Senior Manager, Compliance

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.

Schwab Compliance is seeking a Senior Manager to administer certain elements of the Compliance programs in support of the Charles Schwab & Co., Inc. investment adviser (CS&Co. IA) sponsor program and the Schwab Wealth Advisory, Inc. (SWAI) investment adviser program.  This work includes coordinating with both the SWAI and CS&Co. IA Chief Compliance Officers to ensure each Compliance program complies with the requirements of Investment Advisers Act Rule 206(4)-7.  The Senior Manager will report to the Director, Compliance who supports the Wealth and Advice Solutions business and leads the Retail Wealth Management Compliance team. 

Day to day responsibilities will include:

• Create and perform ongoing review of investment adviser compliance policies and procedures, including the adviser codes of ethics and compliance manuals
• Lead and document annual review of effectiveness of compliance policies and procedures, pursuant to Investment Advisers Act Rule 206(4)-7
• Drive development of investment adviser compliance monitoring plans, related procedures, and documentation
• Develop and enhance compliance risk metrics and reporting
• Collaborate closely with Corporate Compliance and Adviser Compliance Practice Group to identify and implement opportunities for improvement for the investment adviser compliance programs

• Maintain and update team SharePoint site, procedures, and records
• Carry out other duties as assigned, including, but not limited to project work, Form ADV review and filings, and other components of Schwab’s 206(4)-7 program.

What you have

Required Qualifications:

• 8 + years industry experience, with a minimum of 3 years investment adviser compliance
• Strong knowledge of regulatory expectations of SEC-registered investment advisers

• Proficiency in Microsoft Office programs (Word, PowerPoint, Excel, SharePoint)
• Experience creating and maintaining Compliance policies, standards, and/or procedures
• Experience developing Compliance reporting

Preferred Qualifications:

• Bachelor’s degree
• Series 65 or 66 license a plus
• Experience interpreting regulatory guidance and assessing compliance risk

• Ability to independently identify opportunities for improvement and enhance a Compliance program
• Exceptional attention to detail and proven ability to manage multiple, competing initiatives simultaneously
• Excellent interpersonal, relationship building, and change management skills
• Demonstrated ability to deliver verbal and written communications that are clear, concise, and impactful with their intended audiences
• Strong emotional intelligence and executive presence