Senior Manager, Alternative Investment Lending Analyst

Company: Charles Schwab
Location: Omaha
Posted on: February 26, 2026

Job Description:

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. Please note: This position is M-F during standard business hours with a hybrid work model (4 days in-office, 1 day working from home). It is only available in the areas listed. Candidate must reside or be willing to relocate on their own to one of the listed areas. Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship. This role offers a unique opportunity to work at the intersection of alternative investments, credit risk, and high net worth lending, supporting the growth of innovative lending solutions. We are seeking an Alternative Investment Lending Analyst to support the underwriting, collateral review, and ongoing risk assessment of loans secured by non traditional and illiquid assets. This role will focus on evaluating alternative investment collateral—including private company stock, alternative investment funds, and structured notes—and supporting credit decisions for high net worth borrowers. The analyst will work closely with credit, risk, legal, and product partners to assess collateral eligibility, inform advance rates, and support the development of scalable underwriting and monitoring frameworks for alternative asset backed lending programs What you will do: Analyze and assess alternative investment collateral, including: • Private equity, private credit, real estate, and other alternative investment funds • Structured notes and other complex structured products • Private, restricted, or closely held stock Review offering documents (e.g., PPMs, subscription agreements, indentures) to evaluate: • Asset structure, liquidity, leverage, and valuation methodology • Transfer restrictions, pledgeability, and control considerations • Sponsor quality and governance features • Provide written credit analysis on alternative investment collateral Support underwriting of high net worth borrowers, including analysis of: • Borrower liquidity, net worth, and repayment capacity • Concentration risk and portfolio diversification Assist in determining appropriate advance rates and risk mitigants based on: • Asset volatility and liquidity • Borrower strength and overall collateral mix Support post origination monitoring of alternative collateral, including: • Periodic valuation reviews • Sponsor or structure changes • Concentration and exposure tracking What you have Required Qualifications: 5 years of experience in one or more of the following: • Alternative investment analysis (PE, private credit, real assets, hedge funds) • Credit underwriting or risk management • Wealth management, private banking, or HNW lending Hands on experience reviewing alternative investment structures and documentation Familiarity with lending to high net worth borrowers and assessing borrower financial strength Strong understanding of: • Alternative asset liquidity, valuation, and risk characteristics • Credit fundamentals and underwriting principles • Ability to synthesize complex legal and financial documents into clear risk assessments • Strong written and verbal communication skills, particularly for credit memos and stakeholder discussions • Detail oriented with sound judgment in evaluating non standard risks • Exposure to collateralized lending or asset backed credit Preferred Qualifications: • CFA designation or progress toward CFA (a plus, not required) Why work for us? 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. We offer a competitive benefits package to our full-time employees 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

Keywords: Charles Schwab, Sioux City , Senior Manager, Alternative Investment Lending Analyst, Accounting, Auditing , Omaha, Iowa