Charles Schwab · 8 hours ago
Sr Manager, Banking and Trust Services Third Party Management
US-TX-Westlake
Full-time
Onsite
Senior Level
$133K/yr - $170K/yr
7+ years expCharles Schwab is a leading financial services firm, and they are seeking a Senior Manager for Banking and Trust Services Third Party Management. This role is responsible for executing and maturing the Third-Party Vendor Management Digital Asset Program, ensuring compliance with regulatory guidance, and building strong partnerships across various departments.
Financial Services
No H1B
Responsibilities
Manage Digital Asset Vendor Oversight Program and Documentation
Assist in the execution of a Digital Asset Vendor Oversight plan
Capture changes to the BTS Program processes, methodologies and guiding principles in the program document and ensure all information is aligned with all evolving regulatory guidance
Drive completion of third-party planning, due diligence, risk assessments, negotiations, and termination activities as outlined in the BTS Outsourcing and Oversight Management Program
Work with business owners and subject matter experts on issues and escalations
Drive completion of all related Digital Asset third party ongoing monitoring activities as outlined in the Bank Outsourcing and Oversight Management Program
Assist with the risk assessment and the due diligence process for new third parties
Ability to work on new contract proposals, contract renewals, amendments and work orders if needed
Work with the BTS third party management team to ensure timely updates to procedures
Execute a risk-based engagement and monitoring consistent with the third-party outsourcing program, and Enterprise Risk Management Policies
Develop risk-based processes and methodologies in accordance with Banking and Trust Services policy, programs, standards and expectations
Produce robust governance and oversight reporting consistent with risk taxonomy, executive and program requirements
Define and implement new methods for ensuring standard definition and adherence to service level objectives for inclusion in third party agreements
Assess third party ongoing financial and commercial viability and identify associated risks
Develop mitigation strategies and plans as needed
Resolve relationship issues as they arise
Further enhance the methodologies for identifying, tracking, and ongoing maintenance of Digital Asset third parties that perform functions for BTS
Develop reporting process to capture news and other publicly available alerts from third party management tool on BTS’ Digital Asset third parties
Contribute to ongoing departmental third-party outsourcing program development efforts to ensure continuous process improvement and efficiencies
Partner with various departments such as legal, product management, compliance and CS&Co’s third-party outsourcing team to ensure successful negotiation of contracts and to facilitate ongoing monitoring
Build strong working relationships with the inter-affiliate service providers as well as the external third-party account management teams
Participate in meetings with the BTS Management team for escalated third party issues
Participate, track and oversee projects that impact third parties
Coordinate meetings between the project team and the third party when needed
Work with Internal Audit for scheduled audits that involve the services provided by external third parties
Ensure robust standard and special purpose reports are designed to provide the Board, BTS Management and appropriate committees with information to evaluate risk, compliance and performance of Digital Asset Third Parties
Support periodic updates to the Board, Banking and Trust Services Management and appropriate committees on the status of the testing and monitoring program
Assist with federal banking regulatory exams, including advance preparation and coordination of requested information
Qualification
Required
Bachelor's Degree required; Advanced degree preferred
7+ years experience negotiating business to business agreements in the financial services industry
Knowledge of cryptocurrency and the functions of Digital Assets
Expertise in building relationships to work across multiple departments, including key business stakeholders and attorneys to negotiate agreements
Ability to work in a fast-paced team environment. Requires excellent time management skills, managing multiple competing priorities, and identifying and implementing solutions to address critical needs
Strong analytical skills, ability to research problems, determine root causes and solutions
Excellent written and verbal communication, including creation of written executive summaries and PowerPoint presentations
Ability to translate business needs into business requirements, and then implement
Benefits
Bonus or incentive opportunities
Company
Charles Schwab
We have plans for every turn you take.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
J
Jim McGreevy
Senior Project Manager
Recent News
2025-10-04
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2025-09-28
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