Senior Manager, Model Risk Oversight - Artificial Intelligence, Investments & Digital Finance
Your Opportunity
Your opportunity
At Schwab, you’re empowered to make an impact. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.
The Model Risk Oversight (MRO) organization at Charles Schwab is seeking a highly accomplished quantitative leader to join the firm as a Senior Manager responsible for independent oversight of advanced artificial intelligence (AI) and financial models supporting Schwab’s investment, advisory, and digital assets initiatives. This role focuses on validation of models spanning machine learning (ML), generative AI, and emerging agentic AI systems, as well as traditional financial models used in portfolio construction, trading analytics, and advisory recommendation engines. The position could also validate models related to digital assets, private equity markets, and alternative investment strategies.
Key Responsibilities:
Lead independent validation of quantitative, machine learning, and generative AI models used across investment and advisory platforms.
Evaluate model design, assumptions, theoretical soundness, data inputs, and empirical performance.
Assess risks related to data quality, feature engineering, model drift, explainability, and AI model limitations.
Validate models supporting portfolio construction, trading analytics, advisory recommendations, digital assets, and private equity markets.
Prepare detailed validation reports and present findings to senior management and regulatory stakeholders.
What you have
Qualifications:
Master’s degree required; PhD preferred in Mathematics, Statistics, Computer Science, Engineering, Finance, or a related quantitative discipline.
8+ years of experience in model validation, model development, quantitative finance, or AI/ML modeling.
Strong experience with machine learning, generative AI, or large language model architecture.
Deep understanding of SR 11-7 model validation standards.
Proficiency in Python, R, SQL, or similar analytical tools.
Strong communication skills and ability to explain complex technical findings.
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
Qualifications:
Master’s degree required; PhD preferred in Mathematics, Statistics, Computer Science, Engineering, Finance, or a related quantitative discipline.
8+ years of experience in model validation, model development, quantitative finance, or AI/ML modeling.
Strong experience with machine learning, generative AI, or large language model architecture.
Deep understanding of SR 11-7 model validation standards.
Proficiency in Python, R, SQL, or similar analytical tools.
Strong communication skills and ability to explain complex technical findings.
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.