Charles Schwab Internal Audit Manager, Corporate & Risk Management in San Francisco, California
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.
Internal Audit (IAD) provides independent and objective assessments of the effectiveness of risk management activities and the internal control environment. Reporting to the Corporate & Risk Management Audit Director, the Manager will have responsibility for the independent and objective assurance activity designed to improve the organization’s operations by evaluating and improving the effectiveness of risk management, control, and governance processes. This position is also responsible for liaising with the firm’s risk management functions, external co-sourcing provider, and regulators.
What you’ll do:
Assist in the management of a co-sourced team of internal audit professionals ensuring work is performed in accordance with IIA standards and is consistent with the businesses Charter and Policies and Procedures.
Direct and supervise the design and successful execution of audits included in the internal audit plan and provide strategic and proactive consultation in identifying risk exposures and in evaluating solutions for internal control weaknesses and regulatory compliance issues.
In coordination with the IT audit team, promote the increased use of data analytics techniques to evaluate large data sets for trends and anomalies.
Assess the quality of management’s risk & control self-assessments; and support the assessment of the operational risk management program that manages the risk and controls self-assessment program.
Review key internal audit work papers, including planning documents and audit reports, to ensure clear identification and communication of risks and issues prior to presentation to senior management.
Address issues during the internal audit process by gathering facts, developing potential solutions, determining the best solutions, and implementing an action plan to solve the problem.
Evaluate the adequacy and timeliness of management's response and the corrective action taken on all significant weaknesses noted in the report.
Maintain business relationships with appropriate levels of management, first and second lines of defense, ensuring Internal Audit is aware of key changes to business activities and objectives for appropriate response.
Monitor for changes in the business that may affect the risk environment and, therefore, require possible changes to the audit plan or to the scope of planned audits.
What you have:
5-8+ years of financial services-related audit experience with increasing responsibility. Financial services specific internal audit and/or similar Big 4 Accounting or regulatory experience a plus.
Demonstrated experience managing internal audits over risk management functions within a complex operational and regulatory environment.
Ability to cultivate a strong working relationship with external co-sourcing provider, regulators, and internal lines of businesses.
Thrives on initiating, building and cultivating strong relationships inside and outside advancing the goals and the future of the company; highly collaborative; comfortable with debate and willing to challenge the status quo; navigates and activates alignment across organizational silos and upward two+ levels.
CIA, CFSA, CRCM, CAMS or other applicable financial services and/or risk management certifications preferred.
Excellent analytical skills, including the ability to anticipate issues and to design appropriate solutions
Strong verbal and written communication skills with a demonstrated ability to articulate effectively and professionally.
What you’ll get:
Comprehensive Compensation and Benefits package
Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts
Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program
Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions
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.
Charles Schwab & Co., Inc. will consider for employment qualified applicants with criminal histories consistent with San Francisco ordinance 17-14 and federal law and regulations applicable to Charles Schwab.
Position Located In: CA - San Francisco