Senior Specialist, Risk Analytics and Modeling

Charles Schwab; Austin (TX); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

401(k) with company match

Paid time off and sabbatical

Parental leave

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab in Austin is seeking a Senior Specialist in Risk Analytics/Modeling to evaluate analytical models, AI/ML systems, and cybersecurity analytics that support key business decisions.

You will perform independent analysis, validate methodologies and results, and present findings to stakeholders. This role values curiosity, integrity, and clear communication, with a hybrid schedule (4 days in office, 1 day remote) and relocation to listed areas.

Qualifications

• We require a Bachelor's degree in a quantitative field (e.g., Mathematics, Statistics, Finance, Economics, Engineering, Cyber-security, Data Science, CS).
• Excellent written and verbal communication skills.
• Exposure to programming, data analysis, ML, statistics, or quantitative research through coursework or projects.
• 0-5 years of professional experience in finance, modeling, cybersecurity, or related fields.

Responsibilities

• Evaluate analytical models supporting investment management, cybersecurity threat detection, AI, and risk management.
• Analyze model methodologies, testing results, and performance data for accuracy and reliability.
• Perform independent analysis and communicate findings via validation reports and presentations.
• Collaborate with developers, data scientists, and business partners across Schwab.

Education

Bachelor's degree in a quantitative field

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. 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.

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