Sr Specialist – Balance Sheet Forecasting & Analytics
About The Position
The Treasury Capital Markets (TCM) function within Corporate Treasury manages fixed-income investments in several portfolios totaling over $350 billion in balance sheet assets, primarily for the benefit of Charles Schwab Corporation and its banking and broker-dealer subsidiaries. As an individual contributor on the TCM Asset & Liability Management (ALM) Analytics team, this role supports modeling Net Interest Income (NII) generated by assets and liabilities on the Corporation’s and affiliates’ balance sheets under specified economic scenarios. The work supports monthly forecasting and Capital Stress Test scenarios for CCAR and DFAST compliance. The position is part of the NIR forecasting function and partners with other ALM teams to develop forecasting into a strategic tool for optimizing the balance sheet and informing investment decisions. The role also contributes to ALM and Balance Sheet Management objectives and offers opportunities to learn and develop. The successful candidate brings analytical and modeling skills, technical proficiency, initiative, and an interest in improving analytics and operational processes and developing new ideas.
Requirements
- At least 2 years of experience in ALM, Treasury, Internal Audit, Model Risk Management, Capital Markets, Market Risk, Liquidity Risk, Capital Planning, Forecasting, FP&A, or another quantitative financial function.
- Bachelor's degree required.
- Strong desire to develop and learn new financial and technical concepts and skills.
- Exposure to balance sheet management, treasury risk, market risk, liquidity risk, capital planning, fixed-income analytics, or forecasting activities.
- Enthusiasm for working in an undefined or developing area and creating innovative analyses to help drive company strategy.
- Ability to multitask while maintaining composure in a potentially stressful environment.
- Excellent written and oral communication skills.
- Strong attention to detail.
- Ability to handle large data sets.
Nice To Haves
- Master's degree; degrees in Finance or a quantitative field are preferred.
- Experience with balance sheet projection tools, treasury systems, risk platforms, forecasting applications, or analytical modeling environments.
- Experience using analytical tools such as Python, SQL, Excel, Power BI, Tableau, or Financial AI tools.
Responsibilities
- Build, maintain, review, validate, or enhance simulation models used in balance sheet forecasting, NIR forecasting, capital planning, liquidity analysis, or stress testing.
- Accurately model balance sheet items and suggest improvements where necessary.
- Seek process improvements and pursue efficiency through automation.
- Provide complex financial analysis and modeling support on an ad hoc basis.
- Support development of ALM reporting, risk dashboards, and analytics.
- Apply strategic thinking to transform forecasting into a tool for optimizing the investment portfolio and balance sheet risk profile.
- Communicate strategic results clearly, present findings, and answer questions about output.
- Generate timely and accurate reporting and regularly present and communicate scenario results to senior management.
- Support ALM strategy by using existing capabilities, tools, and reports and developing new ones.
- Identify and improve or automate operational and analytical/modeling processes in collaboration with other ALM units.
- Collaborate with business partners in capital markets, finance, risk management, model validation, and audit to streamline processes and improve forecast fidelity.
Benefits
- Bonus or incentive opportunities in addition to the salary range.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
