Manager - Credit Risk Analyst

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.

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, counter party 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, Counter party Credit Risk - Securities Financing to join the Finance Risk Management function reporting to the Head of Strategy & Analytics.

• Bachelor's degree in Finance, Economics, Business, or a related field.
• 5+ years of experience in counter party 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 counter party 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.

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

• Manage counter party credit risk across securities financing activities, including agent lending, securities lending, tri-party repo, and other secured financing transactions.
• Perform counter party due diligence and credit analysis for broker-dealers, banks, custodians, agent lenders, and other financial institution counter parties, 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 counter party onboarding, transaction execution, and strategic securities financing initiatives.
• Develop…