What are the responsibilities and job description for the Manager, Financial Crimes Risk Management - Customer Identification Program position at Charles Schwab?
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 purpose of the Customer Identification Program (CIP) Manager role within Financial Crimes Risk Management is to support and provide oversight over the firm’s regulatory requirements for CIP and beneficial ownership processes, which are incorporated into the BSA/AML program. A key part of this role is collaborating with other teams across Financial Crimes Risk Management, Corporate Risk Management, Internal Audit, and other first line teams to ensure the successful execution of the CIP program.
As an Individual Contributor reporting to the CIP Director, the Manager will support the firm’s CIP and beneficial ownership oversight processes in addition to assisting with audit and regulatory exams to effectively drive improvements to CIP and beneficial ownership processes. The team will rely on this person to provide oversight and guidance on existing screening processes to identify enhancements or changes needed to meet regulatory expectations. The Manager will tailor training for business units and will enhance and/or create procedures and program governance documents to support the strategic enhancement of CIP processes.
What you have
Required Qualifications
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:
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 purpose of the Customer Identification Program (CIP) Manager role within Financial Crimes Risk Management is to support and provide oversight over the firm’s regulatory requirements for CIP and beneficial ownership processes, which are incorporated into the BSA/AML program. A key part of this role is collaborating with other teams across Financial Crimes Risk Management, Corporate Risk Management, Internal Audit, and other first line teams to ensure the successful execution of the CIP program.
As an Individual Contributor reporting to the CIP Director, the Manager will support the firm’s CIP and beneficial ownership oversight processes in addition to assisting with audit and regulatory exams to effectively drive improvements to CIP and beneficial ownership processes. The team will rely on this person to provide oversight and guidance on existing screening processes to identify enhancements or changes needed to meet regulatory expectations. The Manager will tailor training for business units and will enhance and/or create procedures and program governance documents to support the strategic enhancement of CIP processes.
What you have
Required Qualifications
- 3 years of experience in the financial services industry with a working knowledge of banking and/or broker-dealer businesses, financial industry regulations, and practices
- BSA/AML, Financial Crimes, Risk Management, or Compliance knowledge/experience
- Bachelor’s degree or equivalent business experience
- CAMS, ACFCS, Series 7, 9/10, 63, and/or 24
- Ability to build collaborative relationships across various teams involved with CIP process
- Excellent verbal, written, and interpersonal communication skills
- Strong organizational skills, including attention to detail and the ability to work on multiple assignments at the same time
- Positive attitude, enthusiasm, and a strong work ethic with high level of integrity and ethics
- Excellent PC skills including experience with systems such as Excel, PowerPoint, Word, SharePoint, and case management systems
- Ability to facilitate working groups and collaborate closely with key stakeholders to identify and implement opportunities for alignment and improvement
- Ability to prioritize effectively in a fast-paced environment and function in a professional manner under pressure
- Ability to take ownership and drive solutions on complex assignments with regulatory and audit implications
- Results oriented, ability to identify and solve issues in a team environment working with various levels of management and business partners
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
