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Senior Specialist, Credit Risk

AT Charles Schwab
Charles Schwab

Senior Specialist, Credit Risk

Westlake, TX

Salary: USD $67,100 - $95,000 / Year

Your opportunity

The Senior Specialist, Credit Risk will support the Default Management Team strategy, analyzing the Bank's defaulted loan portfolio by maintaining, building, improving, and organizing bank reporting. In this role, you will work on problems of diverse scope where analysis of data requires evaluation of identifiable factors.

The Senior Specialist, Credit Risk demonstrates good judgment in selecting methods and techniques for obtaining solutions and will successfully work across a wide range of internal and external business partners to meet reporting requirements for senior leadership and regulatory exams. This position serves as a central point of contact for third party servicers, vendors, and outside legal counsel.

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Position Summary:

Monthly Loan Portfolio Reporting

Collect, analyze, and report data on loans in default, bankruptcy, forbearance, and foreclosure

Collect, analyze, and report data on legal fees and costs

Collect, analyze, and report data on recoveries, losses, and loss projections

Collect, analyze, monitor, and prepare reports of other vendors and servicer

Support other lines of business such as Audit, Compliance, and Risk as needed

Organize and attend monthly meetings with legal counsel and update status of accounts in

foreclosure, bankruptcy, and litigation

What you are good at:

Attention to detail

Problem solving

Time management

Excel Data validation analysis and discrepancy research & resolution

*Communicate effectively and proactively with partners across business divisions and levels of

Seniority

What you have

Required Qualifications:

2-4 years of experience in Data Analytics or Reporting

2+ years working in the Financial Services industry

Preferred Qualifications:

Expert in Excel with 3-5 years' experience creating Excel reports

Experience working with MSP/Black Knight systems

Strong background with working in SharePoint & PowerPoint

Knowledge of mortgage products and terms

Experience in default management, loss mitigation, foreclosure, or liquidation

Experience in creating and updating procedures

Ability to organize and balance multiple priorities

Good interpersonal and communication skills

Bachelor's degree

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

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

Client-provided location(s): Westlake, TX, USA
Job ID: CharlesSchwab-2024-105879
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • FSA With Employer Contribution
    • HSA
    • HSA With Employer Contribution
    • Pet Insurance
    • Mental Health Benefits
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Snacks
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Sabbatical
    • Leave of Absence
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Shadowing Opportunities
    • Access to Online Courses
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program