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

Required Qualifications:

• 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.

Preferred Qualifications:

• 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, 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

CO Salary Range: USD $90,000 - $200,100 / Year

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

Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at applicantaccessibility@schwab.com or call 800-275-1281.