Manager, Employee Compliance
Your Opportunity
Your opportunity
In Compliance, we help our business partners achieve their strategic priorities by promoting principles and practices that build client trust and safeguard the integrity of the firm. The Compliance Department advises on applicable federal and state rules and regulations, supervisory systems, and policies and procedures; liaises with regulators; provides guidance on communications with the public; conducts surveillance and investigations to monitor for compliance with firm policies and procedures; processes and maintains firm and employee registrations; and performs a variety of other compliance functions.
We are looking for a manager to support our dynamic Employee Compliance Team. The Employee Compliance Team covers Registration, Employee Monitoring and Reporting, Compliance Certifications, Personal Account Disclosure, Employee Conflicts Reviews and Gifts and Entertainment policy adherence. In this role, you’ll play a key part in transforming the direction of the current Employee Compliance Program. While the program is currently set up to facilitate the registration and disclosure processes, presently much of the responsibility for identification, determining requirements, and follow-up is falling on the supervisors. Our plan is to augment Compliance’s role in this process by providing guidance, flagging deficiencies, tracking and addressing violations, monitoring completion of requirements and providing MIS to our Compliance SME partners and Business partners.
In this role you’ll have the opportunity to:
- Identify team training needs and gaps to assist with the transformation of certain roles from clerical roles to Compliance Officer roles.
- Help lead coverage model transformation - monitoring by business not tasks.
- Work with IT on process and workflow improvements.
- Assist in the development of an enhanced violations monitoring program.
- Participate as needed in any /all hands projects as needed.
- Review and process personnel disclosures including securities accounts, outside business activities and private securities transactions utilizing our proprietary disclosure system.
- Perform daily and periodic review (surveillance) of personnel trading and account activities using our proprietary surveillance tool, vendor systems, statements, and reports.
- Conduct and document reviews and address findings with personnel and supervisors to understand circumstances and provide appropriate guidance.
- Perform conflict reviews to identify trends and areas of potential risk.
- Administer and maintain systems and reports to support surveillance, disclosure, and other responsibilities within the Employee Compliance Department.
- Collaborate with cross-functional business units to execute stretch projects aligned with Employee Compliance initiatives, driving innovation, and improving interdepartmental processes.
- Support the review and update of relevant sections of the Compliance Manual/Standards
- Participate in industry calls/meetings/committees with colleagues from peer firms and regulators to ensure awareness of new and changing regulatory requirements to determine impact to firm.
- Support Licensing and Registration team with FINRA, NFA, NMLS, State etc. filings.
- Cross train and back-up Monitoring team.
What you have
Required Qualifications:
- BA/BS degree or equivalent experience.
- 5 years’ professional experience in a broker-dealer business, Supervisory or Compliance experience preferred.
- Strong working knowledge of securities industry rules and regulations, applicable policies to and ability to distill practical applications of such rules, regulations, and policies.
- Proficiency with Microsoft Excel and PowerPoint.
Preferred Qualifications:
- Proven ability to identify and solve complex issues in a team environment working with various levels of management and business partners.
- Detail oriented with the ability to juggle multiple tasks of varying degrees of urgency and meet deadlines.
- Prior experience using relevant regulatory systems (e.g. WebCRD, IARD, ORS, NMLS).
- Strong verbal and written communication skills, with the with the ability to communicate and collaborate with all employee levels, including senior management.
- Strong analytical and advanced Microsoft Excel skills.
- Experience with Tableau, Microsoft Excel, and other database management tools such as Microsoft SQL Server.
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
Required Qualifications:
- BA/BS degree or equivalent experience.
- 5 years’ professional experience in a broker-dealer business, Supervisory or Compliance experience preferred.
- Strong working knowledge of securities industry rules and regulations, applicable policies to and ability to distill practical applications of such rules, regulations, and policies.
- Proficiency with Microsoft Excel and PowerPoint.
Preferred Qualifications:
- Proven ability to identify and solve complex issues in a team environment working with various levels of management and business partners.
- Detail oriented with the ability to juggle multiple tasks of varying degrees of urgency and meet deadlines.
- Prior experience using relevant regulatory systems (e.g. WebCRD, IARD, ORS, NMLS).
- Strong verbal and written communication skills, with the with the ability to communicate and collaborate with all employee levels, including senior management.
- Strong analytical and advanced Microsoft Excel skills.
- Experience with Tableau, Microsoft Excel, and other database management tools such as Microsoft SQL Server.
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.