Charles Schwab Senior Manager - AML (Anti-Money Laundering) 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 at http://www.aboutschwab.com/about/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.

Our Opportunity:

The Compliance Department coordinates the Company's compliance efforts, and performs an advisory, monitoring, testing, and education role to support management's supervisory responsibility and its efforts to achieve compliance with the financial services industry rules and regulations, and policies of the Company. The Financial Crimes Compliance (FCC) group, which includes the Corporate Anti-Money Laundering Department (AML) and Financial Intelligence Unit (FIU), assists across the firm in the assessment of risk presented to our business units and in the affirmative commitment to comply with all laws and regulations governing the identification and reporting of suspected money laundering activities, as well as activities prohibited by OFAC laws and regulations. The department performs, among other responsibilities, AML transaction monitoring and SAR filing, OFAC screening, as well as advisory and control functions.

What you’ll do:

As a direct report to the Deputy AML Officer of Charles Schwab & Co., the Senior Manager will be responsible for assisting with the development, coordination and presentation of AML Training to various business units within Charles Schwab & Co. This includes collaborating with colleagues across the Corporate AML Department and Financial Intelligence Unit to develop training that addresses emerging threats, industry trends, hot topics and areas of regulatory focus, as well as identify business units within Charles Schwab & Co. Inc. that require additional targeted training.

Other responsibilities include:

  • Assist in the preparation and completion of the Firm’s Annual AML Risk Assessment;

  • Assist the Deputy AML Officer in identifying AML and Sanctions risks involving new products, services and customers.

  • Communicate identified risks to the business units and develop solutions to mitigate the risks;

  • Provide support to the business units on complex issues that have an AML touchpoint;

  • Partner with the different teams within the broader Financial Crimes Investigations department to assist in AML-related investigations, due diligence reviews and special projects.

What you have:

  • Excellent verbal, written, presentation and interpersonal communication skills.

  • Experience in the financial services industry (banking and/or securities).

  • Client focus; ability to effectively and quickly build relationships and establish trust, respect, competence and confidence.

  • Success at working with high-performing, diverse, cross-functional work teams rallied around the same strategy.

  • Results-oriented and able to quickly sort through information and develop concise and clear strategies and solutions.

  • Ability to learn and understand the business line’s operations, products/services, systems, and associated risks/controls.

Desired (Optional, but Preferred Experience, etc.):

  • A detailed understanding of the Bank Secrecy Act and current Anti-Money Laundering regulatory landscape including securities fraud, insider trading, market manipulation and other financial crimes relevant to broker-dealers.

  • Strong knowledge of Microsoft Office products (e.g. Word, Excel and PowerPoint)

  • Client focus; ability to effectively and quickly build relationships and establish trust, respect, competence and confidence.

  • Ability to review, analyze and summarize complex account structures and transactions.

  • Ability to develop strategic solutions on a systemic level, thinking through potential connections and impact across the Schwab ecosystem, and developing roadmaps to achieve long term vision through short term deliverables.

  • Certified AML Specialist (CAMS), Certified Financial Crime Specialist (ACFCS) and/or Certified Fraud Examiner (CFE).

  • College Degree.

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/%22 .

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.

LOCATIONS: Lone Tree, CO or Phoenix, AZ

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