What are the responsibilities and job description for the Senior Manager – ALM Analytics and Reporting position at Charles Schwab?
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.
The Balance Sheet Forecasting and Analytics team is a team within our Corporate Treasury department. We are responsible for balance sheet management strategy, portfolio and brokered deposit notional investment allocation decisions, balance sheet modeling and analytics, market risk management, Asset Liability Management (ALM) derivatives, and net interest income forecasting. The overall team manages fixed-income investments in several portfolios totaling over $200 billion, with approximately $480 billion in total balance sheet assets and $85 billion in off-balance-sheet brokered deposit agreement notional investments. The Balance Sheet Forecasting and Analytics responsibilities roll up to our Treasury Capital Markets (TCM) organization, which includes: ALM, fixed income investing and other balance sheet modeling activities.
Reporting to the Director, Balance Sheet Forecasting and Analytics, you will lead a team shaping the future of our balance sheet analytics and reporting. Initially this role will lead the team to focus on revamping and automating: Executive Asset Liability Committee (ALCO), applicable Sub Committees and other standard reporting materials. Longer-term this team is tasked with developing a suite of balance sheet analytics to drive additional strategic and risk management insights from the business-as-usual forecasting process.
Your team will continue transforming the balance sheet forecasting data analytics used to inform management decisions, develop effective business intelligence strategies and analytical solutions to contribute to several ALM objectives for monthly forecasting purposes, and develop reporting & analytics automation. You will also plan and direct the ALCO production process, create & monitor deliverables in accordance with policy and procedures, and exercise risk mitigation & governance needs.
You’ll collaborate with risk partners, product leaders and others across the firm while playing a key role in managing risk across the Schwab and the specific legal entities.
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 prioritize your development.
What you have
Required
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:
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 Balance Sheet Forecasting and Analytics team is a team within our Corporate Treasury department. We are responsible for balance sheet management strategy, portfolio and brokered deposit notional investment allocation decisions, balance sheet modeling and analytics, market risk management, Asset Liability Management (ALM) derivatives, and net interest income forecasting. The overall team manages fixed-income investments in several portfolios totaling over $200 billion, with approximately $480 billion in total balance sheet assets and $85 billion in off-balance-sheet brokered deposit agreement notional investments. The Balance Sheet Forecasting and Analytics responsibilities roll up to our Treasury Capital Markets (TCM) organization, which includes: ALM, fixed income investing and other balance sheet modeling activities.
Reporting to the Director, Balance Sheet Forecasting and Analytics, you will lead a team shaping the future of our balance sheet analytics and reporting. Initially this role will lead the team to focus on revamping and automating: Executive Asset Liability Committee (ALCO), applicable Sub Committees and other standard reporting materials. Longer-term this team is tasked with developing a suite of balance sheet analytics to drive additional strategic and risk management insights from the business-as-usual forecasting process.
Your team will continue transforming the balance sheet forecasting data analytics used to inform management decisions, develop effective business intelligence strategies and analytical solutions to contribute to several ALM objectives for monthly forecasting purposes, and develop reporting & analytics automation. You will also plan and direct the ALCO production process, create & monitor deliverables in accordance with policy and procedures, and exercise risk mitigation & governance needs.
You’ll collaborate with risk partners, product leaders and others across the firm while playing a key role in managing risk across the Schwab and the specific legal entities.
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 prioritize your development.
What you have
Required
- 7 years relevant experience with an emphasis on a mix of the following: ALM, fixed income analytics, capital markets, market risk or relevant Treasury-related functions, analytics, reporting.
- 3 years of people leadership including overseeing diverse teams and motivating employees to achieve both tactical and strategic delivery goals.
- Experience with FP&A and/or risk management processes. Success running a highly visible production process.
- Knowledge of fixed-income investment portfolio forecasting.
- Expertise in data analytics/visualization tools such as Python, Tableau, Alteryx, Excel, PowerPoint, and SharePoint.
- Enthusiasm to work in white space and the ability to create innovative analyses to help drive the strategy for the company.
- Exceptional leadership, communication, and interpersonal skills.
- Proven ability to work cross-functionally and influence stakeholders at all levels.
- Strong attention to detail, analytical and problem-solving abilities.
- Demonstrated ability to drive change and implement process improvements.
- Bachelor’s degree required. Master’s degree preferred.
- Proficiency with ALM software, such as PolyPaths or QRM, is preferred.
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
