Specialist, Business Unit Risk

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 Advisor Risk Specialist will focus on conducting due diligence reviews for RIAs and investment advisors that custody business with Schwab. The due diligence reviews include reviewing Schwab company forms/agreements and disciplinary and financial history, opening and maintenance of master and sub-accounts, partnering with various business units to research and resolve escalated cases, and providing decision support for the AS Advisor Risk team while balancing risk and firm reputation.  This role will support the most complex due diligence responsibilities

In this role you will:

• Assist in the growth of our business by supporting internal and external customers 
• Conduct business with respect for sensitivity to risk matters and ability to act in a diplomatic way and build strong partnerships with internal business units 
• Base business decisions on a sound analysis of risk 
• Understand risk and be able to develop proper mitigation when appropriate 
• Encourage appropriate escalation and resolution of risk issues 
• Act in the best interest of customers, company, and shareholders. 
• Partner with internal departments such to evaluate risk and provide guidance to internal partners on complex situations 
• Participate in special projects and performs other duties as assigned 
• Exemplify the vision and values of Schwab 

What you have

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

 Required Qualifications: 

• Bachelor’s degree or equivalent experience 
• 1-2 years of financial services industry experience (brokerage preferred)   
• Thorough understanding and knowledge of the RIA industry as well as policies and procedures governing various departments within Advisor Services (AS), Advisor Custody & Trading (ACT) 
• Strong attention to detail, research, analytical, and critical-thinking skills 
• Ability to build relationships using respect, competence and confidence and establish trust with internal departments effectively  
• Ability to communicate at all levels with clarity and precision, both written and verbally  
• Proficiency with Microsoft suite of applications (Word, Excel, PowerPoint, Outlook, and Teams) 
• Positive attitude, enthusiasm, professionalism, and strong work ethic with high level of integrity and ethics 
• Strong organizational skills with ability to work on multiple assignments and complete them within established deadlines 

 Preferred Qualifications

• FINRA Series 7 preferred but not required 

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