Senior Specialist, Risk Analytics - Anti Money Laundering

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.

The Senior Specialist position is an individual contributor role within our AML Analytics, Strategy, Data, and Solutions (ASDS) team, part of Schwab’s Financial Crimes Risk Management (FCRM) organization. The ASDS team handles the firm’s analytical efforts around Anti-Money Laundering (AML) and Money Movement Surveillance detection. This team works closely with teams focused on modeling, model risk, anti-money laundering, enhanced due diligence, compliance, technology, and other areas to ensure a robust, well-coordinated approach to tackling financial crimes.

The ASDS team is looking for this Senior Specialist to perform reporting activities and provide analytical support towards anti-money laundering efforts. The analyst must be able to collaborate with team members and business partners to help address business challenges. This position requires a candidate with strong analytical, technical, and communication skills as well as someone who is highly reciprocal with a high level of attention to detail.

What you are good at:

• Identifying, extracting, cleaning, aggregating, and analyzing data found in disparate data systems using SQL & Python

• Analyzing large, sophisticated data sets to identify and interpret new trends, patterns and emerging risks

• Providing analytical support to team members in the enhancement of existing AML scenarios, high-risk customer monitoring and development of new solutions

• Performing impact analyses to quantify scenario and threshold changes

• Designing and maintaining performance monitoring reports

• Developing presentations to summarize analytical findings

• Presenting analyses and recommendations to coworkers, business partners, and management

• Collaborating with team members and business partners to understand business challenges and help identify potential solutions

• Supporting business partners with testing, implementation, and tracking of BSA/AML solutions

• Ability to learn quickly and gain an understanding of AML, red flags, emerging risks, and analytical methodologies used to target money laundering and related illicit activity

What you have

Required Qualifications:

• Bachelor’s degree in Statistics, Mathematics, Economics, Business Analytics, or related quantitative field

• 2+ years of Data Analytics and/or Business Intelligence experience including developing advanced SQL queries and gathering data from disparate systems such as Teradata, Oracle, SQL Server, and/or other databases

• Strong analytical skills and hands on experience with analytical tools such as SQL and Python

• Proficiency with Excel, PowerPoint, and other Microsoft Office products

• Experience creating reports and presentations

Preferred Qualifications:

• Ability to evaluate large quantities of data and extract important insights

• Strong creative thinking and sophisticated problem-solving skills to perform research and help identify new solutions used to target and mitigate financial crime risk

• Highly motivated and goal-oriented demeanor

• Outstanding attention to detail and confirms the quality and accuracy of the work product

• Good interpersonal and collaboration skills

• Excellent written and verbal communication skills and can understand and explain complicated subject matter to other partners

• Understands the use of statistical applications to help analyze data (a plus)

• Financial Crime experience (ACAMS/ACFCS Certification)

• Knowledge of the brokerage business, financial services, crypto, and/or Schwab