Senior Risk & Control Analyst

Your Opportunity

Supervision and Controls is an independent group responsible for providing supervisory support through direct supervision, escalation, oversight, analysis and supervisory risk assessments to Schwab’s Investor Services (retail) group. Supervision and Controls’ vision is to be a trusted independent partner of all Schwab stakeholders that promotes business growth through effective risk management. We strive to improve business outcomes by providing and applying practical, consistent, effective and unbiased risk guidance that is grounded in a deep understanding of business goals as well as the regulatory and industry environment.

Workplace Flexibility Program: We're proud to support our employees in a working approach that allows you to bring your best self to work – whether that’s in the office or remote.

• Most Schwabbies have the opportunity to voluntarily work in the office or at home based on their preference.
• When the firm is ready to fully return to the office, employees will have the flexibility of a hybrid work environment, spending some time working remote and some time in the office.
• Employees and managers can discuss and decide what works best for them, with additional flexibility available based on their role, business needs, and individual circumstances.

*Subject to change as Schwab is continually evaluating the current environment in order to best care for the safety and well-being of our employees.

What you are good at

The Sr. Risk and Control Analyst for the Branch Network will review reporting outputs to identify trends, patterns and/or issues to support the supervisory oversight of a branch location or a registered representative. The Sr. Risk and Control Analyst will be responsible for completing portions of PBS for their assigned branches regarding sales practices, operational analysis and registered representative reviews. They will work in close partnership with the Risk and Supervision Officer and strive to improve supervisory outcomes by providing practical, consistent, effective and unbiased risk guidance that is grounded in a deep understanding of business goals and the regulatory environment. Work includes monthly and quarterly reviews of branch activities. Secondary responsibilities will be to perform investigative reviews across the business, provide supervisory perspective on emerging trends and lead project work streams to evolve the RCA team.

• Performing data and risk analysis by synthesizing that information for follow-up and reporting
• Identifying, escalating and addressing issues, potential trends and outlier behaviors
• Completion and reporting of monthly branch PBS assigned to their review
• Provide ongoing feedback on reporting to assist with identification of sales practices issues and creation of efficiencies
• Work in close partnership with the Relationship Manager to provide consistent, effective and objective risk guidance based on a deep understanding of regulatory and firm policy.
• Creating and maintaining strong internal relationships with key partners: Compliance, Legal, Partner Support, NSD, CAT and others
• Assisting in identifying, assessing, and recommending improvement to the core processes
• Delivering outstanding business results

What you have

• 5 + years of experience in a financial services with at least 3 years of supervision experience, with preferred supervision of managed products and solicitation of securities
• A robust knowledge of FINRA Rule 2110, Reg BI and the broader regulatory environment
• Proven ability to identify risk, provide a supervisory perspective and summarize findings related to sales practices
• Superior written and verbal communication skills, including being able to synthesize data, develop recommendations and influence partners
• Familiarity with PBS execution and related supervisory resources such as SASR, Salesforce, RFI, iConsole and Insight
• Advanced technical skills, including proficiency in MS Office and the ability to learn new programs
• Preferred working knowledge of Schwab internal systems, tools, and resources; including but not limited to Client Central, Salesforce and Knowledge Center
• Ability to gain the respect, trust and support of leadership, partners and peers
• Strong ability to multi-task, adhere to strict timelines and easily adapt to change
• Proven analytical skills with a level of attention to detail in order to adhere to policies, procedures and guidelines
• Ability to work with minimal oversight of day to day responsibilities
• Active FINRA Series 7 & 66 required /Active FINRA Series 8 (9/10) required

*** In addition to the salary range, this role is also eligible for bonus or incentive opportunities.**