2019 Schwab Intern Academy – Compliance and Risk

Charles Schwab - United States (30+ days ago)4.1

Full-timeEstimated: $120,000 - $150,000 a year

EducationSkills
Description:
Brendan Charles Hack
0830-43194

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.

Work with a company that has been challenging the conventions of the financial services industry for over 40 years through an internship with Charles Schwab. Schwab’s mission is to help our clients create a better future for themselves, their families, and their communities. It is summed up in our tagline – Own your tomorrow – and it permeates everything we do.

The design of the program invites interns to engage directly in Schwab’s culture of service, while challenging them with a blend of learning programs, team-building activities, networking opportunities, and enriching work projects. Features of our 2019 program include:

Business Track Project: Work with a Schwab organization that provides a meaningful and valuable experience to translate classroom learning into real business projects.
Intern Cohort Project: Partner with other interns to brainstorm, discuss learning experiences, and present solutions.
Learning Activities: Participate in facilitated classroom training, team discussions and events, individual assessments and activities, senior leader meetings, and on-the-job training.
Dedicated Intern Manager: Receive regular feedback from your manager, participate in career-related discussions, and provide your own feedback.
Strengths Application: Learn about yourself and how to apply your unique strengths, abilities, and goals to the work you do as part of Schwab’s ‘strengths-based’ culture.
Mentorship & Networking: Build your professional network by interacting with professionals across Schwab, including senior leaders, peers, and Schwab Intern Academy Alumni.

We look for students with:
Optimism and curiosity, who are inspired by a keen sense of purpose, awareness, and knowledge
Adaptability and flexibility, who enjoy working through cross-functional partnerships and collaboration to achieve a common purpose
An innovative and questioning mindset, who constantly look for better ways to do things, have a passion for service, and aim to exceed client expectations
Because interns are considered a primary pipeline for full-time opportunities, every intern candidate must be eligible for full-time employment upon graduation and must also meet the following requirements:

Enrolled in a current undergraduate program tracking to a bachelor’s degree
Plan to graduate between December 2019 and May/June 2020
Must be able to work full time and be on-site at assigned Schwab location during the 9-week program (June 10 to August 9)
Have specific skills as needed by the hosting Business Track
Schwab is recognized as an industry leader, and our welcoming culture will embrace your individuality and partner you with other like-minded and solution-focused students. We will invest in your summer experience by providing you direction and leadership for a robust and well-rounded internship, as well as helping you focus on a potential future career with Schwab.

Schwab Intern Academy is our centrally managed summer internship program that recruits juniors and rising seniors within a year of graduation. As an affirmative action employer, Schwab takes affirmative action to employ qualified minorities, women, individuals with disabilities, and protected veterans in our intern program. As a culture that values Diversity and Inclusion, Schwab encourages the application of Women, Minorities, Individuals with Disabilities and Protected Veterans.

Business Track Job Descriptions:
CSIA Adviser Risk Management Intern

Our Opportunity:
Charles Schwab Investment Advisory, Inc. (“CSIA”) is a wholly owned subsidiary of The Charles Schwab Corporation (CSC) and is a SEC-registered investment adviser firm serving individuals, trusts, retirement plans, foundations and endowments.

At Schwab, 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, highly skilled, and adaptable people with the desire to help our clients and one another succeed.

What you’ll do:
CSIA seeks an Intern to work with business and corporate risk partners in an effort to continually improve their risk reporting, data governance and risk oversight posture. This is an exceptional opportunity to contribute to the efforts of CSIA’s Adviser Risk Management (ARM) team by learning about Schwab’s enterprise risk framework and applying that knowledge to create better reporting, controls and improved oversight capabilities for CSIA leadership.

CSIA’s ARM team is responsible for a number of business activities including operational risk oversight, vendor management, risk analytics, business continuity, cyber security and support for constantly evolving firm wide initiatives.

Key Responsibilities:
Development and validation of detective and preventative controls around risk data reporting
Identify data within the respective business area, determine its ownership, and assess the risk associated with the data as needed.
Work with ARM members to create and update a central chart repository for risk analytics and reporting.
Assist in the planning and execution of a program to ensure business area complies with firm data governance standards.
Run queries to gather data to create commentary on Risk Management reports in MS Excel, PowerPoint and Tableau.
Develop new reports and liaise with business partners to identify opportunities for improvement.

What you have:
Superior Tableau and Excel skills, creativity in problem solving, and attention to detail
Excellent understanding of the relationship between risk and the role controls play in managing and mitigating risk
Strong research, data mining and organization skills
Strong relationship building and collaboration skills, especially in cross-functional teams

What you’ll learn:
You will gain a unique exposure to Schwab’s Enterprise Risk Framework
You will gain experience developing and implementing data governance controls
You will gain experience with a large investment management firm serving individuals, trusts, retirement plans, foundations and endowments
You will be given opportunities to research, create and present risk reporting
Enterprise Risk Mangement eDART Intern for Analytics & Data Science

The Charles Schwab Corporation’s (CSC or Firm) business activities expose CSC to a variety of risks. Enterprise Risk Management (“ERM”) is a structured approach to managing firm-wide risks in order to facilitate execution of CSC’s strategy consistent with its risk appetite, and achievement of its Vision of being “the most trusted leader in investment services.”

Analytics & Data Science, part of ERM’s Enterprise Digital, Analytics & Risk Technology (eDART) team, is responsible for developing insights for proactive risk management across the risk stripes. The intern will be part of the Digital Analytics Solutions (DAS) group which is responsible for delivering data & analytic insights through an integrated/centralized services catalog providing leadership proactive access to risk management data and drive informed outcomes.

DAS is exposed to and communicates with all areas of Risk with responsibility for managing the data strategy that supports analytics & visualization. The intern will have the opportunity to work with senior leaders in Corporate Risk, Technology and other business lines to create solutions that through innovative techniques in managing risk.

You will help with the following key responsibilities:
Learn how data science and machine learning supports risk management in a large organization including being able to successfully articulate the linkage between business decisions, business objectives, and analytical approaches & findings.
You will work on a specific data science problem under the guidance of an experienced analytics leader
Develop a methodology framework, identifying datasets needed to solve the problem, exploring and visualizing data, developing conclusions and creating a final presentation.
Develop contextual skills with the latest data science tool stack within the R, Python and Spark ecosystems.

What you have:
Planned graduation date between December 2019 and May/June 2020, earning a bachelor’s degree in Economics, Psychology, Hard Sciences, Applied Math, Computer Science, Information Systems, Information Technology, Engineering, Operational Research, Finance or a similar major.
Coursework or interest in learning SQL, R, Python, Hadoop, Spark or Tableau.
Curiosity to learn how to work with and interpret large data sets and turn the findings into actionable insights.
Excellent communication skills (written and verbal)
Excellent organizational skills, enabling one to manage multiple priorities
Ability to build strong relationships and work effectively with various levels of the organization throughout the Company

What you will learn:
You will gain a unique understanding of business, technology and risk resulting in a deeper understating of their complexities, trade-offs and impacts.
You will learn how to analyze and understand highly complex business problems and regulatory requirements that are part of operating in the financial industry.
You will spend time examining and researching how to leverage advanced analytics, Machine learning & AI to protect Schwab customers and Schwab.
Enterprise Risk Management Program Implementation Intern for Information Security Risk Management

Information Security Risk Management is responsible for the oversight of cybersecurity strategy development & implementation, developing security risk policy, establishing standards, measuring, monitoring, testing and providing independent governance, oversight and reporting of information security matters. The ISRM organization supports all of Schwab’s business enterprises and works with a wide range of internal stakeholders including IT, sales and service, strategy and marketing.

The Schwab ISRM Intern will be a key member of the ERM Program Implementation team consisting of information security professionals that are responsible for the program management and enhancement of the Schwab Risk Management program including designing, developing, updating and implementing Information Security oversight solutions protecting CSC sensitive information. ISRM is exposed to and communicates with all areas of the company supporting the objective of ensuring the protection of Schwab sensitive information. The intern will have the opportunity to work with information security, technology, business partners, corporate council, compliance to ensure the maturity and execution of key process while assisting the Schwab business to achieve its objectives.

Help with the following responsibilities:
You will build processes and controls which enhance Schwab’s ISRM program, and help to develop new ideas based on your interactions with ISRM partners.
You will spend time working with technology and security experts to understand common issues, and help find innovative solutions supporting Schwab business teams achieve business objectives.
Validate risk, control, issue and action plan information provided by business partners and oversight groups for compliance with established procedures in support of data consistency and quality.
Analyze risk information that will be reported to risk management committees and the Board for completeness and accuracy.
Process RCSA data changes requested by business partners or other data needs in support of data completeness.
You will work with cross functional teams to define new controls and oversight processes.
You may work with the corporate technology team to enhance tools to support information security industry changes.
You may work with Schwab’s Corporate Council or Compliance to evaluate and enhance legal controls supporting program changes.
You will identify opportunities for process improvements to deliver increasing operational efficiency in the vendor security oversight processes.

What you have:
Superior communication skills (written and verbal)
Strong relationship management and interpersonal skills
Aptitude to influence and persuade partners
Self-starter with outstanding organizational skills
Curiosity to continually reevaluate existing designs
Ability to track multiple projects (3-4) going on all at once
Ability to develop multiple solutions to the same problem and identify the failure mechanisms associated with each.
Effective relationship builder-ability to partner cross-functionally, cross-enterprise and work effectively with various levels of the organization as well as various personality types.
Understanding of information security “best practices”
What you will learn

You will gain a unique understanding of business, technology and information security resulting in a deeper understating of their complexities, trade-offs and impacts.
You will learn how to analyze and understand highly complex business problems and regulatory requirements that are part of operating in the financial industry.
You will spend time examining and researching security controls and frameworks to understand what it takes to protect Schwab customer and Schwab information.
You will learn how to evaluate applicable security controls to apply against vendor services being provided and applicability of compensating controls for vendor security assessments.

Enterprise Risk Mangement eDART Intern for RCSA Administration

The Charles Schwab Corporation’s (CSC or Firm) business activities expose CSC to a variety of risks. Enterprise Risk Management (“ERM”) is a structured approach to managing firm-wide risks in order to facilitate execution of CSC’s strategy consistent with its risk appetite, and achievement of its Vision of being “the most trusted leader in investment services.”

RCSA Administration, part of ERM’s Enterprise Digital, Analytics & Risk Technology (eDART) team, manages a Risk and Control Self-Assessment (RCSA) program for the firm. The purpose of the RCSA program is to provide a common, firm-wide risk and control self-assessment framework that Senior Management can use to:

Document the inherent risks of their business unit
Describe the key controls activities in place to mitigate those risks
Document the risk issues that could include action plans for improvement
Provide a vehicle for firm-wide cataloging and tracking of risks, controls and issues to facilitate analysis for reporting to the Firm’s Board Risk Committee, management committee, senior management, and other oversight groups
Provide support for the Firm’s risk management frameworks, including Enterprise and Operational Risk Management, which includes: Risk Identification, Assessment, Monitoring, Reporting and Measurement
The intern will have the opportunity to work closely with members of RCSA Administration as they execute key functions of the RCSA Program, that includes engaging business partners and oversight groups with help and guidance in fulfilling their responsibilities with emphasis placed on risk assessment, reporting, risk monitoring and data quality.

You will help with the following key responsibilities:
Validate risk, control, issue and action plan information provided by business partners and oversight groups for compliance with established procedures in support of data consistency and quality
Analyze risk information that will be reported to risk management committees and the Board for completeness and accuracy
Process RCSA data changes requested by business partners or other data needs in support of data completeness
Engage in User Acceptance Testing (UAT) activities with one of the leading Governance, Risk and Compliance tools in the industry (IBM’s OpenPages) to ensure business requirements for system enhancements are working as expected
Work on department initiatives to mature various aspects of the RCSA Program
Work on ad-hoc analysis and/or reporting assignments related to RCSA information as requested by business partners, oversight groups or regulators

Your skillsets should include:
Strong written and verbal communication skills
Familiar with the concepts and ability to perform UAT on system enhancements
Proficient in Microsoft Excel, Word and PowerPoint
Good independent judgement with strong analytical skills
Self-starter with strong organizational/time management skills
Ability to manage multiple assignments all at one time
Effective relationship builder; ability to partner with others to work effectively with various levels of the organization as well as various personality types

What you will learn:
Unique insights into the key concepts of a Risk and Control Self-Assessment Program and how they are implemented
How technology is used (OpenPages) to support an extensive program that engages nearly all senior officers and their delegates across the Frim in a regular assessment and reporting process
How and what type of risk information is reported to business line management up through to the Board

Corporate Compliance Track

Compliance is a growing and dynamic field within the financial services industry. A 2014 Wall Street Journal article declared “In a U.S. economy struggling to create jobs, at least one field is booming: compliance”. The Compliance Track of Schwab’s Intern Academy is offering a vibrant and unique intern opportunity in either Austin, TX, or Chicago, IL.

Compliance touches every facet of the financial services industry. The Compliance intern will have the opportunity to work with business partners throughout the organization to help identify, forecast and mitigate risk to our clients and the Firm. Project opportunities are designed and executed with a focus on achieving results. Support of the following responsibilities is likely:

You may review trading patterns to help identify potential market manipulation.
You may assist in investigating clients who might be engaging in prohibited activity.
You may perform gap analysis of existing dataflow; analyze reports to ensure proper data capture and relay.
You may catalogue, refresh and consolidate various information channels to improve readability and comprehension.
You may review historical alerts and perform trending analysis.
You may assist in the effort to identify efficiencies, compile and analyze requisite metrics.
You may review marketing materials to help ensure our client communications are fair and balanced, and not misleading.
You may review and enhance internal educational materials to help ensure robust saturation.
You may engage in the assessment of regulatory risk to the various business lines.
What you have

Superior communication skills (written and verbal).
Comfort using an array of Microsoft Office utilities: Word, Excel, Outlook, PowerPoint, Access
Self-starter mentality with outstanding organizational skills.
Curiosity to continually reevaluate existing processes, ask questions, seek to understand.
Ability to track multiple projects (3-4) ongoing at once.
Effective relationship builder-ability to partner cross-location, cross-enterprise and work effectively with various levels of the organization as well as various personality types.
What you will achieve

You will gain a unique understanding of the broad scope of support Compliance provides.
You will learn how to interpret and apply a risk based approach to achieving success.
You will use an array of tools, such as Schwab’s uniquely tailored surveillance systems, to gather and analyze data, research, and communicate with colleagues in the best interest of our clients.
You will gain exposure to our programs related to Testing, Surveillance, Conflict of Interest, Licensing & Registration, Investment Advisory, Risk Assessment, Vulnerable Senior initiatives and various products in the financial services industry (Retirement, Robo-Advisory, ETF’s, and Mutual Funds).
You will learn from some of the best in the industry by shadowing the Compliance Department’s top leaders as they advise business partners on navigating and managing the potential risks of new products and services. You’ll experience first-hand the importance of effective communication and relationship building skills.
You will spend time learning what makes Schwab the most trusted brand in financial services.
Upon completion of internship, if potential full-time employment opportunity is offered, available locations are in Chicago, IL; Austin, TX; or Westlake, TX.

Financial Crimes Risk Management Track

Financial Crimes Risk Management (FCRM) is a growing and dynamic field within the financial services industry. Between the USA PATRIOT Act of 2001 and a heightened regulatory environment, Schwab has been rapidly expanding its FCRM program. Schwab’s vision is “to safeguard the Firm’s reputation as the most trusted leader in the financial services industry while protecting and serving our clients.” In order for Schwab to maintain clients’ utmost trust, FCRM has made it their mission to “think ahead of the threat” by being the leader in the detection and mitigation of financial crime threats to the Firm and our clients. The Financial Crimes Risk Management Track of Schwab’s Intern Academy is offering a vibrant and unique intern opportunity in West Lake, TX.

The following departments will be hiring interns:
Fraud Investigations—The Fraud Investigations (FI) group is responsible for conducting fraud investigations firm-wide as a part of the Corporate Investigations division. The team is responsible for investigating complex cases involving fraud against client and corporate assets and actively pursuing all opportunities to recover any assets lost to fraud.
Visa & Check Fraud Investigations—The Visa & Check Fraud Investigations team is responsible for monitoring, investigating and processing unauthorized Visa debit card, Auto Clearing House (ACH) and check fraud claims for the Schwab One and Schwab Bank Investor Checking payment features.
Anti-Money Laundering Surveillance—The Anti-Money Laundering Surveillance team is responsible for filtering potentially suspicious activity and escalating it to the Anti-Money Laundering Investigations team for further review. The team uses analytics to identify irregular activity and unusual behavioral patterns.
Anti-Money Laundering Investigations—The Anti-Money Laundering Investigations team is responsible for conducting thorough investigations involving money laundering, assessing risk to the firm, and recommending the appropriate actions to comply with the laws and regulations.
High Risk Accounts—The High Risk Accounts (HRA) team provides Schwab with a better understanding of the risks associated with an entity or individual, and thereby allows the firm to make risk-sensitive decisions. HRA looks closely at Foreign Financial Institutions, High Risk Politically Exposed Persons, and Foreign entity clients, for example.
Financial Intelligence Team—The Financial Intelligence Analytics & Reporting Team (FIT) proactively identifies threats, trends, and patterns related to a multitude of financial crimes, including money laundering, fraud, bribery, and OFAC violations. FIT fuses threat data with external research to provide actionable intelligence through analytical work product and reporting, raising awareness across the enterprise.

Support of the following responsibilities is likely:
You may review trading patterns to help identify potential market manipulation.
You may assist in investigating clients who might be engaging in prohibited activity.
You may perform gap analysis of existing dataflow; analyze reports to ensure proper data capture and relay.
You may catalogue, refresh and consolidate various information channels to improve readability and comprehension.
You may review historical alerts and perform trending analysis.
You may assist in the effort to identify efficiencies, compile and analyze requisite metrics
What you have

Superior communication skills (written and verbal).
Strong analytical ability to interpret data and ultimately solve problems
Keen decision-making aptitude
Comfort using an array of Microsoft Office utilities: Word, Excel, Outlook, PowerPoint, Access
Self-starter mentality with outstanding organizational skills.
Curiosity to continually reevaluate existing processes, ask questions, seek to understand.
Ability to track multiple projects (3-4) ongoing at once.
Effective relationship builder-ability to partner cross-location, cross-enterprise and work effectively with various levels of the organization as well as various personality types.
Interest in financial literacy in both your personal and professional life
What you will achieve

You will gain a unique understanding of the broad scope of support Risk Management provides.
You will learn how to interpret and apply a risk based approach to achieving success.
You will use an array of tools, such as Schwab’s uniquely tailored surveillance systems, to gather and analyze data, research, and communicate with colleagues in the best interest of our clients.
You will gain exposure to our Licensing & Registration Units, Investment Advisory units, Vulnerable Senior initiatives and various products in the financial services industry (Retirement, Robo-Advisory, ETF’s, and Mutual Funds).
You will learn from some of the best in the industry by shadowing the Risk Management Department’s top leaders as they advise business partners on navigating and managing the potential risks of new products and services. You’ll experience first-hand the importance of effective communication and relationship building skills.
You will spend time learning what makes Schwab the most trusted brand in financial services.
Upon completion of internship, if potential full-time employment opportunity is offered, the available location is in Westlake, TX.

Corporate Operational Risk Intern

Our Opportunity:
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.

What you’ll do:
Reporting to a leader within the Business Continuity and Incident Management (BCIM) Program Office of Charles Schwab, the BCIM department is responsible for planning, overseeing recovery plans and resumption plans within the firm. The successful candidate will analyze qualitative data, create professional PowerPoint materials, learn techniques for Tabletop exercises, and communicate risks to leadership team during the third quarter 2019.

Within the BCIM department there are five pillars which the candidate will assist in a variety of activities;

Program Office (PO) – The PO is responsible for monitoring standards, project management and performing gap analysis, and quality assurance.

Incident Management (IM) – The IM team is responsible for responding and facilitating firm-wide discussions when a disaster event occurs.

Business Continuity Planning (BC Planning) – The BC Planning is responsible for overseeing the Firms Business Impact Analysis and Recovery Strategies.

Third Party Continuity and Management Governance (TPCMG) – The TPCMG analyzes and oversees the Firms’ third-party suppliers to ensure due diligence, capacity and management.

Technology Resilience Oversight (TRO) – The TRO provides a centralized, independent oversight of Technology Resilience and Disaster Recover Program.

These are only a summary only of duties and responsibilities may be changed from time to time.

To learn more about the culture at Schwab, click here to meet our people.

What you have:
The ideal candidate will possess the following qualifications

Knowledge

Introductory knowledge of the financial industry and banking business continuity standards
Introductory knowledge or concepts of business continuity practice and cyber resilience
Introductory knowledge of departmental areas that represent the organization of a financial company
Introductory knowledge or concepts of risk management
Skills

Research skills – the ability to conceptualize, prioritize and organize topics to aid in the gathering of information
Decision skills – the ability to identify and consider options for the execution of assigned tasks
Data mining skills – the ability to use various Microsoft products to collect and organize data in support of analytical tasks
Analysis skills – the ability to use various Microsoft products to perform basic analysis projects with direction, including flowcharting
Problem solving skills – the ability to brainstorm and identify options necessary to overcome basic project/task barriers
Task management skills – the ability to break assignments in to meaningful sub-tasks
Communication skills – strong oral and written skills
Time management skills – the ability to juggle concurrent assignments and bring them to completion within agreed upon deadlines
General

Eager to learn
Enthusiastic
Task/execution focused
Able to work well independently as well as in a team setting

What you’ll learn:
How do look at a process end-to-end and assess that process for business continuity and Incident management
Understanding the business continuity and Incident management department function and how to plan, recovery and resume business functions
How data is sourced and transformed from information to knowledge
Furthering your knowledge and understandings of concepts related to business continuity and Incident management

Operational Risk Management Validation and Controls Track

In Corporate Operational Risk, our purpose is to govern, oversee, and continually improve the operational risk program through supporting and challenging business partners and raising risk awareness and understanding to improve risk based decision making. We look to minimize operational risk impacts across all of the Firm and its subsidiaries and affiliates. We do this through fostering a risk culture consistent with the core values of the Firm of loyalty, One Schwab, operating discipline and innovation.

Reporting to the Sr Team Manager of Operational Risk Management Validation and Control (ORMVC), the successful candidate will have the opportunity to review the design and effectiveness of operational risk controls across the Firm’s Risk and Control Self-Assessments. You will have the opportunity to participate in all phases of testing, from planning to issue management. Responsibilities include, but are not limited to:

Planning and preparation of kick-off meetings, requesting/gathering testing evidence
Assist in performing control design walkthroughs; prepare documentation, and meeting minutes as necessary
You may assist in evaluation of the effectiveness of controls in place to identify risk; review evidence, document testing results in a comprehensive and organized manner
Assist in drafting reports and presenting findings and recommendations to appropriate business partners
What you have

Superior communication skills (written and verbal).
Comfort using an array of Microsoft Office utilities: Word, Excel, Outlook, PowerPoint, Access
Self-starter mentality with outstanding organizational skills.
Curiosity to continually reevaluate existing processes, ask questions, seek to understand.
Ability to track multiple projects (3-4) ongoing at once.
Effective relationship builder-ability to partner cross-location, cross-enterprise and work effectively with various levels of the organization as well as various personality types.
What you will achieve

You will gain a unique understanding of the broad scope of support the 2nd line of defense provides.
You will learn how to interpret and apply a risk based approach to achieving success.
Corporate Operational Risk Intern

What you’ll do:
Reporting to a leader within the Corporate Operational Risk department of Charles Schwab, the successful candidate will be assist in aspects of the operational risk framework that relate to most parts of the Operational Risk process. This includes working with the Data Risk Management to assist in oversight activities. They will support activities performed by the Operational Risk Research team in the monitoring of industry activity and performing studies on large losses and/or firm projects. The successful candidate will play a role in the data quality process and in report production of Operational Risk related data.

These are only a summary only of duties and responsibilities may be changed from time to time.

To learn more about the culture at Schwab, click here to meet our people.

What you have:
The ideal candidate will possess the following qualifications

Knowledge

Introductory knowledge of the financial industry and brokerage products/services
Introductory knowledge of GAAP
Introductory knowledge of departmental areas that represent the organization of a financial company
Introductory knowledge or concepts of risk management
Skills

Research skills – the ability to conceptualize, prioritize and organize topics to aid in the gathering of information
Decision skills – the ability to identify and consider options for the execution of assigned tasks
Data mining skills – the ability to use various Microsoft products to collect and organize data in support of analytical tasks
Analysis skills – the ability to use various Microsoft products to perform basic analysis projects with direction, including flowcharting
Problem solving skills – the ability to brainstorm and identify options necessary to overcome basic project/task barriers
Task management skills – the ability to break assignments in to meaningful sub-tasks
Communication skills – strong oral and written skills
Time management skills – the ability to juggle concurrent assignments and bring them to completion within agreed upon deadlines
General

Eager to learn
Enthusiastic
Task/execution focused
Able to work well independently as well as in a team setting

Third-party Risk Management Intern

What you’ll do:
Third Party Risk Management (TPRM), a second line of defense function within Corporate Operational Risk (COR), is responsible for providing independent governance, ongoing oversight of the risk and control environment and risk reporting of third party relationships throughout Charles Schwab Corporation and Banks. This role will report into a leader within the Corporate Operational Risk department.

These are only a summary of duties and responsibilities which may change from time to time.

To learn more about the culture at Schwab, click here to meet our people.

What you have:
The ideal candidate will possess the following qualifications:

Knowledge

Introductory knowledge of the financial industry and brokerage products/services
Introductory knowledge of Microsoft Excel and PowerPoint
Introductory knowledge or concepts of risk management
Skills

Decision skills – the ability to identify and consider options for the execution of assigned tasks
Data mining skills – the ability to use various Microsoft products to collect and organize data in support of analytical tasks
Analysis skills – the ability to use various Microsoft products to perform basic analysis projects with direction which may include pivot tables and macros
Research skills – the ability to conceptualize, prioritize and organize topics to aid in the gathering of information
Problem solving skills – the ability to brainstorm and identify options necessary to overcome basic project/task barriers
Task management skills – the ability to break assignments in to meaningful sub-tasks
Communication skills – strong oral and written skills
Time management skills – the ability to manage concurrent assignments and bring them to completion within agreed upon deadlines
General

Eagerness to learn
Enthusiasm
Able to work well independently as well as in a team setting
Great communication (written and verbal) and interpersonal skills
Interest in supply chain management, Lean / Six Sigma, or risk management

What you’ll learn:
You will gain a unique understanding of financial services, risk management, and third-party risks
You will learn how to use a risk based approach to detect and resolve operational issues
You will learn about key vendor and third-party risks and controls key to financial services
How to look at a process end-to-end and assess that process for risk
Understanding the needs of a risk reporting function
Furthering your knowledge and understandings of concepts related to risk management

Information Technology Risk Management Intern

What you’ll do:
Information Technology Risk Management (ITRM), a newly created function within Corporate Operational Risk (COR), has second line of defense responsibility for governance and oversight of the ITRM program, which is designed to execute, manage, measure, control and report on risks throughout Schwab Technology Services. This role will report into a leader within the Corporate Operational Risk department.

These are only a summary of duties and responsibilities which may change from time to time.

To learn more about the culture at Schwab, click here to meet our people.

What you have:
The ideal candidate will possess the following qualifications:

Knowledge

Introductory knowledge of information technology
Advanced knowledge of Microsoft Excel and PowerPoint
Introductory knowledge or concepts of risk management
Skills

Decision skills – the ability to identify and consider options for the execution of assigned tasks
Data mining skills – the ability to use various Microsoft products to collect and organize data in support of analytical tasks
Analysis skills – the ability to use various Microsoft products to perform basic analysis projects with direction which may include pivot tables and macros
Research skills – the ability to conceptualize, prioritize and organize topics to aid in the gathering of information
Problem solving skills – the ability to brainstorm and identify options necessary to overcome basic project/task barriers
Task management skills – the ability to break assignments in to meaningful sub-tasks
Communication skills – strong oral and written skills
Time management skills – the ability to manage concurrent assignments and bring them to completion within agreed upon deadlines
General

Eagerness to learn
Desire to learn how to use governance, risk management, and compliance (commonly referred to as GRC) tools such as RSA Archer
Enthusiasm
Able to work well independently as well as in a team setting
Great communication (written and verbal) and interpersonal skills
Interest in information technology or risk management

What you’ll learn:
You will gain a unique understanding of financial services, risk management, and information technology
You will learn how to use a risk based approach to find technological solutions to common business problems
You will learn about technology risks and controls key to any industry
How to look at a process end-to-end and assess that process for risk
Understanding the needs of a risk reporting function
Furthering your knowledge and understandings of concepts related to risk management

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Job Specifications
Relocation Offered?: No
Work Schedule: Days
Languages: English - spoken
Current Licenses / Certifications: None
Relevant Work Experience: No Work Experience
Position Located In: IL - Chicago, AZ - Phoenix, CO - Lone Tree, TX - Westlake
Education: HS/GED
Job Type: Part Time

Category:Campus Programs/Internships
Activation Date: Thursday, August 30, 2018
Expiration Date: Saturday, December 1, 2018
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