Managing Director: Advisor Services Compliance

Charles Schwab Corporation Phoenix , AZ 85002

Posted 2 weeks ago

Your Opportunity

Schwab Compliance is seeking a Managing Director to lead the team that provides regulatory support for the Advisor Services business, which offers custodial and trading services to third-party Registered Investment Advisors (RIAs). The successful candidate will oversee the team that provides regulatory guidance to business partners on items such as rule or regulatory advice, support for new or enhanced products and services, and policy exceptions. This role will lead a team of four to five individuals and report to the Vice President, Distribution Compliance.

What you're good at

The successful candidate will have a business sales and operational mentality with a strong strategic orientation. This individual must have the ability to develop strong working relationships within the business divisions, across Corporate Risk Management, and Compliance. Qualified candidates will have shown leadership skills and a track record of managing in a highly regulated environment.

Day to day responsibilities will include:

  • Serving as the primary Compliance subject matter expert for the Advisor Services business.

  • Advising the business on applicable regulatory requirements/expectations, including policies, procedures, and supervisory programs. This role will also be responsible for working with the business on significant initiatives that will expand and/or change the business.

  • Providing independent guidance on regulatory expectation standard methodologies, and challenges as warranted.

  • Actively participating in various committees, and effectively influencing and challenging business leaders when appropriate.

  • Building and maintaining strong working relationships with senior business leadership.

  • Collaborating with peers in Compliance, Legal, and other CRM partners to ensure alignment.

  • Attracting, retaining and developing a strong team of Compliance professionals.

  • Setting high team expectations and driving accountability for performance.

What you have

  • 10-15 years financial regulatory industry experience, preferably at a broker-dealer.

  • 7-10 years with growing leadership responsibility in a compliance, control, or risk management role.

  • Past regulatory experience supporting custodial platforms for independent investment advisors a plus.

  • Extensive knowledge of, and practical experience with SEC and FINRA Rules and expectations, including interpretive guidance.

  • Excellent oral and written communication skills with the ability to influence, partner and collaborate with various groups, including senior management.

  • Shown ability to attract, retain and develop a strong team of Compliance professionals.

  • Demonstrated experience working independently and prioritizing multiple projects based on regulatory risk and business needs.

  • FINRA Series 7, 63, and either 9/10 or 24 licenses highly preferred.

  • Bachelor's degree or equivalent industry business experience.

Why Schwab?

At Schwab, "Own Your Tomorrow" embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We're a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.

Hear from employees: What's it like to work at Schwab!

The benefits of working at Schwab: a package designed to empower your health, wealth, career and life.

Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.

As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)

Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace.

We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.


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Managing Director: Advisor Services Compliance

Charles Schwab Corporation