Sr Specialist, Financial & Regulatory Reporting

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.

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 Bank Regulatory Reporting (BRR) Team is part of the Corporate Controller’s department and is responsible for ensuring the accuracy and timeliness of the Company’s regulatory financial reports and other performance metric disclosures. Reports are prepared for the corporation and its subsidiaries, including the parent holding company (The Charles Schwab Corporation), the broker-dealer, three bank charters, and multiple nonbanking subsidiaries.

The BRR team is looking for a Senior Specialist to support regulatory reporting obligations as well as several objectives the team is working on to address the completeness and accuracy of Schwab’s financial reporting to meet the needs of our clients. These priorities include automation efforts to streamline our processes and analysis. BRR takes a team-based approach to prepare reports and is looking for a new member to help support our ongoing reporting responsibilities and project initiatives.

What you have

· Bachelor’s degree or higher in Accounting, Finance, or related field.

· Two or more years of related work experience in GAAP accounting or Big 4 public accounting, including specific experience with financial reporting.

· Excellent analytical and organizational skills.

· Excellent written, verbal, and interpersonal communication skills.

· Critical thinker motivated to learn with an aptitude for detail and accuracy.

· Ability to clearly document the work, trend and variances and meet deadlines.

· High proficiency using MS Excel and working knowledge of other Microsoft Office applications

· Other desirable experience:

· Relevant banking or financial services accounting experience

· Awareness of or experience with SQL and related applications such as Microsoft Access, Microsoft Power Query, Toad Data Point or Alteryx

· Prior regulatory reporting experience (i.e. Call Report or SEC 10-Q/10-K)

· Certified Public Accountant (CPA), other public accounting or consulting experience

What you'll do:

· Participate in a team-based approach preparing required regulatory financial reports.

· Gain exposure to broker-dealer, bank, and corporate processes.

· Independently research and interpret regulatory rules, guidance, and report instructions.

· Prepare draft reports supported by clear, detailed, and accurate work papers.

· Analyze draft report results and trends, documenting impacts, and drivers of periodic change.

· Maintain and enhance current process documentation.

· Collaborate with other functional teams to develop working relationships with data providers.

· Continually develop skills in using Excel and other data management tools to enhance productivity.

· Exercise time management skills to meet deadlines.

· Serve as a flexible team member working on ad hoc requests and projects as needed.

· Participate in a high performing, engaged, and positive team environment.

· Grow your career on a supportive team.

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.