Manager, Compliance Risk Assessment

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.

In Compliance, We Help Our Business Partners Achieve Their Strategic Priorities By Promoting Principles And Practices That Build Client Trust And Safeguard The Integrity Of The Firm. Compliance Risk Assessments Helps Compliance To Prioritize And Focus Resources Towards Remediation Of Identified Weaknesses, Input To Support Testing And Monitoring, And Provide Regulatory Awareness. The Broader Compliance Organization Will Rely On The Compliance Risk Assessment Manager To Execute And Manage Compliance Risk Assessments To Determine Areas That Present The Most Significant Compliance Risk To Either

• Schwab’s investment advisers including Schwab Wealth Advisory, Inc., CS&Co Investment Advisory, Charles Schwab Investment Management, Inc. (CSIM), and Schwab Funds/Schwab ETFs consistent with the Investment Advisers Act of 1940 and/or the Investment Company Act of 1940 while maintaining an enterprise-wide view of compliance risks, or
• Charles Schwab &Co., Inc., consistent with the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), while maintaining an enterprise-wide view of compliance risks.
  
  

As an individual contributor, the Manager coordinates with a supervisor and/or coordinator to plan and execute compliance risk assessments to identify, evaluate, rate and report regulatory risk. A significant part of this role will be preparing risk assessment reports and presenting findings to key stakeholders, therefore maintaining a strong working knowledge of regulations applicable to investment advisers (IAs) and/or broker-dealers is critical. The role requires strong partnership with Subject Matter Experts to facilitate meetings and discuss key and emerging risks. There will be moderate visibility in this role as the Manager may assist with the preparation of standard and special purpose reports designed to provide applicable Risk Committees, key stakeholders, Business Units with the background analysis and results of the Compliance Risk Assessments.

What you have

Required Qualifications

• BS/BA degree or equivalent work experience in regulatory compliance matters impacting investment advisers and/or broker-dealers.
• 2 years of compliance experience.
• Experience reading and analyzing large quantities of reports/data and pinpointing and summarizing meaningful trends and material components in a concise summary.
• Experience identifying and assessing regulatory risk and risk mitigation/controls.
  
  

Preferred Qualifications

• Strong attention to detail.
• Ability to work independently.
• Ability to prioritize activities and meet deadlines.
• Strong knowledge and understanding regulatory expectations, interpreting regulatory guidance, and assessing risk.
• Strong written and verbal communication skills, including the ability to clearly articulate risks to key stakeholders, independently prioritize multiple priorities and changes in scope.
• Ability to think critically about Compliance Risk Assessments inputs and results.
• Ability to work collaboratively with department teammates and subject matter experts to maintain accurate information within the risk assessments.
• Courage to effectively challenge SMEs, teammates, and senior leadership to help improve the Compliance Risk Assessment data and process.
• 2 or more years of experience with investment advisory and/or broker-dealers, rules and regulations.
• A good understanding of fiduciary and conflict of interest expectations.
• Professional license(s): Series 66, Series 65, Series 7, Series 63, Series 9/10, and/or Series 24
• Professional certification(s): Investment Advisor Certified Compliance Professional (IACCP), Certified Regulatory Compliance Manager (CRCM), Certified Securities Compliance Professional (CSCP), Certified Internal Auditor (CIA), or Certified Risk Professional (CRP).
• SharePoint experience.
  
  

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you – both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance