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.
Mutual Fund Operations falls under the Asset Management Operations umbrella. This organization maintains 650+ Mutual Fund Family relationships with daily trading volumes that exceed $1 Billion. Our goal: To be the most admired and respected trading and operations group within the industry.
We are hiring a Senior Specialist for the Mutual Fund Operations Transfer Team. Responsibilities include and are not limited:
- Researching and resolving discrepencies between Schwab, Mutual Fund companies, and Clearing Correspondents using various systems related to trades, transfers, dividends.
- Accurately processomg manual activity and adjusting under strict time constraints.
- Effectively meet multiple deadlines throughout the day and prioritize risk related items.
- Monitor and work with various types of external industry partners to process trade uploads, rejects, dividend payments and reconciliation.
- Work closely with transfer agents and fund accounting to perform daily operations such as trading, dividends, and/or wire settlement.
- Perform various cash and stock reconciliations and analyze and resolve complex breaks.
- You must be able and willing to rotate work assignments and shifts as required by business needs. There are opporunties for growth, including leadership.
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:
- Minimum of 12 months back-office operations handling Mutual Funds
- Minimum of 12 months back-office operations working with a sub-accounting vendor
- Ability to maintain a positive attitude during times of heavy volume and/or change
- Complex problem solving skills
- Ability to maintain accuracy while processing large volumes of work under strict time constraints
- Strong analytical, research, data entry and prioritization skills
- Strong interpersonal and teamwork skills
- Proven experience collaborating across business units
- Ability to understand and mitigate risk
- Excellent written and verbal communication skills
- Detailed orientated
- Proficient with Microsoft Outlook, Excel, and Word
Preferred Qualifications:
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