Senior Manager for Internal Audit

Charles Schwab is a different kind of investment services firm – one that strives to disrupt the status quo of the traditional Wall Street approach on behalf of our clients. We believe today, as we did on Day 1, that when you find ways to improve the investing experience for your clients, then business results will follow.

The Internal Audit Department (IAD) provides independent and objective assessments of the effectiveness of risk management activities and the internal control environment. Reporting to the Internal Audit Managing Director of Bank / Retirement Plan Services (RPS) / Anti-Money Laundering (AML), the Senior Manager will have responsibility for the independent and objective assurance activity designed to improve the organization’s operations by evaluating and improving the effectiveness of risk management, control, and governance processes. This position is also responsible for liaising with the firm’s risk management functions, external co-sourcing provider, and regulators.

* Assist in the management of a co-sourced team of internal audit professionals ensuring work is performed in accordance with Institute of Internal Auditors (IIA) standards and is consistent with the businesses Charter and Policies and Procedures. * Direct and supervise the design and successful execution of audits included in the internal audit plan and provide strategic and proactive consultation in identifying risk exposures and in evaluating solutions for internal control weaknesses and regulatory compliance issues. * Review key internal audit work papers, including planning documents and audit reports, to ensure clear identification and communication of risks and issues prior to presentation to senior management. * Participate in maintaining business relationships with appropriate levels of management ensuring Internal Audit is aware of key changes to business activities and objectives for appropriate response. * Continuously monitor for changes in the business that may affect the risk environment and, therefore, require possible changes to the audit plan or to the scope of planned audits. * Identify themes, trends, and emerging risks for escalation and communication to executives, audit, and risk committees. * Provide a thoughtful, risk-based perspective, especially as it relates to the bank and trust company enterprises, and help oversee all parts of the internal audit program including, but not limited to, risk assessment, audit plan development, audit plan execution, continuous monitoring, and project reviews. * In coordination with the Information Technology (IT) audit team, promote the increased use of data analytics techniques to evaluate large data sets for trends and anomalies. * Address issues during the internal audit process by gathering facts, developing potential solutions, determining the best solutions, and implementing an action plan to solve the problem. * Evaluate the adequacy and timeliness of management's response and the corrective action taken on all significant weaknesses noted in the report. * Participate and/or lead special audits as requested by Executive Management or the Audit Committee according to the Internal Audit Charter and Policies and Procedures. * Participate in departmental strategic initiatives and projects, as requested by the Managing Director and/or EVP of Internal Audit.

* 5-8+ years of financial services-related audit experience with increasing responsibility. Bank and/or Trust specific internal audit and/or similar Big 4 Accounting or regulatory experience a plus. * Demonstrated experience managing internal audits and their associated team members, amongst a complex operational and regulatory environment * Ability to lead a project team and cultivate a strong working relationship with external co-sourcing provider, regulators, and internal lines of businesses. * CIA, CFSA, CRCM, CAMS or other applicable financial services and/or risk management certifications preferred. * Stays current on industry and regulatory issues and best practices for assigned areas; imparts this knowledge to the team and the auditees. * Excellent analytical skills, including the ability to anticipate issues and to design appropriate solutions * Strong verbal and written communication skills with a demonstrated ability to articulate effectively and professionally. * Leverages relationships and insights to successfully influence others. Builds authentic and trusted relationships to create alignment and support. * Thrives on initiating, building and cultivating strong relationships inside and outside advancing the goals and the future of the company; highly collaborative; comfortable with debate and willing to challenge the status quo; navigates and activates alignment across organizational silos and upward two+ levels.