Charles Schwab is a company that empowers its employees to make an impact on their careers. They are seeking a Senior Specialist to focus on model validation and contribute to the Model Risk Oversight team, responsible for managing financial and reputational risks through advanced quantitative methodologies.
Responsibilities:
- Validating models, covering usage, documentation, conceptual soundness, data integrity, controls, and software
- Delivering model validation reports and presenting findings to model owners and senior management
- Collaborating with internal analysts and external consultants
- Reviewing model performance monitoring and conducting annual model reviews