Charles Schwab Manager, Bank Compliance Testing and Monitoring in Lone Tree, Colorado


Lone Tree - CO, DENR3, 9800 Schwab Way, 80124

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:

(This position can be based either at Schwab's Phoenix, AZ Office or at its Lone Tree, CO Office.) The Compliance Testing & Monitoring Manager is responsible for assisting Bank Compliance in executing the Testing and Monitoring program to evaluate the effectiveness of internal controls the Bank has established to comply with applicable regulatory requirements.

What you’ll do:

The Manager, Bank Compliance Testing and Monitoring will be responsible for:

  • Conducting compliance testing and monitoring to evaluate the effectiveness of the internal controls the Bank has established to comply with applicable regulatory requirements for assigned areas of the review.

  • Assisting in executing the annual testing and monitoring program. Develop a scope and objective that includes the regulatory requirements within the Compliance Risk Assessment.

  • Completing the reviews such that they comply with the Corporate Compliance Testing Standards & Methodology and the Bank Compliance Testing & Monitoring Procedures.

  • Completing the reviews timely and adequately document the evaluation of the effectiveness of the internal controls.

  • Maintaining a strong working knowledge of federal regulations applicable to the assigned areas of the review.

  • Maintaining working knowledge the CFPB Exam Procedures and OCC Consumer Compliance Exam Procedures for assigned areas of the review. Complete testing and monitoring that incorporate applicable regulatory exam procedures.

  • Identifying and validating issues - during testing & monitoring- in order to conclude on the effectiveness of the controls to comply with Bank policy or applicable regulatory requirements. Discussing potential corrective action plans with the business and provide recommendations for action plan.

  • Assisting to ensure compliance issues identified from testing and monitoring program are, followed-up, and corrective action plans are properly executed to comply with Bank policy or applicable regulatory requirements.

  • Drafting standard and special purpose reports which evaluate the effectiveness of the controls to ensure compliance with Bank Policy and regulatory requirements.

What you have:

The following qualifications are required:

  • Bachelor’s Degree or equivalent experience (see below):

  • 5 years, minimum, professional work experience in Financial Services (e.g. banking, mortgage, or similar).

  • 5 years of experience in Bank Compliance, Bank Internal Audit or as a Bank Examiner

  • Strong knowledge of consumer compliance regulations (e.g. Dodd Frank, RESPA, Reg B, CC, E, Z, etc.)

  • Excellent attention to detail and the ability to work independently

  • Strong written and oral communication skills

  • Sound organization and prioritization skills

  • Experience with MS Office products, with intermediate level experience using Excel (e.g. testing, v-lookups).

  • Ability to travel 10%-25% (Average amount: 2 trips per year, e.g. to other Schwab Offices or conference).

The following qualifications are preferred (optional):

  • Compliance Testing and Monitoring experience

  • Certified Regulatory Compliance Manager

What you’ll get:

  • Everyday Wellness: Healthy Rewards, Onsite Fitness Classes, 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 mailto:Life@Schwab.Charles .

Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: None

Relevant Work Experience: Financial Services-6+ yrs, Legal-6+ yrs, Internal Audit, Legal-2-5 yrs, Financial Services-2-5 yrs, Regulatory, Banking-6+ yrs, Banking-2-5 yrs, Compliance

Position Located In: AZ - Phoenix, CO - Lone Tree

Education: HS/GED

Job Type: Full Time


Activation Date: Friday, April 21, 2017

Expiration Date: Saturday, July 1, 2017

Apply Here