Senior Manager, Risk Analytics​/Modeling

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). This will be a hybrid Monday
- Friday standard business hour position. The hybrid model currently is 4 days a week in-office, Fridays from home. Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.

Fraud Risk Oversight (FROST) is a team within the Fraud Risk Management group (FRM) in Financial Crimes Risk Management. FRM is responsible for the design and oversight of Schwab’s fraud risk management program, which protects client and firm assets through prevention and mitigation of fraud losses. FROST is responsible for coordinating and performing Second Line of Defense (2

LOD) oversight of Schwab’s fraud risk management program. FROST regularly engages with First Line of Defense (1

LOD) and 2

LOD stakeholders throughout the fraud risk management lifecycle to share information on fraud trends and control updates. FROST is also responsible for providing guidance and effective challenge to the 1

LOD on fraud control design and performance.

Fraud Risk Oversight Analytics and Research (FROST A&R) analysts play a critical role in the firm’s fraud risk management program. They are responsible for maintaining a full view of the fraud life cycle across all Schwab products, including new accounts, asset transfers, trading, wires, ACH, Visa debit cards, bill pay, journals, and other products. FROST A&R analysts leverage a broad range of data to identify fraud trends;

monitor the design and performance of applicable fraud models, rules, decision strategies, and other controls; and conduct other research into fraud risks and mitigation strategies. They leverage the results of these reviews to provide guidance and effective challenge to 1

LOD business partners, support leadership reporting, and advise senior leadership on fraud risk management program design.

The selected candidate will help drive the success of the 2

LOD Fraud Risk Oversight Program. The Senior Manager, an individual contributor role, will work closely with peers and business partners to identify risks and target illicit behaviors, use data to quantify fraud trends, losses, behaviors, gaps in policies and procedures, and support effective and efficient management of fraud scenarios. This position requires a self-starter with strong analytical, technical, and communication skills.

This position is ideal for an individual who can transform complex challenges into valuable insights; develop documented, repeatable methodologies; craft clear narratives; and deliver actionable recommendations. A successful candidate will use evidence-based guidance and effective challenge to influence outcomes, with strong analytical, technical, and communication skills and a commitment to scalable monitoring and repeatable analytics.

• Work independently and collaboratively throughout the analytics lifecycle including data extraction/preparation, analysis, and documentation of results.
• Leverage tools and analytical applications such as SQL, Python, R, and SAS in daily work to build repeatable analytics and monitoring solutions.
• Maintain a full‑lifecycle view across products/channels; identify emerging fraud patterns, loss drivers, and behavioral changes that impact risk and control performance.
• Monitor and assess the design and performance of fraud models, rules, and other controls; identify gaps, drift, and opportunities to improve effectiveness and efficiency.
• Partner with technical and non‑technical resources across the business to leverage their support delivering solutions while ensuring analytical outputs are understood, usable, and decision relevant.
• Work with Operations and 1
  
  LOD partners to identify gaps in system/operations process flows ensuring…