Managing Director, New Product Governance and Operations

Your Opportunity

Managing Director, New Product Governance and Operations

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, a preferred candidate for this role has been identified.

The Managing Director, New Product Governance and Operations will lead enterprise product governance across Wealth Advisory and Schwab Investment Platforms, Solutions & Strategy (“SIPSS”), establishing M&A governance, maturing and expanding the Product Review Council (“PRC”) mandate, and accelerating new product delivery.

Key Outcomes:

• Lead enterprise product governance for CS&Co distribution to advance the SIPSS mission of expanding Schwab’s product shelf to meet the evolving needs of our clients.
• Streamline the PRC process through risk assessment, committee pathways, and cross-enterprise coordination.
• Expand and mature the Product Review Committee (PRC) mandate, using it as the primary engine to improve governance discipline and accelerate speed-to-market for new products.
• Design, facilitate, and evolve governance forums, including established committees and purpose-built forums that address emerging risks, coordination gaps, and operating model maturity.
• Partner with second-line risk and compliance to sustain the regulatory effectiveness of the new product process while incorporating business needs and delivery velocity and represent product governance in regulatory engagement.
• Facilitate key risk committees, including WABT and SIPSS, with ownership of agenda design, risk profile reporting, escalations, and leadership development for direct reports.
• Advance enterprise alignment through the SWAI Management Committee and annual Wealth Risk Summit, coordinating Legal, Compliance, and business priorities across critical initiatives.Build, lead, and develop a high-performing governance organization, growing distributed leadership and developing direct reports through direct, balanced, and actionable feedback.

What you have

Key Skills and Experience:

• 10+ years in progressively senior leadership roles within a financial services organization of comparable scale and complexity, with relevant experience in risk, client experience or product governance.
• Proven change leader with strong operational discipline and a track record of improving governance, process effectiveness, and cross-enterprise execution.
• Strong strategic, analytical, and decision-making skills, with sound judgment across risk, expense, client experience, and business growth tradeoffs.
• Executive presence, influence, and relationship management skills to navigate complex stakeholder dynamics and drive alignment across senior leaders.
• Demonstrated leadership in managing multiple priorities, leading diverse teams, and developing talent through direct, balanced, and actionable feedback.
• Ability to build followership and trust across diverse teams and stakeholders by setting clear direction, modeling accountability, and creating shared commitment to outcomes.
• Confidence and courage to make business and talent decisions, champion new ideas, and encourage constructive dissent when appropriate.
• Strong written and verbal communication skills, with the ability to engage effectively at all levels of the organization.Undergraduate degree required.