Job Information
Charles Schwab Risk and Controls Manager in Lone Tree, Colorado
Your opportunity
Corporate Vendor Management at Charles Schwab & Co. is responsible for implementing a firm-wide, end-to-end vendor management process to maximize vendor performance and value. Corporate Vendor Management is responsible for the sourcing, onboarding, risk assessment, monitoring and offboarding of third-parties; and assists Schwab in meeting regulatory and compliance requirements.
As a Manager on the Risk and Controls team in Corporate Vendor Management (CVM), you are responsible for the execution of CVM’s Third-party Risk Assessment and Vendor Due Diligence program activities. In this role, you will follow a risk-based approach to support business partners across the firm in the accurate, efficient, and complete assessment of their third-party inherent risks. Your expertise will aid in your business partner’s visibility and understanding of the risks they incur when working with third-parties and the controls their vendors need to mitigate those risks!
Corporate Vendor Management follows the three lines of defense model for risk governance. You will be a first line of defense partner responsible for compliance with all policies and procedures, as well as all applicable regulatory requirements in the context of the position.
What you’ll do:
Execute risk assessment and oversight activities
Facilitate the assessment of new and review existing third party inherent risk, utilizing questionnaires to collect and document risk ratings
Use your close attention to detail and effective follow up to drive completion of risk assessments and identify obstacles to contracting or continued relationships with third parties
Review completed risk assessments and confirm completion of due diligence prior to agreement signature
Anticipate the effects of decisions on the organization and on other functions
Ensure that all activities and efforts are consistent with Schwab policies and guidelines and in alignment with regulatory guidance
Responsible for adhering to third-party risk metrics supporting completeness, accuracy and timeliness of third-party risk activities
Assists with acquiring data and providing information during Internal Audit Reviews and Regulatory Examinations
Relationship Management:
Build and maintain good working relationships with colleagues in other functions, including Bank Outsourcing and Oversight Management, Corporate Risk Management teams, and other internal business partners.
What you have
3+ years professional experience ideally in vendor management, risk management, internal audit
2+ years of experience working in a regulated financial services environment
Ability to work independently with close attention to detail with a record of tracking and measuring results
Demonstrated ability to handle ambiguity, while implementing new requirements
Must be able to build positive relationships throughout the organization
Knowledge of internal controls, financial/banking regulations, operational risk and/or vendor due diligence is a plus
Excellent interpersonal, verbal and written communication skills
Bachelor’s degree or equivalent professional experience is required
Proficiency in Excel and other Microsoft Office applications is required, and experience with Ariba Cloud and Hiperos is preferred
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
CO Salary Range: USD $81,800 - $167,200 / Year
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 applicantaccessibility@schwab.com or call 800-275-1281.
Charles Schwab
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