Senior Specialist, IT Audits and SOX Compliance

Charles Schwab Inc.; Lone Tree (CO); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Hybrid work program

Bonus opportunities

Job summary

Charles Schwab Corporation in Lone Tree, Colorado is seeking a Senior Specialist to support IT portions of ICFR and ICOC assessments. You will work under a Senior Team Manager, IT Audits and SOX Compliance, commuting distance to Lone Tree and participating in Schwab’s Hybrid Work and Flexibility Program.

Requirements include a Bachelor’s degree in Accounting/IT/IS and 2+ years in IT controls-based testing with SOX.

Qualifications

• Bachelor's degree in Accounting, Internal Audit, Information Systems, or Information Technology.
• Two or more years of IT controls-based testing experience with SOX; Big 4 experience preferred.
• Knowledge of SOX or Financial Responsibility Rule requirements.

Responsibilities

• Gain exposure to broker-dealer, bank, and corporate processes through risk assessments and varied control testing.
• Contribute to a risk-based approach for IT portions of ICFR and ICOC assessments by understanding Schwab's risks and controls.
• Collaborate with management, external auditors, and Schwab testing programs to enhance control environment.
• Self-manage and lead the preparation of assigned assessment portions, documenting high-quality work per team standards.
• Encourage and participate in a high performing, engaged team environment.
• Grow your career on a supportive team with regular feedback conversations.
• Improve and innovate the SCO’s assessment and use of AI, automation, and data visualization.

Skills

IT controls testing

SOX

risk assessment

Big 4 experience

collaboration

Education

Bachelor's degree in Accounting/IT/IS

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 Senior Specialist to support the Information Technology (IT) portions of the ICFR and ICOC assessments. This Senior Specialist will be responsible for the portions of the assessments that they are assigned to prepare, and this position reports to a Senior Team Manager, IT Audits and SOX Compliance. 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
• Two or more years of related work experience in IT controls-based testing required with SOX and Big 4 public accounting experience preferred
• 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 for the IT portions of Schwab’s annual ICFR and ICOC assessments by seeking and applying understanding of Schwab’s risks and controls
• Collaborate with management, Schwab’s external auditor, and other Schwab testing programs to enhance Schwab’s control environment
• Self-manage and lead the preparation of assigned assessment portions, including documenting high-quality work in accordance with team policies, standards, and procedures
• Encourage and participate in 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.