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.

The Financial Risk Management (FRM) team enables Schwab to make the most informed financial risk management decisions that are consistent with the Firm’s risk appetite by producing reliable, transparent, and insightful independent research and analysis. The successful candidate will work closely with our subject matter experts in the areas of Risk and Control Self-Assessment (RCSA) oversight of financial risks – credit, market, capital, and liquidity risks, across the firm.

In this individual contributor position, you will play a crucial role in continuing to enhance our governance, internal controls and risk oversight program through RCSA oversight activities and ensuring that our policies and procedure reflect the Firm’s established risk appetite and risk acceptance parameters while evolving with the regulatory landscape. You are expected to be a self-starter with the ability to manage a broad range of responsibilities. 

Perform RCSA oversight activities, including identifying KRIs, issuing Effective Challenge and Issue ManagementIdentify and rate key financial risks across the firm, including New Product and New Project risksConduct Risk Identification and Risk AssessmentEvolve essential elements of financial risk management including policies, frameworks, and proceduresAct as a primary point of contact to various business partners such as FRM SMEs, Enterprise & Operational Risk Management (EORM) and internal auditAssist on emerging initiatives on behalf of Financial Risk ManagementWhat you have

Required Qualifications:

Bachelor’s degree8 to 10 years of working experience within the financial services industry, preferably with a focus on treasury or risk management8+ years of working knowledge of financial risks – credit, market, capital and liquidity risks

Preferred Qualifications:

MBA5+ year experience in RCSA methodology and principalsWell-developed organizational and interpersonal skillsExcellent written and verbal communications skills to interact with business partners and senior managementDemonstrated ability to use good judgment and to work independentlyFlexibility and ability to adapt to changing requirements and assignments
What’s in it for you

At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you – both today and in the future:

401(k) with company match and Employee stock purchase planPaid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positionsPaid parental leave and family building benefitsTuition reimbursementHealth, dental, and vision insurance Apply Save job