Manager, AI & Data Science

Full time

Employment Information

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.

As a Manager (AI & Data Science) you will be part of the Deposit Modeling and Analytics team within the Treasury & Capital Market department. The Deposit Modeling and Analytics team is responsible for data-driven deposit analytics, developing models for deposit forecasting and pricing, and generating deposit forecasts on a recurring cadence.

This role will give you the opportunity to analyze large scale and complex datasets. You are not afraid to get your hands dirty: sorting out data issues, organizing datasets, using your math/stats skills to generate insights, developing new models, improving the efficacy of existing models, and solving problems is what you love to do. With your strong programming skills, you will find scalable and robust solutions to automate and visualize our analytics. In all these endeavors, you will cooperate closely with your team and other stakeholders to achieve the best possible outcome.

As a member of this team, you will contribute critical insights that directly influence senior management decisions. If this sounds exciting to you, we look forward to receiving your application.

What you have

  • Bachelor’s degree with a strong quantitative component (Applied Math, Statistics, Economics, Physics, Financial Engineering), a graduate degree is a plus (Master/Ph.D.)
  • Ability to develop new models, improve efficacy of existing models and rigorously test them.
  • Minimum of 3 years previous modelling/analytics work experience in a financial company
  • Solid understanding of statistical concepts and practical experience using statistical techniques to extract insights from large datasets
  • Strong programming skills in a modern programming language (e.g., Python, C++)
  • Advanced experience in extracting data from relational databases (e.g., via SQL)
  • Strong work ethic, high self-motivation, proactive approach, and attention to detail
  • Strong communication and inter-personal skills
  • Collaborative team-player
  • Advanced skills in Excel and PowerPoint

What you’ll do:

  • Develop robust models which measure the market risk in financial projections associated with a diverse set of deposit products across the balance sheet.
  • Support Balance Sheet and Product teams by enhancing existing and developing new reporting and analytical capabilities that describe the deposit portfolios.
  • Contribute to the future state of model development infrastructure and data patterns toward advancing AI/ML capabilities.
  • Leverage industry opportunities to expand the organization’s capabilities in data science, engineering, and modeling techniques.
  • In addition to the salary range, this position is also eligible for bonus or incentive opportunities

What’s in it for you

At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll 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

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