Associate, Corporate Development

Your Opportunity

At Schwab, you are 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.

The Corporate Development team at Schwab is a part of the Schwab Investment Platforms, Solutions, and Strategy Enterprise. The team supports the inorganic growth strategy of the firm by analyzing and executing acquisitions, divestitures, and strategic investments.

In recent years, the Corporate Development team has been very active and successfully completed numerous transactions, including the acquisition of the assets of USAA's Investment Management Company, the all-stock acquisition of TD Ameritrade and the recently closed acquisition of Forge Capital. These transactions created a large-scale, full-service investment firm with world-class solutions and unlocked meaningful financial benefits for our stockholders. We expect to continue to remain active in the evaluation and execution of transactions going forward.

As a key member of the Corporate Development team, the Associate will help evaluate acquisition, divestiture, and strategic investment opportunities, coordinate due diligence processes, and participate in the overall execution of transactions.

What you are good at:

• Prepare detailed financial analysis
• Prepare presentations which outline the strategic and financial rationale for transactions for senior management and the Board of Directors
• Partner with cross-functional teams across Schwab to coordinate and administer due diligence efforts
• Coordinate communications among project teams, senior Schwab management, external advisors, and counterparties
• Work with the business enterprises and functional areas (e.g., Legal, Technology, Operations, Intellectual Property, Human Resources, Finance, etc.) on the analysis and execution of acquisitions, divestitures, and strategic investments
• Interface and partner with senior leaders to ascertain strategic goals of various business enterprises
• Conduct strategic industry analysis, landscape studies, and deep dive research into specific companies summarized in a digestible manner for senior management
• Contribute to the ongoing improvement of the team by refining existing processes

Please note: this position is Monday - Friday during standard business hours with a hybrid work model (4 days in office, 1 day working from home). It is only available in the locations listed. Candidate must reside in or be willing to relocate on their own to one of the listed locations.

Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.

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 with 2-4 years of work experience at a top-tier company in investment banking or corporate development (M&A). Will also consider experience in management/strategy consulting, strategic finance, or valuation services
• Prior experience with M&A transactions
• Superior analytical skills, creativity in problem solving, research capabilities, and attention to detail
• Strong communication skills, both written and verbal, as well as the ability to develop concise and effective communications tailored to specific audiences
• Comfort working on a cross-functional team in a dynamic, fast-moving, and high stakes work environment
• While prior experience in the financial services industry is not required, we prefer that candidates have an interest in working in the financial services sector