Manager, IT Audits and SOX Compliance

Charles Schwab Inc.; Lone Tree (CO); Hybrid; USD 110,000 - 170,000; Full time

Benefits offered by this job

Bonus opportunities

Job summary

Charles Schwab Corporation in Lone Tree, Colorado, is seeking a Manager to support the IT portions of ICFR and ICOC assessments. This individual contributor role reports to a Senior Team Manager, IT Audits and SOX Compliance, and is located in Lone Tree with Schwab’s Hybrid Work and Flexibility Program.

You will lead preparation and review of assigned assessment portions, collaborate with management, Schwab’s external auditor, and other testing programs, and mentor junior staff to maintain a

Qualifications

• Bachelor’s degree in Accounting, Internal Audit, IS, or IT.
• 4+ years in IT controls testing with SOX; Big 4 exp preferred.
• CPA/CISA/CIA license within 1 year of start.
• Detailed knowledge of SOX or Financial Responsibility Rule requirements.

Responsibilities

• Gain exposure to broker-dealer, bank, and corporate processes through risk assessments and control testing.
• Contribute to IT portions of ICFR/ICOC assessments by applying understanding of Schwab risks and controls.
• Collaborate with Business Process, Integrated control teams, management, and external auditor.
• Self-manage and lead preparation/review of assigned portions with high-quality documentation.
• Assist in remediation planning and deficiency severity evaluations.
• Provide coaching to junior team members and foster a high-performing team environment.
• Support continuous improvement using AI, automation, and data visualization tools.

Skills

IT controls testing

SOX knowledge

Risk assessment

Education

Bachelor’s degree in Accounting, Internal Audit, Information Systems, or Information Technology

Job description

Your Opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

The Sarbanes-Oxley Compliance Office (SCO) performs risk assessment, scoping, testing, concluding, and results reporting for the annual assessments of management’s Internal Control over Financial Reporting (ICFR) for SOX and FDICIA, and for the annual assessment of management’s Internal Control over Compliance (ICOC) for SEA Rule 17a-5. The SCO supports Schwab’s mission by assessing controls addressing the completeness and accuracy of Schwab’s financial reporting, and Schwab’s financial reporting is used to secure capital so the company can meet the needs of our clients. In addition, the SCO assesses ICOC addressing the protection of client assets, which gives clients comfort to invest their assets with Schwab.

The SCO is looking for a Manager to support the Information Technology (IT) portions of the ICFR and ICOC Assessments. This Manager will be responsible for the portions of the assessments that they are assigned to prepare and review, and this position reports to a Senior Team Manager, IT Audits and SOX Compliance. This is an individual contributor role. This position is located in Lone Tree, Colorado, and candidates must be within commuting distance of the Schwab location within a reasonable period after starting in the role to enable participation in Schwab’s Hybrid Work and Flexibility Program.

What you have

• Bachelor’s degree in Accounting, Internal Audit, Information Systems, or Information Technology required
• Four or more years of related work experience in IT controls-based testing required with SOX and Big 4 public accounting experience preferred
• Active CPA license, CISA certification, or CIA certification required within one year of starting
• Detailed knowledge of SOX requirements or the Financial Responsibility Rule requirements

What you'll do:

• Gain exposure to broker-dealer, bank, and corporate processes through robust risk assessments, varied ongoing control testing, and unique project assessments
• Contribute to a risk-based approach to the IT portions of Schwab’s annual ICFR and ICOC assessments by seeking and applying understanding of Schwab’s risks and controls
• Collaborate with the SCO’s Business Process and Integrated control teammates, management, Schwab’s external auditor, and other Schwab testing programs to enhance Schwab’s control environment
• Self-manage and lead the preparation and review of assigned assessment portions, including documenting high-quality work in accordance with team policies, standards, and procedures
• Partner with management to determine how to remediate identified issues and perform deficiency severity evaluations
• Provide more junior team members with education, coaching, and feedback, and monitor their testing progress
• Encourage, participate in, and develop a high performing, engaged, and positive team environment
• Grow your career on a supportive team that holds weekly supervisor one-on-ones, regular skip-level one-on-ones, and triannual formal feedback conversations
• Improve and innovate the SCO’s assessment and operational approaches, including the use of artificial intelligence, automation, and data visualization tools

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.