Senior Product Manager – Discretionary Investment Management & Portfolio Transitions

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).

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

Charles Schwab’s Digital Wealth & Advisor Platforms organization is seeking a Senior Product Manager (individual contributor) to lead product strategy and delivery for Discretionary Investment Management (DIM) and Portfolio / Tax‑Aware Transition capabilities.

This role is responsible for building scalable, compliant, and intuitive capabilities that enable centralized discretionary portfolio management and thoughtful, tax-efficient transitions into managed investment offers.

This is a highly cross‑functional role requiring deep collaboration across investment strategy, portfolio management, trading, technology, operations, legal, and compliance, with a focus on delivering end‑to‑end client and advisor experiences.

What You’ll Do

• Define and own the product vision, strategy, and multi‑year roadmap for Discretionary Investment Management and Portfolio Transition capabilities
• Partner with investment strategists, portfolio managers, and transition services teams to translate investment and fiduciary requirements into scalable digital solutions
• Lead development of tax‑aware transition capabilities, including transition analysis, sleeves, systematic reviews, and ongoing portfolio maintenance
• Collaborate with technology, data, and architecture teams to design platform‑based solutions, APIs, and integrations supporting discretionary workflows
• Drive Agile delivery across one or more Scrum teams by writing epics, features, and user stories; refining backlogs; and prioritizing work based on business outcomes
• Define acceptance criteria, test plans, and release plans, ensuring high‑quality delivery across complex regulatory and operational constraints
• Serve as a subject‑matter expert for Discretionary Investment Management and Portfolio Transitions in stakeholder forums, reviews, and executive updates
• Support production needs by triaging issues, driving root‑cause analysis, and ensuring continuous improvement post‑launch

What you have

Required Qualifications

• 8+ years of experience in Product Management, with ownership of complex financial services platforms
• Strong understanding of Discretionary Investment Management, managed accounts, or wealth management operating models
• Experience designing or delivering tax‑aware portfolio transition or implementation solutions
• Proven success leading delivery in Agile / Scrum environments across multiple teams
• Ability to operate effectively in a highly matrixed organization and drive alignment across diverse stakeholders
• Exposure to AI‑enabled features
• Strong analytical, communication, and decision‑making skills, including comfort with ambiguity

Preferred Qualifications

• Experience with transition management, or tax‑managed investing solutions
• Familiarity with centralized trading, tax overlays, or portfolio monitoring workflows
• Experience modernizing or scaling discretionary investment platforms
• Knowledge of Schwab products, advisory offers, or wealth management platforms
• CFA or advanced finance‑related credentials

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