Charles Schwab

Senior Specialist, Risk Analytics and Modeling

Charles Schwab$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 0-5 years of relevant experience in finance, modeling, programming, or cybersecurity.
  • Bachelor's degree in a quantitative discipline such as Mathematics, Statistics, Economics, or Data Science.
  • Strong analytical thinking and problem-solving abilities.
  • Excellent written and verbal communication skills.
  • Exposure to programming and data analysis, preferably through internships or coursework.

Responsibilities

  • Evaluate financial, AI, and cybersecurity models for risks and improvements.
  • Analyze testing methodologies and performance data for model accuracy.
  • Perform independent analyses and draft validation reports.
  • Communicate findings effectively through presentations.
  • Collaborate with data scientists and developers within the firm.

Benefits

  • Hybrid work model with 4 days in-office and 1 day remote.
  • Opportunity for long-term career growth across various functions.
  • Exposure to advanced analytical technologies and sophisticated models.
  • Chance to work within a dynamic team focused on innovation.
  • Supportive environment for early-career professionals.
Full Job Description
Your Opportunity

At Schwab, you'll have the opportunity to work on some of the firm's most innovative analytical technologies. As part of Model Risk Oversight, you will evaluate financial models, AI and machine learning systems, and cybersecurity analytics that support important business decisions across the organization. Your work will help promote accuracy, transparency, and responsible use of advanced analytics. 

 

We are seeking a Senior Specialist to join our Model Risk Oversight (MRO) team. Designed for early-career professionals and recent graduates, this role provides the opportunity to work with some of Schwab's most sophisticated analytical models spanning quantitative finance, artificial intelligence, cybersecurity, and enterprise risk management. The experience gained in this position can support multiple long-term career paths across analytics, risk management, technology, and leadership functions within the firm. 

 

Please note: This position is M-F during standard business hours with a hybrid work model (4 days in-office, 1 day working from home). 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. Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship. 

 

What you will do: 

  • Evaluate analytical models supporting investment management, cybersecurity threat detection, artificial intelligence, enterprise risk management to identify risks, limitations, and opportunities for improvement.  

  • Analyze model methodologies, testing results, and performance data to assess accuracy and reliability. 

  • Perform independent analysis and communicate findings through validation reports and presentations. 

  • Collaborate with developers, data scientists, and business partners across Schwab.

Role details 

  • Career level: Senior Specialist, Risk Analytics/Modeling 

  • Team: Model Risk Oversight, Investment and Cyber-security Models 

  • Role type: Individual contributor 

  • Primary focus: Financial Modeling, Cyber-security 

What you have

Required Qualifications 

  • We are looking for an individual who demonstrates high energy, integrity, intellectual curiosity, and strong analytical ability.

  • 0-5 years of professional experience, internships, or project work in finance, modeling, computer programming, quantitative research, cybersecurity, or related fields. 

  • Bachelor's degree (or higher) in a quantitative field. For example: Mathematics, Statistics, Finance, Economics, Engineering, Cyber-security, Data Science, or Computer Science. 

  • Excellent written and verbal communication skills. 

  • Exposure to programming, data analysis, machine learning, statistics, or quantitative research through coursework, internships, or personal projects. 

How you will succeed 

You do not need to arrive as an expert in financial regulation or model validation. Successful candidates bring strong analytical thinking, intellectual curiosity, sound judgment, and the ability to communicate complex ideas clearly. We especially value energetic individuals who enjoy learning quickly, testing ideas, and identifying weaknesses before they become problems. 

About Charles Schwab

Charles Schwab is a financial services company that provides a full range of securities, brokerage, banking, money management, financial advisory, investor, and retirement plan services. It operates in four main divisions; investing, wealth management, banking, and trading. Charles Schwab provides a full-service brokerage platform that serves individual investors who invest on their own or through a workplace-sponsored retirement or equity plan, as well as banking through Schwab Bank. The firm was founded in 1973 and is headquartered in San Francisco, California.

Charles Schwab Careers

Join the vibrant team at Charles Schwab, a leader in global finance, where your career is propelled by innovation, leadership, and a commitment to diversity and professional growth. At Charles Schwab, we offer more than just job opportunities; we provide a platform for you to make a significant impact on the industry and our clients' lives.

Work You’ll Do

At Charles Schwab, we are dedicated to helping our clients manage their financial futures. Being part of our team means you'll work alongside some of the most skilled professionals in the financial services industry. Our culture thrives on teamwork, integrity, and relentless dedication to our clients. Whether you're looking for a position in financial consulting, technology, or administrative support, Charles Schwab offers a dynamic work environment where your skills will be honed and your achievements recognized.

Innovate and Lead

Embrace the opportunity to lead through innovation. Charles Schwab’s commitment to technology and innovation is fundamental to our service delivery. By joining our team, you will be at the forefront of developing new solutions that redefine the future of finance. Your leadership can guide significant projects that impact our company and the industry.

Grow Your Career

Charles Schwab believes in fostering the growth of its employees. Whether through professional development programs, diversity training, or leadership workshops, we ensure that our team members receive the support and training they need to advance their careers. With a variety of career paths available, your job at Schwab can evolve with your interests and expertise.

Internship and Employment Opportunities

Start your professional journey with Charles Schwab through our internship programs or full-time employment opportunities. We seek individuals who are passionate, curious, and ready to drive change. A career at Schwab is not just about having a job; it's about building a lasting relationship with a company that values your potential.

Benefits and Culture

Charles Schwab is renowned for its employee-friendly culture. We offer a comprehensive benefits package that supports the health, financial stability, and work-life balance of our team members. From competitive salaries and bonuses to health insurance and retirement plans, Schwab ensures that your career is as rewarding as it is enriching.

Networking and Professional Development

Expand your professional network and enhance your skills through our various networking events, mentorship programs, and training sessions. At Charles Schwab, we believe in leveraging collective expertise to foster learning and innovation. Engage with leaders, gain insights from experienced professionals, and build relationships that will aid your career trajectory.

Join Our Team

Explore the numerous career paths available at Charles Schwab and discover how your talents can be utilized to their fullest potential. Search open positions that match your skills and interests. We are continuously hiring across various disciplines and look forward to adding innovative, driven individuals to our team.

Stay Connected

Keep up to date with the latest from Charles Schwab Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and be the first to know about new openings, company news, and professional tips.

Explore Charles Schwab Jobs

Ready to take the next step in your career? Visit our careers page to review current job openings, submit your resume, and prepare for your interview. At Charles Schwab, your future is waiting. [SEARCH CHARLES SCHWAB JOBS] Join Charles Schwab today and be part of a team that values diversity, innovation, and leadership—where your career can thrive in the exciting world of finance.
Learn more about Charles Schwab
Size
34,200 employees
Market Cap
$151.6 billion
Industry
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ

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