Manager Capital Stress Testing
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.
The Capital Stress Testing (CST) group within Treasury manages the execution and delivery of the Dodd-Frank Act Stress Test (DFAST) and Comprehensive Capital Analysis and Review (CCAR) capital stress testing exercises for the Corporation and its subsidiaries as well as the resolution planning activities for Schwab Bank. We own the design, implementation, and the gathering of documentation from groups across the organization. As Schwab’s financial profile and regulatory requirements evolve, so does our department. Our team also integrates other regulatory requirements into the firm’s framework and performs ad hoc analyses such as peer analytics.
In this role, you will support the governance of the capital stress testing program by tracking the CST model landscape and conducting ad-hoc analyses to support program initiatives. This highly visible and central role will collaborate with various internal partners to drive a firm-wide approach to realize a broad set of objectives.
What you have
- At least 3 years of prior work experience at a financial services organization
- Experience with banking/financial services regulatory requirements preferred
- Proficiency in Excel and prior experience using SharePoint, Tableau, and Workiva
- Demonstrated data management experience with the ability to organize, manage and distill data for management reporting
- Excellent time management skills and ability to deliver with multiple competing deadlines
- Strong interpersonal skills with strengths in building cross-functional relationships and interacting effectively with peers across the firm; a high energy individual is preferred
- Excellent oral and written communication skills
- High attention to detail
- Bachelor’s degree required
What you'll do:
- Execute and support governance activities around the CST model landscape
- Collaborate with model developers and validators to monitor the CST model readiness
- Maintain data repositories to support modeling activities
- Perform ad-hoc analyses to support program initiatives and prepare management reporting materials
- Partner with internal business partners such as Central Finance, Risk Analytics, to ensure alignment across capital stress testing governance activities
- Support the leadership of CST in the execution of program management responsibilities, progress monitoring, and stakeholder communication
- Assist in the preparation of the Capital Plan
- Develop subject matter expertise in CST regulations
In addition to the salary range, this position is also eligible for bonus or incentive opportunities
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
What you are good at
What you have
- At least 3 years of prior work experience at a financial services organization
- Experience with banking/financial services regulatory requirements preferred
- Proficiency in Excel and prior experience using SharePoint, Tableau, and Workiva
- Demonstrated data management experience with the ability to organize, manage and distill data for management reporting
- Excellent time management skills and ability to deliver with multiple competing deadlines
- Strong interpersonal skills with strengths in building cross-functional relationships and interacting effectively with peers across the firm; a high energy individual is preferred
- Excellent oral and written communication skills
- High attention to detail
- Bachelor’s degree required
What you'll do:
- Execute and support governance activities around the CST model landscape
- Collaborate with model developers and validators to monitor the CST model readiness
- Maintain data repositories to support modeling activities
- Perform ad-hoc analyses to support program initiatives and prepare management reporting materials
- Partner with internal business partners such as Central Finance, Risk Analytics, to ensure alignment across capital stress testing governance activities
- Support the leadership of CST in the execution of program management responsibilities, progress monitoring, and stakeholder communication
- Assist in the preparation of the Capital Plan
- Develop subject matter expertise in CST regulations
In addition to the salary range, this position 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.