Sr. Manager, Business Unit Risk, Product Governance

Your OpportunityAt 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.The Wealth and Product Risk & Governance team supports the Wealth Advisory, Banking & Trust Services business in understanding and executing its responsibilities across key risk programs. Within this organization, the Governance and Business Operations team strengthens governance practices through forums, metrics and reporting, product governance, and disclosure management.As Sr. Manager, Business Unit Risk, Product Governance, you will play a critical role in supporting Schwab Wealth Advisory and strategic initiatives designed to enhance capabilities and experiences for Ultra High Net Worth clients. You will guide product and offer teams through risk assessment and product review obligations across the pre-launch, launch, and post-implementation lifecycle, helping the business grow while managing risk thoughtfully and effectively.This is an opportunity to become a trusted advisor in product governance, influence risk-based decisions, and collaborate with business, risk, compliance, legal, and governance partners. You will join a team that leads with integrity and service, succeeds together as One Schwab, and empowers employees to own their tomorrow through meaningful work, continuous learning, and broad exposure to strategic initiatives.What you’ll doFacilitate risk assessment processes to identify, assess, and mitigate risks associated with product launches, modifications, and ongoing operations.Guide product and offer teams on risk identification, approval requirements, and governance considerations throughout the product lifecycle.Support the development of mitigants and metrics that address new or evolving risks associated with product launches or modifications.Engage partners across Wealth Advisory Risk & Governance to evaluate potential impacts to risk programs, including conflicts of interest, disclosures, policies, and supervision practices.Establish and maintain roadmaps and timelines for required approvals and governance forum appearances.Consult on and help prepare clear, decision-ready materials for governance forums.Serve as a subject matter expert and trusted advisor on the product review process, including pre-launch, launch, and post-launch obligations.Build strong partnerships with business leaders and stakeholders involved in the Product Review Process to support a collaborative and effective governance approach.Support product review reporting and governance updates for leadership.Help implement processes and practices that improve operational efficiency and strengthen the product review experience.Design and develop practical, business-guided resources for Wealth Advisory Services.Execute risk or regulatory projects, as needed, through partnership with internal stakeholders.Collaborate with cross-functional partners to improve the product review process and support other product- or governance-related initiatives.Location & Work Arrangement: This hybrid role requires four days per week in the office and one remote workday. This position is only available in Westlake (DFW), TX; Austin, TX; and Orlando, FL and candidates must reside in, or be willing to relocate on their own to one of the listed locations.Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.In addition to the salary range, this role is also eligible for bonus or incentive opportunities.What you haveTo ensure that we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have.Required qualifications:Bachelor’s degree or equivalent professional experience.5+ years of experience in product governance, risk management, or compliance, preferably within a diversified financial services environment.Experience applying enterprise risk frameworks and risk management practices related to risk identification, assessment, response, measurement, monitoring, and reporting.Experience facilitating product risk assessments and guiding stakeholders through governance or approval processes.Strong analytical and problem-solving skills, including the ability to identify risks, assess business impact, and recommend practical mitigation strategies.Experience preparing governance reports, risk assessments, and executive-level presentations.Strong written and verbal communication, facilitation, organization, and project management skills.Demonstrated ability to engage senior stakeholders and collaborate effectively across business, risk, compliance, legal, and governance teams.Preferred qualifications:Experience with risk identification, measurement, monitoring, and reporting for financial products and offers.Knowledge of regulatory developments affecting financial products.Understanding of product governance frameworks, industry standards, and best practices.Knowledge of retail, advisory, brokerage, banking, or trust products and services.Experience structuring and facilitating governance forums, developing agendas and content, tracking action items, and driving accountability and decisions.Ability to translate data into actionable insights using effective charts, graphs, and visual storytelling techniques.Proficiency with Microsoft Word, PowerPoint, Excel, and Outlook.Job SummaryRequisition ID: 2026-127991Posted Date: 1 day ago(10/22/2026 5:51 PM)Category: Risk & RegulatorySalary Range: USD $120,000.00 - $150,000.00 / YearApplication deadline: 10/30/2026Position Type: Full time