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Charles Schwab

Data Scientist

Charles Schwab, Westlake, Texas, United States


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.

Are you all about leveraging data to provide customers better products and grow business? We are looking for qualified candidates to design and implement scalable machine learning solutions for dynamic financial products, deliver business insights from unstructured data with clear narratives and creative visualizations, and partner closely with the data infrastructure and platform teams to develop tools and automation. We have a large and diverse set of data, sourced from our extensive client base and huge volume of transactions across multiple channels. This is a great opportunity to apply your craft as a data scientist while working directly with business partners to drive data-driven solutions.

Schwab's Schwab Data Science team is a hard-working, fun team of 40+ that supports multiple business units across the firm with quantitative-based decision support. Our mission is to help our business partners better understand the needs and behaviors of our prospects and clients through data science, analytics, and business intelligence.

What you'll do

The Data Scientist will work collaboratively with a team of data scientists, analytics leads, engineers, and product owners throughout a project lifecycle, including data extraction and preparation, feature engineering, model design and development and everything in between– this is a role that will requires hands on expertise to create value adding solutions that solve real business problems.

This role supports multiple business units across the Schwab enterprise.

Get hands-on with big data as you hack through complex and messy data, and analyze it leveraging the latest algorithms and state-of-the-art techniques and tools

Develop marketing mix model to measure channel efficiency and optimize marketing budget allocation

Use open-source tools and platforms like Anaconda Enterprise, Python, R and SAS to apply algorithms and analytic models to big data problems

Develop automated and algorithmic approaches to analyzing data and powering data products and predictions

Work closely with business stakeholders to understand their needs, articulate how data science can help achieve objectives, and deliver regular updates

Collaborate with Data Science Engineers to operationalize models

What you bring

Statistical Methodology: Knowledge of advanced techniques and concepts (regression, properties of distributions, time series analysis and modeling, statistical tests and proper usage, etc.)

Machine Learning: Knowledge of and experience with designing and implementing algorithms (Gradient Boosting Trees, GLM/Regression, Random Forest, Neural Networks, etc.), and the ability to articulate their real-world advantages and drawbacks

Data Mining & Machine Learning: Knowledge and experience in advanced data mining & modeling techniques (GLM/Regression, K-Means Clustering, Decision Trees, Random Forest, GNBC, NLP, AI, Social Network Analysis, etc.), and the ability to articulate their suitability for a given challenge

Business acumen: Understanding the bigger picture for customers and the business and the know how to probe beyond stakeholders’ stated requests to understand what is truly needed to capture and drive business value

What you have

Required Qualifications:

Graduate degree in a quantitative field (eg. Statistics, Mathematics, Computer Science, Engineering, Physics, Operations Research, etc.)

2+ years’ of experience in delivering data science/analytics solutions

2+ years experience in Python, data engineering, analytics role

Software engineering and code versioning skills

Data visualization experience

Preferred Qualifications:

Proactive, critical thinker, bias to action and a go-getter attitude

Experience with time series modeling

Experience with Bayesian statistics and modeling

Experience with marketing mix modeling techniques

Experience with optimization techniques

Enthusiastic quick learner who loves to code

Experience with Dataiku/Google Cloud Product and Big Query

Experience in financial services industry

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

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

Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at applicantaccessibility@schwab.com or call 800-275-1281.