Senior Manager Trading and Trade Support Private Markets Fund
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(s).
Schwab Asset Management (SAM) delivers investment solutions across mutual funds, ETFs, and separately managed accounts. Within SAM, the Sr. Manager, Trading & Trade Support – Private Markets Fund will play a critical role in supporting portfolio management, trading activities, and operational infrastructure of the Schwab Private Company Fund, ensuring seamless execution, reporting, and compliance within a registered interval fund structure.
In this role, you will partner closely with the Fund Portfolio Management team, overseeing full trade lifecycle for private market transactions (execution through settlement); manage relationships with fund administrators, custodians, auditors, and transfer agents; support interval fund operations, including subscriptions, repurchases, and liquidity management; coordinate NAV production, pricing inputs, and valuation processes; and ensure adherence to regulatory requirements under the Investment Company Act (’40 Act). Success in this role requires strong analytical thinking, attention to detail, and the ability to make informed decisions in a fast-paced environment. You will help improve operational processes, support strategic initiatives, influence system enhancements, and provide expertise that enables efficient execution, risk mitigation, and scalable growth of investment strategies.
What you have
Required Qualifications
- Bachelor’s degree or equivalent combination of education and relevant professional experience.
- 5-10 years of asset management operations experience supporting investment operations, trading, clearing, custody, asset servicing, or related functions.
- Experience calculating, reviewing, or validating fund net asset values (NAVs) and researching variances outside established tolerance thresholds.
- Strong understanding of the trade lifecycle, operational controls, books and records, operational risk, and issue escalation processes.
- Demonstrated analytical thinking and problem-solving skills with the ability to manage competing priorities and time-sensitive events.
- Strong written and verbal communication skills with experience collaborating across Trading, Portfolio Management, Operations, Technology, Risk, Compliance, custodians, and brokers.
- Advanced Microsoft Excel skills and proficiency with Microsoft Word and PowerPoint.
- Ability to exercise independent judgment while maintaining high levels of accuracy and attention to detail.
Preferred Qualifications
- Experience supporting private market or alternative asset investment strategies.
- Experience supporting fund operations and adhering to regulatory requirements under the Investment Company Act (’40 Act), specifically Interval Funds.
- Proficient in financial reporting, including management reports, governance committee materials, fund board reporting, and ad hoc reporting requests.
- Ability to partner across functional teams, including portfolio management, product management, tax, trade operations, audit, and financial reporting.
- Experience with Aladdin or similar portfolio management, order management, accounting, reconciliation, or asset-servicing platforms.
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
Required Qualifications
- Bachelor’s degree or equivalent combination of education and relevant professional experience.
- 5-10 years of asset management operations experience supporting investment operations, trading, clearing, custody, asset servicing, or related functions.
- Experience calculating, reviewing, or validating fund net asset values (NAVs) and researching variances outside established tolerance thresholds.
- Strong understanding of the trade lifecycle, operational controls, books and records, operational risk, and issue escalation processes.
- Demonstrated analytical thinking and problem-solving skills with the ability to manage competing priorities and time-sensitive events.
- Strong written and verbal communication skills with experience collaborating across Trading, Portfolio Management, Operations, Technology, Risk, Compliance, custodians, and brokers.
- Advanced Microsoft Excel skills and proficiency with Microsoft Word and PowerPoint.
- Ability to exercise independent judgment while maintaining high levels of accuracy and attention to detail.
Preferred Qualifications
- Experience supporting private market or alternative asset investment strategies.
- Experience supporting fund operations and adhering to regulatory requirements under the Investment Company Act (’40 Act), specifically Interval Funds.
- Proficient in financial reporting, including management reports, governance committee materials, fund board reporting, and ad hoc reporting requests.
- Ability to partner across functional teams, including portfolio management, product management, tax, trade operations, audit, and financial reporting.
- Experience with Aladdin or similar portfolio management, order management, accounting, reconciliation, or asset-servicing platforms.
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.