Director, Wealth Management Compliance

Charles Schwab; Austin (TX); On-site; USD 150,000 - 230,000; Full time

Benefits offered by this job

401(k) with company match

Paid time off; volunteering and sabbat

Parental leave

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab in Austin, TX seeks a senior wealth management compliance professional to provide expert guidance on regulatory and internal policy matters across Schwab’s advisory programs.

You will influence strategic initiatives, monitor regulatory adherence, and partner with Chief Compliance Officers to enhance programs for Schwab and SWAI. The role emphasizes identifying complex issues and driving effective compliance solutions.

Qualifications

• 10+ years in wealth management compliance, risk, and/or audit.
• In-depth knowledge of the Investment Advisers Act of 1940 and relevant securities laws.
• Experience advising registered investment advisers and wrap program sponsors.
• Experience leading strategic initiatives and cross-enterprise projects.

Responsibilities

• Provide high-caliber compliance guidance on Schwab’s wealth management topics.
• Influence compliance, regulatory, and business initiatives; propose solutions that advance the business.
• Execute monitoring activities for regulatory requirements and internal policies.
• Partner with adviser Chief Compliance Officers to ensure robust programs for SWAI and Schwab.
• Identify and resolve complex compliance issues, including ambiguous matters.
• Interpret laws and assess regulations affecting wealth management operations.
• Review Form ADV and marketing disclosures.
• Support internal audits, risk assessments, and regulatory exams.
• Contribute to additional projects as needed.

Skills

Regulatory guidance

Compliance monitoring

Policy development

Stakeholder management

Audit collaboration

Strategic thinking

Communication skills

Education

Bachelor's degree

Advanced degree preferred

IACCP designation

FINRA 65/66 licenses

Job description

Primary Responsibilities

• Utilize broad and deep knowledge to provide high caliber compliance advice and guidance on a variety of topics associated with Schwab’s wealth management business
• Influence and strategically guide compliance, regulatory, and business initiatives associated with Schwab’s advisory programs, recommending creative solutions that advance the business
• Execute compliance monitoring activities for adherence to regulatory requirements and internal policies
• Partner with the adviser Chief Compliance Officers to ensure comprehensive and robust compliance programs for SWAI and Schwab, identifying opportunities for enhancement and increased efficiency
• Identify, investigate, and assist in the resolution of potential compliance issues, including those that are the most complex and ambiguous
• Interpret and assess laws, rules, and regulations affecting the operation of the wealth management organization
• Review adviser disclosure documents (e.g. Form ADV) and marketing collateral
• As needed, support and participate in internal audits, risk assessments, and relevant regulatory exams
• Contribute to additional projects and tasks based on business and Compliance needs

What you have

Relevant Education and Work Experience

• 10+ years of direct wealth management compliance, risk, and/or audit experience with broad and deep knowledge of the Investment Advisers Act of 1940, and relevant federal and state securities laws, rules, and regulations
• Experience providing advice and guidance to registered investment advisers and wrap fee program sponsors, with expertise in managing compliance risk effectively
• Previous involvement in strategic initiatives and significant projects, including those involving senior leaders across an enterprise
• Other relevant wealth management experience may be considered

Skills

• Exceptional at analyzing and creatively solving ambiguous and complex matters with an understanding of how those solutions impact the broader ecosystem
• Excel at developing strong and meaningful networks and partnerships across the organization, establishing trust and confidence with a diverse group of stakeholders
• Adept at influencing outcomes, thinking strategically, and proactively taking initiative
• Comfortable working independently and as a member of a geographically dispersed team
• Highly organized and meticulous, collaborative, and excited to continually learn in a dynamic and growing organization
• Change leader with a positive attitude and forward-thinking approach
• Superb writing, verbal, and interpersonal skills that are effective with a variety of audiences
• Outstanding judgment, strong work ethic, thought leadership, and unwavering integrity

Preferred Qualifications

• Bachelor’s degree, with advanced degree or education viewed favorably
• Investment Adviser Certified Compliance Professional (IACCP®) designation or FINRA Series 65 or 66 licenses a plus
• Knowledge of ERISA, relevant tax laws, FINRA rules, and Regulation Best Interest
• Experience participating in, and presenting to, internal governance committees
• Strong understanding of Schwab’s product landscape, including product creation and distribution channels

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact.

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