Manager - Trading & Trade Support

Your Opportunity

Schwab remains committed to providing increased visibility to career growth opportunities and job requirements. This posting announcement is part of increased transparency and while all qualified applicants will be reviewed and considered, this organization has a preferred candidate identified for this role.

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 locations.

Schwab Asset Management (SAM) is the asset management arm of the Charles Schwab Corporation. SAM delivers a wide variety of products including mutual funds, exchange-traded funds (ETFs), money market funds, collective investment trusts (CITs), and Separately Managed Accounts (SMAs). The overall SAM team embodies our firm’s commitment to providing client-centric solutions that help Schwab clients achieve their financial goals.

The CSIM SMA Operations and Trade Support Team is responsible for providing support to Portfolio Managers and Traders for trade order generation, tax loss harvesting, account maintenance and reconciliation on behalf of Schwab’s separately managed account (SMA) products. In addition, the team is responsible for several strategic, multi-year projects, cross-functional reporting, as well as ad-hoc operational strategy support to other teams within the larger organization. We hold ourselves to the highest of standards and strive to create a strong, reliable, and durable operational environment that scales with our growth. 

The Manager will play a key role in supporting the operations of our separately managed account strategies.  This may include client account maintenance, account reconciliation, and trade order generation activities on our managed account platform. The Manager will: 

• Partner with a large, geographically dispersed team to create team connectedness and promote an atmosphere of growth, development, and openness to new ideas and diverse points of view.    
• Liaise with business partners across functional teams throughout SAM and Schwab with a focus on producing a positive client experience. 
• Proficiency/expertise with systems and internal tools utilized for the processing and oversight of all client account requests.
• Contribute to product and efficiency initiatives by providing business insight, participation in project calls, collaboration with internal departments, and supporting all respective testing efforts to advance our best-in-class operational environment. 
• Actively identify opportunities and areas of efficiencies; help design and implement solutions. 
• Assist with ensuring adequate documentation around process and procedures, including desktop procedures, job aides, and checklists. 
• Troubleshoot, report, and escalate any issues related to our managed account platform ensuring timely processing and mitigation of trading errors or delays. 
• Assist in the review, maintenance, and reconciliation of all client restrictions.   

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.

Required Qualifications:

• Bachelor’s degree required 
• 3-5 years of financial services experience  
• Exceptional written and verbal communication skills  
• Strong communication, teamwork, and cross-functional relationship building skills  
• Independent judgement with strong analytical and risk assessment skills  
• Proficient with Microsoft products; Word and PowerPoint  
• Ability to quickly learn new software applications  

Preferred Qualifications:

• Knowledge of the VestmarkONE managed account platform preferred  

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.