Sr Specialist, Corporate Actions Operations

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 Corporate Actions Senior Specialist is responsible for timely and accurate processing of corporate actions on securities held by our clients. In this role you will be responsible for the beginning to end processing of Corporate Actions for daily processing.  This includes gathering the necessary information to process accurately and to reconcile any discrepancies and resolve exceptions. 

Recognize potential risk issues associated with the stock record, balance and reconcile stock record to client elections and payment allocation from US & Global Custodians and transfer agents. Discrepancies and exceptions are to be escalated and resolved promptly. Identify and communicate issues effectively and timely to peers and management team. Candidate must be team-oriented, self-motivated and goal driven, able to multi-task, realize the importance of follow through, and have outstanding time management skills as well as excellent communication skills, be able to work well under pressure in a fast paced, high-risk environment while maintaining a professional manner. Qualified candidates should possess strong analytical and resolution skills and have at least two years’ experience in Corporate Actions.

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:

• 2 or more years' experience in Corporate Actions processing
• Experienced in many aspects of Corporate Actions processing types including reorg and/or distributions

Preferred Qualifications: 

• Highly analytical with problem-solving abilities and knowledge of reconciliation
• High proficiency in MS Office Suite products (Excel, Word, Power Point etc.)
• Some flexibility with schedule to work business hours aligned with the department needs
• Understanding of corporate actions lifecycle management and reconciliation data flows
• Ability to navigate scenarios and communicate with foreign markets and custodians/agents, internally and externally  
• Understanding of the importance of a risk-controlled environment with supervisory procedures, regulatory requirements and audit requirements
• Outstanding time management skills and ability to work in a fast paced, high-risk environment.
• Compassion to work cooperatively with others to produce innovative solutions for process efficiency
• Initiative to seek out and build relationships with others who can provide information, intelligence, career support, potential business as well as other forms of support
• The ability to learn how to accurately anticipate the implications of events or decisions for various stakeholders in the organization and plan strategy accordingly
• Insight to identify where process improvements can benefit the department and business partners

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