Associate, Cost Basis 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.
Cost Basis Operations is dedicated to leading a culture that delivers timely cost basis research, updates and reporting services in our efforts to create a premier client experience, while providing a controlled and disciplined environment that allows our employees to feel valued and engaged. Cost Basis Operations is under the Shared Support Services umbrella.
As an Associate in Cost Basis Operations you will be part of a team that oversees the transmission and upkeep of cost basis data for assets transferred in and out of Schwab. This is a fast-paced working environment where effective communication and teamwork are a must. Flexibility and adaptability are necessary, because the associate will rotate through different functions as business needs arise. Duties for this role will include, but are not limited to:
- Daily review/sorting of incoming emails from contra firms
- Daily communication with contra firms
- Research across multiple systems to verify transaction information
- Research escalations
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.
Preferred Qualifications:
- 2 years’ experience in Operations
- BA or BS
- Series 7/63
Required Qualifications:
- Intermediate computer skills including Outlook, Excel and Word
- This role requires strict adherence to the established policies and procedures
- Ability to work under pressure in a fast-paced, ever-changing environment while maintaining the highest level of positivity and professionalism
- Good decision making and sound judgment skills are a must
- Attention to detail is key in being successful in this position
- Requires accurate data entry skills
- Strong analytical skills
- Identify and communicate issues effectively and timely to peers and management team
- Ability to multi-task, understand the importance of follow-through
- Outstanding time management and organization skills
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
To ensure that we fulfill our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.
Preferred Qualifications:
- 2 years’ experience in Operations
- BA or BS
- Series 7/63
Required Qualifications:
- Intermediate computer skills including Outlook, Excel and Word
- This role requires strict adherence to the established policies and procedures
- Ability to work under pressure in a fast-paced, ever-changing environment while maintaining the highest level of positivity and professionalism
- Good decision making and sound judgment skills are a must
- Attention to detail is key in being successful in this position
- Requires accurate data entry skills
- Strong analytical skills
- Identify and communicate issues effectively and timely to peers and management team
- Ability to multi-task, understand the importance of follow-through
- Outstanding time management and organization skills
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.