Sr Specialist, Trading Operations
Your Opportunity
Your 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.
Charles Schwab Investment Management (CSIM) is the asset management arm of the Charles Schwab Corporation. CSIM delivers a wide variety of products including mutual funds, exchange-traded funds (ETFs) and money market funds within Schwab Asset Management Solutions (SAMS). The overall SAMS team embodies our firms commitment to providing client-centric solutions that help Schwab clients achieve their financial goals.
The CSIM Separately Managed Accounts Reconciliation Team reviews the accuracy of transactions daily in client accounts. The teams goal is to provide the detailed, timely, and accurate reviews of client accounts. We hold ourselves to the highest of standards and strive to create a strong functional atmosphere in which our PMs and Traders can focus solely on making effective decisions for our clients accounts.
Key job responsibilities will include, but not be limited to:
- Review transactions for client accounts.
- Cash and position reconciliation.
- Monitor and process corporate actions.
- Identifying, investigating, and resolving cash, position, and performance, issues.
- Communicating with and monitoring our external vendors (custodians, accountants, etc.) and internal partners.
- Ensure data integrity and assist with system maintenance
- Network with senior personnel internally and externally to resolve issues, gain needed information, and influence outcomes for team
What you have
Required Qualifications:
- Bachelor’s Degree Required
- 3+ years of experience in financial operations
- Ability to work a flex 8 hour schedule 7:00am – 5:00 pm EST
Preferred Qualifications:
- Experience with separately managed accounts and/or 40 ACT funds preferred
- Familiarity with corporate actions
- Demonstrate good judgment in selecting methods and techniques for obtaining solutions
- Require little instruction on day-to-day work in operational processes
- Ability to identify and solve issues proactively and independently
- Strong communication, teamwork, and relationship building skills
- Vestmark and BlackRock’s Aladdin system experience preferred
In addition to the salary range, this role is also eligible for bonus or incentive opportunities.
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
What you are good at
What you have
Required Qualifications:
- Bachelor’s Degree Required
- 3+ years of experience in financial operations
- Ability to work a flex 8 hour schedule 7:00am – 5:00 pm EST
Preferred Qualifications:
- Experience with separately managed accounts and/or 40 ACT funds preferred
- Familiarity with corporate actions
- Demonstrate good judgment in selecting methods and techniques for obtaining solutions
- Require little instruction on day-to-day work in operational processes
- Ability to identify and solve issues proactively and independently
- Strong communication, teamwork, and relationship building skills
- Vestmark and BlackRock’s Aladdin system experience preferred
In addition to the salary range, this role is also eligible for bonus or incentive opportunities.
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment 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 policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.