20:00-04:00 ET. The most active trading hours of the overnight session were the first and last, between 01:00-02:00 GMT/20:00-21:00 ET and 08:00-09:00 GMT/03:00-04:00 ET.The stocks Schwab clients most actively bought, sold, or both during the pilot were:Tesla Inc

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Feb 10th, 2025
TD Bank Selling Charles Schwab Stake to Combat AML Fallout | PYMNTS.com

TD Bank is reportedly selling its 10.1% stake in investment firm Charles Schwab. That’s according to a report Monday (Feb. 10) by The Wall Street Journal