Senior Model Validator – Fraud & AML Risk (Hybrid)

Charles Schwab; Austin (TX); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Charles Schwab seeks a Senior Manager in Model Risk Oversight to lead model validation and risk initiatives. You will validate models per SR 26-2, prepare validation reports, and collaborate with analysts and consultants to ensure robust governance and risk controls.

Ideal candidates bring strong quantitative skills, fraud/AML domain knowledge, and clear communication with model owners and senior leadership. This is a hybrid role with in-office and remote work options.

Qualifications

• 2+ years of experience in fraud monitoring and anti-money laundering.
• 5+ years of quantitative experience.
• Advanced degree in statistics, mathematics, physics, engineering, economics, or a related quantitative field.
• Knowledge of model governance and U.S. banking regulations.
• Proficiency in Python, SAS, R, or other statistical programming languages.

Responsibilities

• Validate models in accordance with SR 26-2, including model use, documentation, conceptual soundness, data integrity, controls, and software.
• Prepare model validation reports and present findings to model owners and senior management.
• Partner with internal analysts and external consultants on validation activities.
• Evaluate model performance monitoring and complete annual model reviews.

Skills

Fraud AML experience

Quantitative experience

Advanced degree

Model governance knowledge

Python SAS R

Education

Advanced degree in quantitative field

Tools

Python

SAS

R

Job description

Charles Schwab seeks a Senior Manager in Model Risk Oversight to lead model validation and risk initiatives. You will validate models per SR 26-2, prepare validation reports, and collaborate with analysts and consultants to ensure robust governance and risk controls.

Ideal candidates bring strong quantitative skills, fraud/AML domain knowledge, and clear communication with model owners and senior leadership. This is a hybrid role with in-office and remote work options.