Manager, Risk Analytics/Modeling
Your Opportunity
Your opportunity
At Schwab, you are 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 Model Risk Oversight (MRO) Program Management team resides within the Corporate Risk Management organization at Charles Schwab. We are responsible for model risk management at the firm. This includes developing, maintaining, and communicating proper model risk policies, standards, and procedures to those who build and validate models across the firm. We also ensure that the model risk program is effective and compliant with regulatory expectation and industry best practice.
We are looking for an individual contributor who focuses on the development of model risk policy and procedures, ensuring compliance with regulatory and industry standards, and monitors the adequacy and ongoing execution of the model risk program.
What you have
The ideal candidate will have a proven ability to develop and maintain a control, governance, or oversight framework and ability and initiative to anticipate and resolve problems. Specifically, the candidate will have:
Required Qualifications:
Bachelor’s degree in business, quantitative practice, information systems, or related area
MBA, master’s degree, or equivalent work experience in risk management or governance
1+ years of experience in the financial services industry required with a risk management, governance, or oversight focus
Experience developing and maintaining policy requirements
Experience with dashboard management and reporting automation
Working knowledge of SQL and understanding of relational databases
Proficiency in MS Office products
Preferred Qualifications:
Ability to communicate, write, and present ideas and concepts clearly with senior leadership and business lines
Sharp critical thinking and problem-solving skills with analytical and detailed-oriented focus
Ability to manage validation activity scheduling in an internally administered system
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
The ideal candidate will have a proven ability to develop and maintain a control, governance, or oversight framework and ability and initiative to anticipate and resolve problems. Specifically, the candidate will have:
Required Qualifications:
Bachelor’s degree in business, quantitative practice, information systems, or related area
MBA, master’s degree, or equivalent work experience in risk management or governance
1+ years of experience in the financial services industry required with a risk management, governance, or oversight focus
Experience developing and maintaining policy requirements
Experience with dashboard management and reporting automation
Working knowledge of SQL and understanding of relational databases
Proficiency in MS Office products
Preferred Qualifications:
Ability to communicate, write, and present ideas and concepts clearly with senior leadership and business lines
Sharp critical thinking and problem-solving skills with analytical and detailed-oriented focus
Ability to manage validation activity scheduling in an internally administered system
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.