Charles Schwab Managing Director- Product Compliance in Westlake, Texas


Westlake - TX, TX2050R, 2050 Roanoke Road, 76262-9616

Debra Andrea Mandell


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:

Compliance is a team dedicated to achieving Schwab's strategic priorities, protecting our customers, employees and the Schwab brand from risk, and advocating for regulatory and legislative reforms to support and expand our business. The Product Compliance team is primarily focused on defining and measuring the risk within Schwab’s various regulatory entities in addition to providing Compliance support to Schwab’s Retail Brokerage product offerings.

What you’ll do:

Our Product Compliance Team is looking for a Director to provide regulatory guidance to the third party platform businesses, including alternative investments, 529, mutual funds, and ETFs. The Director will support issues related to custody, valuation, risk management and monitoring, and product platform development and maintenance. Business support may also include other complex products including variable and fixed annuities and structured products.

This individual will:

  • Provide advice on enhancements to desktop and supervisory policies, procedures and controls, guidance on new products and/or services;

  • Advise business partners on changes in the regulatory environment;

  • Participate in regulatory projects;

  • Participate in the annual Compliance Risk Assessment process in accordance with corporate standards;

  • Advise business partners on Compliance risk in their Risk and Control Self Assessments (RCSA);

  • Develop and maintain strong working relationships with business partners and colleagues within Legal, Compliance and other areas of Corporate Risk Management;

  • Execute other duties as assigned.

What you have:

The successful candidate will have:

  • At least 10 years industry experience, preferably at a broker-dealer or investment adviser, with 5-7 years in a compliance, control, or risk management role;

  • Bachelor’s degree;

  • Proficiency in Microsoft Office Programs (Word, PowerPoint, Excel);

  • Solid understanding of alternative investments including hedge funds, private real estate funds, registered non-traded funds (including REITs and BDCs), and private stock;

  • Strong working knowledge of SEC and FINRA Rules applicable to alternative investments and mutual funds, including but not limited to: Investment Company Act of 1940, Securities Act of 1933, (emphasis on Regulation D), Securities Exchange Act of 1934, Investment Advisers Act of 1940, FINRA rules 2310, 2340, 2341, and 5123

  • Knowledge of regulatory requirements and industry practices related to custody of alternative investments, including possession or control and valuation;

  • Strong interpersonal, influencing and facilitation skills;

  • Excellent time management, and strong oral and written communication skills;

  • Demonstrated experience working independently and prioritizing multiple projects based on regulatory risk and business needs;

  • Series 7, 63, and 24 licenses preferred;

  • Advanced degree or professional certifications such as the CAIA a plus.

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: Financial Services-6+ yrs, Regulatory, Risk Analysis, Brokerage Operations-6+ yrs, Compliance

Position Located In: IL - Chicago, AZ - Phoenix, TX - Westlake

Education: BA/BS

Job Type: Full Time


Activation Date: Thursday, April 26, 2018

Expiration Date: Friday, June 1, 2018

Apply Here