Senior Manager, Compliance – Asset Management

Charles Schwab; Austin (TX); Hybrid; USD 90,000 - 201,000; Full time

Job summary

An established industry player is seeking a Senior Manager of Compliance to join their dynamic team in Austin. This role offers a unique opportunity to influence compliance strategies within a leading asset management firm. You will collaborate with various stakeholders, guiding compliance initiatives and ensuring adherence to regulations. The ideal candidate will have a strong background in compliance, risk management, and audit, coupled with exceptional analytical and interpersonal skills. Join a forward-thinking organization that values innovation and offers a supportive culture focused on professional growth and development.

Benefits

401(k) with company match

Paid time for vacation

Tuition reimbursement

Health insurance

Paid parental leave

Qualifications

• 5+ years of compliance, risk, or audit experience in asset management.
• Strong understanding of federal and state securities laws.

Responsibilities

• Provide compliance advice to support asset management business.
• Identify and resolve complex compliance issues.

Skills

Compliance advice

Risk management

Audit experience

Interpersonal skills

Analytical skills

Strategic thinking

Problem-solving

Education

Bachelor's degree

Advanced degree

Job description

Senior Manager, Compliance – Asset Management

Join to apply for the Senior Manager, Compliance – Asset Management role at Charles Schwab

Senior Manager, Compliance – Asset Management

4 days ago Be among the first 25 applicants

Join to apply for the Senior Manager, Compliance – Asset Management role at Charles Schwab

This range is provided by Charles Schwab. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $200,100.00/yr

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.

In Compliance, we help our business partners achieve their strategic priorities by promoting principles and practices that build client trust and safeguard the integrity of the firm. The Compliance Department advises on applicable federal and state rules and regulations, supervisory systems, and policies and procedures; liaises with regulators; provides guidance on communications with the public; conducts surveillance and investigations to monitor for compliance with firm policies and procedures; processes and maintains firm and employee registrations; and performs a variety of other compliance functions.

In this role, you will partner with a variety of internal stakeholders to support the continuing growth of Schwab’s asset management business. Your primary responsibilities will focus on: (a) providing compliance advice and guidance to Charles Schwab Investment Management, Inc. (CSIM), a registered investment adviser, and Schwab’s proprietary mutual funds, ETFs, and separately managed accounts; and (b) maintaining and continually evolving the compliance programs for CSIM and one of the largest fund companies in the nation. The work is dynamic and requires: (i) strong collaboration and the ability to foster meaningful and deep relationships across the organization; (ii) the ability to prioritize and timely address numerous efforts simultaneously; (iii) a growth mindset and adaptability; and (iv) a desire to create innovative solutions that benefit our clients and the firm. If you exhibit these qualities, possess an aptitude for continual learning, and want to be an instrumental partner focused on advancing Schwab’s asset management business, we encourage you to apply.

Primary Responsibilities

• Utilize deep knowledge on a variety of topics, provide compliance advice and guidance to areas that support Schwab’s asset management business
• Identify, investigate, and assist in the timely resolution of compliance issues, including those that are complex and ambiguous
• Execute compliance monitoring activities to ensure a comprehensive and robust compliance programs
• Support and participate in internal audits, compliance testing, risk assessments, and, as warranted, relevant regulatory exams
• Interpret and assess laws, rules, and regulations affecting the operation of the organization
• Influence and guide compliance, regulatory, and business initiatives associated with CSIM and Schwab’s mutual funds and ETFs, recommending creative solutions that advance the business
• May assist in: (a) conducting due diligence and ongoing oversight of third-party asset managers and other service providers; (b) preparing materials that are presented to the fund board and internal committees; (c) reviewing and updating policies and procedures; (d) the preparation of annual compliance reports pursuant to Rule 38a-1 of the Investment Company Act of 1940 and 206(4)-7 of the Investment Advisers Act of 1940; and/or (e) assisting with regulatory disclosures and filings (e.g. Form ADV)
• Contribute to additional projects and tasks based on business needs
  
  

What you have

Required Qualifications And Skills

Relevant Education and Work Experience

• Bachelor's degree from an accredited college/university
• 5+ years of direct asset management compliance, risk, and/or audit experience with knowledge of the Investment Company Act of 1940, Investment Advisers Act of 1940, and relevant federal and state securities laws, rules, and regulations
• Other relevant asset management experience may be considered.
  
  

Skills

• Adept 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
• Influences outcomes, thinks strategically, and proactively takes initiative
• Comfortable working independently and as a member of a geographically dispersed team
• Highly organized and detail-oriented, 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
• Exceptional judgment, strong work ethic, thought leadership, and unwavering integrity
  
  

Preferred Qualifications

• Advanced degree or education
• Previous involvement in strategic initiatives and significant projects, including those involving senior leaders
  
  

What’s in it for you

At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. 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

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Legal

Referrals increase your chances of interviewing at Charles Schwab by 2x

Sign in to set job alerts for “Senior Compliance Manager” roles.

Sanctions Compliance Sr. Manager/Counsel

Austin, TX $150,000.00-$200,000.00 1 month ago

Austin, Texas Metropolitan Area 6 days ago

Director of Cybersecurity Governance Risk and Compliance

Austin, TX $150,000.00-$300,000.00 3 weeks ago

Director of Cybersecurity Governance Risk and Compliance, Texas Institute for Electronics

Manufacturing Training and development Manager

Austin, TX $110,000.00-$120,000.00 1 week ago

Compliance Advisory Senior Manager - Wise Platform

Ethics, Risk and Compliance Training Manager

Austin, TX $90,720.00-$136,080.00 5 days ago

Austin, TX $74,900.00-$153,100.00 4 days ago

Director, Investigations - Business Conduct Office, Ethics and Compliance

Compliance Officer, Marketing & Advisory

Austin, TX $70,000.00-$120,000.00 1 month ago

Austin, TX $100,000.00-$130,000.00 3 weeks ago

Manager, Compliance Review Unit (Manager III)

Senior Manager, Export Control and Sanctions

Austin, Texas Metropolitan Area $104,265.00-$130,000.00 4 days ago

Senior Manager, Governance, Risk and Compliance (REMOTE)

Austin, TX $120,000.00-$260,000.00 5 hours ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.