Manager, Institutional Trading

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).

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 and Service, Mutual Fund 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:

• 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.

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
• Prior experience and working knowledge of mutual fund trading and/or operations
• Ability to work full-time during hours that may vary Monday through Friday from 9:00am to 6:00pm ET.

Preferred Qualifications: 

• Series 9/10 and/or 24.
• Career orientation with a strong passion for people leadership.

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