Trading Operations Associate – ETF Trading

Job Description

Trading Operations Associate | Charles Schwab

The Tone:
This is an entry-level, full-time role at Charles Schwab, located on-site in specified locations. Schwab is a company that fosters career impact, challenges the status quo, and aims to transform the finance industry. This position supports the daily trading activities of Charles Schwab Trust Bank’s institutional retirement clients, providing an opportunity to learn about the retirement industry and equity markets. The role is critical for ensuring successful trade execution, managing fund agreements, and enhancing operational processes within a growing business unit, offering significant opportunities for professional development.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, specified locations

• Team: Specialized Trading Operations Team within Charles Schwab Trust Bank (CSTB), focused on institutional retirement clients.
• Mission: Enable seamless daily trading operations for institutional retirement clients by executing trades, managing fund agreements, and maintaining security data.
• Tech Stack: Intermediate Excel skills preferred

What You’ll Actually Do
• Trade Execution: Monitor and assist in the successful execution of various trades, including ETFs, for institutional retirement clients.
• Agreement Management: Engage with fund companies to establish new trading agreements and modify existing contracts.
• Data Maintenance: Maintain the division’s security master to ensure accurate trading information.
• Special Event Coordination: Coordinate and execute special handling events with fund companies as required.
• Process Improvement: Review and enhance operational processes to improve efficiency within the business unit.

The Must-Haves
• Background: Entry-level position with a preferred Bachelor’s Degree and a genuine interest in the financial services industry and market functions.
• Experience: No specific years required, but experience communicating with external clients, management, and business partners is essential for success.
• Skills: Analytical skills for researching and resolving issues, intermediate Excel proficiency, and strong communication skills.
• Bonus: A focused candidate with the ability to quickly learn, process information, and identify improvements, along with motivation to gain knowledge and experience in the financial services industry.