Fraud Modeling Sr Specialist
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.
We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s).
At Schwab, we are committed to protecting our clients and firm assets while delivering a strong client experience. The Banking Ops Fraud Modeling team develops and enhances fraud risk strategies and models across money movement products, including wires, ACH, new accounts, debit card, checks, and other Schwab products. This team uses advanced analytics to identify emerging threats, strengthen fraud detection, and partner across the organization to monitor and improve fraud prevention effectiveness.
In this role, you will help protect Schwab clients and firm assets by developing, testing, and enhancing fraud detection strategies for channels including debit card transactions, checks, Zelle, and BillPay. You will analyze fraud trends, identify emerging risks, and tune existing strategies to help balance fraud prevention with a strong client experience.
You will use SQL, business intelligence tools, and Python to evaluate large datasets of transaction activity, uncover fraud patterns, and support real-time fraud decisioning. You will also create reporting and performance insights to share strategy effectiveness, key trends, and recommendations with business partners and stakeholders.
What you have
Required Qualifications:
- 2+ years performing data analysis with some combination of SQL and Python
- Good understanding of basic Exploratory Data Analysis (EDA)
- Basic understanding of KYC practices, fraud loss types, and transaction flows
- Strong data visualization skills
- Ability to work as part of a team and independently
- Strong verbal and written communication skills
- Ability to produce high-quality work with minimal errors in a demanding environment
Preferred Qualifications:
- 2+ years of analytical experience in the areas of financial crimes, fraud, and financial transactions
- 2+ years financial services/banking operations experience
- Working knowledge with fraud issues
In addition to the salary range, this role is also eligible for bonus or incentive opportunities
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:
- 2+ years performing data analysis with some combination of SQL and Python
- Good understanding of basic Exploratory Data Analysis (EDA)
- Basic understanding of KYC practices, fraud loss types, and transaction flows
- Strong data visualization skills
- Ability to work as part of a team and independently
- Strong verbal and written communication skills
- Ability to produce high-quality work with minimal errors in a demanding environment
Preferred Qualifications:
- 2+ years of analytical experience in the areas of financial crimes, fraud, and financial transactions
- 2+ years financial services/banking operations experience
- Working knowledge with fraud issues
In addition to the salary range, this role is also eligible for bonus or incentive opportunities
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.