The Asset Liability Management Strategy (ALMS) team is a vital part of the Treasury Capital Markets group and is responsible for overall balance sheet management, Net Interest Revenue (NIR) forecasting, Interest Rate Risk management, 1st line Credit Risk Management, client sweep deposit modeling, investment portfolio analytics, and investment portfolio strategy (over $300 billion in portfolio assets).
This is an individual contributor role and as a member of ALMS team you will be responsible for managing the process of modeling net interest income (NII) generated by the assets and liabilities on the balance sheets of the Corporation and affiliates under specified economic scenarios, for monthly forecasting purposes and for Capital Stress Test scenarios for CCAR and DFAST compliance.
The ALMS team works closely with senior finance leadership, Central Finance, other Treasury and Risk Management groups to develop long and short-term financial forecasts for Charles Schwab and its operating entities.
The candidate for this function should demonstrate superior analytical & modeling skills, technical proficiency, desire to learn and develop new concepts/skills, ability to take initiative to improve analytics and operational processes, as well as develop new insights and a long-term vision for this role. While the position is primarily focused on NIR forecasting, the ALM Strategy team has an elastic organizational structure providing ample opportunity for you to take on additional responsibilities, seek learning & development opportunities, and give to a number of ALM and Balance Sheet Management objectives.