Senior Specialist, Global Sanctions
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 position is within the Global Sanctions department, part of the Financial Crimes Risk Management (FCRM) organization. The department is responsible for assessing sanctions risk, upholding U.S. and other applicable sanctions regimes, and ensuring that the firm is well positioned to navigate the increasingly complex sanctions landscape and to adapt to future sanctions programs. The team uses a suite of tools to screen and review the firm’s clients, along with their transactions and securities. The team is also responsible for the management and oversight of these tools, including access, tuning, and data governance. With firm-wide responsibility for sanctions compliance, the Global Sanctions team serves as the firm’s focal point for all sanctions strategy, processes, and procedures, and represents Schwab in sanctions-related discussions with peer financial institutions and industry groups.
What you’ll do:
- Ensure Schwab remains compliant with all relevant sanctions regulations, to include the screening of Schwab clients, vendors, securities, and transactions against all appropriate sanctions watchlists.
- Identify red flags that may be associated with sanctions evasion, money laundering, and/or terrorist financing.
- Engage and collaborate across business lines to enhance existing sanctions screening tools and identify and implement additional processes as needed.
- Keep abreast of regulatory changes and appropriately document policies, procedures, and investigative outcomes
- Communicate verbally and in writing with various business contacts and stakeholders regarding a range of sanctions-related issues.
- Prepare reports and escalate significant risks and issues in a timely manner.
- Support all components of the Global Sanctions team, as needed, which may include projects with a focus on operational, strategic, or technology needs.
- Support firm-wide training efforts related to sanctions compliance.
This role is required to be in-office 4 days a week, Fridays from home and the set shift is 9am-5:30pm CT.
#FCRM
What you have
Required Qualifications:
- Desire to be viewed as a subject matter expert at all levels, both within FCRM and by our business partners.
- Critical thinking skills and a track record of taking ownership and driving solutions on complex assignments with regulatory or audit implications.
- Three to five years of experience in the financial services industry or a working knowledge of banking/broker-dealer businesses and securities/banking industry regulations and practices.
- Knowledge of U.S laws and regulations applicable to U.S. sanctions; familiarity with the U.S. Treasury Department’s Office of Foreign Assets Control.
- Outstanding written, verbal, and interpersonal communication skills with demonstrated ability to communicate effectively with all levels of an organization.
- Excellent PC skills and comfort learning new systems and tools.
- Demonstrated ability to identify and solve complex issues in a team environment working with various levels of management and business partners.
- Positive attitude, enthusiasm, and strong work ethic with high level of integrity and ethics.
- Ability to prioritize effectively in a fast-paced environment and function in a professional manner under pressure.
- A bachelor’s degree preferred or equivalent business experience.
Preferred Qualifications:
- FINRA series 7 registration
- CAMS, CFCS, CGSS, or similar certification
What’s in it for you
At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. 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:
- Desire to be viewed as a subject matter expert at all levels, both within FCRM and by our business partners.
- Critical thinking skills and a track record of taking ownership and driving solutions on complex assignments with regulatory or audit implications.
- Three to five years of experience in the financial services industry or a working knowledge of banking/broker-dealer businesses and securities/banking industry regulations and practices.
- Knowledge of U.S laws and regulations applicable to U.S. sanctions; familiarity with the U.S. Treasury Department’s Office of Foreign Assets Control.
- Outstanding written, verbal, and interpersonal communication skills with demonstrated ability to communicate effectively with all levels of an organization.
- Excellent PC skills and comfort learning new systems and tools.
- Demonstrated ability to identify and solve complex issues in a team environment working with various levels of management and business partners.
- Positive attitude, enthusiasm, and strong work ethic with high level of integrity and ethics.
- Ability to prioritize effectively in a fast-paced environment and function in a professional manner under pressure.
- A bachelor’s degree preferred or equivalent business experience.
Preferred Qualifications:
- FINRA series 7 registration
- CAMS, CFCS, CGSS, or similar certification
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.