Senior Specialist, First Line Risk Management - Technology

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.

The RCSA Control Assurance Team (RCAT), within the First Line Risk Management Office (1RMO) is responsible for monitoring and evaluating the effectiveness of internal controls established to mitigate identified risks.  These individuals exhibit a deep understanding of the line of business including applicable systems, tools, policies, and procedures and are adept at identifying procedural gaps and deficiencies. Sr. Specialist will evaluate the design adequacy of the risk control in addition to the operating effectiveness.  Qualified persons should be experienced in IT risk mitigation, policy execution and relationship management.

The Senior Specialist will:

• Participate in the design and successful execution of internal technology control reviews and provide strategic and proactive consultation in identifying IT risk exposures and developing solutions for weaknesses and regulatory compliance issues.
• Understand scope of examination and prioritize examination activities to adhere to testing schedule and complete evaluation according to planned timelines and standards set by Corporate and Regulatory standards.
• Evaluate the effectiveness of technology controls in place to mitigate identified risk; review evidence, document testing results in a comprehensive and organized manner; develop recommendations to correct deficiencies and provide ideas for process improvements.
• For issues identified where controls can be enhanced to ensure compliance with firm or regulatory requirements, support business partners and senior leadership by monitoring action plans to ensure root cause of control deficiencies are resolved in a timely manner.
• Maintain a strong working knowledge of federal and/or state fiduciary compliance regulatory requirements applicable to the assigned areas of the review.

This is a summary only and duties and responsibilities may be changed from time to time, or over time.

What you have

Required Qualifications:

• Bachelor’s degree; preferably in Accounting, Finance, Business Administration; equivalent work experience can be considered in lieu of education.
• 2-5 years of experience in financial services, audit, supervision, risk management, compliance or related experience.
• Familiarity with IT frameworks and guidance (e.g., COBIT, NIST, FFIEC IT Handbooks).

Preferred Qualifications:

• Ability to understand IT concepts.
• Demonstrated written and oral communication skills and ability to communicate with colleagues and business partners.
• Ability to build strong relationships and work cross functionally with internal and external constituents.
• Analytical skills with the ability to identify, research and weigh risk and control issues.
• Ability to work cooperatively and effectively with supporting team members to meet departmental goals.