Charles Schwab · 15 hours ago
Sr. Manager, Governance Risk Management
Westlake, TX
Full-time
Hybrid
Senior Level
5+ years expCharles Schwab is a leading financial services firm that empowers individuals to make an impact on their careers. They are seeking a Senior Manager in Governance Risk Management to support the Investment Risk Team by enabling model owners to utilize quantitative tools, ensuring compliance with model risk management standards, and advocating for model owners' needs.
Financial Services
Responsibilities
The Senior Manager will remove barriers to execution for model owners enabling them to use quantitative tools to reduce risk, create efficiencies and deliver superior products for clients
Bring SAM Artificial Intelligence tools to production by becoming a subject matter expert in corporate AI governance
Organize and facilitate SAM compliance with Federal Reserve (SR 11-7) guidance on Model Risk Management, largely as interpreted by Schwab’s Model Risk Oversight (MRO) division
Become an expert on the Model Risk standards, policies and procedures developed for model owners by MRO to help model owners comply with SR 11-7. Partner and collaborate closely with MRO experts towards mutual SAM and MRO goals. Act as a knowledge resource and advisor on model risk standards, policies and procedures
Act as an advocate for SAM model owners, and help SAM model owners comply with internal and external guidelines, standards, policies and procedures concerning Model Risk
Become acquainted and familiar with SAM’s investment products, and with the conceptual characteristics of SAM’s suite of models
As a delegate of, and advocate for model owners, wherever possible take up to full responsibility for model validation, re-validation, annual review, and model performance reporting
Maintain extensive documentation libraries in a professional, organized, efficient fashion
Partner with model owners in the model risk management aspects of audit of their processes
Qualification
Required
5+ years of experience with Investment Management and/or model risk management
Strong experience with Microsoft Office tools (MS Excel, Word, PowerPoint, Outlook) is a requirement
Programming skills and experience with investment management expert vendor facilities (Aladdin, FactSet, Morningstar, Bloomberg, and/or Barra)
Superior communication skills: Ability to explain quantitative concepts to a nontechnical audience, and communicate different messages clearly, authentically, and persuasively in a persuasive manner
Preferred
Ideally you are an experienced administrator of technical matters
You have a desire to help others fulfill their absolute requirement to comply with complicated and extensive rules, regulations, and standards. You derive satisfaction and fulfillment from that ends
A quantitative background is a plus, as is a background in administration of quantitative processes
Experience with Migraph is a distinct plus
Experience in all areas of investment management is valued, as well as experience in risk management in general and model risk management in particular
Experience in negotiation towards the achievement of pragmatic and material results, or the desire and ability to grow negotiation skills
Sufficient depth of experience to interact and communicate effectively with technical experts and portfolio managers via meetings, presentations, and written reports
You are qualified to learn. For example, today you might not be familiar with a particular, very technical body of knowledge but you are unafraid and willing to apply yourself to learning more about it
Ability to work effectively in a collaborative environment
Ability to identify and remove obstacles that hinder or prevent teams from doing their best work
Benefits
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
Company
Charles Schwab
We have plans for every turn you take.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
J
Jim McGreevy
Senior Project Manager
Recent News
2025-10-04
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