Charles Schwab 2nd line Compliance Testing Director in Westlake, Texas


Westlake - TX, TX2050R, 2050 Roanoke Road, 76262-9616

Debra Andrea Mandell


We believe that , when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck at over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Our 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. We accomplish this through providing advice and guidance regarding the applicability of rules and regulations, advice on policies, procedures and controls, and reviewing advertising and other communications with the public.

We are currently offering the opportunity for a dynamic and engaging Compliance Professional to join the leadership team, as a Managing Director, responsible for risk-based compliance testing efforts. The Managing Director will execute all facets of the testing cycle including development of the annual test plans, defining test scopes, execution of test steps, and reporting & socialization of test results. The Managing Director will remain current on regulatory developments, enterprise wide policies and procedures, as well as develop and foster strong partnerships across Compliance, Legal, Corporate Risk Management, and business partners.

What you’ll do:

  • Provide day to day leadership of our geographically diverse testing team;

  • Coordinate with other testing leaders to manage the timely completion of the annual testing plan and schedule;

  • Draft and review testing scopes, work papers, testing results, and examination reports of team members, and verify reports are issued in a timely manner, including the validation of all corrective actions;

  • Train new team members on role and responsibilities, actively develop team members to help strengthen succession bench, maintain focus on engagement of team and ways to strengthen if/when needed;

  • Generate and present report statistics; and

  • Continually evaluate the need for enhancements to the Centralized l Compliance Testing Program, and coordinate testing efforts across other 2 nd & 3 rd line of defense testing/audit groups.

What you have:

  • At least -10 years of experience within the financial services or a similar industry with a thorough understanding of financial holding company, bank, broker-dealer and investment advisory businesses as well as testing standards/methodologies.

  • 5 years of experience in a leadership role leading exempt staff.

  • Experience hiring and leading teams of compliance examiners performing testing activities at the corporate enterprise level.

  • Comprehensive understanding of FRB, SEC, Banking, Privacy, Anti-Money Laundering and FINRA rules and regulations including compliance risk management principles, the Investment Advisers Act and securities industry practices.

  • Experience developing and implementing compliance risk management practices that conform to regulatory guidance and expectations.

  • Familiarity with the execution of Second Line of Defense compliance testing.

  • Proven ability to independently identify opportunities for improvement and enhance overall Compliance programs.

  • Proven ability to identify and solve complex issues in a team environment working with various levels of management and business partners; able to influence senior level leaders regarding matters of significance and time sensitivity.

  • Exceptional writing skills including the ability to draft examination scopes and edit examination reports identifying compliance risk issues to relevant business areas; exceptional verbal skills.

  • Thorough understanding of the role of Compliance and the relationship between Compliance and business partners.

  • Ability to work independently and manage multiple complex issues with competing priorities.

  • BA/BS degree required, advanced degree preferred.

  • Professional licensing and/or compliance certifications preferred (e.g. FINRA Series 7, Investment Advisor Representative, and CAMS).

What you’ll get:

  • Comprehensive Compensation and Benefits package

  • Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts

  • Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program

  • Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions

  • Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships

  • Not just a job, but a career, with an opportunity to do the best work of your life

Learn more about Life@Schwab at" .

Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at 800-725-3535. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab's hiring decisions. All other submissions should be performed online.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: None

Relevant Work Experience: Internal Audit, Regulatory, Risk Analysis, Compliance

Position Located In: TX - Austin, IL - Chicago, TX - Westlake

Education: BA/BS

Job Type: Full Time


Activation Date: Thursday, November 8, 2018

Expiration Date: Monday, December 10, 2018

Apply Here