Sr. Specialist, Trading Mutual Funds 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).

Our goal in Asset Management Operations Mutual Funds is to be the most admired and respected group within the industry. We are known for our spectacular customer service and flawless execution; the quality and breadth of our product offering; and the unparalleled professionalism of our employees.

The Clearing Mutual Fund Operations team is a cross-functional team that handles multiple functions within Mutual Fund Operations. Including, but not limited to: Trading, Dividends, Reconciliation, Transfer of Accounts Sub Accounting and Vendor Relationships. Individuals in this role must have the ability to maintain a good working relationship with our external Clearing Correspondents, external Mutual Fund Companies, Transfer Agents, and internal business partners. A successful candidate will be adaptable to change and work collaboratively with cross-location business partners.

What You’ll Do

Research and resolve out of balances between Schwab, Mutual Fund companies, and Clearing Correspondents using various systems related to trades, transfers, dividends. Accurately process 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. This cross-functional team will 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.

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

• Ability to work 9:30am-6:00pm Central
• Minimum of 12 months back-office operations handling Mutual Funds
• At least 12 months in back-office operations with a sub-accounting vendor
• Able to stay positive under pressure and maintain accuracy when handling large workloads within tight deadlines
• Strong analytical, research, data entry and prioritization skills
• Ability to understand and mitigate risk
• Excellent written and verbal communication skills
  
  

Preferred Qualifications

• Complex problem-solving skills
• Strong interpersonal and teamwork skills
• Proven experience collaborating across business unitsMust be proficient with Microsoft Outlook, Excel and Word
• BA or BS preferred
• Series 7 & 63 preferred
  
  

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

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. 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