Manager, Financial Risk 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.
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 encourage your development.
The Finance Risk Management (FRM) function is an in-business risk function within Finance, which designs and implements a cohesive risk management strategy and framework to adequately identify and mitigate risk while driving innovation and business growth. The mandate encompasses liquidity risk, interest rate risk, capital risk and regulatory risk management across the Finance organization.
Additionally, the FRM function collaborates with the second line Corporate Risk Management function in the development and enhancement of risk management policies, procedures, and limits across the Finance risk disciplines. We partner across the firm to improve efficiency, effectiveness, and productivity by safeguarding financial flexibility to enable the company strategy.
We are seeking a Manager – Models & Methodology to join the group reporting to the Head of Models & Methodology.
What you have
The following qualifications are required:
- Bachelor’s degree.
- 5+ years of related work experience.
- Demonstrated detailed knowledge of finance and/or risk management.
- Knowledge of broker dealer and bank risk management capabilities.
- Knowledge of Capital, Liquidity, Interest Rate and Regulatory Risk Management practices.
- Knowledge of Enhanced Prudential Standard requirements and other relevant regulation.
- Experienced with sweep deposit programs.
- Experienced with financial systems and financial data.
- Excellent analytical, strategic planning, problem solving skills.
- Ability to translate sophisticated business problems into discrete quantifiable components.
- Excellent oral and written communication skills and ability to interact cross-functionally.
- Self-motivated, able to multi-task, perform under strict deadlines, and able to develop new processes.
The following qualifications are preferred:
- MBA preferred.
- CFA, CPA or FRM professional designation preferred.
- Experience creating presentations for executive audiences.
What you'll do:
- Support development of comprehensive and consistent methodologies for risk modelling and measurement across Finance, ensuring safety and soundness while enabling optimization, forecasting, and strategic decision-making.
- Guide internal stress testing scenarios and assumptions as well as regulatory stress testing interpretations across Finance risk stripes.
- Work with Finance partners and Transformation team to adopt an integrated and robust infrastructure to effectively measure and manage risk across Finance by assessing, enhancing, and evolving models and methodologies.
- Aid in deposit pricing strategy by implementing appropriate client segmentation to optimize client growth, net interest margin and funding resilience.
- Assist in aligning incentives to risk exposures through reliable ways for Transfer Pricing at various levels (business, product, and legal entity).
In addition to the salary range, this position 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
The following qualifications are required:
- Bachelor’s degree.
- 5+ years of related work experience.
- Demonstrated detailed knowledge of finance and/or risk management.
- Knowledge of broker dealer and bank risk management capabilities.
- Knowledge of Capital, Liquidity, Interest Rate and Regulatory Risk Management practices.
- Knowledge of Enhanced Prudential Standard requirements and other relevant regulation.
- Experienced with sweep deposit programs.
- Experienced with financial systems and financial data.
- Excellent analytical, strategic planning, problem solving skills.
- Ability to translate sophisticated business problems into discrete quantifiable components.
- Excellent oral and written communication skills and ability to interact cross-functionally.
- Self-motivated, able to multi-task, perform under strict deadlines, and able to develop new processes.
The following qualifications are preferred:
- MBA preferred.
- CFA, CPA or FRM professional designation preferred.
- Experience creating presentations for executive audiences.
What you'll do:
- Support development of comprehensive and consistent methodologies for risk modelling and measurement across Finance, ensuring safety and soundness while enabling optimization, forecasting, and strategic decision-making.
- Guide internal stress testing scenarios and assumptions as well as regulatory stress testing interpretations across Finance risk stripes.
- Work with Finance partners and Transformation team to adopt an integrated and robust infrastructure to effectively measure and manage risk across Finance by assessing, enhancing, and evolving models and methodologies.
- Aid in deposit pricing strategy by implementing appropriate client segmentation to optimize client growth, net interest margin and funding resilience.
- Assist in aligning incentives to risk exposures through reliable ways for Transfer Pricing at various levels (business, product, and legal entity).
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.