Specialist, Internal Audit - Bank

Your Opportunity

The Internal Audit Department (IAD) of The Charles Schwab Corporation provides independent and objective assessments to figure out whether all significant risks are identified and appropriately reported by management and risk functions to the Board and Executive Management, to evaluate whether risks are adequately controlled, and to challenge Executive Management to improve the efficiency of governance processes, risk management, and internal controls.

We have a full-time position available for an entry level audit execution position within our Bank Audit team. The Bank Internal Audit team is focused on the execution of Bank and Trust audits that target internal controls and regulatory compliance for the four chartered Charles Schwab banks that service clients. Bank audits cover areas such as corporate governance and risk management programs, as well as deposit and lending products that are offered to our clients.

• Perform internal audit controls testing and issue follow-up testing.
• Participate in internal team meetings, as well as meetings with the business and auditees.
• Assist with Internal Audit operational tasks such as management of audit status, issue status, audit file preparation and implementation.
• Be responsible for handling your own tasks and letting teams know of your availability for work.
• Assist in planning and executing audits within various business units.

What you have

• Be a self-starter with strong organizational skills.
• Preferably a degree in Accountancy, Finance or other relevant discipline.
• The ability to work as a member of a team.
• Initiative to research, understand, and analyze a variety of situations or processes.
• The ability to analyze and prioritize tasks to meet deadlines and milestones.
• A desire to cultivate a strong working relationships both inside and outside of Internal Audit.
• Ideally 1-3 years of relevant job experience within the financial services industry.
• Strong interpersonal skills (written and verbal).
• The ability to participate on multiple audits (2-3) at the same time.
• A willingness to learn and grow.

• How to execute internal audits in accordance with department procedures and IIA standards.
• How to analyze and understand highly complex business processes that operate within the financial industry.
• To perform audit issue follow-up and how document results of that testing.
• How Internal Audit operates in a highly regulated environment and as the firm’s Third Line of Defense (3LOD).
• How to identify and assess inherent risks and controls to mitigate those risks.