Manager, Institutional Trading
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.
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 that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm, and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.
The Institutional Mutual Fund Trading Team facilitates the execution of mutual fund orders on behalf of more than 7000 Registered Investment Advisors (RIAs), Third Party Administrators (TPAs), and the Schwab Managed Accounts platform. The team provides a high level of expertise in multiple areas including mutual fund knowledge, risk mitigation, research capabilities, managing large/complicated trades, cash/money market expertise and the support of multiple trading channels. Additionally, the team works closely with other institutional trading desks as well as Advisor Services Sales & Service, Mutual Fund Custody & Operations, and multiple technology partners to build a superior product offering and provide an outstanding client experience.
Our trading representatives and managers bring experience and skills from diverse backgrounds. While our emphasis is on trading and relationship building, additional responsibilities include expert order handling and risk mitigation, problem resolution, and ownership of an evolving electronic offering which supports efficiencies for our firm and our clients.
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
Series 7, 63
Previous experience in a trading role.
Commitment to serving the needs of independent advisors, employees, and shareholders.
Strong ability to multi-task and easily adapt to change.
Excellent communication, organization, and time-management skills.
Solid risk awareness and attention to detail.
Basic to intermediate understanding of Excel and other data applications.
Desire to work in a diverse team environment.
Professionalism, personal accountability, and continual self-development.
Ability to work full time during hours that may vary Monday thru Friday from 6:30am to 5:00pm MT.
You demonstrate these behaviors:
Building Collaborative Relationships: Ability to develop, maintain, & strengthen partnerships with others, inside or outside of the organization, who can provide information, assistance & support.
Adaptability: Remains calm under stress.
Results Oriented: Has a strong sense of urgency about solving problems and getting work done.
Initiative: Identifies what needs to be done and acts before being asked or required to.
Thoroughness and Accuracy: Monitors the quality of work.
Preferred Qualifications
Series 9/10/24.
Career orientation with a strong passion for people leadership.
Workplace Flexibility Program:Our Hybrid Work & Flexibility approach allows us to balance three important considerations: our ongoing commitment to workplace flexibility, our focus on serving our clients, and our strong belief in the value of being together on a regular basis. It also helps strengthen our uniquely rich culture by fostering in-person collaboration, team building, and professional development. Employees who are in their first six months of employment with the firm must work from their assigned Schwab work location a minimum of 4 days per week (Monday, Tuesday, Wednesday, and Thursday).
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