Manager, Trading & Trade Support

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.

Schwab Asset Management (SAM) is the dba name for Charles Schwab Investment Management, Inc., (CSIM) the investment adviser for Schwab Funds, Schwab ETFs, and separately managed account strategies. The SAM team is passionately committed to helping investors achieve their financial goals. Our organization provides clients guidance and education through investment research and financial planning support. Next, we manage a $2.6 trillion platform that allows investors to implement that guidance by selecting among thousands of investment products from hundreds of asset managers, including over $600 billion in Schwab managed mutual funds, ETFs, and managed accounts. Finally, we offer advisory services, discretionary portfolio management and decision-making tools, as well as Schwab's private wealth management offering. At SAM, we live an inclusive culture that drives increased diversity, builds a stronger community, creates high employee engagement, and provides professional growth for all employees, making us a top employer in the money management business.

The CSIM SMA Operations & Trade Support Team is responsible for providing focused support to Portfolio Managers and Traders for daily trade order generation, tax loss harvesting and account maintenance on behalf of Schwab's separately managed account (SMA) products. In addition, the team is responsible for several strategic, multi-year projects, cross-functional reporting, as well as ad-hoc operational strategy support to other teams within the larger organization. We hold ourselves to the highest of standards and strive to create a strong, reliable, and durable operational environment that scales with our growth.

Key Responsibilities for this role include:

The Manager will play a key role in supporting the operations of our separately managed account strategies. This may include client account maintenance, account reconciliation, and trade order generation activities on our managed account platform. The Manager will:

• Partner with a large, geographically dispersed team to create team connectedness and promote an atmosphere of growth, development, and openness to new ideas and diverse points of view.
• Effectively and accurately assess, process, and manage all client account maintenance requests.
• Support account management and oversight by performing daily/weekly/monthly reviews for accuracy, timeliness, and completeness of all core responsibilities.
• Liaise with business partners across functional teams throughout SAM and Schwab with a focus on producing a positive client experience.
• Gain proficiency/expertise with systems and internal tools utilized for the processing and oversight of all client account requests.
• Contribute to product and efficiency initiatives by providing business insight, participation in project calls, collaboration with internal departments, and supporting all respective testing efforts to advance our best-in-class operational environment.
• Actively identify opportunities and areas of efficiencies; help design and implement solutions.
• Assist with ensuring adequate documentation around process and procedures, including desktop procedures, job aides, and checklists.
• Troubleshoot, report, and escalate any issues related to our managed account platform ensuring timely processing and mitigation of trading errors or delays.
• Assist in the review, maintenance, and reconciliation of all client restrictions.

What you have

Required Qualifications:

• 5+ years of financial service experience
• 2+ years of experience with managed accounts
• Advanced Microsoft Excel skills
• Abillity to start work at 7:30am EST

Preferred Qualifications:

• Exceptional written and verbal communication skills
• Strong communication , teamwork, and cross-functional relationship building skills
• Independent judgement with strong analytical and risk assessment skills
• Proficient with Microsoft products; Word and PowerPoint
• Ability to quickly learn new software applications
• Knowledge of the VestmarkONE managed account platform preferred

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

What's in it for you

At Schwab, we're committed to empowering our employees' personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you'll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you - both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance

Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.