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SalaryYour Opportunity
At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.
Schwab Charitable’s mission is to increase giving in the U.S. with donor-advised funds (DAF) and philanthropic tools and resources that make charitable giving tax-smart, simple, and efficient. We offer tools, guidance, and relationships that empower donors to incorporate charitable planning into their everyday lives and make a bigger difference in the world. Since our founding in 1999 as an independent 501(c)(3) public charity, Schwab Charitable donors have granted more than $33 billion to more than 246,000 charities. Visit SchwabCharitable.org for more information.
At Schwab Charitable, we believe people have an inherent desire to give and that investing and giving when done together can empower us to make a real difference in the world. We make it easy to integrate charitable giving into clients’ financial planning and wealth management conversations. We believe that if our clients apply the same thoughtful strategy to their giving and philanthropy that they apply to their finances and investments, they will be happier and more fulfilled donors. With our uniquely integrated approach, our simple and tax-smart giving solution, our access to online resources and our team of charitable specialists, we offer the tools, guidance, and relationships to help donors give more to the charities that matter most to them.
Schwab Charitable was founded by Charles Schwab & Co. and while it operates as an independent charity, it is closely affiliated with and enjoys the support of Charles Schwab & Co, including contractual agreements to provide a variety of services. This position will be an employee of Charles Schwab & Co. and will be subject to its human resources and risk policies and procedures but will report to and be accountable to Schwab Charitable for day-to-day activities.
As a member of the Schwab Charitable Legal & Corporate Compliance Team, you will be responsible for our contracts management program, special projects, and providing legal advice and counsel to assigned departments. The contract management program requires experience in drafting and negotiation of a wide array of contracts, including vendor and grant agreements, as well as managing the review process and facilitating risk reviews. In addition, this position will provide secondary general legal support for corporate governance and operational matters.
The position is an individual contributor role that reports to the Director, Legal Counsel for Schwab Charitable.
Responsiblities include:
- Draft, negotiate, and review agreements and other legal documents and build standard forms as necessary; interact with key clients and stakeholders.
- Monitor and advise of changes in applicable law, rules, guidance, and supervisory systems and industry trends to maintain appropriate standards.
- Provide appropriate counsel and mentorship to identify and mitigate potential risk or significant negative impact to the charity.
- Work closely with cross-functional business partners, in support of Schwab Charitable’s donors and advisors.
- Assist in the development and implementation of policies, procedures and standard processes and advise business divisions and senior management of potential legal risks and implications of the same.
- Develop, provide, and manage training and presentations on complex legal matters.
- Assess, identify, and resolve significant and complex legal issues with substantial risk exposure and risk management strategies.
- Work well under pressure; able to meet short deadlines, while addressing multiple complex legal matters simultaneously.
- Able to successful work independently with little supervision, in alignment with team standards and practices, and still be a contributing member of a small dynamic legal team.
This would be a hybrid position, working out of the Westlake, TX office
What you have
To ensure that we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have
Required Qualifications:
- J.D. or Master of Laws from an accredited law school and state bar admission in good standing. (TX, preferred).
- At least 5+ years of transactional experience with either a U.S. law firm and/or in-house legal department with a focus on regulatory compliance or tax law and related matters. Knowledge of investment oversight is a plus.
- Strong organizational, interpersonal and communication skills (verbal and written) with the ability to collaborate with all levels of staff including senior management.
- Excellent written and oral communications skills.
- Confirmed ability to establish foundations for influence, building credibility and open, unquestioning relationships.
- Commitment to integrity, excellence, collaboration, and teamwork.
- Proven ability to work in a fast-paced environment, respond to shifting requirements and business obstacles, and achieve practical solutions.
- Strong analytical skills and demonstrated judgment to evaluate risks, costs, and benefits.
- Demonstrated eagerness and ability to seek and embrace new solutions.
Preferred Qualifications:
- Prefer experience in representing a public charity.
- Solid understanding of donor-advised fund (IRS, State Charities Regulators and fiduciary rules), RIA, SEC, banking and broker/dealer regulatory environments and ability to apply to Schwab Charitable’s unique situation.
What’s in it for you
At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
