2023 Charles Schwab Accounting Internship (Denver, CO)
Your Opportunity
Do you want to spend your summer internship with a company that has been challenging the conventions of the financial services industry for over 50 years? Schwab’s mission is to help our clients build a better future for themselves, their families, and their communities. It is summed up in our tagline – Own your tomorrow – and it permeates everything we do.
The design of the program invites interns to engage directly in Schwab’s culture of service, while challenging them with a blend of learning programs, team-building activities, networking opportunities, and enriching work projects. Features of our 2023 program include:
- Business Track Project: Working with your host business track at Schwab provides a meaningful and valuable experience to translate classroom learning into real business projects.
- Intern Cohort Project: Partner with other interns to brainstorm, discuss learning experiences, and present solutions.
- Learning Activities: Participate in facilitated training, team discussions and events, individual assessments and activities, senior leader meetings, and on-the-job training.
- Dedicated Intern Leader:Receive regular feedback from your leader, participate in career-related discussions, and provide your own feedback.
- Strengths Application:Learn about yourself and how to apply your unique strengths, abilities, and goals to the work you do as part of Schwab’s ‘strengths-based’ culture.
- Networking:Build your network by interacting with professionals across Schwab, including senior leaders, peers, and Schwab Intern Academy Alumni.
Because interns are considered a primary pipeline for full-time opportunities, every intern candidate must be eligible for full-time employment upon graduation and must also meet the following requirements:
- Enrolled in a current undergraduate or graduate program tracking to graduate betweenAugust 2023 and June 2024
- Ability to work full time and be on-site at assigned Schwab location during the 9-week program (June 5 to August 4, 2023)
- Have specific skills as specified by the hosting Business Track
Schwab is recognized as an industry leader, and our welcoming culture will embrace your individuality and partner you with other like-minded and solution-focused students. We will invest in your summer experience by providing you direction and leadership for a robust and well-rounded internship, as well as helping you focus on a potential future career with Schwab.
Regardless of which opportunity you pursue, we will provide you with a consistent and outstanding experience – one you won’t soon forget!
What you are good at
We look for students with:
- Optimism and curiosity, who possess a keen sense of purpose, awareness, and knowledge and who have the demeanor of an everyday leader
- Resourcefulness and flexibility, who enjoy working through cross-functional partnerships and collaboration to achieve a common purpose
- An innovative and questioning demeanor, who constantly look for better ways to do things, have a passion for service, and seek to exceed client expectations
What you have
- A strong desire to build and grow a career in the financial services industry
- Outstanding communication skills (written and oral)
- The courage to ask “why”
As an affirmative action employer, Schwab takes affirmative action to employ qualified minorities, women, individuals with disabilities, and protected veterans in our intern program. As a culture that values Diversity and Inclusion, Schwab encourages the application of Women, Minorities, Individuals with Disabilities and Protected Veterans to the Intern Academy.
There are many different business tracks that you can engage with over the course of the summer. Some of the tracks that will host 2023 interns are:
- Corporate Risk Management
- Digital Services
- Finance
- Human Resources
- Internal Audit
- Investor and Client Service
- Marketing
- Model Risk Management
- Operations
- Retirement Business Services
- Schwab Charitable
- Schwab Asset Management
- Schwab Branch Network
- Schwab Technology Services
- Workplace Financial Services
Finance – Controllers – SOX Compliance and Internal Control Audits Intern
The Sarbanes-Oxley Compliance Office (SCO) performs risk assessment, scoping, testing, concluding, and results reporting for the annual assessments of management’s Internal Control over Financial Reporting (ICFR) for SOX and FDICIA, and the annual assessments of management’s Internal Control over Compliance (ICOC) for SEA Rule 17a-5. The SCO supports Schwab’s mission by assessing controls addressing the completeness and accuracy of Schwab’s financial reporting, and Schwab’s financial reporting is used to secure financing so the company can meet the needs of our clients. In addition, the SCO assesses ICOC addressing the protection of client assets, which gives clients comfort to invest their assets with Schwab.
The intern will have a unique opportunity to split their internship with the SCO’s Business Process and IT testing specialists to allow them to explore multiple areas of the assessment and to discover the areas in which they excel and that they most enjoy. They will partner with members of the SCO to conduct walkthrough meetings, to perform testing and issue analysis, and to provide testing results. Through these steps, the intern will gain exposure to many areas of the company and will begin to learn how Schwab is structured and operates.
What you’ll do:
- Support a risk-based approach to Schwab’s annual ICFR and ICOC assessments by seeking and applying understanding of Schwab’s risks and controls
- Lead discussions with process control performers across the company to create and update process documentation, flowcharts, and risk assessments
- Collaborate with management, Schwab’s external auditor, and other Schwab testing programs to enhance the ICFR and ICOC environments
- Develop recommendations to correct control deficiencies and provide ideas for process improvements
- Perform and document high-quality work in accordance with team policies, standards, and procedures
- Assist in other project assessment activities, such as system conversion testing and acquisition integrations
- Encourage and participate in a high performing, engaged, and positive team environment
- Improve and innovate the SCO’s assessment and operational approaches, including with automation and data visualization tools
What you have:
- Planned final graduation date between December 2023 and June 2024 earning a bachelor’s degree or higher in Accounting, Finance, Information Systems, or Information Technology
- Curiosity to learn how to assess the design and operating effectiveness of business and IT processes
- Excellent communication skills (written and verbal)
- Excellent organizational skills, enabling one to manage multiple priorities
- Ability to build strong relationships and to work effectively with various levels of the organization
Colorado Compensation
Target Total Compensation – $25.00/hour
Your actual pay will be based on your skills and experience -- talk with your recruiter to learn more
Why work for us?
Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth.
Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home—today and in the future. Explore further.
Schwab is committed to building a diverse and inclusive workplace where everyone feels valued. As an Equal Opportunity Employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. Please click here to see the policy.
Schwab is an affirmative action employer, focused on advancing women, racial and ethnic minorities, veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at applicantaccessibility@schwab.com or call 800-275-1281.
TD Ameritrade, a subsidiary of Charles Schwab, is an Equal Opportunity Employer. At TD Ameritrade we believe People Matter. We value diversity and believe that it goes beyond all protected classes, thoughts, ideas, and perspectives.