Manager – Balance Sheet Forecasting & Analytics

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.

About the role

The Balance Sheet Forecasting & Analytics team sits within our first line of defense Corporate Treasury department. The team 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, including 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 Manager, Balance Sheet Forecasting & Analytics is a critical team member role within Corporate Treasury, responsible for executing forecasting processes to produce outputs, analytics, and insights that inform senior executive decision-making, investor communications, and regulatory submissions. Reporting to the Senior Manager, this role serves as a key contributor in producing and explaining results of the forecast. The Manager supports the end-to-end delivery, alignment to strategic objectives, and consistent execution, while contributing to a team of approximately four professionals across multiple locations.

This role focuses on strengthening business-as-usual forecasting, enhancing analytical depth, and expanding capabilities across NII forecasting, stress testing, and forward-looking scenario analysis. The Manager contributes to the development and execution of NII forecasting frameworks, including modeling approaches, attribution methodologies, and scenario analysis. In partnership with Finance, Risk, Technology, and other business stakeholders, the Manager improves data architecture, enhances forecast integration, and strengthens end-to-end processes to increase transparency, consistency, and responsiveness to changing business conditions.

A core objective is to evolve the team from a forecasting production function into a strategic analytical team that delivers insights, challenges assumptions, and supports informed business and capital decisions. This position offers the opportunity to shape the future direction of Treasury forecasting and analytics, including advancing automation, improving insights, and strengthening integration into enterprise decision-making.

Responsibilities

• 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.
• Advance forecasting capabilities across automation, data architecture, and analytical tooling.
• Improve forecasting frameworks, attribution methodologies, and scenario analysis.
• Support evolution from production forecasting to strategic analytics and insight generation.
• Translate macroeconomic shifts (e.g., rate changes) into expected financial impacts and challenge model outputs.
• Maintain strong analytical judgment and disciplined decision-making.
• Build credibility and trust across stakeholders with a relationship-oriented mindset.

Requirements

• 5+ years of relevant experience across Treasury, ALM, balance sheet management, capital markets, or fixed income analytics.
• 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 running forecasting frameworks, scenario analysis, and attribution methodologies to support management decision-making.
• Proficiency in ALM / NIR / Capital forecasting platforms (e.g., PolyPaths, QRM, or similar).
• Strong written and verbal communication skills, with high standards for clarity and precision.
• Bachelor’s degree required; advanced degree preferred.
• Professional certification (e.g., CFA, FRM, PRM) preferred.

Benefits

• 401(k) with company match and Employee Stock Purchase Plan.
• Paid time for vacation, volunteering, and a 28-day sabbatical after every 5 years for eligible positions.
• Paid parental leave and family-building benefits.
• Tuition reimbursement.
• Health, dental, and vision insurance.

Pay

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

Schedule

Hybrid work and flexibility approach balancing workplace flexibility, client service, and in-person collaboration.