Overview As Director, Counterparty Credit Risk - Securities Financing, you will lead Schwab's first-line program for counterparty credit risk across securities financing activities. You'll guide a team and partner with Treasury, Legal, Operations, and Corporate Risk Management to safeguard financial resiliency while enabling growth. You'll shape risk governance, frameworks, and reporting to support strategic decision-making and risk-aware expansion. This is a strategic, cross-functional role at a market-leading firm.
Compensation / Benefits- bonus or incentive opportunities
Responsibilities- Lead the first-line counterparty credit risk program for securities financing activities (agent lending, securities lending, repos, and secured financing)
- Manage and develop a team of credit risk managers and analysts; set strategic direction, operating model, and priorities
- Establish and maintain counterparty credit risk frameworks, policies, limits, and governance processes
- Oversee counterparty reviews, approvals, ongoing monitoring, and portfolio management across financing counterparties
- Direct portfolio analytics, stress testing, collateral oversight, concentration risk monitoring, and management reporting
- Provide independent risk assessment and strategic guidance on complex transactions and new business initiatives
- Partner with Treasury, Finance, Operations, Legal, and Corporate Risk Management to support growth while ensuring prudent risk taking
- Represent the counterparty credit risk function in governance forums, risk committees, audits, and senior leadership discussions
Key requirements- Bachelor's degree in Finance, Economics, Business, or related field
- 10+ years of experience in counterparty credit risk, credit risk management, treasury, securities financing, capital markets, banking, or related financial services disciplines
- Demonstrated leadership experience building and leading high-performing teams
- Deep understanding of financial institution credit analysis across banks, broker-dealers, custodians, and other market participants
- Significant experience evaluating counterparty exposures in securities lending, repos, agent lending, derivatives, or other financing transactions
- Strong understanding of collateral management, margin methodologies, netting, exposure measurement, and credit risk mitigation
- Experience establishing risk governance frameworks, limits, policies, and management reporting
- Proven ability to influence senior executives and lead cross-functional initiatives
- Strong analytical, quantitative, communication, and strategic thinking skills
- leadership
- communication
- strategic thinking
- SQL
- Python
- Tableau
