Licensed Mutual Funds Clearing Operations, Team Manager
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.
Clearing Mutual Fund Operations (CMFO) aims to lead the industry through excellent customer service, a wide range of products, and professional staff. CMFO oversees key Mutual Fund Operations functions such as Trading, Dividends, Trade Corrections, Contracts, Sub Accounting, and Vendor Relations. Team members must collaborate well with external and internal partners, adapt to change, and work effectively across locations.
The Team Manager will be responsible for strategy building, project management, and leading a functional team within Mutual Fund Operations. The primary priority is directing the day-to-day operations of the Clearing Mutual Fund Trading team and leading them through change and modernization.
Key responsibilities include:
- Leading by example
- Reviewing existing processes to identify opportunities
- Ensuring day-to-day operational efficiency
- Providing direction and strategy
- Coaching and mentoring team members
- Assessing staff training needs
- Team-building and motivating staff
What you have
To ensure that we fulfill our promise of " challenging the status quo " this role has specific qualifications that successful applicants should have.
Required Qualifications:
- Series 7 and Series 63 licenses
- 5 + years mutual fund industry experience
- 5 + years Clearing Operations experience
- 5 + years financial services experience
Preferred Qualifications:
- Strong leadership and problem-solving skills
- Excellent analytical and decision-making acumen
- Ability to work under pressure and manage multiple tasks simultaneously
- Excellent verbal and written communication skills including with external partners
- Self-starter and proven ability to work independently with little supervision
In addition to the salary range, this role is 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 applicants should have.
Required Qualifications:
- Series 7 and Series 63 licenses
- 5 + years mutual fund industry experience
- 5 + years Clearing Operations experience
- 5 + years financial services experience
Preferred Qualifications:
- Strong leadership and problem-solving skills
- Excellent analytical and decision-making acumen
- Ability to work under pressure and manage multiple tasks simultaneously
- Excellent verbal and written communication skills including with external partners
- Self-starter and proven ability to work independently with little supervision
In addition to the salary range, this role is 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.