Director, Secured Financing & Liquidity Strategy

Charles Schwab; New York (NY); Hybrid; USD 180,000 - 260,000; Full time

Benefits offered by this job

401(k) with company match

Paid time off and sabbatical after 5+1

Parental leave and family benefits

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab is seeking a Director in Secured Financing within Treasury to expand the secured funding toolkit across tri-party and sponsored repo and to optimize collateral and funding across the broker-dealer balance sheet.

Reporting to the Managing Director, you will partner with Capital, Liquidity, Securities Lending, and Collateral Management to implement liquidity management strategies and drive regulatory efficiency.

Qualifications

• Bachelor's degree in finance, economics, mathematics, business, or a related field.
• 10+ years of experience in repo and secured financing markets.
• Experience at a major broker-dealer, investment bank, or dealer with prime brokerage.
• Demonstrated experience managing secured funding books across varying rate, balance sheet, and liquidity environments.
• Experience financing large, non-traditional client positions (equities, bonds, ABS, etc.).
• Strong understanding of U.S. repo market structure, settlement mechanics, collateral flows, and funding economics.

Responsibilities

• Execute and manage secured funding activities across tri-party repo, sponsored repo, secured bank lines, collateral upgrades, and cross-product financing.
• Optimize daily funding and liquidity requirements for the broker-dealer balance sheet.
• Finance inventory generated by customer margin loan balances.
• Develop funding strategies across market cycles and changing liquidity conditions.
• Monitor repo market conditions, funding spreads, collateral availability, and financing opportunities.
• Manage funding, liquidity, counterparty, and collateral risks.
• Balance sheet optimization with treasury, finance, and risk partners.
• Maintain relationships with major dealer counterparties and sponsor platforms.

Skills

Repo markets

Secured financing

Liquidity management

Risk management

Regulatory knowledge

Education

Bachelor's degree in finance or related field

Job description

Charles Schwab is seeking a Director in Secured Financing within Treasury to expand the secured funding toolkit across tri-party and sponsored repo and to optimize collateral and funding across the broker-dealer balance sheet.

Reporting to the Managing Director, you will partner with Capital, Liquidity, Securities Lending, and Collateral Management to implement liquidity management strategies and drive regulatory efficiency.