Senior Specialist, Business Process (BP) SOX and ICOC Compliance
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.
The Sarbanes-Oxley Compliance Office (SCO) performs risk assessment, scoping, testing, concluding, and results reporting for the annual assessments of management’s Internal Control over Financial Reporting (ICFR) for SOX and FDICIA, and for the annual assessment of management’s Internal Control over Compliance (ICOC) for SEA Rule 17a-5. The SCO supports Schwab’s mission by assessing controls addressing the completeness and accuracy of Schwab’s financial reporting, and Schwab’s financial reporting is used to secure financing so the company can meet the needs of our clients. In addition, the SCO assesses ICOC addressing the protection of client assets, which gives clients comfort to invest their assets with Schwab.
The SCO is looking for a Senior Specialist to support the Business Process (BP) portions of the ICFR and ICOC Assessments. This Senior Specialist will be accountable for the portions of the assessments that they are assigned to prepare, and this position reports to a Team Manager, BP Audits and SOX Compliance. This position is located in Lone Tree, Colorado, and candidates must be within commuting distance of their assigned location within a reasonable period after starting in the role to enable participation in Schwab’s Hybrid Work & Flexibility Program.
What you have
- Bachelor’s degree in Accounting, Internal Audit, Information Systems, or Finance required
- Two or more years of related work experience in BP controls-based testing required with SOX and Big 4 public accounting experience preferred
- Knowledge of SOX requirements or the Financial Responsibility Rule requirements
What you'll do:
- Gain exposure to broker-dealer, bank, and corporate processes through robust risk assessments, varied ongoing control testing, and unique project assessments
- Contribute to a risk-based approach to the BP portions of Schwab’s annual ICFR and ICOC assessments by seeking and applying understanding of Schwab’s risks and controls
- Collaborate with management, Schwab’s external auditor, and other Schwab testing programs to enhance Schwab’s control environment
- Self-manage and lead the preparation of assigned assessment portions, including documenting high-quality work in accordance with team policies, standards, and procedures
- Encourage and participate in a high performing, engaged, and positive team environment
- Grow your career on a supportive team that holds weekly supervisor one-on-ones, regular skip-level one-on-ones, and quarterly formal feedback conversations
- Improve and innovate the SCO’s assessment and operational approaches, including with automation and data visualization tools
In addition to the salary range, this position is also eligible for bonus or incentive opportunities
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. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
What you are good at
What you have
- Bachelor’s degree in Accounting, Internal Audit, Information Systems, or Finance required
- Two or more years of related work experience in BP controls-based testing required with SOX and Big 4 public accounting experience preferred
- Knowledge of SOX requirements or the Financial Responsibility Rule requirements
What you'll do:
- Gain exposure to broker-dealer, bank, and corporate processes through robust risk assessments, varied ongoing control testing, and unique project assessments
- Contribute to a risk-based approach to the BP portions of Schwab’s annual ICFR and ICOC assessments by seeking and applying understanding of Schwab’s risks and controls
- Collaborate with management, Schwab’s external auditor, and other Schwab testing programs to enhance Schwab’s control environment
- Self-manage and lead the preparation of assigned assessment portions, including documenting high-quality work in accordance with team policies, standards, and procedures
- Encourage and participate in a high performing, engaged, and positive team environment
- Grow your career on a supportive team that holds weekly supervisor one-on-ones, regular skip-level one-on-ones, and quarterly formal feedback conversations
- Improve and innovate the SCO’s assessment and operational approaches, including with automation and data visualization tools
In addition to the salary range, this position is also eligible for bonus or incentive opportunities
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.
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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.