Senior Manager, Compliance Risk Testing – Broker-Dealer/Investment Advisory

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.

In Compliance, we help our business partners achieve their strategic priorities by promoting principles and practices that build client trust and safeguard the integrity of the firm. The department performs an advisory, monitoring, testing, and education role to support management’s supervisory responsibility and its efforts to achieve compliance with financial services rules and regulations, and policies of the Company.

We are currently offering the opportunity for a dynamic and engaging compliance professional to join the team as a Senior Manager to conduct risk-based compliance testing within our Broker-Dealer and Investment Adviser programs. Though this is an Individual Contributor position, the Senior Manager will be able to make a broad impact as they conduct testing to evaluate the effectiveness and adequacy of certain internal controls, policies, procedures, and systems designed to achieve and/or monitor compliance with applicable regulatory requirements. The Senior Manager is expected to make recommendations to enhance and refine the testing program and will remain current on regulatory developments, enterprise-wide policies, and procedures, as well as develop and foster strong partnerships across Compliance, Legal, Corporate Risk Management, and with business partners.

What you have

Required Qualifications:

• Minimum of 8 years of experience within financial services with a general understanding of broker-dealer, financial holding company, bank, and investment advisory businesses, as well as testing standards/methodologies
• 5 years of experience in a Regulatory Testing/Examiner/Audit role
• Understanding of SEC, FINRA, FRB, OCC, Privacy and Anti-Money Laundering rules and regulations
• Understanding and experience with Microsoft suite of applications (Word, Excel, Power Point)

Preferred Qualifications

• Bachelor’s degree or equivalent experience
• Familiarity with the execution of Second Line of Defense compliance testing including compliance risk management principles
• Ability to independently identify opportunities for improvement and enhance overall Compliance programs
• Sound judgment to influence a strong risk management culture across business practices
• Strategic thinking skills
• Excellent attention to detail and the ability to work independently
• Mastery of appropriate interpersonal styles and ability to communicate effectively, both orally and in writing, with all levels within the enterprise
• Strong time management, organization, and prioritization skills; ability to complete multiple concurrent tasks within close deadlines with a high degree of accuracy and detail
• Professional licensing and/or compliance certifications (e.g. FINRA Series 7, 66, Investment Adviser Representative, CRCP and CAMS)
• Strong analytical thinking skills
• The ability to develop, maintain, and strengthen partnerships and work collaboratively with others inside or outside of the organization
• Flexibility and openness to different and new ways of doing things