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.

As part of Corporate Controller Unit, Broker-Dealer Regulatory Reporting is responsible for preparing, filing, and reviewing Charles Schwab Corporation’s broker-dealer Charles Schwab & Co., Inc. (CS&Co.) legal entity’s financial and operational regulatory reports.  These reports include filing the monthly Financial and Operational Combined Uniform Single (FOCUS) report and other supplemental filings to FINRA/SEC as well as certain Treasury International Capital (TIC) to the Federal Reserve.  In addition, the department calculates and files the daily Segregation requirements to the NFA for Charles Schwab Corporation’s futures and foreign exchange entity, Charles Schwab Futures and Forex LLC.  The department is responsible for calculating the weekly and month-end deposit/withdrawal amount in compliance with the customer protection SEA Rule 15c3-3 as well maintaining compliance with SEA Rule 15c3-1 Net Capital rule.

What you have
Undergraduate degree in Accounting or Finance3-5 years in accounting or reporting related experienceStrong team player with ability to further partnership with various stakeholdersExcellent attention to detail with high degree of accuracyStrong analytical and organizational skillsAbility to work independently in a fast-paced environment with tight fitting deadlinesRelies on experience and judgement to plan and accomplish goals

What you'll do:

Prepare and/or review weekly Customer Reserve computation in compliance with SEA Rule 15c3-3Prepare and/or review Net Capital computations in compliance with SEA Rule 153-1FOCUS report review and analysisAssess the impact of new client initiatives on existing regulatory filings and proceduresReview proposed regulations and articulate potential impacts to finance and business leadershipPrepare the daily Segregation requirement to the NFAProvide support during on-site or remote examinations from the entity’s regulators (FINRA/SEC, NFA)Review reporting and operational processes to increase efficiency, effectiveness and compliance with 17a-5 and SOX requirements

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

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 planPaid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positionsPaid parental leave and family building benefitsTuition reimbursementHealth, dental, and vision insurance Apply Save job