Charles Schwab Bank Applications Security Administrator in Phoenix, Arizona

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 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.

Banking & Trust Services (BTS) is the business enterprise within Schwab overseeing Charles Schwab Bank and the Charles Schwab trust companies. The BTS organization offers deposit, loan and trust products to Schwab clients who are looking for holistic wealth management solutions that complement their brokerage activities. The integrated banking and brokerage services represent the strong value proposition we offer our clients.

Charles Schwab Bank is a full-service bank that offers a range of competitive deposit and lending products. In 2003, we launched Schwab Bank as a bank for investors, and it has grown to be the 13th largest bank in the United States. Our goal is to offer a banking experience that complements the Schwab brokerage capabilities, providing banking products tailored to meet our clients’ unique needs as investors, all in one convenient location. Consistent with the brand, we offer exceptional client experience.

Our Opportunity:

The Bank Application Security Administrator is responsible for ensuring that fundamental operating controls are in place, properly executed and clearly documented for each application they are assigned to. Additionally, they must provide current controls documentation to Information Security Risk Management (“ISRM”) annually and as requested for review and approval. Charles Schwab Bank follows the three lines of defense model of risk governance. The Bank Application Security Administrator is a front line unit position for Charles Schwab Bank and assures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations in the context of their responsibilities.

Application Security is an area of ever-increasing emphasis by the regulators. All activities are subject to Internal Audit review. Protecting client assets and data is critically important to client trust and brand integrity.

What you’ll do:

  • Develop, own and maintain Bank Application Security Administrator roles and responsibilities

  • Initiate, track and summarize user attestations to ensure appropriate access necessary to perform business functions is completed annually

  • Review Application Portfolio Management (APM) system at least annually and send updates to application liaison

  • Ensure access to bank applications meet CS&Co policy and regulatory guidelines

  • Understand each bank application’s user list management and how to gain access to the application’s user list

  • Maintain bank application role definitions

  • Perform annual Segregation of Duties analysis to ensure that controls are in place to safeguard that no employee has the ability to both perpetrate and conceal errors or fraud in the normal course of their duties.

  • Develop compensating controls for any banking applications as needed

  • Gather and retain Privileged Access Surveys on bank applications

  • Develop new and maintain current access administration procedures, seek application business owner review and approval at least annually, and archive in retention location

  • Assist application business owner with reviewing access, risks and controls of the applications

  • Partner with Access and Entitlements (A&E) and Information and Security Risk Management (ISRM) to ensure banking applications are appropriately defined and access controls are appropriate

  • Ensure that bank applications are risk rated and map to corporate standards

  • Support Application Oversight Program (AOP) quarterly reviews by completing the scope survey and supplying the Application Administration Procedure, most recent attestation summary, current user list and follow-up requests as needed

  • Work with Team Manager to ensure BOOST team is prepared for Bank Regulator Exams

  • Coordinate materials to be delivered to OCC as part of ongoing supervision

  • Support pre-exam and intra-exam requests for all Bank OCC exams that touch banking applications.

  • Other duties include:

  • Support other member of the Bank team

  • Identify and implement improvement opportunities

  • Identify, analyze and help resolve gaps in policy and/or procedure adherence.

  • Provide timely, quality answer/requests for information on an ad-hoc basis

What you have:

  • 5+ years’ experience in Technology functions

  • Experience with Bank Technology systems strongly preferred

  • Strong client focus

  • Good interpersonal and communication skills

  • Bachelor’s degree preferred

You demonstrate these behaviors:

  • Diagnostic Information Gathering: Identifying the information needed to clarify a situation, seeking that information from appropriate sources, and using skillful questioning to draw out the information when others are reluctant to disclose it.

  • Initiative: Identifying what needs to be done and doing it before being asked to or required by the situation.

  • Technical Expertise: Depth of knowledge and skill in Bank Technology Systems.

  • Thoroughness: Ensuring that one’s own and other’s work and information are complete and accurate; careful preparation for meetings and presentations; following up with others to ensure that agreements and commitments have been fulfilled.

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" .

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: AZ - Phoenix