Director – Head of Collateral Management
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.
Collateral Management is a critical function of Treasury at the Bank. Reporting to the Managing Director, Head of Securities Funding and Optimization, this Director will focus on developing and executing a collateral management strategy integrated with the liquidity, capital and balance sheet management frameworks of Charles Schwab Corporation. This highly cross-functional role will partner with Liquidity, Capital, Securities Lending, Securities Finance within Treasury as well as Operations, and 2nd Line Finance Risk Management to build a scalable, regulatory driven optimization framework that supports growth under balance sheet expansive conditions.
What you have
Required Experience:
10-15+ years in collateral management, securities finance, clearing or prime services
Precise understanding of collateral requirements and post trade work flows of derivatives margin & securities financing markets (repo, sec lending, upgrades)
Ability to drive cross-functional initiative, influence stakeholders and effectively communicate to senior management in Treasury and Finance
Comfortable working in control-heavy, regulated environment
Experience staying abreast of the evolving regulatory landscape and demonstrating impeccable judgement to prioritize numerous initiatives in flight
Detail orientated and execution focused
Proven team leader
Bachelor’s degree required
Key Objectives:
Define and lead firmwide strategy for collateral allocation
Identify and reduce trapped liquidity and inefficient collateral usage
Drive collateral optimization initiatives across Derivatives Margin, Secured Financing and Securities Lending/Borrowing transactions
Improve visibility into firmwide, intraday collateral requirements and availability
Partner with Liquidity on collateral forecasting models under base and stress scenarios
Partner with Treasury Command Center to develop post allocation analysis models to identify and drive consistent efficiency improvements
Ensure collateral management strategies are aligned to evolving regulatory landscape (15c3-1, 15c3-3, LCR, etc.)
Establish clear ownership, governance and escalation processing for collateral usage
Strengthen controls, documentation, and auditability for collateral management roles and processes
Serve as senior communicator and integrator across Liquidity, Securities Finance and Optimization, Securities Lending and Operations
In addition to the salary range, this role 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 you are good at
What you have
Required Experience:
10-15+ years in collateral management, securities finance, clearing or prime services
Precise understanding of collateral requirements and post trade work flows of derivatives margin & securities financing markets (repo, sec lending, upgrades)
Ability to drive cross-functional initiative, influence stakeholders and effectively communicate to senior management in Treasury and Finance
Comfortable working in control-heavy, regulated environment
Experience staying abreast of the evolving regulatory landscape and demonstrating impeccable judgement to prioritize numerous initiatives in flight
Detail orientated and execution focused
Proven team leader
Bachelor’s degree required
Key Objectives:
Define and lead firmwide strategy for collateral allocation
Identify and reduce trapped liquidity and inefficient collateral usage
Drive collateral optimization initiatives across Derivatives Margin, Secured Financing and Securities Lending/Borrowing transactions
Improve visibility into firmwide, intraday collateral requirements and availability
Partner with Liquidity on collateral forecasting models under base and stress scenarios
Partner with Treasury Command Center to develop post allocation analysis models to identify and drive consistent efficiency improvements
Ensure collateral management strategies are aligned to evolving regulatory landscape (15c3-1, 15c3-3, LCR, etc.)
Establish clear ownership, governance and escalation processing for collateral usage
Strengthen controls, documentation, and auditability for collateral management roles and processes
Serve as senior communicator and integrator across Liquidity, Securities Finance and Optimization, Securities Lending and Operations
In addition to the salary range, this role is also eligible for bonus or incentive opportunities.
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.