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Charles Schwab Senior Specialist, Trading & Trade Support in Chicago, Illinois

Your Opportunity

Charles Schwab Investment Management (CSIM), the asset management arm of Charles Schwab Corporation (Schwab), has approximately $300 billion in assets under management (AUM) and is one of the nation’s largest retail money managers. CSIM provides a wide variety of products ranging from money market funds, index mutual funds, actively managed mutual funds, exchange traded funds and asset allocation fund-of-funds. As a provider of core investment products, CSIM is both an important enabler in fulfilling Schwab’s mission of helping everyone be financially fit and a critical engine in the company’s profitability and growth.

The CSIM Trade Operations Team (TOPS) provides control and oversight to the portfolio managers (PMs) & traders as it relates to the daily trade processing and settlements on behalf of the Schwab mutual fund and exchange traded fund (ETF) products. We hold ourselves to the highest of standards, and strive to create a strong functional atmosphere in which our PMs and Traders can focus solely on making effective decisions for our funds and our clients.

What you are good at

Responsibilities include:

  • Trade confirmation, transmission, and settlement.

  • Cash and position reconciliation.

  • Monitor corporate actions.

  • Identifying, investigating and resolving trade, cash, and position issues.

  • Communicating with and monitoring our external vendors (brokers, prime brokers, custodians, accountants, etc.) and internal partners.

  • Ensuring data integrity and assisting with system maintenance.

  • Network with senior personnel internally and externally to resolve issues, gain needed information, and influence outcomes for team

  • Assist in the completion of operational projects.

  • Lead and train team members.

  • Support management in his/her absence.

  • Provide feedback on operational performance of team members

  • Monitor vendor metrics

  • Find efficiencies in our current workflow

  • Broker Oversight

  • Liaison between operational teams

  • Provide support for managers on critical issues

To learn more about the culture at Schwab, click here to meet our people (http://www.aboutschwab.com/careers/people/) .

What you have

  • Bachelor’s Degree Required

  • 2-4 years of experience in financial operations preferred

  • 1-2 years of experience with separately managed accounts and/or 40 ACT funds

  • Familiarity with trading and settlement processes for equity or fixed income instruments

  • Demonstrate good judgment in selecting methods and techniques for obtaining solutions

  • Require little instruction on day-to-day work in operational processes

  • Ability to identify and solve issues proactively and independently

  • Strong communication, teamwork, and relationship building skills

  • Ability to work a flex 8 hour schedule 7:00am – 5:00 pm CST

  • Omgeo Central Trade Manager and BlackRock’s Aladdin system experience preferred.

#LI-AV1

Why work for us?

Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth.

Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home—today and in the future. Explore further (https://content.schwab.com/web/retail/public/about-schwab/charles_schwab_recruitment_guide_2020.pdf) .

Schwab is committed to building a diverse and inclusive workplace where everyone feels valued. As an Equal Opportunity Employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. Please click here (https://www.aboutschwab.com/EEO) to see the policy.

Schwab is an affirmative action employer, focused on advancing women, racial and ethnic minorities, veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at applicantaccessibility@schwab.com or call 800-275-1281 (tel:800-275-1281) .

TD Ameritrade, a subsidiary of Charles Schwab, is an Equal Opportunity Employer. At TD Ameritrade we believe People Matter. We value diversity and believe that it goes beyond all protected classes, thoughts, ideas, and perspectives.

Why work for us?

Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home—today and in the future. Explore further (https://content.schwab.com/web/retail/public/about-schwab/charlesschwabrecruitmentguide2020.pdf). Schwab is committed to building a diverse and inclusive workplace where everyone feels valued. As an Equal Opportunity Employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. Please click here (https://www.aboutschwab.com/EEO) to see the policy. Schwab is an affirmative action employer, focused on advancing women, racial and ethnic minorities, veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at applicantaccessibility@schwab.com or call 800-275-1281. TD Ameritrade, a subsidiary of Charles Schwab, is an Equal Opportunity Employer. At TD Ameritrade we believe People Matter. We value diversity and believe that it goes beyond all protected classes, thoughts, ideas, and perspectives.

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