Director, Retail Wealth Management Compliance

Welcome to Charles Schwab, one of the leading financial institutions in the world. We are seeking a highly experienced and dedicated professional to join our team as the Director of Retail Wealth Management Compliance. In this role, you will play a crucial role in ensuring that our retail wealth management division adheres to all regulatory and compliance requirements. With your expertise and leadership, we can continue to provide our clients with the highest level of service and maintain our reputation as a trusted and ethical financial institution. If you are a seasoned compliance professional with a strong understanding of the retail wealth management industry and a passion for upholding ethical standards, we would love to hear from you.

1. Develop and implement compliance policies and procedures for the retail wealth management division in accordance with industry regulations and company standards.
2. Conduct regular audits and reviews to identify any potential compliance issues and address them in a timely manner.
3. Stay up-to-date on changes in regulatory requirements and communicate any updates or changes to the appropriate stakeholders.
4. Collaborate with various teams within the organization, such as legal, risk management, and operations, to ensure a comprehensive and cohesive compliance program.
5. Provide training and guidance to employees on compliance best practices and regulatory requirements.
6. Monitor and assess the effectiveness of the compliance program and make recommendations for improvement.
7. Serve as the main point of contact for any regulatory inquiries or audits related to the retail wealth management division.
8. Investigate and report any compliance violations or breaches, and work with relevant parties to address and resolve them.
9. Maintain accurate and organized records of compliance activities, and prepare reports for senior management and regulatory agencies as needed.
10. Act as a trusted advisor and resource for the retail wealth management team, providing guidance and support on compliance matters.
11. Foster a culture of compliance and ethics within the organization, promoting a strong commitment to upholding regulatory standards and ethical practices.
12. Continuously evaluate and enhance the compliance program to ensure it is aligned with industry best practices and evolving regulatory requirements.

According to JobzMall, the average salary range for a Director, Retail Wealth Management Compliance in Phoenix, AZ, USA is $130,000 - $160,000 per year. However, this can vary depending on the specific company, years of experience, and other factors such as bonuses and benefits.

Through its operating subsidiaries, The Charles Schwab Corporation (NYSE: SCHW) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services.