Sr Manager, Financial & Regulatory Reporting

Charles Schwab Corporation; Lone Tree (CO); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

On-site work environment

Bonus opportunities

Job summary

Charles Schwab Corporation is seeking a Senior Manager in the Financial and Regulatory Reporting team to oversee regulatory filings for mutual funds and ETFs and ensure timely, accurate reporting.

The role collaborates with external vendors, Portfolio Management, SAM Fund Administration, Legal, and other groups, reporting to a Director People Leader. It involves process improvements and interaction with senior leadership.

Qualifications

• Bachelor’s degree in Accounting, Finance, or Economics required.
• Minimum 6 years of direct experience administering mutual funds, including financial reporting and fund operations.
• Strong knowledge of regulatory filings and financial reporting for mutual funds and ETFs (N-CSR, iXBRL, 24f-2, 17f-2) and related filings.

Responsibilities

• Oversee and authorize funds filings including SEC Forms N-CSR, N-CSR iXBRL, N-1A support, 24f-2, and 17f-2.
• Prepare and review financial statements for registered funds and ETFs, including interval funds.
• Support and automate regulatory filings such as N-MFP, N-PORT, and N-CEN.
• Coordinate with third-party administrators and internal teams on filings and review cycles.
• Provide strategic oversight of external fund administrators and communicate performance to management.
• Present regulatory reporting status to senior management and partner with CFO/CEO as needed.

Skills

Regulatory filings

Financial reporting

Attention to detail

Project coordination

Communication

Education

Bachelor’s degree in Accounting, Finance, or Economics

Tools

iXBRL tooling

N-Port / N-CEN systems

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.

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified locations.

The Financial and Regulatory Reporting Team function within Schwab Asset Management (SAM) is responsible for oversight of the following functions with respect to the proprietary mutual funds and exchange-traded funds (ETFs), and bank collective trust funds: Daily, weekly, monthly, quarterly, semiannual, and annual oversight of shareholder reports and holdings and financial statements, and regulatory reporting.

The Financial and Regulatory Reporting Team is expanding to cover additional product types and is looking for a Senior Manager to support their growing team. This new position will play a key role in providing oversight of a third-party administrator, ensuring regulatory filings are made timely and accurately through leading reporting cycles, managing audits, authorizing filings, and keeping abreast of regulatory requirements and changes. The Senior Manager will collaborate closely with external vendors, Portfolio Management, SAM Fund Administration Teams, Legal and other departments on an ongoing basis and will be an active participant in new product initiatives and current product changes. This will be an individual contributor role and will report to a Director People Leader in the team.

Primary responsibilities include:

• Oversight and authorization of funds filings including SEC Forms N-CSR (shareholder report and holdings and financial statements), N-CSR iXBRL, N-1A support, 24f-2, and 17f-2


• Financial statement reporting for various product types including registered investment funds and ETFs (including new interval funds offerings), 3c-7 private liquidity funds, and collective investment trust funds


• Supporting other regulatory filings, including SEC Form N-MFP, N-PORT, and N-CEN


• Supporting and automating reviews of semiannual and annual shareholder report and holdings and financial statements and quarterly holdings for N-PORT Part F, responsible for ensuring that all regulatory and disclosure requirements are met


• Strategic oversight of third-party fund administrators’ preparation of regulatory filings and subsequently assess and communicate performance to management


• Coordinating and balancing schedules with internal and external partners for filings and reviews you are leading


• Playing a key role in identifying and implementing process improvements and playing a lead in interactions with external and internal partners


• Partnering with all functional areas of SAM to provide expertise on regulatory and financial reporting standards as questions arise during reporting cycles


• Staying abreast of regulatory changes and implementing those changes on a go forward basis working with organization partners and senior management


• Communicating and presenting to senior management in SAM on financial and regulatory standards and process on a frequent basis, including interaction with CFO and CEO as needed

What you have

Required Qualifications:

• Bachelor’s degree required (BS in Accounting, Finance, or Economics highly preferred)


• Minimum 6 years of direct experience administering mutual funds, including financial reporting, fund accounting, and/or operational experience


• Strong working knowledge of regulatory filings and financial reporting requirements for mutual funds and ETFs, including oversight and authorization of fund filings such as SEC Forms N-CSR (including iXBRL), N-1A support, 24f-2, and 17f‑2, as well as experience supporting additional filings such as SEC Forms N‑PORT, N-CEN, and N‑MFP


• Strong organizer, detail-oriented, and ability to meet deadlines


• Demonstrated drive to improve and promote quality, accuracy, and appropriate levels of due diligence

Preferred Qualifications:

• Financial reporting experience with interval funds and derivative fund products, private 3c-7 liquidity funds and a plus if experienced with tokenized funds and crypto ETPs


• Drive and skillset to identify areas of opportunity and implement effective change and automation


• Proactively support business partners and overall company goals through collaboration and effective networking


• Proven verbal communication and presentation skills with the ability to interact with all levels in the SAM Fund Administration teams and with other external/internal partners

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