Senior Manager, Financial Risk Program 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.
The Financial Risk Management (FRM) team enables Schwab to make the most informed financial risk management decisions that are consistent with the Firm’s risk appetite by producing reliable, transparent, and insightful independent research and analysis. The successful candidate will work closely with our subject matter experts in the areas of Risk and Control Self-Assessment (RCSA) oversight of financial risks – credit, market, capital, and liquidity risks, across the firm.
In this individual contributor position, you will play a crucial role in continuing to enhance our governance, internal controls and risk oversight program through RCSA oversight activities and ensuring that our policies and procedure reflect the Firm’s established risk appetite and risk acceptance parameters while evolving with the regulatory landscape. You are expected to be a self-starter with the ability to manage a broad range of responsibilities.
- Perform RCSA oversight activities, including identifying KRIs, issuing Effective Challenge and Issue Management
- Identify and rate key financial risks across the firm, including New Product and New Project risks
- Conduct Risk Identification and Risk Assessment
- Evolve essential elements of financial risk management including policies, frameworks, and procedures
- Act as a primary point of contact to various business partners such as FRM SMEs, Enterprise & Operational Risk Management (EORM) and internal audit
- Assist on emerging initiatives on behalf of Financial Risk Management
What you have
Required Qualifications:
- Bachelor’s degree
- 8 to 10 years of working experience within the financial services industry, preferably with a focus on treasury or risk management
- 8+ years of working knowledge of financial risks – credit, market, capital and liquidity risks
Preferred Qualifications:
- MBA
- 5+ year experience in RCSA methodology and principals
- Well-developed organizational and interpersonal skills
- Excellent written and verbal communications skills to interact with business partners and senior management
- Demonstrated ability to use good judgment and to work independently
- Flexibility and ability to adapt to changing requirements and assignments
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
Required Qualifications:
- Bachelor’s degree
- 8 to 10 years of working experience within the financial services industry, preferably with a focus on treasury or risk management
- 8+ years of working knowledge of financial risks – credit, market, capital and liquidity risks
Preferred Qualifications:
- MBA
- 5+ year experience in RCSA methodology and principals
- Well-developed organizational and interpersonal skills
- Excellent written and verbal communications skills to interact with business partners and senior management
- Demonstrated ability to use good judgment and to work independently
- Flexibility and ability to adapt to changing requirements and assignments
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.