Charles Schwab Senior Manager - Compliance in Boston, Massachusetts


Boston - MA, WNWMAIP, One International Place, 02110-2600

Jose Tolentino


We believe that , when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck at over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Our Opportunity:

IMS (Investment Management Services) Compliance supports Schwab's institutional investment advisory businesses including Charles Schwab Investment Management (CSIM), the Schwab Funds, Charles Schwab Investment Advisory (CSIA), Windhaven Asset Management and Thomas Partners Inc. This support includes administering the CSIM and Schwab Funds regulatory compliance program.

We are currently offering the opportunity for a dynamic and engaging Investment Management professional to join our IIMS Compliance team as a Sr. Manager. The Sr. Manager is responsible for day-to-day quality assurance and oversight of the implementation of controls prescribed in the Code of Ethics and Personal Trading Policies of Schwab’s Institutional Investment Advisors. The Sr. Manager will continually evaluate the needs and parameters of the four Institutional Advisors’ Code of Ethics to make recommendations as to the effectiveness and adequacy of certain internal controls, policies, procedures and computer systems designed to achieve and/or monitor compliance with regulatory requirements. The overall goal of the Sr. Manager is to help mitigate brand, financial, legal and regulatory risk by closely monitoring personal trading, gifts and entertainment and political contributions.

What you’ll do:

  • Determine which employees will be deemed “Access Persons,” reviewing and approving requests for personal trading; monitoring for personal trading infractions; conducting required certification processes and maintaining relevant personal trading systems.

  • Follow-up on infractions and report infractions to the Managing Director and the relevant Chief Compliance Officer. This monitoring includes conducting reviews and testing in a timely and comprehensive manner. The Sr. Manager will address and mitigate infractions, provide training as warranted and identify and escalate patterns and trends that were identified during testing.

  • The Sr. Manager will assist with project managing the implementation of various. Code of Ethics and Personal Trading initiatives based on business and regulatory needs for the Institutional Advisors.

  • Keep current on rules, regulations, policies and procedures necessary to effectively and adequately conduct monitoring.

What you have:

The successful candidate must possess the following skills:

  • Bachelor’s Degree.

  • At least 8 years of compliance experience (e.g. Code of Ethics, 17j-1, 204a-1, etc.) in the mutual fund and/or investment management/advisory industry (or similar), is preferred.

  • Strong project management skills.

  • Knowledge of the Investment Advisers Act of 1940 and the Investment Company Act of 1940.

  • Strong written and verbal communication skills with demonstrated ability to communicate effectively.

  • A results orientation with a strong sense of accountability.

  • Strong critical thinking and judgment.

  • Highly organized, with a strong attention to detail.

  • Basic proficiency with MS Word, Excel and PowerPoint.

  • Experience with the following software is preferred / optional: Compliance 11 and/or iTrade.

What you’ll get:

  • Everyday Wellness: Healthy Rewards, Healthy Choices, Wellness Champions

  • Financial Fitness: 401k Match, Employee Discounts, Personalized advice, Brokerage discounts

  • Work/Life Balance: Sabbatical, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer

  • Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships

  • Not just a job, but a career, with an opportunity to do the best work of your life.

Learn more about Life@Schwab at .

Charles Schwab & Co., Inc. is an equal opportunity/affirmative action employer committed to diversifying its workforce. All applications are considered without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status (disabled veterans, recently separated veterans, active duty wartime or campaign badge veterans, Armed Forces service medal veterans), or based on any individual's status in any group or class protected by applicable federal, state or local law.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: None

Relevant Work Experience: Financial Services-6+ yrs, Investment Management - 6+ yrs, Banking-6+ yrs, Regulatory, Compliance

Position Located In: CO - Lone Tree, MA - Boston

Education: BA/BS

Job Type: Full Time


Activation Date: Wednesday, August 9, 2017

Expiration Date: Friday, September 1, 2017

Apply Here