Charles Schwab Senior Data Scientist/Developer in Chicago, Illinois


Chicago - IL, IL150SW, 150 S Wacker Dr, 60606-4111

Pamela Ferrell


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 Financial Crimes Risk Management (FCRM) department assists in the assessment of Anti Money Laundering (AML) Compliance and Fraud risk presented to our business and the affirmative commitment to comply with laws and regulations governing money laundering, fraud and other financial crimes. A key objective of the organization is our ongoing commitment to the corporation’s abilities to meet regulatory obligations. Responsibilities of FCRM extend beyond the AML/Fraud program and include the Corporation’s Anti-Bribery and Identity Theft Program, Internal Investigations, and the safeguarding of customer and corporate assets against fraud and other financial crimes.

We are currently seeking a data scientist (at a senior manager level) who will assist the Director of the Financial Crimes -- Statistical, Technical and Analytics Team in enhancing current, and developing new systems and methodologies for detecting and reporting suspicious transactional activity, particularly with respect to artificial intelligence techniques.

What you’ll do:

  • Develop data mining procedures/applications to identify suspicious transactional activity

  • Assist in the development of new AML methodologies employing artificial intelligence techniques

  • Develop user interfaces for these procedures/applications

  • Assist in the development of tools to perform on-going modeling, testing, tracking, and reporting of various AML metrics

  • Identify opportunities to enhance existing alert generation and risk scoring processes

  • Create written procedures and documentation of various analytic processes

What you have:

  • At least 3 years of experience in data mining and analysis

  • Advanced skills in SQL, PL/SQL, and TOAD for Oracle

  • Experience in Teradata helpful

  • Strong knowledge of MS Access and other Microsoft Office products

  • Strong analytical and organizational skills with a demonstrated ability to successfully collaborate with technical teams and business partners

  • Self-motivated; willingness to learn additional skills and gain expertise in a wide variety of Compliance areas

  • Ability to work in a team as well as independently

  • High degree of autonomy

  • Excellent verbal, written, and interpersonal communication skills

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: IT-Other Specialty Engineering-6+ yrs, Risk Analysis

Position Located In: IL - Chicago

Education: HS/GED

Job Type: Full Time

Category:Risk Management

Activation Date: Thursday, May 3, 2018

Expiration Date: Sunday, June 10, 2018

Apply Here