Charles Schwab
Manager Capital Stress Testing
Charles Schwab, San Francisco, California, United States, 94199
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 Capital Stress Testing (CST) group within Treasury manages the execution and delivery of the Dodd-Frank Act Stress Test (DFAST) and Comprehensive Capital Analysis and Review (CCAR) capital stress testing exercises for the Corporation and its subsidiaries as well as the resolution planning activities for Schwab Bank. We own the design, implementation, and the gathering of documentation from groups across the organization. As Schwab’s financial profile and regulatory requirements evolve, so does our department. Our team also integrates other regulatory requirements into the firm’s framework and performs ad hoc analyses such as peer analytics.In this role, you will support the governance of the capital stress testing program by tracking the CST model landscape and conducting ad-hoc analyses to support program initiatives. This highly visible and central role will collaborate with various internal partners to drive a firm-wide approach to realize a broad set of objectives.What you have:At least 3 years of prior work experience at a financial services organizationExperience with banking/financial services regulatory requirements preferredProficiency in Excel and prior experience using SharePoint, Tableau, and WorkivaDemonstrated data management experience with the ability to organize, manage and distill data for management reportingExcellent time management skills and ability to deliver with multiple competing deadlinesStrong interpersonal skills with strengths in building cross-functional relationships and interacting effectively with peers across the firm; a high energy individual is preferredExcellent oral and written communication skillsHigh attention to detailBachelor’s degree requiredWhat you'll do:Execute and support governance activities around the CST model landscape
Collaborate with model developers and validators to monitor the CST model readinessMaintain data repositories to support modeling activities
Perform ad-hoc analyses to support program initiatives and prepare management reporting materialsPartner with internal business partners such as Central Finance and Risk Analytics to ensure alignment across capital stress testing governance activitiesSupport the leadership of CST in the execution of program management responsibilities, progress monitoring, and stakeholder communicationAssist in the preparation of the Capital PlanDevelop subject matter expertise in CST regulationsIn addition to the salary range, this position is also eligible for bonus or incentive opportunities.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
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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 Capital Stress Testing (CST) group within Treasury manages the execution and delivery of the Dodd-Frank Act Stress Test (DFAST) and Comprehensive Capital Analysis and Review (CCAR) capital stress testing exercises for the Corporation and its subsidiaries as well as the resolution planning activities for Schwab Bank. We own the design, implementation, and the gathering of documentation from groups across the organization. As Schwab’s financial profile and regulatory requirements evolve, so does our department. Our team also integrates other regulatory requirements into the firm’s framework and performs ad hoc analyses such as peer analytics.In this role, you will support the governance of the capital stress testing program by tracking the CST model landscape and conducting ad-hoc analyses to support program initiatives. This highly visible and central role will collaborate with various internal partners to drive a firm-wide approach to realize a broad set of objectives.What you have:At least 3 years of prior work experience at a financial services organizationExperience with banking/financial services regulatory requirements preferredProficiency in Excel and prior experience using SharePoint, Tableau, and WorkivaDemonstrated data management experience with the ability to organize, manage and distill data for management reportingExcellent time management skills and ability to deliver with multiple competing deadlinesStrong interpersonal skills with strengths in building cross-functional relationships and interacting effectively with peers across the firm; a high energy individual is preferredExcellent oral and written communication skillsHigh attention to detailBachelor’s degree requiredWhat you'll do:Execute and support governance activities around the CST model landscape
Collaborate with model developers and validators to monitor the CST model readinessMaintain data repositories to support modeling activities
Perform ad-hoc analyses to support program initiatives and prepare management reporting materialsPartner with internal business partners such as Central Finance and Risk Analytics to ensure alignment across capital stress testing governance activitiesSupport the leadership of CST in the execution of program management responsibilities, progress monitoring, and stakeholder communicationAssist in the preparation of the Capital PlanDevelop subject matter expertise in CST regulationsIn addition to the salary range, this position is also eligible for bonus or incentive opportunities.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
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