What are the responsibilities and job description for the Director - Liquidity Risk Oversight - (PL) position at The Charles Schwab Corporation?
Your OpportunityAt 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 Risk Oversight (LRO) Function is situated within the Financial Risk Management (FRM) department under the Corporate Risk Management (CRM) organization. The team’s primary function is to provide independent oversight and effective challenge of the firm-wide liquidity risk management. What you’ll do : Lead the LRO team responsible for maintaining and enhancing liquidity risk oversight framework covering risk identification, monitoring, escalation, and reportingLiaise with the 1LOD to understand, analyze and draw conclusions with respect to potential funding and liquidity risksPerform gap assessment against industry standards / regulatory requirements, work cross-functionally to close gaps Ensure effective communication of risk to senior management and the BoardLead critical projects with high visibility and impact, including any related regulatory remediationWork with data governance and model risk teams to support efficient analytics platforms, including daily liquidity monitoring and Liquidity Stress TestingThis is a people leader role reporting into the Managing Director of Financial Risk Management.What you haveThe Director, Liquidity Risk Oversight must have experience working in financial institutions, preferably both bank and broker-dealer, possess great partnership skills coupled with an ability to challenge, and effective verbal and written communication skills.The following qualifications are required : Bachelor’s degree in Finance, Economics, or business related field5 years of working in a financial institution in Treasury or Financial Risk Oversight functionsFamiliarity with regulations pertaining to liquidity (Reg LL / YY, SR 10-6)Knowledge of bank and broker-dealer’s balance sheetExcellent communication and interpersonal skills, ability to challenge and interact cross-functionallyStrong process orientation and analytical skillsSelf-motivated, able to multi-task and perform under strict deadlinesThe following qualifications are preferred : 10 years of working in financial institution subject to Prudential Standards in Treasury or Financial Risk Oversight functionsA Master’s degree in business related field or CFA / other related certificationExperience managing high-performing teamsExperience creating presentations for executive audiencesIn addition to the salary range, this role is also eligible for bonus or incentive opportunities.Job SummaryRequisition ID : 2025-106929Posted Date : 10 hours ago(1 / 14 / 2025 12 : 29 PM)Category : Risk & RegulatorySalary Range : USD $119,000.00 - $264,600.00 / YearApplication deadline : 1 / 24 / 2025Position Type : Full time
Salary : $119,000 - $264,600
