Get new jobs for this search by email

3 days ago Be among the first 25 applicants

Position Type: Regular
Your opportunity
The Internal Audit Department (IAD) of The Charles Schwab Corporation provides independent and objective assessments to figure out whether all significant risks are identified and appropriately reported by management and risk functions to the Board and Executive Management, to evaluate whether risks are adequately controlled, and to challenge Executive Management to improve the efficiency of governance processes, risk management, and internal controls.
The Corporate Internal Audit team is seeking a Senior Specialist, Internal Audit, Risk Analytics/Modeling. The Corporate team is responsible for execution of audits over the firms corporate and risk management functions including model risk. We are hiring a quantitative specialist to perform testing as part of audit reviews of model development, governance and validation controls. This individual will contribute to the Corporate Internal Audit team. The candidate will need a good understanding of statistics and models in general. The role includes performing testing as part of audit reviews of various model types including: Capital Stress Testing (CST), Fraud, Anti-Money Laundering (AML), Machine Learning, Credit risk, Interest Rate risk, Margin risk, Investment risk, and Business Intelligence/Marketing.
What Youll Do

• Audit Execution:
• Assist with performing audit reviews of model development and validations following guidelines based on SR 11-7 Guidance on Model Risk Management, to include an assessment of model usage, documentation, conceptual soundness, data integrity, the control environment, and the software environment
• Communicate work through formal model audit templates, reports, as well as through presentations to model owners and validation teams
• Work effectively as a team member with other quantitative analysts at the company
• Evaluate model performance monitoring reports, and conducting model annual reviews
• Participate in the planning and execution of internal audit assignments on models, ensuring work is performed in accordance with IAD methodology.
• Issues Identification: Based on the results of audit testing, identify and draft audit observations for review by the Internal Audit Manager/Senior Manager (and above levels) and subsequent debriefing with the key partners (typically VP-level and below).
• Issue Management and Validation: Conduct validation testing of the audit issue action plans completed by the business.
• Risk Assessment: Under the direct supervision of IAD Management, participate in the annual Risk Assessment process, including scheduling and participation in meetings with partners, and the scoring and documentation of risk ratings.
• Coaching: Provide support, mentoring, and feedback to audit team members throughout the audit. Provide assistance with onboarding and ongoing support to new team members.
• Administration/Training: Completion of firm-wide and departmental administration and training requirements.
• Other Initiatives/Special Projects: As needed, assist with special projects related to business operational improvement or internal team needs.
  

What you have
Required Skills And Qualifications

• Working on or attained advanced degree in a quantitative field (economics, statistics, finance, mathematics, physics)
• Advanced skill with one or more analytical tools, such as SAS, R, Python, or MATLAB
• Strong oral and written communication skills
• Excellent people skills
  

Preferred Skills And Qualifications

• Understanding of statistical concepts and predictive modeling fields
• Beginning exposure to model governance processes and regulatory requirements for large US banks
• Exposure to model governance processes
  

Whats in it for you
At Schwab, were committed to empowering our employees personal and professional success. Our purpose-driven, supportive culture, and focus on your development means youll get the tools you need to make a positive difference in the finance industry. 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

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  IT Services and IT Consulting

Referrals increase your chances of interviewing at PandoLogic by 2x

Sign in to set job alerts for Senior Auditor roles.

Dallas-Fort Worth Metroplex $65,000.00-$90,000.00 1 month ago

Addison, TX $80,000.00-$100,000.00 3 weeks ago

Irving, TX $95,000.00-$110,000.00 3 weeks ago

Southlake, TX $85,000.00-$105,000.00 3 weeks ago

Westlake, TX $59,700.00-$122,000.00 4 days ago

$140,000 | Senior Fund Accountant | Private Equity

Dallas-Fort Worth Metroplex $100,000.00-$140,000.00 2 weeks ago

Dallas-Fort Worth Metroplex $100,000.00-$135,000.00 20 hours ago

Addison, TX $110,000.00-$125,000.00 1 week ago

Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr