Charles Schwab IT Auditor/Validator – Model Risk Management in Lone Tree, Colorado


Lone Tree - CO, DENR2, 9800 Schwab Way, 80124

Cameron Ellsworth


We believe that , when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck at over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Our Opportunity:

The Model Risk Management (MRM) Governance team resides within MRM under the Corporate Risk Management organization at Charles Schwab & Co., Inc. Model Risk Management is responsible for effectively managing the risk to the firm of using financial models. A responsibility of the MRM Governance team is to perform technical validation/audit of controls surrounding model environments.

The IT Auditor/Validator on the MRM team will drive the execution of technical validations under the guidance of the Senior Governance Team Manager. The technical validations focus on areas such as access management, change management, backup and archival, and data management.

W hat you’ll do:

  • Drive execution of technical validations across all business units and models, reviewing technical controls including, but not limited to, in the following areas aligning scope of technical validations with industry best practice and with other technical teams at the firm

  • Access management and control

  • Technical implementation and change management

  • Backup and archival of process and data

  • Data quality and data management

  • Identifying issues and working with model owners on building applicable and effective solutions

  • As needed, participate in other model governance related activities

What you have:

The ideal candidate will be a self-starter with a proven ability to work in an IT auditing/validation environment. The candidate also has a clear focus on robust documentation, iterative testing, and the ability to present issues and action plans to stakeholders and gain buy-in. Specifically, you will have:

  • Bachelor’s degree

  • Master’s degree or equivalent work experience highly preferred

  • Experience in an audit, compliance, or control validation environment

  • At least 4 years experience in building, validating, or auditing technical systems

  • High attention to detail

  • Ability to create robust documentation (technical and non-technical)

  • Sharp critical thinking and problem solving skills

  • Ability to drive work independently

  • Highly comfortable working in a fast-paced, technologically-advanced environment

What you’ll get:

  • Comprehensive Compensation and Benefits package

  • Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts

  • Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program

  • Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions

  • Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships

  • Not just a job, but a career, with an opportunity to do the best work of your life

Learn more about Life@Schwab at" .

Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at 800-725-3535. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab's hiring decisions. All other submissions should be performed online.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: None

Relevant Work Experience: Risk Analysis

Position Located In: IL - Chicago

Education: BA/BS

Job Type: Full Time

Category:Risk Management

Activation Date: Thursday, March 8, 2018

Expiration Date: Saturday, April 21, 2018

Apply Here