AS Trading Allocation Risk Management

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 locations. 

As part of the Advisor Services Trading organization, the Equity Post Execution team serves as a critical risk and relationship management desk responsible for protecting Schwab, its advisors, and clients from market, operational, and regulatory risk associated with block trading and post-trade activity.

This team operates at the intersection of trading, operations, compliance, technology, and advisor support. Success in this role requires building strong partnerships, influencing stakeholders, and fostering trusted relationships across the organization while driving effective risk management practices. Team members are expected to balance daily risk oversight with leadership responsibilities, strategic initiatives, and continuous improvement efforts that enhance advisor outcomes and operational efficiency.

We're looking for more than technical expertise. We're looking for a relationship-oriented leader with a high level of emotional intelligence, humility, sound judgment, initiative and a desire to drive positive business outcomes. The ideal candidate builds trust, embraces accountability, and consistently seeks opportunities to improve processes, strengthen controls, and elevate the client and advisor experience.

What you have

Leadership, Emotional Intelligence & Growth Mindset

• High emotional intelligence, including self-awareness, empathy, adaptability, and the ability to build trust across diverse stakeholder groups.
• Exceptional relationship-building and social skills with the ability to navigate difficult conversations and drive alignment across teams.
• Leadership mindset with a willingness to take extreme ownership, lead through ambiguity, and deliver results.
• Strong interest in leading projects and strategic initiatives in addition to day-to-day operational responsibilities.
• Ability to influence stakeholders and drive change without direct authority.
• Excels in a fast-paced environment where adaptability, critical thinking, and risk awareness are essential.
• Committed to continuous learning, professional growth, and developing others.

To ensure that we have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.

Humility is the absolute first requirement for success in this role. In addition, we require the following:

• FINRA Series 7, 63 required
• 9/10 or 24 licenses are required (willing to consider COE for highly qualified individuals)
• AI fluency, or a desire to become AI fluent, with an interest in leveraging AI to improve efficiency, scalability, decision-making, relationship management, and risk mitigation.
• Bachelor's degree or equivalent experience preferred.
• 3-5+ years of experience in financial services, trading, operations, relationship management, project management, or risk management.
• Strong analytical, organizational, communication, and stakeholder management skills.
• Proven ability to solve complex problems, manage competing priorities, and make sound decisions under pressure.

Key Responsibilities

• Manage market, regulatory, and operational risk associated with unallocated block trades, open master account positions, and trade error activity.
• Monitor and resolve T+1 trade allocation exceptions to ensure timely allocation, minimize firm and client exposure, and support regulatory compliance requirements.
• Investigate, analyze, and coordinate the resolution of complex trade errors, balancing client outcomes, regulatory obligations, financial exposure, and operational risk.
• Serve as a subject matter expert on trade allocation requirements, including FINRA Rule 4515.01, SEC Rule 15c6-2, and Schwab's internal Failure to Allocate (FTA) policy.
• Conduct proactive outreach to investment advisors to consult on allocation requirements, discuss root causes of allocation failures, and recommend best practices that strengthen controls and reduce future risk exposure.
• Build trusted relationships with advisors by transforming compliance and risk-related interactions into consultative conversations focused on education, partnership, and business success.
• Identify trends, emerging risks, and process breakdowns impacting allocation activity, escalating concerns and driving corrective actions as appropriate.
• Partner with Trading, Risk, Compliance, Service, Technology, and Operations teams to resolve issues, improve controls, and enhance the client experience.
• Lead or contribute to risk management, process improvement, automation, and regulatory initiatives designed to improve efficiency and strengthen operational controls.
• Demonstrate ownership, sound judgment, and leadership by driving solutions beyond day-to-day processing responsibilities and influencing positive business outcomes.

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