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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’s in it for you:

At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. 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

Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at [email protected] or call 800-275-1281.