Sr. Manager, Liquidity Risk

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Job ID:
20170522-2561
Job Category:
Risk Management
Relevant Work Experience:
Risk Analysis
Current Licenses / Certifications:
None
Position Located In:
IL - Chicago
Education:
MA/MS/MBA
Job Type:
Full Time
Description:

Chicago - IL, IL150SW, 150 S Wacker Dr, 60606-4111
Julie Rulis
20170522-2561

We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Our Opportunity:

The Liquidity Risk Team is situated within Market and Investment Risk (MIR) under the broader Corporate Risk Management (CRM) organization. The team’s primary function is to independently assess liquidity risk and effectively challenge the First Line of Defense's activities and decisions.

In this role you will demonstrate strong analytical and data management skills to support the upgrade and maintenance of the liquidity risk reporting structure. You will also build liquidity risk models and conduct performance monitoring and metrics. You will collaborate with Liquidity, Market, Capital, and Credit Risk Management teams across the Firm.

What you’ll do:

  • Aid in the design and implementation of the liquidity risk reporting structure
  • Calculate daily, monthly , and quarterly internally developed and regulatory prescribed (LCR) liquidity metrics
  • Source internal data and conduct statistical analysis in support of liquidity monitoring activities by the “second line of defense”
  • Support the ongoing maintenance and change management of liquidity stress testing models and assumptions
  • Work closely with the IRR team on leveraging ALM modeling capabilities for conducting liquidity stress testing
  • Aid in preparation of presentations materials for management committees

What you have:

  • A graduate degree in a quantitative discipline such as Statistics, Applied Mathematics or a related field
  • 3 years of liquidity or market risk experience preferred
  • Understanding of regulations pertaining to liquidity risk preferred
  • Familiarity with statistical methods and techniques
  • Strong partnership skills coupled with an ability to challenge, when necessary
  • Proficiency in using technology to query databases and prepare documentation for senior management.
  • ALM experience preferred
  • 3+ years time series analysis experience using statistical packages such as SAS or R
  • Excellent communication and interpersonal skills
  • Experience creating presentations for executive level audiences preferred
  • Ability to build cross-functional working relationships
  • Strong process-oriented and analytical skills
  • Self-motivated, ability to multi-task and work under strict deadlines.

What you’ll get:

  • Comprehensive Compensation and Benefits package
  • Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts
  • Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program
  • Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions
  • Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships
  • Not just a job, but a career, with an opportunity to do the best work of your life

 


Learn more about Life@Schwab.


Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law.


Job Specifications
Relocation Offered?: No
Work Schedule: Days
Languages: English - spoken
Current Licenses / Certifications: None
Relevant Work Experience: Risk Analysis
Position Located In: IL - Chicago
Education: MA/MS/MBA
Job Type: Full Time

Category:Risk Management
Activation Date: Wednesday, June 14, 2017
Expiration Date: Tuesday, August 1, 2017
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Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at 800-725-3535. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab’s hiring decisions. All other submissions should be performed online.

The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab”), Member SIPC , offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.