Senior Manager, Business Unit Risk - Product Governance
Your Opportunity
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 Wealth and Advice Solutions Risk & Governance (WAS R&G) is a team of risk professionals supporting the Wealth and Advice Solutions (WAS) business in understanding and executing obligations of various risk programs. Within WAS R&G, the Governance and Business Operations team is responsible for elevating and focusing on governance practices across WAS. Key activities include governance forums across WAS, Metrics and Reporting, Product Governance, and Disclosure Management.
Reporting to the Director, WAS R&G, Product Governance, the Sr. Manager will play a critical role in supporting the WAS business as they navigate product review obligations across the pre-launch, launch, and post-implementation lifecycle. This role requires understanding of Enterprise Risk Frameworks and Risk Management Practices related to risk identification, risk response, measurement and reporting. In this role you will grow your knowledge by cultivating subject matter expertise in the Product Review Process and helping the business identify, assess, and manage risks.
This role also requires strong risk management, governance, and stakeholder engagement skills, as well as the ability to navigate complex regulatory and business landscapes. This individual will work closely with product and offer owners, product teams, risk, compliance, and legal partners to navigate the product governance framework that supports business growth while mitigating risks effectively.
Your responsibilities will include, but not limited to, supporting the following Product Governance activities:
Primary focus is facilitating the risk assessment processes to identify, assess, and mitigate risks associates with product launches, modification, and ongoing operations
Provides guidance to product and offer teams on risk identification, approval requirements, and governance considerations throughout the product lifecycle
Supports the development of mitigants and metrics to address new or evolving risks associated with product launches or modifications
Facilitates process to engage peers across WAS Risk & Governance to evaluate impact to Risk Programs (e.g., conflicts of interest, disclosures, policies, supervision practices)
Establish and maintain roadmaps and timelines for required approvals and governance forum appearances
Consults and contributes to preparing materials for governance forums
Serve as a subject matter expert and trusted advisor on the product review process, guiding the product and offer teams on their pre-launch, launch and post-launch obligations
Build and maintain strong partnerships with peer business and stakeholders engaged in the Product Review Process to ensure a collaborative and effective governance approach
Support the Director with product review reporting and governance updates
Support the Director in implementation of the processes and practices to drive continued operational efficiency
Design, develop, and create WAS business guided resources
As needed, execute on risk or regulatory projects through partnership with internal stakeholders
Collaborate with cross-functional partners to implement improvements to the product review process
Other product or governance related activities
What you have
Required Qualifications:
5+ years of experience in product governance, risk management or compliance, preferably in a diversified financial services environment
Strong problem-solving and analytical skills, with the ability to identify risks, assess impact, and recommend mitigation strategies
Bachelor’s degree and/or equivalent work experience
Preferred Qualifications:
Experience in risk identification, measurement, monitoring and reporting with a focus on financial products and offers
Solid knowledge of recent regulatory developments with a specific focus on products
Understanding of product governance frameworks and best practices
Strong understanding of retail, advisory and brokerage products/services
Strong written and verbal communication, organization, and project management skills with experience preparing governance reports, risk assessment, and executive-level presentations
Ability to engage with senior stakeholders and partners with cross-functional teams
Expertise in turning data into actionable insights using effective charts, graphs, and visual storytelling telling techniques
Proficient with Word, PowerPoint, Excel, and Outlook
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
What you are good at
What you have
Required Qualifications:
5+ years of experience in product governance, risk management or compliance, preferably in a diversified financial services environment
Strong problem-solving and analytical skills, with the ability to identify risks, assess impact, and recommend mitigation strategies
Bachelor’s degree and/or equivalent work experience
Preferred Qualifications:
Experience in risk identification, measurement, monitoring and reporting with a focus on financial products and offers
Solid knowledge of recent regulatory developments with a specific focus on products
Understanding of product governance frameworks and best practices
Strong understanding of retail, advisory and brokerage products/services
Strong written and verbal communication, organization, and project management skills with experience preparing governance reports, risk assessment, and executive-level presentations
Ability to engage with senior stakeholders and partners with cross-functional teams
Expertise in turning data into actionable insights using effective charts, graphs, and visual storytelling telling techniques
Proficient with Word, PowerPoint, Excel, and Outlook
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.