Manager, Financial Planning & Analysis

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 Sr Manager, Balance Sheet Forecasting & Analytics is a critical leadership role within Corporate Treasury, responsible for leading forecasting processes to produce outputs, analytics, and insights that inform senior executive decision‑making, investor communications, and regulatory submissions. Reporting to the Director, this role serves as a key contributor in assisting executive leadership with understanding and using the results of the forecast. Additionally, the Sr Manager has accountability for end‑to‑end delivery, alignment to strategic objectives, and consistent execution. The Sr Manager leads a team of approximately four professionals across multiple locations. This role is responsible for leading the team’s forecasting and analytical capabilities while continuing to promote process improvement through modeling, automation, and process efficiency. Key areas of focus include strengthening business‑as‑usual forecasting, enhancing analytical depth, and expanding capabilities across NII forecasting, stress testing, and forward‑looking scenario analysis. The Sr Manager oversees the development and execution of NII forecasting frameworks, including modeling approaches, attribution methodologies, and scenario analysis used to understand financial performance and key drivers. In partnership with Finance, Risk, Technology, and other business stakeholders, the Sr Manager is accountable for improving data architecture, enhancing forecast integration, and strengthening end‑to‑end processes to increase transparency, consistency, and responsiveness to changing business conditions. The role also establishes governance frameworks and quality standards across forecasting outputs and analytical processes, while building and developing a high‑performing team focused on accountability, analytical rigor, and continuous improvement. A core objective of this role is to evolve the team from a forecasting production function into a more strategic analytical team that delivers insights, challenges assumptions, and supports more informed business and capital decisions. This position offers the opportunity to shape the future direction of Treasury forecasting and analytics, including advancing automation, improving the quality and usability of insights, and strengthening the integration of forecasting into enterprise decision‑making. What you have Experience & Domain Expertise 7+ years of relevant experience across Treasury, ALM, balance sheet management, capital markets, or fixed income analytics Deep knowledge of NII forecasting, capital management (including CCAR), liquidity management, and interest rate risk in a large financial institution Strong fixed‑income investment modeling and analytical expertise Experience developing forecasting frameworks, scenario analysis, and attribution methodologies to support management decision‑making Strong written and verbal communication skills, with high standards for clarity and precision Executive Engagement & Decision Support Deliver clear, defensible insights to Treasury leadership and executive stakeholders, including C‑suite audiences Provide forward‑looking scenario analysis and articulate implications for capital, liquidity, and earnings performance Operate effectively in a high‑pressure environment with frequent leadership inquiries and shifting priorities Leadership & Benchstrength Proven leadership experience (3+ years) managing teams and driving organizational transformation Track record of leading diverse teams to deliver against both strategic and execution‑focused objectives Balance leadership oversight with selective hands‑on engagement in modeling and analytics Build a high‑accountability culture focused on execution, analytical rigor, and continuous improvement Lead, develop and motivate a high performing geographically distributed team (multi‑time zone, hybrid structure) Transformation & Capability Building Advance forecasting capabilities across automation, data architecture, and analytical tooling Improve forecasting frameworks, attribution methodologies, and scenario analysis Drive evolution from production forecasting to strategic analytics and insight generation Enhance and apply robust “sanity check” frameworks to validate forecast outputs and ensure results align with economic intuition and business drivers Translate macroeconomic shifts (e.g., rate changes) into expected financial impacts and challenge model outputs accordingly Proficiency in ALM / NIR / Capital forecasting platforms (e.g., PolyPaths, QRM, or similar) Judgment & Personal Effectiveness Strong analytical judgment and disciplined decision‑making Ability to operate in ambiguity and develop innovative, forward‑looking analyses Relationship‑oriented mindset with the ability to build credibility, trust, and influence across stakeholders Education & Certifications Bachelor’s degree required; advanced degree preferred Professional certification (e.g., CFA, FRM, PRM) preferred In addition to the salary range, this position 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 #J-18808-Ljbffr