Business Systems Analyst – Liquidity Platform Modernization

Charles Schwab; Westlake (TX); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

401(k) with company match

Sabbatical after 5 years

Paid parental leave

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab is modernizing its Liquidity platform and seeks a Business Systems Analyst to gather requirements, analyze data, coordinate testing, and document traceability. You’ll collaborate with Treasury, Regulatory Reporting, Risk, and Finance teams to drive efficient, governed solutions in a regulated environment.

The role emphasizes SQL/Excel data analysis, UAT support, and agile collaboration, with a hybrid work approach and a commitment to quality and accuracy.

Qualifications

• Bachelor’s degree or equivalent practical experience in a relevant field.
• 4+ years in business systems analysis, business analysis, product analysis, financial systems, data analysis, or technology project delivery.
• Experience eliciting and documenting requirements, user stories, acceptance criteria, process maps, data definitions, source-to-target mappings, and functional specifications.
• Working knowledge of data flows, relational databases, system interfaces, data transformation concepts, and the software development lifecycle.

Responsibilities

• Support requirements discovery sessions with Treasury, Regulatory Reporting, Risk, Finance, Data, and Technology stakeholders and document outcomes, dependencies, and decisions.
• Draft and maintain business requirements, user stories, acceptance criteria, process maps, data definitions, and traceability.
• Analyze current-state processes and workflows to identify gaps, duplicate logic, control points, and dependencies.
• Perform SQL and Excel-based data analysis to validate source data, transformations, and calculations; document exceptions.
• Coordinate with technology and data partners to clarify requirements and track progress; ensure functionality meets documented needs.
• Prepare test scenarios, test cases, and data; execute UAT and regression testing; log defects and support sign-off.
• Support phased modernization and onboarding of additional data sources; create repeatable implementation and operating docs.
• Monitor data or system issues and coordinate remediation; verify sustainability.
• Prepare status updates, meeting materials, demonstrations, and stakeholder communications; escalate risks and blockers promptly.

Skills

SQL

Excel

Data analysis

Requirements gathering

Documentation

Communication

Agile

Stakeholder collaboration

Problem solving

Education

Bachelor’s degree in Finance, Accounting, Economics, Information Systems, Computer Science, Data Analytics, or related field

Equivalent practical experience

Tools

Jira

Confluence

Process-mapping tools

SQL Server

Job description

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 Business Systems Analyst will support the business-side delivery of the Liquidity platform modernization initiative. Working under the direction of senior business and product leads, the role will gather and document requirements, analyze liquidity data and processes, coordinate testing and issue resolution, and maintain the documentation and traceability needed to deliver a governed future-state platform while supporting the existing Liquidity environment.

What you have

• Bachelor’s degree in Finance, Accounting, Economics, Information Systems, Computer Science, Data Analytics, or a related field, or equivalent practical experience.
• 4+ years of experience in business systems analysis, business analysis, product analysis, financial systems, data analysis, or technology project delivery, preferably in financial services or another regulated industry.
• Experience eliciting and documenting business requirements, user stories, acceptance criteria, process flows, business rules, data definitions, use cases, and functional specifications.
• Working knowledge of data flows, relational databases, system interfaces, data transformation concepts, and the software development lifecycle.
• Proficiency with SQL and Excel, with the ability to analyze and reconcile large datasets, identify exceptions, investigate data issues, and clearly document findings.
• Hands-on experience supporting user acceptance testing, system testing, regression testing, defect tracking, test evidence, and post-implementation validation.
• Familiarity with data governance and control practices such as data quality checks, lineage documentation, issue tracking, change controls, and procedure maintenance.
• Strong analytical, problem-solving, documentation, organizational, and communication skills, with the ability to collaborate across business, data, and technology teams.
• Ability to manage multiple priorities, follow through on action items, and work effectively in an agile and evolving environment with a strong commitment to accuracy and quality.
• Knowledge of Treasury, liquidity risk, regulatory reporting, FR 2052a, LCR, NSFR, or liquidity stress testing is preferred but not required.
• Experience with Jira, Confluence, process-mapping tools, cloud or enterprise data platforms, and reporting or analytics tools is preferred.

What you'll do:

• Support requirements discovery sessions with Treasury, Regulatory Reporting, Risk, Finance, Data, and Technology stakeholders; document outcomes, open questions, dependencies, and decisions.
• Draft and maintain business requirements, user stories, acceptance criteria, process maps, data definitions, source-to-target mappings, functional specifications, and requirements traceability
• Analyze current-state processes and manual workflows to identify gaps, duplicate logic, control points, upstream and downstream dependencies, and opportunities for automation or simplification.
• Perform SQL and Excel-based data analysis to validate source data, transformations, business rules, calculations, reconciliations, and system outputs; document exceptions and support root-cause analysis.
• Coordinate with technology and data partners to clarify requirements, answer business questions, track development progress, and confirm that functionality meets documented needs.
• Prepare test scenarios, test cases, expected results, and test data; execute UAT and regression testing; record evidence; log defects; retest fixes; and support business sign-off.
• Support the phased implementation approach by assisting with pilot validation, onboarding of additional products and data sources, and creation of repeatable implementation and operating documentation.
• Monitor and track data or system issues, coordinate with appropriate owners, communicate status and impacts, and verify that remediation is complete and sustainable.
• Support legacy platform enhancements and production validation during the modernization period, including analysis of new products, regulatory changes, upstream data changes, and downstream impacts.
• Prepare concise status updates, meeting materials, demonstrations, training content, and stakeholder communications; elevate risks, blockers, and unresolved decisions promptly.

In addition to the salary range, this role 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