Senior Manager, Compliance Risk Assessment
About The Position
The Senior Manager, Compliance Risk Assessment executes and manages Compliance Risk Assessments to identify areas presenting the most significant compliance risk. Assessments may cover Charles Schwab & Co., Inc. and Forge Securities LLC under SEC and FINRA requirements, or Charles Schwab Futures and Forex under CFTC and NFA requirements, while maintaining an enterprise-wide view of compliance risks. As an individual contributor, this role monitors, assesses, and reports on changes in compliance risk levels, maintains working knowledge of applicable regulations, and partners with subject matter experts to discuss key and emerging risks. The role prepares risk assessment reports and presents findings to stakeholders and senior leadership. It also develops standard and special-purpose reports for committees, the Compliance Department, and applicable business units, covering assessment results and other work such as ad hoc projects and effective-challenge results. The position is intended to be performed on site in one of the specified locations.
Requirements
- BS/BA degree or equivalent work experience in regulatory compliance matters impacting broker-dealers, futures commission merchants, or introducing brokers.
- At least 5 years of compliance and/or risk management experience.
- Ability to read and analyze large quantities of reports or data and concisely summarize meaningful trends and material components.
- Proficient attention to detail.
- Ability to work independently.
- Ability to adapt to changing circumstances, priorities, scope of work, or new ideas.
- Ability to identify and assess regulatory risk and risk mitigation or controls.
Nice To Haves
- Strong knowledge and understanding of regulatory expectations, including interpreting regulatory guidance and assessing risk.
- Excellent presentation and communication skills, including the ability to clearly articulate risks to key stakeholders and independently prioritize multiple priorities and changes in scope.
- Ability to think critically about Compliance Risk Assessment inputs and results.
- Ability to collaborate with department teammates and subject matter experts to maintain accurate information in risk assessments.
- Ability to manage multiple projects, prioritize activities, and meet deadlines.
- Courage to effectively challenge subject matter experts, teammates, and senior leadership to improve Compliance Risk Assessment data and processes.
- At least 5 years of experience supporting compliance, risk management, or regulatory oversight for complex securities products, futures, and private securities markets, including private placements, exempt offerings, alternative investments, options, futures commission merchants, introducing brokers, and broker-dealer activities.
- Good understanding of enterprise-wide regulatory obligations.
- Professional license(s), such as Series 7, Series 63, Series 9/10, Series 3, Series 4, Series 82, and/or Series 24.
- Professional certification(s), such as Certified Regulatory Compliance Manager (CRCM), Certified Securities Compliance Professional (CSCP), Certified Internal Auditor (CIA), and/or Certified Risk Professional (CRP).
- SharePoint experience.
Responsibilities
- Execute and manage Compliance Risk Assessments to identify areas of significant compliance risk.
- Monitor, assess, and report on changes in compliance risk levels, including changes emphasized by key regulators.
- Maintain a strong working knowledge of regulations applicable to Schwab.
- Partner with subject matter experts and lead meetings to discuss key risks and identify upcoming risks.
- Prepare risk assessment reports and present findings to stakeholders and senior leadership.
- Develop standard and special-purpose reports for committees, the Compliance Department, and applicable business units.
- Report on Compliance Risk Assessment results and other work, including ad hoc projects and results from effective challenge.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
