Senior Team Manager, IT Audits and SOX 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.

The Sarbanes-Oxley Compliance Office (SCO) performs risk assessment, scoping, testing, concluding, and results reporting for the annual assessments of management’s Internal Control over Financial Reporting (ICFR) for SOX and FDICIA, and for the annual assessment of management’s Internal Control over Compliance (ICOC) for SEA Rule 17a-5. The SCO supports Schwab’s mission by assessing controls addressing the completeness and accuracy of Schwab’s financial reporting, and Schwab’s financial reporting is used to secure capital so the company can meet the needs of our clients. In addition, the SCO assesses ICOC addressing the protection of client assets, which gives clients comfort to invest their assets with Schwab.

The SCO is looking for a Senior Team Manager to support the Information Technology (IT) portions of the ICFR and ICOC Assessments. This Senior Team Manager will be responsible for the portions of the assessments that they are assigned to prepare and review, and this position reports to a Director, Audits and SOX Compliance. This Senior Team Manager has up to three direct reports. This position is located in Lone Tree, Colorado, and candidates must be within commuting distance of the Schwab location within a reasonable period after starting in the role to enable participation in Schwab’s Hybrid Work and Flexibility Program.

What you will do:

• Gain exposure to broker-dealer, bank, and corporate processes through robust risk assessments, varied ongoing control testing, and unique project assessments

• Determine a risk-based approach to the IT and Business Process (BP) portions of Schwab’s annual ICFR and ICOC assessments by seeking and applying understanding of Schwab’s risks and controls

• Coordinate with Schwab’s external auditor to facilitate their reliance on the SCO’s work where practical

• Collaborate with the SCO’s BP and integrated control teammates, management, Schwab’s external auditor, and other Schwab testing programs to enhance Schwab’s control environment

• Support overall team administration, including interviewing, scheduling, evaluating performance, leading project assessments, and preparing results reporting

• Lead, review, and occasionally prepare assigned assessment portions, including documenting high-quality work in accordance with team policies, standards, and procedures

• Partner with management to determine how to remediate identified issues and perform deficiency severity evaluations

• Provide more junior team members with education, coaching, and feedback, and monitor their testing progress

• Develop direct report talent and support their engagement and career needs

• Encourage, participate in, and develop a high performing, engaged, and positive team environment

• Grow your career on a supportive team that holds weekly supervisor one-on-ones, regular skip-level one-on-ones, and triannual formal feedback conversations

• Improve and innovate the SCO’s assessment and operational approaches, including the use of artificial intelligence, automation, and data visualization tools

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 Qualifications

• Bachelor’s degree in Accounting, Internal Audit, Information Systems, or Information Technology required

• Six or more years of related work experience in IT controls-based testing required with SOX and Big 4 public accounting experience preferred

• Active CPA license, CISA certification, or CIA certification required within one year of starting

• Detailed knowledge of SOX requirements or the Financial Responsibility Rule requirements

• Demonstrated ability to develop talent

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