Director – Head of Collateral Management
About The Position
Collateral Management is a critical function of Treasury at the Bank. Reporting to the Managing Director, Head of Securities Funding and Optimization, this Director will focus on developing and executing a collateral management strategy integrated with the liquidity, capital and balance sheet management frameworks of Charles Schwab Corporation. This highly cross-functional role will partner with Liquidity, Capital, Securities Lending, Securities Finance within Treasury as well as Operations, and 2nd Line Finance Risk Management to build a scalable, regulatory driven optimization framework that supports growth under balance sheet expansive conditions.
Requirements
- 10-15+ years in collateral management, securities finance, clearing or prime services
- Precise understanding of collateral requirements and post trade work flows of derivatives margin & securities financing markets (repo, sec lending, upgrades)
- Ability to drive cross-functional initiative, influence stakeholders and effectively communicate to senior management in Treasury and Finance
- Comfortable working in control-heavy, regulated environment
- Experience staying abreast of the evolving regulatory landscape and demonstrating impeccable judgement to prioritize numerous initiatives in flight
- Detail orientated and execution focused
- Proven team leader
- Bachelor’s degree required
Responsibilities
- Define and lead firmwide strategy for collateral allocation
- Identify and reduce trapped liquidity and inefficient collateral usage
- Drive collateral optimization initiatives across Derivatives Margin, Secured Financing and Securities Lending/Borrowing transactions
- Improve visibility into firmwide, intraday collateral requirements and availability
- Partner with Liquidity on collateral forecasting models under base and stress scenarios
- Partner with Treasury Command Center to develop post allocation analysis models to identify and drive consistent efficiency improvements
- Ensure collateral management strategies are aligned to evolving regulatory landscape (15c3-1, 15c3-3, LCR, etc.)
- Establish clear ownership, governance and escalation processing for collateral usage
- Strengthen controls, documentation, and auditability for collateral management roles and processes
- Serve as senior communicator and integrator across Liquidity, Securities Finance and Optimization, Securities Lending and Operations
Benefits
- bonus or incentive opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Director
