Senior Manager, Risk Analytics/Monitoring
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 Senior Manager position is an individual contributor role within our Analytics, Strategy, Data, & Solutions (ASDS) team, part of the Financial Crimes Risk Management (FCRM) organization. The team develops surveillance tools, creates customer risk solutions, and provides data and analytical expertise to FCRM teams and beyond. ASDS works closely with teams focused on modeling, model risk, anti-money laundering, enhanced due diligence, compliance, technology, and other areas to ensure a robust, well-coordinated approach to tackling financial crimes.
You will work closely with business partners to identify risks and target illicit behaviors. This position is responsible for analyzing data and providing recommendations to support effective and efficient management of Financial Crimes risk. You’ll leverage advanced analytics, programming, and business acumen to drive impactful solutions.
What You'll Do:
- Identify, extract, clean, aggregate, and analyze data from disparate systems using SQL and Python
- Critically evaluate and improve existing AML scenarios to ensure they target accurate behaviors and drive effective alerts
- Develop new rules and scenarios for AML transaction monitoring and other systems
- Analyze large, sophisticated data sets to identify and interpret new trends, patterns, and emerging risks
- Quantify the impact of scenario and model changes, employing methodologies to observe various AML outputs
- Support business partners with development, testing, implementation, and tracking of AML scenarios and models
- Build effective presentations and communicate analysis approach, methodologies, findings, and recommendations to business partners and leadership
- Design and maintain key performance indicator (KPI) reporting and evaluate data to ensure scenario performance; recommend and take vital actions based on findings
- Address exam requests and action plans through research, analyses, development of supporting artifacts, and process walkthroughs
- Expand knowledge of AML concepts, red flags, emerging risks, and analytical methodologies used to target money laundering and related illicit activity
- Collaborate with team members and business partners to deliver outstanding solutions
- Support development of team members through training and mentorship
- Manage projects from ideation through implementation, working with agile methodology and SDLC process
- Design and implement monitoring frameworks for cryptocurrency transactions across multiple platforms, deploy and optimize blockchain analytics tools to detect suspicious activity and mitigate financial crime risks, and provide subject matter expertise on crypto-related regulatory requirements and industry best practices
Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.
Please note: this position is M-F, 8am-5pm local time and a hybrid work model. It will be 4 days in-office, 1 day from home, during standard business hours. 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.
What you have
Required Qualifications:
- Must have experience in AML, Fraud, and/or Sanctions
- 5+ years of financial analysis, data analytics, and/or business intelligence experience
- 5+ years gathering data from disparate systems such as Teradata, Oracle, SQL Server, BigQuery, and/or other databases
- 3+ years of experience with bank, brokerage, or financial services
- Advanced programming experience utilizing Python and SQL
- Advanced ability to evaluate large quantities of data, summarize key findings, recommend a course of action, and present effectively to leadership and key stakeholders
- Experience developing risk-based decision strategies and leveraging decision engines
- Experience creating dashboards and visualizations
- Highly effective communicator who can explain complicated subject matter to all stakeholders, including those less technically oriented
- Technical understanding of agile methodology and SDLC process
- Positive demeanor, passion, professionalism, and strong work ethic with high level of integrity and ethics
- Superb attention to detail
- Proficiency with Excel, PowerPoint, and other Microsoft Office products
- Bachelor’s degree in Statistics, Mathematics, Economics, Business Analytics, Finance, or related quantitative field
Preferred Qualifications:
- ACAMS or ACFCS Certification
- Knowledge of evolving crypto regulations and enforcement typologies
- Cryptocurrency Certifications, such as ACAMS CCAS or CFCS C2SD
- Experience using SAS
- Experience with internal and external exam groups
- Familiarity with tools such as Chainalysis or TRM Labs is a plus
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:
- Must have experience in AML, Fraud, and/or Sanctions
- 5+ years of financial analysis, data analytics, and/or business intelligence experience
- 5+ years gathering data from disparate systems such as Teradata, Oracle, SQL Server, BigQuery, and/or other databases
- 3+ years of experience with bank, brokerage, or financial services
- Advanced programming experience utilizing Python and SQL
- Advanced ability to evaluate large quantities of data, summarize key findings, recommend a course of action, and present effectively to leadership and key stakeholders
- Experience developing risk-based decision strategies and leveraging decision engines
- Experience creating dashboards and visualizations
- Highly effective communicator who can explain complicated subject matter to all stakeholders, including those less technically oriented
- Technical understanding of agile methodology and SDLC process
- Positive demeanor, passion, professionalism, and strong work ethic with high level of integrity and ethics
- Superb attention to detail
- Proficiency with Excel, PowerPoint, and other Microsoft Office products
- Bachelor’s degree in Statistics, Mathematics, Economics, Business Analytics, Finance, or related quantitative field
Preferred Qualifications:
- ACAMS or ACFCS Certification
- Knowledge of evolving crypto regulations and enforcement typologies
- Cryptocurrency Certifications, such as ACAMS CCAS or CFCS C2SD
- Experience using SAS
- Experience with internal and external exam groups
- Familiarity with tools such as Chainalysis or TRM Labs is a plus
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.