Charles Schwab Operational Risk Manager in Chicago, Illinois


Chicago - IL, BRILLP, 150 S Wacker Dr, 60606-4111

Axle J Marcoline


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.

Our Opportunity:

Charles Schwab Investment Management (CSIM) is the asset management arm of the Charles Schwab Corporation, and has over $320 billion under management in mutual funds and ETFs. Products managed include a wide variety of active and indexed equity, fixed income, and asset allocation strategies, as well as money markets funds. CSIM uses a consistent and disciplined approach to investing across all our products and seeks to develop innovative new products to meet the core investing needs of our clients.

  • Build strong relationships with internal and external business partners and have the ability to effectively communicate sound rationale for risk assessments and mitigation recommendations in a poised, diplomatic, and articulate manner

  • Be proactive in analyzing and providing risk advisory solutions to solve complex business issues and be intellectually curious in understanding business drivers, systems and technologies

  • Be collaborative with a proven ability to effectively maneuver through the various levels in the organization, influence and engage business partners to keep up with CSIM’s growth

  • Demonstrate proven ability to execute on deliverables in a fast-paced environment and manage multiple complex projects simultaneously across different functional groups

  • Embody CSIM’s values with a sense of ownership, commitment to excellence, and cultivate a culture of trust and mutual respect in a cohesive and high performing team environment

What you’ll do:

  • Perform operational risk management activities, including ensuring CSIM’s system of controls is working appropriately and any operating events or errors are remedied quickly, performing root cause analysis and ensuring appropriate steps are taken to mitigate any further risk to the organization

  • Partner with business owners on the management of day-to-day operational risk, provide recommendations to enhance business processes as appropriate, and assist with any cross-functional review and oversight activities as needed

  • Conduct and operational risk assessments and participate in the identification of possible people, process, technology changes within the immediate organization to improve the business

  • Liaise with the Schwab Corporate Operational Risk organization to ensure CSIM meets all of the corporate risk standards, which may include Key Risk Indicators, Key Risk Profiles, Risk Control Self Assessments, Scenario Analysis, and other corporate operational risk requirements as needed

  • Responsible for developing, enhancing, and providing appropriate training to mitigate and improve CSIM’s operational risk environment

  • Be a valuable and collaborative partner to other Policies and Controls teams on their oversight and risk management activities

To learn more about the culture at Schwab, click here to meet our people at .

What you have:

  • Bachelor’s degree required. A degree in Business or Finance preferred. Advanced degree such as MBA or professional designation such as CPA a plus.

  • The candidate should have 3+ years of experience in a risk, supervision/controls, compliance, or audit function. This experience should include: writing, maintaining, testing, auditing, and revising policies and procedures; and analyzing data and preparing solutions based on sound facts and findings

  • Additional experience working for an investment management company with an emphasis on controls, trading systems and operating guidelines is preferred

  • Self-starter with can-do attitude who can build relationships and influence effectively within a matrixed organization

  • Ability to work independently and proactively, with minimum guidance

  • Ability to work on multiple projects simultaneously while prioritizing based on risk/business needs

  • Effective organizational and time management skills

  • Strong written and verbal communication skills; demonstrated presentation skills

  • Outstanding written and verbal communication skills with demonstrated ability to communicate effectively with all levels of an organization

  • Experience with risk management systems such as Open Pages, Archer, Paisley, etc. preferred

  • Strong Microsoft Office skills including Excel and PowerPoint require

This is a summary only and duties and responsibilities may be changed from time to time, or over time

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: 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/affirmative action employer committed to diversifying its workforce. All applications are considered without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status (disabled veterans, recently separated veterans, active duty wartime or campaign badge veterans, Armed Forces service medal veterans), or based on any individual's status in any group or class protected by applicable federal, state or local law.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: None

Relevant Work Experience: Investment Management - 2-5 yrs, Financial Services-2-5 yrs, Risk Analysis

Position Located In: IL - Chicago

Education: BA/BS

Job Type: Full Time

Category:Risk Management

Activation Date: Tuesday, May 15, 2018

Expiration Date: Wednesday, June 27, 2018

Apply Here