Manager - Credit Risk Analyst

Charles Schwab Corporation; Westlake (TX); On-site; USD 140,000 - 190,000; Full time

Job summary

Charles Schwab Corporation in Westlake, TX is seeking a Manager, Counterparty Credit Risk – Securities Financing to join the Finance Risk Management team. You will oversee risk across securities financing activities and coordinate with Treasury, Legal, and second-line risk to safeguard firm risk appetite.

Your role requires strong credit analysis, data-driven decision making, and the ability to communicate complex risk topics to senior management while driving initiatives to completion.

Qualifications

• Minimum Bachelor's degree in Finance, Economics, Business or related field.
• 5+ years in counterparty credit risk or related financial services roles.
• Strong credit analysis and financial statement assessment skills.
• Experience with secured financing transactions and collateral management.
• Advanced Excel and data analysis capabilities.

Responsibilities

• Manage counterparty credit risk across securities financing activities.
• Perform counterparty due diligence and ongoing credit analyses.
• Monitor exposures, collateral coverage, and limit utilization.
• Evaluate structures, margins, and risk mitigants for prudent risk-taking.
• Collaborate with Treasury, Legal, and risk teams to onboard counterparties.
• Develop portfolio analytics, stress testing, and management reporting.

Skills

Counterparty credit risk

Credit risk management

Treasury

Securities financing

Capital markets

Financial services

Analytical skills

Communication skills

Excel

Data analysis

Education

Bachelor's degree in Finance, Economics, Business

Tools

SQL

Tableau

Python

Power BI

Alteryx

Job description

Your Opportunity

At Schwab, youres 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 first line Finance Risk Management (FRM) function is an in-business strategic 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, market, capital, counterparty credit, 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, Counterparty Credit Risk – Securities Financing to join the Finance Risk Management function reporting to the Head of Strategy & Analytics.

What you have

The following qualifications are required:

• Bachelors degree in Finance, Economics, Business, or a related field.

• 5+ years of experience in counterparty credit risk, credit risk management, treasury, securities financing, capital markets, or related financial services disciplines.

• Strong understanding of financial institution credit analysis, financial statement assessment, and key bank and broker-dealer risk metrics.

• Experience evaluating counterparty exposures associated with securities lending, repurchase agreements, agent lending, or other secured financing transactions.

• Knowledge of collateral, netting, margin methodologies, and exposure mitigation techniques.

• Strong analytical, problem-solving, and quantitative skills.

• Ability to effectively communicate complex risk topics to senior management and cross-functional stakeholders.

• Proven ability to manage multiple priorities and drive initiatives to completion.

• Self-motivated, able to multi-task, perform under strict deadlines, and able to develop new processes.

• Advanced Excel and data analysis skills.

The following qualifications are preferred:

• Experience with broker-dealers, banks, custodians, prime brokerage, clearing, securities financing, or capital markets businesses.

• Knowledge of securities financing market infrastructure, including custody, settlement, tri-party collateral management, and securities lending operating models.

• Experience analyzing financial institutions, including banks, broker-dealers, custodians, agent lenders, and other market participants.

• CFA, FRM, CPA, or other relevant professional designations.

• Familiarity with regulatory frameworks including Basel III, capital requirements, liquidity requirements, and counterparty credit risk regulations.

• Experience working with data visualization and reporting tools such as SQL, Tableau, Python, Power BI, or Alteryx.

What youll do:

• Manage counterparty credit risk across securities financing activities, including agent lending, securities lending, tri-party repo, and other secured financing transactions.

• Perform counterparty due diligence and credit analysis for broker-dealers, banks, custodians, agent lenders, and other financial institution counterparties, including ongoing monitoring of financial condition and creditworthiness.

• Monitor portfolio exposures, limit utilization, collateral coverage, and concentration risk, ensuring activities remain within established limits, risk appetite, and governance standards.

• Evaluate transaction structures, collateral arrangements, margin methodologies, and risk mitigants to support prudent risk-taking and effective exposure management.

• Partner with Treasury, Legal, and second line Risk teams to support counterparty onboarding, transaction execution, and strategic securities financing initiatives.

• Develop portfolio analytics, stress testing, and management reporting to monitor counterparty exposures, identify emerging risks, and support risk-informed decision making across the securities financing portfolio.

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