Sr. Manager, Compliance (PL)

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(s).

The Compliance Risk AssessmentSr. Team Manageris responsible forleading a team covering Schwab’slegal entities, providing strategic direction and leadership as the program continues to evolve and expand. TheSr. Team Manager’s team will monitor, assess, and report on changes regarding the levels of compliance risk as emphasized by regulators including, but not limited to: the Federal Reserve Bank (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Texas Department of Savings and Mortgage Lending (TDSML), Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Futures Commission (Hong Kong), Financial Conduct Authority (United Kingdom), and Monetary Authority of Singapore. TheSr. Team Managerwill be a member of the Compliance Risk Assessment leadership team,assistingwith the development of the strategic vision as well asprovidesupport for team engagement.

Responsibilities include:

• Leading a team of risk assessment staff to ensure Compliance Risk Assessmentsare completedaccurately,completely, andin a timely mannerandin accordance withDepartment standards, procedures, andmethodology.

• Cultivating relationships with Compliance Leadership and key stakeholders across Corporate RiskManagement and the Business, and to partner, communicate, and report compliance risk assessmentmethodologyand results.

• Communicating compliance risk assessmentstrategy,resultsand recommendations to various Companyrisk governance committees.

• Maintaining a strong working knowledge of federal and state laws, regulations, and guidance (includingdevelopments and emerging risks) applicable to the firm’s areas of business.

• Identifyingtrends in risk assessments, includingmethodologyand practices, toidentifyand communicateareas for continuous improvement and evolution.

• Communicating team priorities andobjectives, supporting team in execution of risk assessments, andadvancing items to the Head of Compliance Risk Assessment and leadership team, whereappropriate.

• Working on various compliance related projects within the Department as needed.

What you have

RequiredQualifications:

• BS/BA degree or equivalent work experience in regulatory compliance 

• 10+ yearsor more of experience in the financial services industry with at least 5 years or more experience in Compliance

• Experience leadingprojects and/or acting as Coordinator for a group of Compliance Risk Assessments

• Strong knowledge and understanding of regulatory expectations,interpreting regulatory guidance, and assessingrisk

• Ability to think critically about compliance risk includingvarious factorsor inputs as well as the results.

• Ability toexhibitexecutive presence and leadership for the Compliance Risk Assessmentteam

• Ability to work on multiple projects, prioritize activities, and meet deadlines. 

• Strong ability to effectively communicate/clearly articulate risks andmethodology, including changes, toleadership and key stakeholders. 

• Courage to effectively challenge SMEs, teammates, and senior leadership to help improve the Compliance Risk Assessment data and process. 

PreferredQualifications:

• Experience leadingdirect reports and/orpeers

• Strongproficiencyin Microsoft Office Programs (Word, PowerPoint, and Excel) and SharePoint as well asMyGRC.

• Ability to read and analyzelarge quantitiesof reports/ data and pinpoint and summarize meaningful trends and material components in a concise summary. 

• Strongattention to detail,i.e.complex excel spreadsheets with multiple worksheets and formulas.

• A good understanding ofhorizontal/programmatic risks includingconflict of interest expectationsand consumer protection requirements (e.g., Fair Lending,Unfair or Deceptive Acts or Practices).

• Professional certification(s): including Certified Regulatory Compliance Manager (CRCM), Certified Securities Compliance Professional (CSCP), Certified Internal Auditor (CIA), or Certified Risk Professional (CRP).

• Series 7/63 and/or Series 9/10

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