Manager, Compliance Retail Testing

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.

Compliance partners with the business to advance strategic priorities by promoting practices that strengthen client trust and protect the firm’s integrity.

We are seeking a dynamic, engaging Compliance Manager to conduct testing of branch and non-branch locations. In this individual-contributor role, the Manager will assess whether internal controls, policies, procedures, and systems are effective and adequate to support and monitor compliance with applicable regulatory requirements. The Manager will stay current on regulatory developments and enterprise policies and procedures while building strong partnerships across Compliance, Legal, Corporate Risk Management, and the business.

The Compliance Manager will:

• Execute standardized testing programs that address applicable internal and regulatory requirements and follow established compliance testing policies and procedures.

• Perform remote and onsite compliance testing and interview personnel to assess whether internal controls support compliance with regulatory requirements and corporate policies.

• Conduct testing of Residential Supervisory Locations (RSLs) and Home Offices of Supervisory Jurisdiction (OSJs).

• Complete assigned risk-based testing in accordance with the annual testing plan and clearly document conclusions about control effectiveness.

• Verify that testing findings are appropriately addressed and that corrective action plans are completed in accordance with corporate policies and applicable regulatory requirements.

• Communicate testing results to business and Compliance management, both verbally and in writing, and support timely completion and validation of corrective actions.

• Maintain current knowledge of self-regulatory organization rules, including FINRA, SEC, and NFA requirements, as well as applicable federal and state regulations.

What you have

Required Qualifications:

• At least five years of financial services experience, with a general understanding of financial holding companies, banks, broker-dealers, investment advisers, and testing standards and methodologies.

• Knowledge of FRB, SEC, FINRA, NFA, OCC, privacy, and anti-money laundering requirements.

• Experience executing Second Line of Defense compliance testing and applying compliance risk management principles.

Preferred Qualifications:

• Bachelor’s degree or equivalent experience.

• Relevant professional licenses or compliance certifications, such as FINRA Series 7 or 66, Investment Adviser Representative, CRCP, or CAMS.

• Ability to independently identify opportunities to strengthen Compliance programs.

• Sound judgment and the ability to promote a strong risk management culture across business practices.

• Effective interpersonal skills and the ability to communicate clearly, verbally and in writing, with employees at all levels of the organization.

• Strong time management, organizational, and prioritization skills, with the ability to complete multiple assignments accurately under tight deadlines.

• Proactive, self-directed approach to work.

• Ability to set and manage priorities effectively.

• Collaborative mindset and ability to build strong partnerships.

• Strong written and verbal communication skills.

• Proficiency with Microsoft Office applications, including Word, Excel, and PowerPoint.

• Ability to travel approximately 15% annually, generally up to one week per month.

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 (https://www.schwabjobs.com/hybrid-work) 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 (https://www.schwabjobs.com/summary-of-benefits) 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’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

Schwab is an affirmative action employer, focused on employing and advancing in employment, qualified women, racial and ethnic minorities, protected veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at [email protected] or call 800-275-1281.