Director, Compliance - Advisor Services

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.

We are seeking a director to support Schwab’s Advisor Services business unit. Advisor Services provides custody, trading, and support services to independent investment advisers (RIAs). This role will be an individual contributor and sits in the Compliance Department in the Second Line of Defense (2LOD) for a team that provides regulatory guidance to business partners on items such as changes to regulatory developments, guidance on the launches of new products and platforms, and analysis of existing policies.

In this role, you’ll report to the Director of Advisor Services Compliance and will provide regulatory guidance to business partners and other colleagues in the second line of defense by actively participating in various projects and initiatives and effectively challenging business partners when appropriate. The Director will make a significant contribution to the business by providing subject matter expertise on proposed rules and regulations and their potential impact on the business and by assisting in creating and maintaining Compliance policies and procedures.

The Director will have the opportunity to cross collaborate with several teams such as:

• The Custody Solutions Team (CST) to negotiate and challenge solutions to customized problems while satisfying regulations
• Advisor Services Business Unit Risk on RCSA items, Conflicts of Interest, Business Self-Identified items, for ongoing remediation efforts and results of Global Compliance Testing Program
• Global Compliance Testing and Internal Audit (Third Line of Defense) on test plans
• Advisor Services and Marketing in the review of marketing content and digital content, including the review of Requests for Proposals (RFP’s) for new to platform RIAs

What you have

Required Qualifications:

• At least 10+ years either in a Compliance or Risk Management role, preferably at a broker-dealer or investment adviser.
• Practical experience and excellent knowledge with SEC and FINRA Rules.
• Proficiency in Microsoft Office Programs (Word, PowerPoint, and Excel).

Preferred Qualifications:

• FINRA Series 7, 63, and 24 licenses.
• Bachelor’s degree and MBA/JD.
• Experience supporting custodial platforms for independent investment advisors.
• Excellent oral and written communication skills with the ability to influence, partner and collaborate with various groups, including senior business management.
• Proven experience working independently and prioritizing multiple projects based on regulatory risk and business needs.
• Proficiency in SharePoint.