Charles Schwab Sr. Specialist - Operational Risk Management in Lone Tree, Colorado
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 https://www.aboutschwab.com/press/leadership/charles-schwab 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.
Charles Schwab Investment Advisory, Inc. (“CSIA”), Windhaven Investment Management, Inc. (“WIM”), and ThomasPartners, Inc. (“TPI”) are affiliates of the Charles Schwab Corporation (“Schwab”) and are SEC-registered investment advisory firms serving individuals, trusts, retirement plans, foundations and endowments. The combined entities manage over $50 Billion in Assets Under Management using a variety of investment strategies that include global asset allocation and dividend equity among others. CSIA and WIM are also two of the largest ETF Strategists in the industry.
At Schwab, 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, highly skilled, and adaptable people with the desire to help our clients and one another succeed.
What you’ll do:
The Operational Risk Analyst role will be responsible for helping support regulatory, supervisory, operational risk management (“ORM”), and other oversight functions across the three legal entities through direct engagement, hands-on analysis, vendor oversight, and risk monitoring and assessments, and reporting out to executive management and governance committees at CSIA, WIM, TPI, and Schwab. The ORM Analyst will be a “first line of defense” trusted internal partner that promotes business growth and operational efficiency through effective operational risk management via robust governance structures; policies, procedures, and controls at the business unit level; and via compliance with regulatory and legal requirements as well as requirements put in place by our corporate parent, Charles Schwab. We strive to improve business outcomes by providing and managing, monitoring, and applying practical, consistent, effective, and unbiased risk management and guidance that is grounded in a deep understanding of business goals and risks as well as the regulatory and industry environment as a whole.
The role will focus on helping support regulatory and operational risk management and control issues applicable to the RIA affiliates of Charles Schwab, and will support Sr. ORM Analysts who work with management, governance committees, and Legal and Compliance departments.
The candidate should possess knowledge of the legal, compliance, and regulatory aspects of the financial services industry in general, and of Registered Investment Advisors in particular.
The role will assist ORM Sr. Analysts, Sr. management and governance bodies, and is expected to proactively support the processes and standards required to bring disciplined structure, risk management, and oversight to the firms.
The role will help analyze the effectiveness of risk management policies and procedures; identify emerging risk trends; gather data, conduct interviews, identify supervision issues, and conduct gap analysis; and develop and maintain written policies, procedures, and controls documents.
The role will participate in developing actionable proposals, present findings and recommendations to sr. management and governance bodies of the firms in both written and verbal form, and drive implementation of key risk management initiatives.
The candidate must be able to work across multiple organizations to drive change and buy-in by working with and influencing key business partners by building effective working relationships across the three affiliates and their parent organization.
The candidate must be capable of managing complex projects, maintaining accurate records of decisions, tracking and following up on those decisions, and be able to proactively and independently move projects forward.
What you have:
Bachelor’s degree required
Graduate degree, CFA, CFP, or Series 65 desirable but not required
1+ years of experience in operational risk, supervision/controls, Compliance, or audit function
3+ years of experience in financial services
Experience writing, maintaining, testing, auditing, and revising policies and procedures
Understanding and familiarity of laws and regulations within financial services a major plus
Experience analyzing data and preparing solutions based on sound facts and findings
Experience using reporting tools and databases (e.g., Business Objects or similar)
Self-starter with can-do attitude who can build relationships and influence effectively within a matrixed organization
Effective organizational and time management skills
Strong written and verbal communication skills; demonstrated presentation skills
Ability to think strategically with sharp analytical skills and strong attention to detail and accuracy
Mastery of Microsoft Office tools (PowerPoint, Excel, Word, Access)
Ability to work independently and proactively, with minimum guidance
Ability to work on multiple projects simultaneously while prioritizing based on risk/business needs
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 http://www.aboutschwab.com/careers/lifeatschwab/" .
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.
Position Located In: CO - Lone Tree, CO - Denver