Charles Schwab Sr Team Manager, OFAC & Global Sanctions in Westlake, Texas


Westlake - TX, TX2050R, 2050 Roanoke Road, 76262-9616

Cameron Ellsworth


Our Opportunity:

The position is within the OFAC & Global Sanctions Department, part of the Financial Crimes Risk Management (FCRM) organization. The organization assists in the assessment of sanctions and financial crimes risk impacting our business and the affirmative commitment to comply with laws and regulations governing OFAC and other sanctions regimes. A key objective of the organization is our ongoing commitment to the Firm’s abilities to meet its regulatory obligations. Responsibilities of FCRM extend beyond the Global Sanctions program and include the Firm’s Anti-Money Laundering, Anti-Bribery and Identity Theft Program, Internal Investigations, and the safeguarding of customer and corporate assets against Fraud.

We are currently seeking a Senior Team Manager who can help build a brand new team which will be responsible for analyzing and resolving account and transaction monitoring alerts by conducting research in the broker dealer and bank’s proprietary systems and other source systems for possible money laundering, terrorist financing and OFAC issues. The leader will have the opportunity to shape and manage a multi-faceted team that reviews and resolves time sensitive alerts for possible OFAC and sanctions issues. The successful candidate will also develop partnerships with internal and external business partners for Charles Schwab & Co. and Charles Schwab Bank.

What you’ll do:

  • Creating a work environment that promotes employee engagement by setting clear expectations and consistently providing information, resources, feedback, coaching and recognition that helps employees maintain a high level of performance;

  • Ensuring service level agreements are met and maintaining a balance between quality and efficiency;

  • Creating, maintaining and updating department policies and procedures;

  • Understanding of industry regulations in order to ensure team compliance with firm’s policies and procedures;

  • Driving business results by acting as a subject matter expert, fostering an environment that creates process efficiencies, leading project initiatives, and ensuring the implementation of projects within the department;

  • Identifying and selecting talent for the OFAC & Global Sanctions Department.

  • The Senior Team Manager will report into our Deputy Global Sanctions Officer, and manage a team of OFAC & Global Sanctions Analysts.

What you have:

This is a fast paced, detail-oriented, high volume, and deadline-driven environment requiring the ability to build and foster relationships across the Firm in order to be successful. In addition to a background in OFAC/Financial Crimes/Brokerage/Banking Operations, the ideal candidate should possess experience effectively managing people at different stages in their career and professional development.

  • At least 3 years of experience managing teams including complete ownership of development and performance evaluations (annual reviews).

  • At least 3 years of direct experience with OFAC and financial crimes regulations and laws.

  • Strong working knowledge of broker-dealer businesses, NASD/FINRA rules, federal securities regulations, and securities industry practices.

  • Proven ability to identify and solve complex issues in a team environment working with various levels of management and business partners.

  • Positive attitude, enthusiasm, professionalism and strong work ethic with high level of integrity and ethics.

  • Excellent communication, problem solving, and presentation skills to influence and build consensus among team members and leadership.

  • Strong organizational skills with ability to work on multiple assignments and complete them within established deadlines.

  • Ability to prioritize effectively in a fast paced environment and function in a professional manner under pressure.

  • Ability to plan, delegate and oversee the overall work assignments and special projects within the team.

  • Ability to generate metrics, analyze data and communicate results to management.

  • Ability to articulate Schwab's Visions and Values to team members.

  • Proficient PC skills including various platforms and applications.

  • Bachelor’s degree preferred or equivalent business experience.

The following additional qualifications are preferred:

  • CAMS, ACFCS, Series 7, 9/10, 63, 24.

Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at 800-725-3535. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab's hiring decisions. All other submissions should be performed online.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: None

Relevant Work Experience: Regulatory, Risk Analysis

Position Located In: TX - Westlake

Education: HS/GED

Job Type: Full Time

Category:Risk Management

Activation Date: Wednesday, May 16, 2018

Expiration Date: Saturday, June 30, 2018

Apply Here