Investment Credit Analyst

Charles Schwab Inc.•Southlake, TX

4d•$95,000 - $115,000

About The Position

Schwab's Corporate Credit Research (CCR) Team focuses on fixed income research and credit analysis to support net interest revenue within the Schwab investment portfolio. The team also evaluates the credit and financial risk of various Schwab counterparties, including vendors, tenants, trading partners, and other firms. As a new analyst, you will join the research team, gaining exposure to diverse areas to ensure credit quality and maintain a strong balance sheet. This role offers significant responsibility and opportunities for growth.

Requirements

Bachelor’s degree required.
1-3 years of relevant credit experience, preferably with exposure to corporate bonds, broker-dealer analysis, and vendor reviews.
Strong accounting knowledge, familiarity with financial statements, and financial analysis skills.
Passion for business and financial markets.
A sound and high-level understanding of global macroeconomic factors and current events.
Well-developed organizational and interpersonal skills.
Excellent communications skills, both oral and written, to interact with outside analysts, business partners, and senior management at Schwab.
Demonstrated ability to use good judgment and to work independently.

Nice To Haves

Progress towards CFA and/or MBA preferred.

Responsibilities

Manage an assigned portfolio of counterparty exposures and related credit responsibilities.
Understand and articulate risks to Schwab based on the credit profile of a counterparty.
Perform fundamental credit analyses on selected issuers and affiliates for Schwab’s investment portfolio.
Conduct due diligence and monitoring on existing names.
Assign proprietary ratings and recommendations.
Collaborate with various internal Schwab groups.
Assist in other credit-related duties.
Analyze and communicate multiple facets of corporate credit quality, including business overview, financial health, peer comparisons, and industry outlooks.
Articulate and support independent credit assessments through written reports and presentations.
Coordinate and communicate effectively with other Schwab groups, including questioning and challenging information when needed.
Assign and monitor internal ratings for all counterparties within your coverage.
Demonstrate progress in becoming a reliable expert in your assigned sectors over time.
Monitor macroeconomic and geopolitical environments for any potential impact on our business.
Assist the broader Corporate Credit Research Team in areas such as regulatory engagements and reporting.