Charles Schwab Sr Compliance Officer – Enterprise Compliance Program in New York, New York


New York - NY, NY1133AV, 1133 Avenue of the Americas, 10036

Pamela Ferrell


We believe that , when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck at over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Our Opportunity:

Corporate Compliance Risk Management (“CCRM”) is a firm-wide compliance program established to manage compliance risks across The Charles Schwab Corporation and its subsidiaries. Within CCRM, the Enterprise Compliance team is responsible for establishing and maintaining a compliance program to assess, monitor, and report on a variety of enterprise-wide risks that extend beyond the mandates of existing core Compliance programs.

What you’ll do:

Our Corporate Compliance Program is looking for a Senior Manager to support its growing responsibilities.

The Senior Manager will report to the Managing Director- Specialty Compliance and will implement new processes to assess, monitor, and report on regulatory compliance risks arising from areas with enterprise-wide scope that do not fall under existing compliance programs, including areas such as firm-wide conflicts of interest, third-party service providers, and others. You will work collaboratively with other multiple risk and compliance partners, particularly in the areas of operational risk and first line staff to implement a sustainable compliance program for coordinating and managing compliance risks at an enterprise-wide level.

As a Senior Manager, your responsibilities may include, but will not be limited to, the following activities:

  • Assessing existing control processes against regulatory requirements and expectations of prudential regulators relating to enterprise-wide compliance risks

  • Collaborating with other compliance and risk subject matter experts so that enterprise-wide compliance risks are included in risk assessments performed by those functions, and working to continually enhance the firm’s Compliance Risk Assessment framework and methodology

  • Assisting the Managing Director with the creation of an annual enterprise-wide Compliance Risk Assessment Report that aggregates and calibrates the risk assessment results of multiple compliance and other second-line of defense risk assessments

  • Providing subject matter expertise and advice on regulatory guidance pertinent to enterprise-wide and specialty area compliance risks

  • Liaising with other second line of defense and specialty areas to address compliance issues or events as they may arise, monitor action plans to address testing, audit, or regulatory exam issues, close self-identified compliance gaps and/or drive other initiatives / projects

  • Creating / coordinating periodic reporting of enterprise-wide compliance risks relating to specialized areas / second line of defense compliance oversight functions, and preparing presentations and other materials for senior executive and board level audiences

  • Interfacing with regulators, responding to regulatory inquiries, and preparing materials to be presented to regulators

  • Working with other subject matter experts to create a firm-wide Conflicts of Interest Inventory and maintaining the inventory once built

  • Working with relevant subject matter experts to further develop quantitative risk metrics for various purposes including risk assessment data and management reporting

  • Assessing due diligence questionnaires to determine nature and level of compliance risks of key vendors, coordinating / performing periodic vendor due diligence reviews in collaboration with other risk and compliance partners, tracking and monitoring resolution of compliance issues arising at third parties, providing advice and guidance to the business and others on compliance risks associated with prospective third parties, and participation on committees and other groups relating to third party risks

What you have:

  • A minimum of 8 years in financial services, with direct experience working in a compliance or other risk function (e.g. enterprise risk, operational risk, credit risk, market risk), finance, legal, or internal audit

  • Experience working with compliance risks that transcend business lines, legal entities and jurisdictions of operations and familiarity with regulatory requirements and expectations of prudential regulators (FRB, OCC), particularly with respect to bank holding companies

  • Familiarity with the products and services offered by broker-dealer, investment advisors, and/or banking institutions

  • Excellent written and oral communication skills

  • Ability to build relationships and establish trust, respect, and confidence

  • Proven ability to identify and solve complex issues in a team environment working with various levels of management and business partners while being disciplined in the use of project management principles

  • Fully proficient in the use of Microsoft Office and SharePoint including Word, PowerPoint, and Excel

  • BA/BS degree required

  • Strong preference for one or more of the following:

  • Experience in Bank Holding Company / Intermediate Holding Company Compliance

  • Experience working in Operational Risk, Credit Risk, Market Risk, Treasury, or in Internal Audit covering such functions

What you’ll get:

  • Comprehensive Compensation and Benefits package

  • Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts

  • Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program

  • Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions

  • Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships

  • Not just a job, but a career, with an opportunity to do the best work of your life

Learn more about Life@Schwab at" .

Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at 800-725-3535. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab's hiring decisions. All other submissions should be performed online.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: None

Relevant Work Experience: Internal Audit, Risk Analysis, Compliance

Position Located In: NY - New York

Education: BA/BS

Job Type: Full Time

Category:Risk Management

Activation Date: Wednesday, April 25, 2018

Expiration Date: Friday, June 1, 2018

Apply Here