Director Liquidity Framework and Planning

Charles Schwab Corporation; Westlake (TX); On-site; USD 180,000 - 280,000; Full time

Job summary

Charles Schwab Corporation is seeking a senior leader to advance liquidity forecasting and funding strategies within Treasury. The ideal candidate will align liquidity and collateral planning with the broader balance sheet strategy, coordinating across funding, capital planning, and regulatory requirements.

Responsibilities include shaping the funding framework across multiple entities and communicating complex liquidity solutions to executives and regulators.

Qualifications

• Requires 12+ years in financial services with 8+ years in liquidity strategy and forecasting.
• Deep experience across trading, funding/repo desks, liquidity risk and balance sheet modeling.
• Experience building and leading a technical liquidity and funding team.
• Strong investment strategy knowledge for diverse capital portfolios and broker dealer liquidity.
• Understanding of 15c3-3 calculations and their impact on liquidity management.

Responsibilities

• Develop a comprehensive funding plan across entities, collateral management and optimization.
• Lead communication of funding across Brokered CDs, Bilateral Repo, Tri-Party Repo, and FHLB.
• Refine liquidity forecasting framework and develop new capabilities.
• Support growth of margin lending with scalable funding strategies.
• Create and manage a BAU Liquidity Forecast and Strategy to prepare for contingencies.
• Define strategies for robust liquidity forecasting under regulatory scrutiny.
• Act as thought leader and communicate strategies to regulators and executives.
• Influence Investment Strategy, Capital Management and funding plans.

Skills

Strategic leadership

Liquidity forecasting

Financial analysis

Regulatory acumen

Communication skills

Cross-functional collaboration

Education

Bachelor’s degree

Master’s degree preferred

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.

Liquidity Management is a critical function of Treasury at the Firm. Reporting to the Managing Director, Liquidity Forecasting & Strategy, this Director will be focused on enhancing Liquidity and Collateral Planning frameworks and connecting these into the broader Balance Sheet Management Strategy. On a functional level, this role will lead the integration of our various functional and modeling teams into a cohesive framework that can be communicated to the highest levels of the organization. This includes but is not limited to Bank, Broker Dealer, and Parent funding, collateral optimization, and connections between liquidity and capital and investment planning.

Key Outcomes:

• Development of a comprehensive funding plan across all entities, collateral management and optimization, guidance to the Investment Portfolio for future actions, and supporting capital planning.

• Serve as a key contributor to the communication of the funding across Brokered CDs, Bilateral Repo, Tri Party Repo, and FHLB at the banks in BAU as well as other contingent levers for stressed liquidity purposes.

• Refine and elevate our liquidity forecasting and strategy framework, including remediation of MRA's and development of new liquidity management capabilities.

• Support the growth of the client margin lending business and provide a framework that allows the funding team to scale levers including Commercial Paper and a robust suite of Equity Financing trades ($20B+ across Secured Bank Loans, Term Stock Loans, Equity Tri Party Rep)

• Develop and manage a comprehensive BAU Liquidity Forecast and Strategy and create significant capabilities to prepare for the unexpected and contingent funding or balance sheet needs.

• Define and build strategies on liquidity forecasting able to withstand intense regulatory scrutiny.

• Serve as a thought leader and subject matter expert on our liquidity and funding strategies and execution and effectively communicate strategies and recommendations with regulators and executive leadership.

• Provide recommendations and influence our Investment Strategy, Capital Management and Parent Liquidity, Funding Plan, Collateral Management Strategy, Broker Dealer liquidity strategies.

The Director is expected to be an exceptional senior level communicator, both written and presentation, and be able to convey complex messages to all manners of audience. This role has high impact and visibility playing a critical role in maintaining the financial health and stability of the organization.

What you have

Required Experience:

• Minimum of 12 years of financial services experience and 8+ years of liquidity strategy and forecasting in environments of similar scale and complexity.

• Deep technical foundations and experience working across trading, funding/repo desks, liquidity risk and balance sheet modeling.

• Experience building and leading a highly technical team of liquidity and funding analysts.

• Deep expertise with investment strategy related to diverse capital portfolios, capital management collateral management and broker dealer liquidity strategies.

• Thorough understanding of the application and requirements associated with 15c3-3 calculations and impacts to liquidity management and funding

• Experience staying abreast of the evolving regulatory landscape and demonstrating impeccable judgement to prioritize numerous initiatives in flight.

• Exceptional communicator with the ability to convey the robustness of Schwab’s liquidity strategies and able to provide thoughtful and accurate responses to questions and challenges posed by investors and regulators. Able to interact with our highest-level leaders as well as a keen attention to detail and complex knowledge of the impact of our liquidity strategies and programs

• Bachelor’s degree required. Master’s degree preferred.

Preferred Experience:

• Adept at understanding the nuances of Liquidity Management and be able to communicate the strategic actions to very senior level individuals.

• Experience building credibility and confidently conveying information with authority when articulating how liquidity is being managed by the Firm.

• Experience conveying complex concepts through various mediums in relatable terms and anchored in business meaning across various use cases (broad strategic questions, targeted strategic initiatives, board-level communications, etc.)

• Proven adaptability to changing market conditions and making appropriate decisions to ensure accurate strategy frameworks are developed and maintained.

• Proven track record of shaping strategy and leading with influence.

• Successful history of building and cultivating strong authentic relationships with internal/external business partners.

• CFA or other related certification preferred.

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.