Manager, Internal Audit- Bank

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.

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location.

The Internal Audit Department (IAD) of The Charles Schwab Corporation provides independent and objective assessments to determine whether all significant risks are identified and appropriately reported by management and risk functions to the Board and Executive Management, to evaluate whether risks are adequately controlled, and to challenge Executive Management to improve the efficiency of governance processes, risk management, and internal controls.

We have a full-time position available for a Manager, within our Bank Audit team, which focuses on the execution of Bank specific and multiple enterprise audits that target internal controls and regulatory compliance. Charles Schwab has three chartered banks that service clients, with audits covering areas such as governance, risk management, money movement activities, credit, and deposit and lending products that are offered to our clients.

Reporting a Director on the Bank enterprise team, the Manager will have responsibility for assisting in the independent and objective assurance activities designed to improve the organization’s operations and compliance with key regulations by evaluating and improving the efficiency of risk management, control, and governance processes.

What you will do:

• Audit Execution: Participate in the planning and execution of internal audit assignments, ensuring work is performed in accordance with IIA standards and IAD policies and procedures. Responsibilities include but are not limited to scheduling; participating in and leading meetings with stakeholders; scoping discussions; drafting of audit deliverables; designing and executing test plans; preparing and/or reviewing workpapers to ensure clear identification of risks and issues; and providing proactive consultation in identifying risk exposures.
• Issues Identification: Review and /or draft audit observations and subsequent debriefings with the key stakeholders.
• Issue Management and Validation: Conduct reviews of and assist with validation testing of the audit issue action plans completed by the business.
• Administration/Training: Completion of firm-wide and departmental administration and training requirements.
• Other Initiatives/Special Projects: As needed, assist with special projects related to business operational improvement or internal team needs.

What you have

To ensure that we have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.

Required Qualifications

• 3 - 6+ years of financial services-related audit experience with growing responsibility. Bank experience specific to internal audit and/or similar Big 4 accounting or regulatory experience a plus.
• Demonstrated experience performing internal audits amongst a complex operational and regulatory environment.
• Ability to work as a member of a team and cultivate strong working relationships with internal lines of businesses.
• Understanding of risks and internal controls and the ability to evaluate the adequacy and efficiency of controls.
• Excellent analytical skills, including the ability to anticipate issues and to design appropriate solutions.
• Strong verbal and written communication skills with the ability to articulate effectively and authoritatively.
• Initiative to stay current on industry and regulatory issues and standard methodologies.
• CIA, CFSA, CFE strongly preferred. Certifications in process and other relevant certifications will be considered.
• Bachelor’s degree.

In addition to the salary range, this role is also eligible for bonus or incentive opportunities

What you are good at

What you have

To ensure that we have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.

Required Qualifications

• 3 - 6+ years of financial services-related audit experience with growing responsibility. Bank experience specific to internal audit and/or similar Big 4 accounting or regulatory experience a plus.
• Demonstrated experience performing internal audits amongst a complex operational and regulatory environment.
• Ability to work as a member of a team and cultivate strong working relationships with internal lines of businesses.
• Understanding of risks and internal controls and the ability to evaluate the adequacy and efficiency of controls.
• Excellent analytical skills, including the ability to anticipate issues and to design appropriate solutions.
• Strong verbal and written communication skills with the ability to articulate effectively and authoritatively.
• Initiative to stay current on industry and regulatory issues and standard methodologies.
• CIA, CFSA, CFE strongly preferred. Certifications in process and other relevant certifications will be considered.
• Bachelor’s degree.

In addition to the salary range, this role is also eligible for bonus or incentive opportunities