Sr Manager, Business Unit Risk

Your Opportunity

Schwab remains committed to providing increased visibility to career growth opportunities and job requirements. This posting announcement is part of increased transparency and while all qualified applicants will be reviewed and considered, this organization has a preferred candidate identified for this role.

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.

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location.

International Services is a diverse and multi-faceted organization. We not only support retail clients around the world but also a variety of internal partners and domestic clients through governance, subject matter expertise, translation capabilities and global product management. The Schwab International team is a business unit dedicated to empowering investors who reside inside and outside of the United States with the tools to trade globally. International Services provides trading and service support for non-U.S. based clients who are both U.S. citizens and non-U.S. citizens.

Within International Services, the Global Governance and Risk (“GGR”) team provides leadership and strategic support for policy, governance and risk & control management, and partners closely with organizations across the three lines of defense to effectively manage risk as we help investors around the globe harness the security and prosperity of the US market. As a 1st Line of Defense Risk Management Team, GGR is responsible for the design, maintenance, and maturation of International’s risk management and governance infrastructure that safeguards the Firm while enabling International’s key strategic and regulatory initiatives.

We are seeking risk management professional with a strong interest in Schwab’s International business to join our Global Governance & Risk team as a Sr. Manager. This role will report to the Director of International Policy & Risk Programs.

This Sr. Manager role is accountable for ensuring International’s key risks are appropriately identified, assessed, mitigated, and monitored through the design, implementation, and ongoing evaluation of effective controls. Working closely with business process owners and risk partners, the position helps maintain a strong and resilient control environment that supports regulatory obligations, audit readiness, and internal policy expectations. The role provides leadership across a broad and evolving portfolio, including risk identification and assessment, controls management and governance, issue management, regulatory change implementation, testing and assurance engagement across all three lines of defense, and conflict of interest governance.

Success in this role requires the ability to build and sustain strong, trusted partnerships across the business and with first, second, and third-line stakeholders, including Compliance, Legal, Operational Risk, Internal Audit, and independent testing functions. Through these relationships, the role drives alignment, transparency, accountability, and effective risk management outcomes while influencing business strategy and decision-making. Additionally, this role is expected to continuously evolve risk management programs and team capabilities through AI fluency and the responsible adoption of AI-enabled tools and technologies, leveraging data-driven insights, automation, and scalable solutions.

Given the global nature of the International business, this role operates in a fast-paced environment that often requires responsiveness to emerging risks, regulatory developments, and business priorities. Collaboration with international affiliates and partners across Europe and Asia may necessitate occasional early morning or evening meetings to support global initiatives and time-sensitive deliverables.

What you are good at – Key Responsibilities

Risk & Control Self-Assessment (RCSA) Oversight

• Lead the International (INTL) Risk & Control Self-Assessment (RCSA) program, accountable for the myGRC ecosystem, ensuring alignment with enterprise risk management standards, methodologies, and governance requirements.
• Ensure risks, controls, and assessments accurately reflect changes in the business, operational, regulatory, and compliance environment.
• Partner with business leaders and control owners to strengthen risk awareness, consult on control design strategies, and drive proactive risk management.

Risk Relationship Management

• Serve as a trusted risk advisor to business leaders, control owners, and issue owners by providing risk insights, effective challenge, and actionable recommendations.
• Build strong partnerships across the International and broader Retail organization to identify emerging risks, control gaps, interdependencies, and opportunities for improvement.
• Promote a culture of accountability, operational excellence, and sound risk management practices.

Issue Management Leadership & Governance

• Oversee the end-to-end issue management lifecycle, including identification, root cause analysis, remediation, validation, closure, and sustainability monitoring.
• Ensure issues are remediated in accordance with firm standards, established timelines, and regulatory expectations.
• Drive accountability for corrective actions, monitor remediation progress, and escalate risks or execution challenges as appropriate.
• Evaluate remediation effectiveness to ensure sustainable resolution of underlying root causes.

Risk Governance, Reporting & Committee Leadership

• Lead governance and reporting activities supporting the International Risk Committee and related oversight forums.
• Develop and deliver executive-level reporting on risks, controls, issues, emerging risks, and key risk indicators.
• Provide meaningful analysis and insights to support informed decision-making, transparency, and effective risk oversight.
• Coordinate committee materials, agendas, and governance documentation to ensure effective oversight and audit readiness.

Risk Testing & Assurance Partnership

• Lead engagement with testing, assurance, audit, and second-line risk partners across risk and control testing activities.
• Ensure business readiness for testing through proactive coordination, stakeholder engagement, and timely issue resolution.
• Monitor testing results, identify systemic control themes, and drive remediation of control deficiencies.
• Partner with stakeholders to continuously strengthen the control environment and enhance testing outcomes.

Risk Initiatives & Projects

• Lead special projects and strategic initiatives that advance International Services risk, governance, and business objectives.
• Drive cross-functional efforts to address emerging risks, regulatory changes, and business priorities.
• Serve as a strategic resource for high-priority initiatives, business transformations, and emerging opportunities.

What you have

To ensure that we have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.

Required:

• 4-8 years of experience in risk management, supervision, internal controls, audit, governance and/or control-focused roles within financial services, preferably with exposure to International business
• Bachelor’s degree in business, finance, accounting, risk management, or related field
• Professional certifications (CRMA, CIA, CPA, CISA, or similar) a plus
• Series 7, 63, and/or 9/10 licenses are preferred, but not required

Preferred:

• Proficient in CoPilot, Excel, PowerPoint, and various other system & database tools and solutions including the suite of Microsoft applications.
• Demonstrated knowledge & expertise in applying Schwab's Risk Management Framework and related policies, standards, procedures, and regulatory risk principles.
• Open to new approaches, adaptable to change, and maintains a positive outlook during transitions and change.
• Strong relationship management skills (negotiating, collaborating, influencing).
• Strong problem-solving and analytical skills; ability to bridge technical systems with risk needs
• High attention to detail and documentation
• Knowledge of risk and control tools/systems
• Comfortability with technical control design and logic
• Ability to articulate process improvements in a structured, scalable, and risk-aligned way

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.