Charles Schwab · 4 hours ago
Managing Director, Credit Administration
US-TX-Westlake
Full-time
Onsite
Lead/Staff
$275K/yr - $325K/yrCharles Schwab is a company focused on empowering clients to achieve their financial goals through innovative investment solutions. The Managing Director, Credit Administration is responsible for overseeing the credit functions of the Bank Credit Team, ensuring sound credit decisioning, managing loan portfolios, and fostering stakeholder relationships.
Financial Services
Responsibilities
Build and sustain high-performing, diverse teams with deep credit expertise
Model Schwab’s leadership principles by promoting collaboration, accountability, and continuous development
Inspire teams to deliver industry-leading service, efficiency, and results
Oversee credit underwriting and decisioning in alignment with Schwab’s Credit Risk Policy and risk appetite
Ensure decisions balance client needs with prudent risk management, maintaining the safety and soundness of the bank’s credit portfolio
Safeguard the quality and performance of loan portfolios through rigorous analysis, trend identification, and proactive risk mitigation
Collaborate with business partners to identify opportunities for new products and services, assessing associated risks and recommending guideline and policy enhancements as appropriate
Develop and maintain deep, trusted relationships with key partners including Credit Risk Management, Financial Risk Management, Compliance, Product, Operations, and Internal Audit
Meet on a regular basis with the Federal Reserve Bank of Dallas and the Texas Department of Savings and Mortgage Lending through routine continuous monitoring meetings
Manage loan losses and delinquencies, ensuring compliance with regulatory requirements and staying within Schwab’s board approved risk appetite
Oversee credit allowances to ensure volumes remain within acceptable levels
Identify allowance trends and use this information to collaborate with business partners in identifying new products, services and offerings and their associated risks
Qualification
Required
Demonstrated expertise in leading credit underwriting functions for consumer, high-net-worth, and professional services clients in complex environments
Proven track record of managing disciplined, high-quality loan portfolios that balance risk and client experience
Strong decision-making skills grounded in Schwab's standards, client experience, and risk management frameworks
Thrives on initiating, building, and cultivating strong authentic relationships inside and outside the group; highly collaborative; navigates and activates alignment across organizational silos; especially important to do so with senior executives as this role is regularly involved with executive management level presentations and decision-making
Inspirational leader who will stand up for brave ideas and take smart risks, executing with the right combination of urgency and analysis and prioritizing ruthlessly making tough choices when necessary
Courageous leader who develops followership and builds high performing, diverse, cross-functional working teams of both direct and not direct team members rallied around the strategy
Bachelor's degree required
Preferred
Post graduate degree, professional designations and certifications are plusses
Company
Charles Schwab
We have plans for every turn you take.
Founded in 1973
10001+ employees
H1B Sponsorship
Charles Schwab has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (579)
2024 (468)
2023 (455)
2022 (705)
2021 (483)
2020 (282)
Funding
Current Stage
Late StageLeadership Team
J
Jim McGreevy
Senior Project Manager
Recent News
2025-10-04
Company data provided by crunchbase