Trading Operations Associate

Job Description

Trading Operations Associate | Charles Schwab

The Tone:
This is an entry-level role at Charles Schwab, located on-site in specified locations. Charles Schwab is a leading financial services firm where innovative thought meets creative problem solving, encouraging employees to challenge the status quo and transform the finance industry. This role supports the Specialized Trading Operations Team, directly contributing to the daily trading activity for Charles Schwab Trust Bank’s institutional retirement clients, ensuring successful execution and maintaining crucial relationships. This position offers an opportunity to make a mark on a growing business unit within an industry leader, with paths for growth and promotion.

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

• Team: The Specialized Trading Operations Team supports Charles Schwab Trust Bank’s (CSTB) institutional retirement clients.
• Mission: Monitor and assist in the successful execution of various trades for retirement clients, engage in process improvements, and support critical operational functions for the team.

What You’ll Actually Do
• Trading Execution & Monitoring: Monitor and assist in the successful execution of various trades for retirement clients, including mutual funds, equities, ETFs (initial focus), alternative investments, and non-registered securities.
• Process Review & Enhancement: Actively review and enhance daily operational processes to identify and implement improvements that benefit the team and department.
• Client & Partner Communication: Engage in communication with external clients, internal management, and business partners to facilitate trading operations and resolve issues.
• Contract & Event Management Support: Support the team in engaging with fund companies for new trading agreements, amending existing contracts, maintaining the division’s security master, and coordinating special handling events.
• Industry Knowledge & Growth: Develop a comprehensive understanding of the retirement industry and equity markets, learning various functions across the Specialized Trading Operations team to foster personal and departmental growth.

The Must-Haves
• Background: Entry-Level professional with an interest in financial services, markets, and how the markets function.
• Experience: No specific years required, but demonstrated ability to communicate with external clients, management, and business partners, alongside analytical skills for researching and resolving issues.
• Skills: Communication skills, analytical skills.
• Bonus: Bachelor’s Degree, Intermediate Excel skills.