Senior Manager, Regulatory Liaison Office
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 Westlake, TX. This role is expected to be in the office 4 days a week.
The Regulatory Liaison Office’s (RLO) mission is to drive an informed, efficient, and effective regulatory engagement program by serving as a central point of contact for all regulatory risk matters. The RLO’s vision is to be a trusted liaison with Schwab business partners and with our regulators by encouraging clarity, communication and credibility to support Schwab’s businesses as they help our clients Own Their Tomorrow.
The Regulatory Exam Team is responsible for the coordination of regulatory activities, supervising regulatory developments, and to aid the analysis or response to proposed and new regulations or supervisory guidance.
As a Senior Manager, Regulatory Liaison Office you will support broad areas of regulatory focus including Finance, and Risk Management.
Responsibilities include:
- Support the RLO Regulatory Exam Team in providing subject matter expertise on prudential supervisory expectations across various risk stripes: financial, compliance, technology, operational, etc.
- Assist in preparing leadership for prudential and state regulatory interactions such as virtual & in-person routine continuous monitoring meetings and exams.
- Help produce impact analyses of developments and trends in state and federal regulatory landscape to navigate changes to Schwab.
- Take part in exam coordination and administration, including exam request and response tracking, meeting facilitation, and submissions support.
- Provide ongoing consultation to internal stakeholders on internal risk and performance practices and external opportunities for banking policy advocacy
- Assist in special projects and other regulatory examinations of subsidiaries
- Collaborate extensively with peers in Legal, Internal Audit, Corporate Risk Management, and First Line Business Units.
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:
- Bachelor’s degree or equivalent experience required.
- 5+ plus years of regulatory experience, ideally with a Prudential Financial regulator or working in a financial institution.
- Prior experience interacting with regulators in a previous position required.
- In-depth knowledge of regulatory examination framework, regulatory laws, supervisory guidance.
- In-depth knowledge of effective risk management practices and the applicability to a large financial firm pertaining to capital, liquidity, market and interest rate risk.
- Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.
Preferred Qualifications:
- Advanced degree with financial related certifications such as CFA, CPA, FRM, etc.
- Strong interpersonal, written, and communication skills to develop and maintain relationships with key business partners and at all levels of the firm.
- Excellent judgment and critical thinking in order to provide sound strategic advice to business partners.
- Excellent quantitative skills and expertise.
In addition to the salary range, this role 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
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:
- Bachelor’s degree or equivalent experience required.
- 5+ plus years of regulatory experience, ideally with a Prudential Financial regulator or working in a financial institution.
- Prior experience interacting with regulators in a previous position required.
- In-depth knowledge of regulatory examination framework, regulatory laws, supervisory guidance.
- In-depth knowledge of effective risk management practices and the applicability to a large financial firm pertaining to capital, liquidity, market and interest rate risk.
- Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.
Preferred Qualifications:
- Advanced degree with financial related certifications such as CFA, CPA, FRM, etc.
- Strong interpersonal, written, and communication skills to develop and maintain relationships with key business partners and at all levels of the firm.
- Excellent judgment and critical thinking in order to provide sound strategic advice to business partners.
- Excellent quantitative skills and expertise.
In addition to the salary range, this role 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.
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.