Senior Auditor, Capital Management

Charles Schwab; Westlake (TX); Hybrid; USD 110,000 - 160,000; Full time

Benefits offered by this job

Hybrid work model

401(k) with company match

Paid time off & sabbatical after 5 yrs

Tuition reimbursement

Job summary

The Charles Schwab Corporation's Internal Audit Department is seeking a Senior Auditor to support audits over corporate risks, including capital, liquidity, and market risk. This Senior Specialist will assist in planning, testing, and issue validation while collaborating with Treasury and Risk Management functions.

Reporting to the Corporate enterprise team Director/Senior Manager, you will help enhance governance processes and controls, mentor junior staff, and contribute to cross-functional

Qualifications

• 3-5+ years of financial services-related audit experience with growing responsibility.
• Demonstrated experience performing internal audits in a complex regulatory environment.
• Ability to work as part of a project team and collaborate with external co-sourcing providers and internal lines of business.
• CPA, CIA, CISA strongly preferred. Other relevant certifications will be considered.
• Understanding of risks and internal controls and ability to evaluate adequacy and efficiency of controls.
• Stays current on industry and regulatory issues and shares knowledge with team and auditees.
• Excellent analytical skills and ability to anticipate issues and design solutions.
• Strong verbal and written communication skills.
• Bachelor’s degree is required.
• Ability to travel occasionally, less than 5%

Responsibilities

• Audit Execution: plan and execute internal audit assignments following IIA standards and IAD policies; manage meetings, scoping, deliverables, testing, and work papers.
• Issues Identification: draft audit observations for review with partners.
• Issue Management and Validation: validate business action plans.
• Risk Assessment: participate in annual risk assessment and document risk ratings.
• Coaching: mentor and support audit team members.
• Administration/Training: complete required trainings and admin tasks.
• Other Initiatives/Special Projects: assist with special projects as needed.

Skills

Analytical skills

Verbal communication

Written communication

Education

Bachelor’s degree

CPA

CIA

CISA

Job description

Your opportunity

The Internal Audit Department (IAD) of The Charles Schwab Corporation provides independent and objective assessments to figure out whether all significant risks are identified and appropriately reported by management and risk functions to the Board and Executive Management, to evaluate whether risks are adequately controlled, and to challenge Executive Management to improve the efficiency of governance processes, risk management, and internal controls.

The Corporate internal audit enterprise team is seeking a Senior Auditor (Senior Specialist). The Corporate team is responsible for execution of audits over the firm’s corporate and risk management functions. This role will have primary focus on capital, liquidity risk, interest rate risk (market risk), and balance sheet management, including portfolio and hedging activities, and will support audit coverage across both first-line (Treasury) and second-line (Financial Risk Management) functions.The team also performs testing to confirm remediation of audit issues and regulatory issues.

Reporting to the Director or Senior Manager of the Corporate enterprise team, the Senior Auditor will have responsibility for assisting in the for the independent and objective assurance activity designed to improve the organization’s operations and compliance with key regulations by evaluating and improving the efficiency of risk management, control, and governance processes.

What you’ll do:

• Audit Execution: Participate in the planning and execution of internal audit assignments, ensuring work is performed in accordance with IIA standards and IAD policies and procedures. Responsibilities will include: scheduling and participation in audit meetings; participation in scoping discussions; drafting of audit deliverables; design and execution of testing; and completion and review of work papers. Additionally, assist in the tracking of team operations including audit status, issue status, and budgets.
• Issues Identification: Based on the results of audit testing, identify and draft audit observations for review by the Internal Audit Manager/Senior Manager (and above levels) and subsequent debriefing with the key partners (typically VP-level and below).
• Issue Management and Validation: Conduct validation testing of the audit issue action plans completed by the business.
• Risk Assessment: Under the direct supervision of IAD Management, participate in the annual Risk Assessment process, including scheduling and participation in meetings with partners, and the scoring and documentation of risk ratings.
• Coaching: Provide support, mentoring, and feedback to audit team members throughout the audit. Provide assistance with onboarding and ongoing support to new team members.
• Administration/Training: Completion of firm-wide and departmental administration and training requirements.
• Other Initiatives/Special Projects: As needed, assist with special projects related to business operational improvement or internal team needs.

What you have

• 3 - 5+ years of financial services-related audit experience with growing responsibility. Corporate, Broker Dealer, Bank Operations, or Regulatory Compliance (including BSA/AML) experience specific to internal audit and/or similar Big 4 Accounting or regulatory experience a plus.
• Demonstrated experience performing internal audits amongst a complex operational and regulatory environment.
• Ability to work as a member of a project team and cultivate a strong working relationship with external co-sourcing providers and internal lines of businesses.
• CPA, CIA, CISA strongly preferred. Other relevant certifications will be considered.
• Understanding of risks and internal controls and the ability to evaluate and figure out adequacy and efficiency of controls.
• Stays current on industry and regulatory issues and standard methodologies; 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 shown ability to articulate effectively and expertly.
• Bachelor’s degree required.
• Ability to travel occasionally, less than 5%

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. 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