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.
The First Line Risk Management Office (1RMO) is a centralized team of risk professionals supporting all Schwab First Line of Defense (1LOD) Business Units (BUs). 1RMO is responsible for establishing 1LOD governance guidelines to standardize processes, creating an efficient and scalable structure, and streamlining risk management activities across the 1LOD. 1RMO facilitates certain Risk Management Processes across the 1LOD, including Risk Identification & Assessment, Risk Response, Risk Measurement & Monitoring, and Risk Reporting & Escalation.
Within 1RMO, the Governance team is responsible for elevating and focusing governance practices across the 1LOD. Current key activities include Risk Governance, Policy Governance, Product Review Process, Senior & Vulnerable Engagement, and Communications, Conflicts and Disclosures Management.
Reporting to the Director of the 1RMO Governance team, the Senior Manager will support the 1LOD execution of the company-wide Conflicts and Disclosures Management Programs. This role is primarily focused on the Conflicts of Interest Program, with secondary responsibilities supporting the Disclosures Management Program as needed and as directed by 1RMO leadership.
Conflicts of Interest (COI) Program: The 1RMO Governance team facilitates Schwab’s COI Program including reviewing and monitoring business practices for identification and management of conflicts, coordinating updates to the COI inventory, partnering on enhancements to the COI application module, facilitating an annual attestation, providing reporting to various committees and business councils as requested, and maintaining First Line of Defense procedures for adherence to the COI Policy and COI Standards.
Disclosure Management Program: The 1RMO Governance team facilitates Schwab’s Disclosure Management Program, providing a centralized operating model framework, multiple resources, performance of centralized processes, and First Line of Defense procedures for adherence to the Disclosure Management Standards.
This is an individual contributor position.
What you haveRequired Qualifications
Bachelor’s Degree7+ years related work experience that includes risk management responsibilitiesPreferred Qualifications
Post Graduate DegreeSecurities Licenses (such as 7, 9/10, 24, etc.)Financial Services, consulting, or regulatory agency experienceExperience working in the First Line of Defense Business Units or directly with the Business UnitsStrong understanding of applicable regulatory requirements, including Regulation Best Interest, and industry’s current perspective and expectations regarding the identification and management of conflicts of interestKnowledge of recent regulatory developments, particularly concerning conflicts of interest and disclosure obligationsStrong experience and / or knowledge of the Investment Advisers Act of 1940 and broker-dealer rules and implementationStrong understanding of retail, advisory and brokerage products/servicesBanking experience is a plusStrong project management skills, including the ability to coordinate and motivate others, and prioritize as needed to drive effective and efficient work productAbility to motivate colleagues to get things done effectively; is sought out for counsel and feedback and contributes to cross-functional teams and initiativesAbility to strategically streamline or reimagine existing processesAbility to influence and drive a vision while being mindful of stakeholders’ needs and requirementsExperience with IBM Open Pages (MyGRC)Proficient with Word, PowerPoint, and Outlook Options Apply for this jobApplyShareRefer a friendRefer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Why work for us?Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth.
Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home—today and in the future. Application FAQs
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