Phoenix - AZ, PHXPEAK, 2423 E Lincoln Dr, 85016-1215
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 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.
As a direct report to the Managing Director of the Risk Assessment team, you will be a part of a team charged with coordinating and supporting the periodic Financial Crimes Compliance Risk Assessments (Fraud, Anti-Bribery, BSA/AML and OFAC/Sanctions) and associated policies and procedures in a manner consistent with regulatory requirements, industry standards and law enforcement recommendations. This includes collecting and analyzing data, working collaboratively with Compliance Department partners, including the Deputy OFAC Officer, BSA/AML Officers and Deputies for various Schwab entities, interviewing and engaging senior business and control function managers, and ensuring the timely completion of Risk Assessment deliverables, among other actions. The Senior Manager will also identify additional areas of opportunities to enhance analytics and metrics reporting as it applies to the data used throughout the Risk Assessment process.
What you’ll do:
Assist in/coordinate the development and enhancement of annual Risk Assessments to ensure relevant inherent risks and mitigating controls are identified.
Evaluate the Risk Assessment results and use them to drive improvements in the program as well as draft and implement recommendations for enhancement.
Maintain templates and other documentation in preparation for Risk Assessment meetings and surveys.
Contribute to the strengthening and alignment of Risk Assessment practices with the Compliance Department.
Leverage any gaps or weaknesses identified in the Risk Assessment and propose process and policy changes to strengthen compliance and mitigate risk.
Draft clear and concise reports on the results of the Risk Assessments for executive level consumption.
Act as a contact with business and technology partners to ensure expectations of the Risk Assessment are met.
Assist in the preparation of updates and presentations to regulators and senior management.
Schedule and participate in/facilitate the periodic Risk Assessment meetings with business units/affiliates and record key takeaways.
What you have:
Demonstrated experience in fraud risk management, including a strong understanding of effective detection and prevention methods.
Strong understanding of the Bank Secrecy Act, current anti-money laundering regulatory landscape and related criminal activity relevant to securities businesses, such as securities fraud, insider trading, and market manipulation, among others.
Strong/advanced proficiency using Microsoft Excel (e.g., template creation that utilizes formulas that link information from disparate areas [tabs] throughout the spreadsheet, conditional formatting, macro creation, etc).
Proficiency using Microsoft PowerPoint to develop presentations that include callouts, graphs, flowcharts, and similar methods to convey information succinctly but clearly for executive level consumption.
Experience in the financial services industry (banking and/or securities) with awareness of Fraud, Anti-Bribery, BSA/AML compliance or Risk Management.
Results-oriented and able to quickly sort through information and develop concise and clear strategies and solutions.
Ability to grasp business unit operations, products/services, systems, and associated risks/controls and understand how they mitigate Fraud, Anti-Bribery, BSA/AML and OFAC/Sanctions risk.
Success at working with high-performing, diverse, cross-functional work teams rallied around the strategy.
Excellent verbal, written, and interpersonal communication skills, especially with senior management.
Demonstrated ability to balance competing priorities, workload and deadlines.
Prior experience in the preparation of Fraud, Anti-Bribery, or BSA/AML and OFAC/Sanctions Risk Assessments.
Strong process facilitation, project management, and analytical skills.
Demonstrated ability to analyze issues and develop plans on a systemic level, thinking through potential connections and impact across the Schwab ecosystem, and developing roadmaps to achieve long term vision through short term deliverables
An ability to compile and process data from disparate sources, infer what the information suggests about client behavior and adjust how they are monitored, using advanced metrics to gauge the overall quality of their screening procedures.
Five to seven years of experience in an applicable risk management environment.
Master's Degree considered a plus.
Cyber security knowledge considered a plus.
Certified Fraud Examiner and/or Certified AML Specialist (CAMS) and/or Certified Financial Crime Specialist (ACFCS).
Knowledge of OpenPages platform
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.
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.
||English - spoken
|Current Licenses / Certifications:
|Relevant Work Experience:
|Position Located In:
||AZ - Phoenix
Activation Date: Thursday, January 11, 2018
Expiration Date: Saturday, January 27, 2018