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. 

Advisor Services (AS) is the leading provider of custodial, trading, technology and practice management to registered independent advisory firms. We provide access to sophisticated wealth-management services that help advisors attract and retain affluent clients, as well as profitably grow, compete and succeed in their business efforts.

The Advisor Services Risk and Supervision Management (RSM) team’s purpose is to monitor and mitigate risk while providing AS with innovative services that support their growth.  We conduct reviews and research in an effort to identify risk and control gaps as part of the firm’s risk control framework.  RSM is committed to supporting several departments within AS and maintaining an active leadership role in identifying, developing, and representing the organization in key initiatives.

We are looking for an analytical self-starter who will perform comprehensive reviews of operational items and exception reports while implementing corrective actions based on findings.  The analyst will conduct due diligence reviews as prompted by internal surveillance systems and will participate in the enhanced review, monitoring and testing of data as requested. The role entails conducting case investigations when warranted by researching, collecting and documenting all necessary evidence. The composition of high level investigative reports and presentation of findings to management and peers may be required from time to time.  As part of the investigative process the RSM analyst will identify risk and control gaps and propose updates to guidelines and procedures as necessary.

What you have

• Bachelor’s degree or equivalent experience
• 3-5 years of financial services industry experience (brokerage preferred) 
• Series 7, 9/10 and 63 registrations preferred (or series 24, 4 and 53)
• The ideal candidate will possess an understanding and knowledge of policies and processes governing various departments within AS Advisor Custody & Trading (ACT)
• Professional experience working in a fraud, compliance or risk environment of the financial services industry is a plus
• Strong analytical, research and interpersonal skills
• Proficiency in MS Office such as Excel, PowerPoint and Access
• Strong attention to detail and documentation skills
• Strong organizational and time management skills with ability to work on multiple assignments and complete them within established deadlines
• Ability to prioritize effectively in a fast paced environment and function in a professional manner under pressure
• Ability to identify and solve complex issues in a team environment working with various levels of management and business partners
• Ability to adapt to changing business needs
• Positive attitude, enthusiasm, professionalism and strong work ethic with high level of integrity and ethics
• Demonstrated Leadership ability