Managing Director & Deputy Chief Counsel - Commercial Transactions

Charles Schwab

4

(159)

Westlake, TX

Why you should apply for a job to Charles Schwab:

  • 4/5 in overall job satisfaction
  • 67% say women are treated fairly and equally to men
  • 75% would recommend this company to other women
  • 69% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • After 5 years of service at Schwab, employees are eligible for one month of Sabbatical leave.
  • Paid parental leave and reimbursement to help offset adoption or surrogacy expenses for eligible employees.
  • Mentorship program opportunities and competitive tuition reimbursement program to invest in employees’ success.
  • #2025-117672

    Position summary

    tegy, workflows, and best practices across the enterprise.

    • Serve as the primary liaison with Corporate Vendor Management and other key stakeholders to optimize contracting processes.

    • Lead negotiations for high-value, high-risk, or escalated commercial agreements, including technology, intellectual property, outsourcing, and market data contracts.

    • Review and finalize agreements to ensure compliance with regulatory standards and firm policies.

    • Supervise and mentor a team of commercial attorneys and legal professionals, ensuring workload balance and professional growth.

    • Establish performance objectives, OKRs, and KPIs for team members.

    • Collaborate with Risk Management, Compliance, and other control functions to align contracts with the firm's risk appetite.

    • Stay current on regulatory developments and industry best practices impacting commercial transactions.

    • Partner with business units, sourcing managers, and legal subject matter experts to support strategic initiatives, including new products, technology procurement, and IP management.

    • Lead and mentor the team in adopting and effectively using AI-enabled legal tools (e.g., for contract review, risk analysis, workflow automation), ensuring alignment with Legal Department objectives.

    • Develop metrics and feedback loops to measure the impact of efficiency initiatives including AI adoption on transaction speed, quality, and risk management, and use insights to refine practices.

    What you have

    • Juris Doctor (JD) and admission to practice law in relevant jurisdiction.

    • 15+ years of experience in commercial transactions, preferably within financial services.

    • Proven track record in negotiating complex agreements and managing legal teams.

    • Strong knowledge of technology, IP, data protection, and regulatory frameworks.

    • Competency in change management including guiding teams through digital transformation initiatives.

    • Strategic thinking and ability to influence at the executive level.

    • Exceptional negotiation and communication skills.

    • Commitment to operational excellence and continuous improvement.

    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 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

    Why you should apply for a job to Charles Schwab:

  • 4/5 in overall job satisfaction
  • 67% say women are treated fairly and equally to men
  • 75% would recommend this company to other women
  • 69% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • After 5 years of service at Schwab, employees are eligible for one month of Sabbatical leave.
  • Paid parental leave and reimbursement to help offset adoption or surrogacy expenses for eligible employees.
  • Mentorship program opportunities and competitive tuition reimbursement program to invest in employees’ success.