What are the responsibilities and job description for the Senior Model Governance Specialist position at Charles Schwab?
About the Role
This position requires a strong understanding of statistical concepts and predictive modeling fields. The candidate will contribute to the Corporate Internal Audit team and work effectively with other quantitative analysts.
Responsibilities:
- Audit Execution: Assist with performing audit reviews of model development and validations following guidelines based on SR 11-7 Guidance on Model Risk Management.
- Issues Identification: Identify and draft audit observations for review by the Internal Audit Manager/Senior Manager.
- Risk Assessment: Participate in the annual Risk Assessment process, including scheduling and participation in meetings with partners.
