Manager -ALM Strategy Position Available In Pettis, Missouri

Job Description:

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 industrytogether. The Asset Liability Management (ALM) team is a teamwithin our Corporate Treasury department. We are responsible forbalance sheet management and strategy, portfolio and brokereddeposit notional investment allocation decisions, balance sheetmodeling and analytics, market risk management, ALM derivatives,funds transfer pricing (FTP), and net interest income forecasting.

The overall team manages fixed-income investments in severalportfolios totaling over $300 billion, with approximately $500billion in total balance sheet assets and $85 billion inoff-balance-sheet brokered deposit agreement notional investments.

As an individual contributor within the ALM Strategy team, you willplay a key role in the overall strategic optimization of thebalance sheet and the NIM profile through the development andexecution of balance sheet strategies in collaboration withbusiness partners, including investment portfolio managers, riskpartners, and product leaders across the firm. What you have

• 3years of career experience in treasury, finance and/or ALM roles ofprogressive level of responsibility and a minimum of five years ofexperience at an institution with similar size and complexity asCharles Schwab.
• Degree in finance, accounting, economics, orquantitative field required. Master’s degree desired; CFA a plus
• Experience with PolyPaths ALM, QRM, Calypso or other ALM softwareis a plus.
• Enthusiasm to work in white space and the ability tocreate innovative analyses to help drive strategy and influence keyleaders across the company.
• Strong fixed-income investmentmodeling and analytics knowledge a plus.
• Ability to multi-task onmultiple projects and deliverables while remaining calm in apotentially stressful environment.
• Excellent written and oralcommunication skills.
• Strong emotional intelligence and executivepresence.
• Client focused; able to build relationships andestablish trust, respect, competence, and confidence effectivelyand quickly.
• An undergraduate degree is required, strongpreference for an advanced degree.
• Professional certification,such as CFA, FRM or PRM, preferred.

What youll do:

• Develop andevaluate balance sheet hedging strategies using on and off-balancesheet instruments, including swaps, fixed income securities, andoff-balance sheet notional investments with unaffiliated banks
• Play a key role in achieving risk-return optimization mandatewithin ALM, with emphasis on interconnectedness of liquidity,capital and interest rate risks.
• Partner with ALM Modeling teamand ALM Analytics teams to develop tools, analytics, and insightsto support balance sheet strategy execution and measurement
• Assist in the daily positioning of investment portfolio planning,including excess reserve targets and operating levels, LCRapplication, and investment portfolio optimization
• Support theforecasting, planning, and analysis needs of the ALM forecastingteam, including partnership in modeling NIM optimization andstabilization strategies
• Assist in the decomposition of netinterest margin and net interest revenue, including drivers, risksand reward measurement, and NIM profile