Charles Schwab has been a leader in financial services for nearly four decades, working to make investing more affordable, accessible and understandable to all. Driven by our purpose to champion every client’s goals with passion and integrity, we’re committed to providing an environment that respects and appreciates the diversity of our employees, our clients, and the communities we serve. Our goal, as seen through clients' eyes, is that Schwab continuously improves on being a premier financial service provider through best in class service, technology, products, people and advice.
The Office of Corporate Counsel provides legal advice to all aspects of Schwab's business. This position will be a part of our Institutional & Retail Legal Team, which serves as enterprise counsel for the client-facing businesses of Schwab. This includes Investor Services for retail investors, Advisor Services for independent registered investment advisers, and Corporate and Retirement Services for employers and their employees.
This role will support our new Compliance Solutions business group that is part of the Corporate Brokerage Services division. Compliance Solutions offers third party corporate clients unique, comprehensive compliance and employee trade-monitoring tools, including innovative technology. It leverages the capabilities of Charles Schwab & Co. (a registered broker-dealer) and recently acquired Compliance11® to serve companies and their employees by providing more simplified and streamlined compliance and trade monitoring solutions.
Brief Description of Role:
We are looking for a Legal Director to serve the Compliance Solutions Group in a chief counsel capacity. The Legal Director will serve as a strategic thought partner, provide analysis and recommendations on business projects, advise on applicable legal and regulatory requirements, and handle contract drafting and negotiations.
This individual will be co-located with the Compliance Solutions Group in Chicago to partner closely with the Vice President of Schwab Compliance Solutions and his business team. The Legal Director will report in to the Senior Vice President and Deputy General Counsel for Charles Schwab & Co. (located in San Francisco) and work with the rest of the Office of Corporate Counsel legal team and Corporate Oversight to support this fast growing business.
Ideally, at least ten years of experience at a top law firm or in-house counsel experience at a financial institution.
Understanding of and experience with broker-dealer and/or investment adviser regulatory or compliance requirements.
Ability to advise senior leaders and develop relationships with different business and Legal and Compliance partners.
Experience drafting & negotiating financial services business-to-business agreements with a technology component.
Strong business acumen and ability to work independently.
Juris doctorate degree and Bar Admission (State of Illinois preferred).
Excellent oral and written communication skills.
Ability to address multiple priorities in a fast paced environment.
The Charles Schwab Corporation (NYSE: SCHW) has been a leader in financial services for more than three decades. Through advocacy and...