2025 Charles Schwab Controller Accounting and SOX Internship
Your Opportunity
Your opportunity
At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together. Throughout the 9-week paid internship, there will be inspiring opportunities that welcome you into the Schwab culture and immerse you into your role. The interactive program focuses on a variety of opportunities which feature a business track project, an intern cohort project, learning activities, volunteering in the community, a dedicated intern leader, networking, and exploring your unique personal strengths! Come “challenge the status quo” for the Summer of 2025 and learn what is means to be the next generation of Schwab change makers!
Within the Finance- Controller department we are hiring in three different sub tracks- SOX Compliance, Corporate Accounting and Bank Accounting and Bank Regulatory Reporting. Within all of these tracks in the Controller department, there will be inspiring opportunities that welcome you into the Schwab culture and immerse you into your role. The interactive program focuses on a variety of opportunities which feature a business track project, an intern cohort project, learning activities, volunteering in the community, a dedicated intern leader, networking, and exploring your unique personal strengths!
SOX ComplianceSarbanes-Oxley Compliance Office (SCO’s) supports Schwab’s mission by assessing controls addressing the completeness and accuracy of Schwab’s financial reporting so the company can meet the needs of our clients while addressing the protection of client assets. The intern will have a unique opportunity to split their internship with the SCO’s Business Process and IT testing specialists to allow them to explore multiple areas of the assessment and to discover the areas in which they excel and that they most enjoy. They will partner with members of the SCO to conduct walkthrough meetings, to perform testing and issue analysis, and to provide testing results. Through these steps, the intern will experience the day-to-day activities of full-time employees to enable them to determine whether they would like to start their career with Schwab and on the SCO.
Corporate Accounting
The Corporate Accounting department is responsible for handling financial close and reporting activities for the Company on a US GAAP basis. Interns will work with the team to learn about the general ledger system, maintaining and updating the data to keep the system current. They will work on balance sheet reconciliations including the reconciliation tool, assist with month end and quarter end reporting and settlement processes, and work on Ad hoc projects as needed.
Bank Accounting and Bank Regulatory Reporting This role allows you to gain exposure into 4 main departments including: Accounting Policy, Bank Accounting, Bank Regulatory Reporting, and SEC reporting. Participation and interaction with the staff of these functional areas will help develop fundamental skills and broaden the candidate’s perspective of the critical role accountants and finance professionals play in the day-to-day operations of a leading investment services firm like Schwab. Gain meaningful experience with period close functions of our 3 banking entities, assist in preparing SEC disclosures for the consolidated company’s 10-Q quarterly reports, assist in preparing the Company’s many bank-regulatory reports and work side by side with accounting experts researching GAAP technical issues.
Come “challenge the status quo” for the Summer of 2025 and learn what is means to be the next generation of Schwab change makers!
What you have
As an intern, it’s not about what you know, it’s about what you are willing to learn. We’re seeking passionate students who are ready to own their Early Talent career and have the courage to ask “why”.
Required Qualifications
- Enrolled in a university program and be able to start full-time employment between August 2025-September 2026.
- Ability to work full time (40 hours) and be on-site at one of the Schwab locations for the duration of the 9-week program (June 9 to August 8, 2025)
Preferred Qualifications
- Earning a bachelors degree or higher in Accounting, Information Systems, or Information Technology
- Experience or interest in financial technology (SQL or data analytics)
- Curiosity to learn how to assess the design and operating effectiveness of business and IT controls
- Superior communication skills (written and verbal)
- Resourcefulness and flexibility, who enjoy working through cross-functional partnerships and collaboration to achieve a common purpose
- An innovative and questioning demeanor, who constantly look for better ways to do things, have a passion for service, and seek to exceed client expectations
- Strong written and verbal communication skills to interact with internal business partners
- Excellent organizational skills, enabling one to manage multiple priorities and projects, while meeting deadlines
- Earning a bachelor’s degree or higher in Accounting,
Target Total Compensation - $29-34/hour
Your actual pay will be based on your skills and experience -- talk with your recruiter to learn more.
#campus
What’s in it for you
At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry.
What you are good at
What you have
As an intern, it’s not about what you know, it’s about what you are willing to learn. We’re seeking passionate students who are ready to own their Early Talent career and have the courage to ask “why”.
Required Qualifications
- Enrolled in a university program and be able to start full-time employment between August 2025-September 2026.
- Ability to work full time (40 hours) and be on-site at one of the Schwab locations for the duration of the 9-week program (June 9 to August 8, 2025)
Preferred Qualifications
- Earning a bachelors degree or higher in Accounting, Information Systems, or Information Technology
- Experience or interest in financial technology (SQL or data analytics)
- Curiosity to learn how to assess the design and operating effectiveness of business and IT controls
- Superior communication skills (written and verbal)
- Resourcefulness and flexibility, who enjoy working through cross-functional partnerships and collaboration to achieve a common purpose
- An innovative and questioning demeanor, who constantly look for better ways to do things, have a passion for service, and seek to exceed client expectations
- Strong written and verbal communication skills to interact with internal business partners
- Excellent organizational skills, enabling one to manage multiple priorities and projects, while meeting deadlines
- Earning a bachelor’s degree or higher in Accounting,
Target Total Compensation - $29-34/hour
Your actual pay will be based on your skills and experience -- talk with your recruiter to learn more.
#campus
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.