Manager -ALM Strategy
Location: Sedalia
Posted on: June 23, 2025
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Job Description:
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 Asset Liability Management (ALM) team is a team
within our Corporate Treasury department. We are responsible for
balance sheet management and strategy, portfolio and brokered
deposit notional investment allocation decisions, balance sheet
modeling and analytics, market risk management, ALM derivatives,
funds transfer pricing (FTP), and net interest income forecasting.
The overall team manages fixed-income investments in several
portfolios totaling over $300 billion, with approximately $500
billion in total balance sheet assets and $85 billion in
off-balance-sheet brokered deposit agreement notional investments.
As an individual contributor within the ALM Strategy team, you will
play a key role in the overall strategic optimization of the
balance sheet and the NIM profile through the development and
execution of balance sheet strategies in collaboration with
business partners, including investment portfolio managers, risk
partners, and product leaders across the firm. What you have • 3
years of career experience in treasury, finance and/or ALM roles of
progressive level of responsibility and a minimum of five years of
experience at an institution with similar size and complexity as
Charles Schwab. • Degree in finance, accounting, economics, or
quantitative field required. Master’s degree desired; CFA a plus •
Experience with PolyPaths ALM, QRM, Calypso or other ALM software
is a plus. • Enthusiasm to work in white space and the ability to
create innovative analyses to help drive strategy and influence key
leaders across the company. • Strong fixed-income investment
modeling and analytics knowledge a plus. • Ability to multi-task on
multiple projects and deliverables while remaining calm in a
potentially stressful environment. • Excellent written and oral
communication skills. • Strong emotional intelligence and executive
presence. • Client focused; able to build relationships and
establish trust, respect, competence, and confidence effectively
and quickly. • An undergraduate degree is required, strong
preference for an advanced degree. • Professional certification,
such as CFA, FRM or PRM, preferred. What youll do: • Develop and
evaluate balance sheet hedging strategies using on and off-balance
sheet instruments, including swaps, fixed income securities, and
off-balance sheet notional investments with unaffiliated banks •
Play a key role in achieving risk-return optimization mandate
within ALM, with emphasis on interconnectedness of liquidity,
capital and interest rate risks. • Partner with ALM Modeling team
and ALM Analytics teams to develop tools, analytics, and insights
to support balance sheet strategy execution and measurement •
Assist in the daily positioning of investment portfolio planning,
including excess reserve targets and operating levels, LCR
application, and investment portfolio optimization • Support the
forecasting, planning, and analysis needs of the ALM forecasting
team, including partnership in modeling NIM optimization and
stabilization strategies • Assist in the decomposition of net
interest margin and net interest revenue, including drivers, risks
and reward measurement, and NIM profile
Keywords: , Cheyenne , Manager -ALM Strategy, Accounting, Auditing , Sedalia, Wyoming
