Alternative Investments Manager
Your Opportunity
Your opportunity
Alternative Investment Custody Services is seeking a Team Manager to lead a team supporting custody and asset serving of alternative investments. The Team Manager will lead the Alternative Investments Asset Acceptance Review team. The ideal candidate will lead a team tasked with performing detailed operational reviews on non-standard assets within a range of structures, including but not limited to pooled investment funds, REITs, and BDCs.
Other responsibilities include partnering with an external vendor to support executing client requests and performing asset servicing on Alternative Investments held in Charles Schwab & Co., Inc. brokerage accounts.
What Your Good At
The ideal candidate is self-driven, and a proven leader. One who can not only inspire, motivate and effectively manage people at different stages in their career and professional development but also effectively apply the principals of Change Leadership. This includes building effective teams through awareness, coaching, feedback, reinforcement, oversight, accountability, as well as demonstrating sound business judgment. The ideal candidate excels at building strong partnerships with internal business partners and external industry leaders.
Some specific duties of those position include, but not limited to:
- Lead and coach team members to identify challenges and develop future state solutions
- Develop and maintain asset review frameworks, ensuring compliance with internal policies and regulatory requirements
- Perform thorough operational due diligence on alternative investment assets such as private equity, hedge funds, and real estate.
- Support and develop an engaged and cross-functional team
- Collaborate with internal partners to provide a smooth asset onboarding experience for clients.
- Partner with internal organizations, including Schwab Technology, Product Management, external vendors, and other internal business channels, to deliver on theorganization’sAI Modernization strategy
- Collaborate with colleagues to improve workflows, identify best practices, and make the best use of resources.
- Develop and maintain relationships with industry participants including other limited partners, general partners, and industry thought leaders through participation in annual meetings, advisory committee meetings, industry conferences and other ad hoc meetings and events
- Stay updated on industry best practices, emerging risks, and regulatory developments in alternative investments.
- Assess and enhance operational workflows, reporting structures, and risk management protocols.
What you have
- Threeor more years of experience in the financial services industry
- Bachelor’s degree preferred
- Two or more years of experience in alternative investment operations, asset management, or a related field
- Two or more years of people leadership experiencepreferred
- A strong understanding of private equity, hedge funds, and real asset investment structures is needed.
- Demonstrated abilityto lead change initiatives
- Strong leadership, motivational and coaching skills that cultivates a strong and engaging environment.
- Possess excellent time management and organizational skills, and the ability to prioritize and solve problems in dynamic, multitasking environments.
- Excellent relationship management skills and a focus on improving the client experience.
- Ability to identify and mitigate risk by adhering to department and firm policies and procedures.
- Possessexcellent analytical, problem-solving, and communication skills.
Preffered
- candidates with activ and valid FINRA Series 7 and 63 licenses.
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
- Three or more years of experience in the financial services industry
- Bachelor’s degree preferred
- Two or more years of experience in alternative investment operations, asset management, or a related field
- Two or more years of people leadership experience preferred
- A strong understanding of private equity, hedge funds, and real asset investment structures is needed.
- Demonstrated ability to lead change initiatives
- Strong leadership, motivational and coaching skills that cultivates a strong and engaging environment.
- Possess excellent time management and organizational skills, and the ability to prioritize and solve problems in dynamic, multitasking environments.
- Excellent relationship management skills and a focus on improving the client experience.
- Ability to identify and mitigate risk by adhering to department and firm policies and procedures.
- Possess excellent analytical, problem-solving, and communication skills.
Preffered
- candidates with activ and valid FINRA Series 7 and 63 licenses.
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.