Manager - Capital Forecasting, Balance Sheet Forecasting & Analytics

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 Balance Sheet Forecasting & Analytics team sits within our first line of defense Corporate Treasury department. Balance Sheet Forecasting & Analytics is responsible for forecasting the balance sheets, Net Interest Income (NII) and capital actions in our business-as-usual FP&A and CCAR exercises. The team forecasts balance sheets with approximately $490 billion in consolidated assets, comprised of fixed-income investment portfolios totaling over $225 billion, consumer loan portfolios with approximately $165 billion in balance, an additional $70 billion in off-balance-sheet brokered deposit agreement notional investments, and $50 billion in derivative positions. The Balance Sheet Forecasting and Analytics responsibilities roll up to our Treasury Capital Markets (TCM) organization, which includes: ALM, fixed income investing and other balance sheet modeling activities.

Reporting to the Director, Balance Sheet Forecasting and Analytics, this role serves as a hands-on individual contributor responsible for executing and enhancing key components of Capital Stress Testing (CST) forecasting framework and supporting the evolution of analytical and reporting capabilities.

You will contribute directly to the firm’s capital forecasting processes supporting the Comprehensive Capital Analysis and Review (CCAR) and internal stress testing. This includes developing, refining, and executing forecast methodologies for capital, balance sheet, and income statement drivers under baseline and regulatory stress scenarios.

The role requires strong analytical rigor, attention to detail, and persistence to navigate complex data, dependencies, and tight timelines. You will partner closely with Treasury, Finance, Risk, and Model Risk teams to ensure forecasts are well-controlled, transparent, and audit-ready; while producing clear and actionable analytics for management and regulatory audiences.

Success in this role requires flexibility, intellectual curiosity, and grit – operating effectively in ambiguity while driving high-quality outcomes in a dynamic and evolving environment.

What you have

• 5+ years relevant experience with an emphasis on a mix of the following: ALM, fixed income analytics, capital markets, CCAR/stress testing, market risk, or relevant Treasury-related functions, analytics, reporting

• Bachelor’s degree required. Master’s degree or CFA preferred

• Experience with CCAR process, including forecasting, reporting, governance, and regulatory/audit support

• Strong understanding of bank balance sheet forecasting, regulatory capital framework concepts (e.g., CET1, RWA, leverage ratio)

• Expertise with Polypaths ALM, QRM, or other NIR forecasting platforms required

• Strong analytical and problem-solving skills with demonstrated attention to detail and data accuracy

• Ability to manage multiple priorities and deliver high-quality outputs under time constraints with persistence and accountability

• Effective communication skills, with the ability to translate complex analyses into clear, concise insights

What you'll do:

• Own delivery of capital forecast deliverables for CCAR (e.g., CET1, RWA, leverage exposure, capital actions) across baseline and supervisory severely adverse scenarios, ensuring accuracy, completeness, and alignment with upstream inputs

• Develop and maintain capital forecasting methodologies, assumptions, and overlays; document rationale, limitations, sensitivities, and change history

• Partner across CCAR workstreams (PPNR, balance sheet, credit, market risk, operational risk, Treasury) to understand dependencies and ensure consistency of assumptions and downstream impacts

• Produce detailed attribution analysis explaining capital ratio movements, supported by data-driven insights and clear narrative for management and regulatory review

• Execute governance and control activities, including reconciliations and reasonableness checks, issue tracking, and audit-ready documentation with strong attention to detail

• Partner with Model Risk Management on model inventory, validation support, performance monitoring, and remediation plans for forecast and capital-related models.

• Support CCAR submission and review materials, including capital exhibits and worksheets and regulatory reporting; respond to ad hoc information requests with accurate, well-supported, and timely analysis

• Identify and drive process improvements, automation opportunities, and enhancements to analytical frameworks

• Demonstrate flexibility by adapting to shifting timelines, regulatory expectations, and business needs

• Perform other duties as assigned, with the expectation that responsibilities may evolve over time

Ways of Working

• High attention to detail and commitment to data quality and control integrity

• Analytical mindset with the ability to break down complex problems into structured solutions

• Grit and perseverance to work through ambiguity and deliver results under pressure

• Strong collaboration and influence skills in a cross-functional environment

• Flexibility and adaptability as priorities and responsibilities evolve

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. 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 plan

• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions

• Paid parental leave and family building benefits

• Tuition reimbursement

• Health, dental, and vision insurance

CO Salary Range: USD $85,500.00 - $174,800.00 / Year

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 plan

Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions

Paid parental leave and family building benefits

Tuition reimbursement

Health, dental, and vision insurance

Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at View email address on click.appcast.io or call View phone number on click.appcast.io.