Specialist, Trading & Trade Support
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.
We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location.
Wasmer Schroeder Strategies offer a wide range of fixed income separately managed accounts across the duration, credit, and tax-efficiency spectrums. The choices include actively managed and bond ladder portfolio strategies with both taxable and tax-exempt debt securities. Portfolio management for Wasmer Schroeder Strategies is provided by Charles Schwab Investment Management, Inc.
The Wasmer Trading & Trade Support team provides operational control and oversight to the portfolio managers (PMs) & traders as it relates to daily trade processing, settlements, and ongoing account maintenance. The Specialist is an integral part of the broader team by not only ensuring accuracy of work, but also through open communication and collaboration.
Key job responsibilities will include, but not be limited to:
- Account onboarding and maintenance
- Cash and position reconciliation identifying, investigating, and resolving trade, cash, and position issues
- Trade confirmation, transmission, and settlement
- Communicating with and monitoring our external vendors (brokers, prime brokers, custodians, accountants, etc.) and internal partners
- Security Operations support for corporate actions, security maintenance and valuation
- Follow established risk framework to secure adherence to control environment
- Ensuring data integrity and assisting with system maintenance
- Assist in the completion of Internal Audits and reviews
- Assist in the completion of operational projects
- Find efficiencies by leveraging low tech solutions in our current workflows
- Liaison between operational teams
- Provide support for managers on critical issues
What you have
Required Qualifications:
- 1-2 years of experience in middle office trade operations
- Experience and/or education related to the finance industry
Preferred Qualifications:
- Bachelor’s degree or equivalent experience preferred
- Experience with separately managed accounts preferred
- Ability to work under pressure and within tight deadlines
- Familiarity with trading and settlement processes for fixed income instruments
- Demonstrate good judgment when selecting methods and techniques for obtaining solutions
- Ability to work in small groups as well as independently
- Strong communication, teamwork, and relationship building skills
- Ability to identify and solve issues proactively and independently with minimal instruction on day-to-day work in operational processes
- Knowledge of Microsoft Office Suite and other industry related software
In addition to the salary range, this role is also eligible for bonus or incentive opportunities.
What’s in it for you
At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. 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:
- 1-2 years of experience in middle office trade operations
- Experience and/or education related to the finance industry
Preferred Qualifications:
- Bachelor’s degree or equivalent experience preferred
- Experience with separately managed accounts preferred
- Ability to work under pressure and within tight deadlines
- Familiarity with trading and settlement processes for fixed income instruments
- Demonstrate good judgment when selecting methods and techniques for obtaining solutions
- Ability to work in small groups as well as independently
- Strong communication, teamwork, and relationship building skills
- Ability to identify and solve issues proactively and independently with minimal instruction on day-to-day work in operational processes
- Knowledge of Microsoft Office Suite and other industry related software
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.