Director, Investment Risk

Your Opportunity

At Schwab, you’re 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.

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s).

Schwab remains committed to providing increased visibility to career growth opportunities and job requirements. This posting announcement is part of increased transparency and while all qualified applicants will be reviewed and considered, this organization has a preferred candidate identified for this role.

Schwab Asset Management (SAM) is the asset management arm of The Charles Schwab Corporation, overseeing more than $1.7 trillion in assets across mutual funds, ETFs, and separately managed account strategies. Our investment professionals manage a diverse range of active and index-based equity, fixed income, asset allocation, and money market solutions designed to help clients achieve their financial goals.

As a Director on the SAM Investment Risk team, you will play a critical role in strengthening model governance and advancing risk management practices across a broad portfolio of investment models and strategies. Partnering closely with portfolio managers, quantitative professionals, model owners, and enterprise risk stakeholders, you will help ensure investment models are effectively governed, validated, documented, monitored, and aligned with internal standards and regulatory expectations.

In this highly collaborative role, you will serve as a trusted advisor to model owners, helping them navigate evolving model risk requirements while enabling innovation, operational efficiency, and informed decision-making. You will guide and support compliance with Model Risk Management standards, including regulatory expectations such as Federal Reserve SR 11-7 guidance, while building strong partnerships with Schwab's Model Risk Oversight organization and other key business partners.

You will contribute to the successful implementation and governance of artificial intelligence and quantitative tools used across asset management, helping bring innovative solutions into production environments while maintaining strong controls and oversight. By leveraging your knowledge of investment management, risk management, and governance practices, you will help identify and remove barriers to execution, support audit and validation activities, oversee model documentation and reporting processes, and drive continuous improvement efforts that enhance the effectiveness of SAM's investment processes.

Success in this role requires strong analytical thinking, sound judgment, adaptability, and the ability to communicate complex quantitative concepts to diverse audiences. You will have the opportunity to influence enterprise-wide risk practices, solve complex governance challenges, and make a meaningful impact on the quality, transparency, and integrity of investment models supporting Schwab's clients.

What you have

Required Qualifications

• 5+ years of experience in investment management, model risk management, risk management, or a related financial services environment.
• Experience supporting, administering, governing, validating, monitoring, or documenting quantitative models, investment models, or risk management frameworks.
• Strong proficiency with Microsoft Office applications, including Excel, Word, PowerPoint, and Outlook.
• Demonstrated ability to interpret and apply policies, procedures, standards, and regulatory requirements within a controlled environment.
• Experience communicating complex technical, quantitative, or risk-related concepts to both technical and non-technical audiences.
• Strong written, verbal, and presentation communication skills.
• Ability to build effective partnerships and collaborate across multiple teams and business functions.
• Strong problem-solving, organizational, and decision-making skills with attention to detail.
• Ability to manage documentation, reporting, and governance activities in a structured and organized manner.
• Demonstrated learning agility and ability to quickly develop expertise in new business, technical, or regulatory topics.

Preferred Qualifications

• Experience working within asset management, portfolio management, quantitative investing, investment risk, or enterprise risk organizations.
• Experience supporting Model Risk Management programs and regulatory frameworks, including SR 11-7 guidance.
• Knowledge of quantitative analysis, portfolio construction, risk modeling, or investment analytics.
• Experience supporting artificial intelligence, machine learning, or advanced analytical tools within a governance framework.
• Experience partnering with audit, compliance, regulatory, or risk oversight functions.
  Programming experience and familiarity with quantitative or investment-related technologies.
• Experience using investment management and analytics platforms such as Aladdin, FactSet, Morningstar, Bloomberg, Barra, Migraph, or similar solutions.
• Experience influencing stakeholders and negotiating solutions that balance business needs with risk management objectives.
• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, or a related field.

In addition to the salary range, this role is eligible for bonus or incentive opportunities.