Senior Manager, Internal Audit (PL)

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.

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 Internal Audit Department (IAD) of The Charles Schwab Corporation provides independent and objective assessments to figure out whether all significant risks are identified and appropriately reported by management and risk functions to the Board and Executive Management, to evaluate whether risks are adequately controlled, and to challenge Executive Management to improve the efficiency of governance processes, risk management, and internal controls.

 The Corporate enterprise team is seeking a Senior Audit Manager (People Leader). The Corporate team is responsible for execution of audits over the firm’s corporate and risk management functions. Corporate audits cover areas such as marketing, finance, treasury, accounting, vendor management, and human resources. Risk Management audits cover areas such as compliance, credit, liquidity, interest rates, and operational risk management. The team also performs testing to confirm remediation of audit issues and regulatory issues.

This role will have primary focus on capital, liquidity risk, interest rate risk (market risk), and balance sheet management, including portfolio and hedging activities, and will support audit coverage across both first-line (Treasury) and second-line (Financial Risk Management) functions. 

Reporting to the Director of the Corporate enterprise team, the Senior Audit Manager will have responsibility for the independent and objective assurance activity designed to improve the organization’s operations and compliance with key regulations by evaluating and improving the efficiency of risk management, control, and governance processes. This position is also responsible for working with auditing resources provided by an external co-sourcing provider and managing direct reports, including responsibility for their annual reviews and development.

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

• 8+ years of financial services-related audit experience with increasing responsibility. Risk Management, Corporate Functions and/or Treasury experience specific to internal audit and/or similar Big 4 Accounting or regulatory experience a plus.
• Demonstrated experience leading internal audits and their associated team members, amongst a complex operational and regulatory environment
• Ability to lead a project team and cultivate a strong working relationship with external co-sourcing provider, regulators, and internal lines of businesses.
• CAMS certification required. CPA, CIA, or CISA strongly preferred. Other relevant certifications will be considered.
• Clear understanding of regulatory expectations in the execution of audit work, issue validation, MRA validation, and the response to regulatory inquiries.
• Strong understanding of risks and internal controls and the ability to evaluate and figure out adequacy and effectiveness of controls.
• Stays current on industry and regulatory issues and standard methodologies; imparts this knowledge to the team and the auditees.
• Excellent analytical skills, including the ability to anticipate issues and to design appropriate solutions.
• Strong verbal and written communication skills with a shown ability to articulate effectively and professionally.
• Uses relationships and insights to successfully influence others. Builds authentic and trusted relationships to create alignment and support.
• Bachelor’s degree required.
• Ability to travel 15-20%

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