Director - Asset Management Compliance

Austin, TX ; Westlake, TX ; Lone Tree, CO

Requisition ID 2025-112177

Category Legal & Compliance

Position type Regular

Pay range USD $11+,000.00 - $264,600.00 / Year

Application deadline 2025-06-21


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.

In Compliance, we help our business partners achieve their strategic priorities by promoting principles and practices that build client trust and safeguard the integrity of the firm. The Compliance Department advises on applicable federal and state rules and regulations, supervisory systems, and policies and procedures; liaises with regulators; provides guidance on communications with the public; conducts surveillance and investigations to monitor for compliance with firm policies and procedures; processes and maintains firm and employee registrations; and, performs a variety of other compliance functions.

Reporting to Schwab’s Head of Wealth and Asset Management Compliance, you will lead a team of compliance professionals that collaboratively partner with a variety of internal stakeholders to support the continuing growth of Schwab’s asset management business. You will focus on: (a) strategic initiatives related to Charles Schwab Investment Management, Inc. (CSIM), a registered investment adviser, and Schwab’s proprietary mutual funds, ETFs, and separately managed accounts; (b) providing thought leadership and compliance guidance to senior leaders responsible for CSIM and Schwab’s proprietary mutual funds, ETFs, and separately managed accounts (SMAs); and, (c) ensuring the compliance programs for CSIM and one of the largest fund companies in the nation is robust and comprehensive.

The work is dynamic, and success is achieved through: (i) strong collaboration and the ability to foster meaningful and deep relationships across the enterprise; (ii) prioritizing and timely addressing numerous efforts simultaneously; (iii) a growth mindset and adaptability; (iv) a desire to create innovative solutions that benefit our clients and the firm; and, (v) servant leadership centered on teamwork and developing talent. If you exhibit these qualities, possess an aptitude for continual learning, and want to be an instrumental partner advancing Schwab’s asset management business, we encourage you to .

Primary Responsibilities:

Lead a team of compliance professionals that provide high caliber compliance advice and guidance on a variety of topics associated with Schwab’s asset management business
Influence and strategically guide compliance, regulatory, and business initiatives associated with CSIM and Schwab’s mutual funds and ETFs, recommending creative solutions that advance the business
Oversee the compliance activities that monitor portfolios for adherence to investment objectives, limitations and restrictions as identified in the prospectus and statement of additional information, investment management agreements, board and internal policies, regulatory and other applicable restrictions
Mentor and educate other compliance professionals on how to identify, investigate, and assist in the resolution of potential compliance issues, including those that are the most complex and ambiguous
Partner with Schwab’s Head of Fund and Advisory Program Compliance to ensure comprehensive and robust compliance programs for CSIM and Schwab’s proprietary mutual funds, ETFs, and separately managed accounts
Interpret and assess laws, rules, and regulations affecting the operation of the asset management organization
Support the team in reviewing fund documents (e.g. prospectuses, statements of additional information and management agreements) to identify investment policies and restrictions; and, preparing and updating compliance checklists
Contribute to additional projects and tasks based on business needs
What you have


Required Qualifications and Skills:

Relevant Education and Work Experience

10+ years of direct asset management compliance, risk, and/or audit experience with broad and deep knowledge of the Investment Company Act of 1+40, Investment Advisers Act of 1+40, and relevant federal and state securities laws, rules, and regulations
Experience providing advice and guidance on proprietary mutual fund, ETF, and SMA offerings (equity, fixed income, and/or other strategies), with expertise in managing compliance risk effectively
Previous involvement in strategic initiatives and significant projects, including those involving senior leaders across an enterprise
Other relevant asset management experience may be considered.
Skills

Exceptional at analyzing and creatively solving ambiguous and complex matters with an understanding of how those solutions impact the broader ecosystem
Excel at developing strong and meaningful networks and partnerships across the organization, establishing trust and confidence with a diverse group of stakeholders
Adept at influencing outcomes, thinking strategically, and proactively taking initiative
Comfortable working independently and as a member of a geographically dispersed team
Highly organized and meticulous, collaborative, and excited to continually learn in a dynamic and growing organization
Change leader with a positive attitude and forward-thinking approach
Superb writing, verbal, and interpersonal skills that are effective with a variety of audiences
Outstanding judgment, strong work ethic, thought leadership, and unwavering integrity
Preferred Qualifications:

Bachelor’s degree and advanced degree or education
At least 3 years of formal leadership experience strongly preferred
Demonstrated ability to attract, retain, and develop a diverse team
Strong understanding of Schwab’s proprietary mutual fund, ETF, and SMA landscape, including product creation and distribution channels
Base Compensation: $11+,000-264,600. Your compensation may be different. Talk with your Talent Advisor to learn more. In addition to the salary range, this role is also eligible for bonus or other 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 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

Eligible Schwabbies receive

Medical, dental and vision benefits

401(k) and employee stock purchase plans

Tuition reimbursement to keep developing your career

Paid parental leave and adoption/family building benefits

Sabbatical leave available after five years of employment

United States
Texas
Austin Show on map Get directions