Managing Director, Senior and Vulnerable Investor Investigations

Charles Schwab Corporation Westlake, TX
Description:

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

Douglas Andrew Vess

20180730-4861

We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client's goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of 'own your tomorrow' every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Our Opportunity:

The Financial Crimes Risk Management (FCRM) organization, which includes the Fraud Surveillance & Investigations group, is a part of Corporate Risk Management. FCRM's goals are to safeguard the firm's assets and make Charles Schwab the most trusted leader in the financial industry. The Fraud Surveillance & Investigations group consists of several teams that investigate potential fraud against our clients. The teams report matters to law enforcement, state regulators and Adult Protective Services agencies; review and analyze suspicious activity to determine emerging fraud trends; recover funds lost from custody; and file Suspicious Activity Reports (SARs).

The Senior and Vulnerable Investor (SVI) team within Fraud Surveillance & Investigations investigates matters involving potential financial exploitation of our senior and/or vulnerable clients. These matters include possible violations of law and securities and banking regulations.

As a direct report to the Vice President of Fraud Surveillance & Investigations, the Managing Director of the SVI team will lead a group of individual financial exploitation analysts and team leads through the investigatory and asset recovery processes for matters involving elder and/or vulnerable clients. These investigations are often complex and require an ability to build effective partnerships and work in close cooperation with internal and external stakeholders such as business partners, state and county Adult Protective Services agencies, law enforcement and other financial institutions. Additionally, the SVI team may be called upon to provide guidance on handling matters for clients with diminished financial capacity.

What you'll do:

* Hire, inspire and develop SVI fraud and financial exploitation investigators and team leads

* Oversee team member guidance to business partners on diminished capacity issues

* Meet regularly with members of law enforcement, state regulators, financial industry peers and other entities to obtain critical intelligence relating to fraud and financial exploitation activity against and threats to our senior and/or vulnerable clients.

* Manage regulatory and state reporting requirements

* Provide ongoing analysis and reporting for new and emerging SVI fraud and financial exploitation trends

* Actively address the risk of SVI fraud and financial exploitation and work to mitigate the financial impacts by identifying those responsible, tracing the stolen proceeds and initiating the recovery efforts thereof

What you have:

* 10 years of investigative and/or social work experience, with a minimum 2 years focused on financial services fraud or SVI financial exploitation in a leadership role

* Excellent understanding of the financial industry's dynamic fraud environment, law enforcement protocols, and industry rules and regulations applicable to broker-dealers, investment advisors and banks

* Strong knowledge of financial institution disbursement channels, products and operational procedures & controls

* Robust people management and leadership skills and experience working in a matrixed environment and collaborating to achieve results

* Experience with SAR filing requirements and timelines

* Ability to identify and implement process improvements and efficiencies

* Comfort in a dynamic and fast-moving work environment, with a positive attitude, a solid work ethic and an ability to prioritize matters based on potential risk to the firm and its clientsProven ability to develop productive relationships across all levels of the organization

* Excellent written and verbal communication skills

* Bachelor's degree or equivalent experience

* Series 7 license and fraud certifications (CFE, ACFCS) are a plus

What you'll get:

* Comprehensive Compensation and Benefits package

* Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts

* Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program

* Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions

* Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships

* Not just a job, but a career, with an opportunity to do the best work of your life

Learn more about Life@Schwab.

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?:NoWork Schedule:DaysLanguages:English - spokenCurrent Licenses / Certifications:NoneRelevant Work Experience:Analyst/Strategy-6+ yrs, Financial Services-2-5 yrs, RegulatoryPosition Located In:TX - WestlakeEducation:HS/GEDJob Type:Full Time

Category:Risk Management

Activation Date: Wednesday, August 8, 2018

Expiration Date: Tuesday, August 28, 2018

Apply Here