Charles Schwab

Restricted Stock Services, Sr. Specialist

Charles Schwab • $80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Series 7 & 63 or equivalent certification
  • 3-5 years of client-facing or phone experience
  • 2-4 years of relevant financial experience
  • Advanced securities licensing (Series 8, 9/10, or 24) preferred
  • Strong organizational skills and attention to detail

Responsibilities

  • Manage inbound client calls regarding Rule 144 sales and compliance
  • Coordinate with issuer's counsel and transfer agents on behalf of clients
  • Administer and manage 10b5-1 trading plans for corporate insiders
  • Exercise affiliate stock options and understand various exercises
  • Prepare and file required regulatory documents with the SEC
  • Communicate with issuers' counsel to ensure accurate documentation and timely delivery of securities
  • Identify risks and escalate potential compliance issues as needed

Benefits

  • Bonus or incentive opportunities based on performance
Full Job Description
Your Opportunity

The Restricted Stock Senior Specialist is part of the Restricted Securities Service organization which is responsible for restricted stock and Rule 144 services provided to both Retail and Advisor clientele alike. The Senior Specialist is responsible for assisting corporate officers, affiliates, insiders, and other major shareholders in selling their stock under Rule 144 and within a 10b5-1 trading plan.

 

Specific job tasks include:

  • Managing inbound client calls regarding Rule 144 sales and compliance
  • Coordinating with issuer's counsel and transfer agents on the client's behalf
  • Administering 10b5-1 trading plans for corporate insiders
  • Exercising affiliate stock options

As a member of the Restricted Stock Service department, the Senior Specialist’s responsibilities include:

 

  • Prepare and file required regulatory documents to the SEC and
  • Communicate and Coordinate with issuers' counsel and transfer agents to ensure required documentation is completed and securities are delivered accurately and on time.
  • Accurately exercise affiliate stock options; understand the benefits and disadvantages of the various option exercises.
  • Deliver highly customized and superior service to Schwab Executives and Affiliates
  • Take ownership of client needs and acts as a single point of contact, always maintaining professionalism and composure.Accurately enter client trades on restricted stock once all appropriate paperwork has been submitted, at client request.
  • Perform calculations as to limits on sells of restricted
  • Understand and clearly explain control party restrictions, trading restrictions and regulations to clients and business partners.
  • Aid in the identification of risks such as unidentified control parties, potential AML flags, and fraudulent activities, escalating when appropriate.
  • Actively participate in Problem Solving sessions to ensure proper
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:

  • Series 7 & 63 or equivalent
  • 3-5 Years of client facing or phone experience
  • 2-4 Years Financial experience

Preferred Qualifications:

  • Advanced securities licensing (Series 8, 9/10, or 24)
  • Strong organizational skills and attention to detail with emphasis on accuracy and timeliness
  • Ability to analyze and rectify issues that may result in monetary and/or reputational risk to the client or firm
  • Strong organizational skills and ability to manage time-sensitive transactions
  • 2 Year College Degree or equivalent experience

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

About Charles Schwab

Charles Schwab is a financial services company that provides a full range of securities, brokerage, banking, money management, financial advisory, investor, and retirement plan services. It operates in four main divisions; investing, wealth management, banking, and trading. Charles Schwab provides a full-service brokerage platform that serves individual investors who invest on their own or through a workplace-sponsored retirement or equity plan, as well as banking through Schwab Bank. The firm was founded in 1973 and is headquartered in San Francisco, California.

Charles Schwab Careers

Join the vibrant team at Charles Schwab, a leader in global finance, where your career is propelled by innovation, leadership, and a commitment to diversity and professional growth. At Charles Schwab, we offer more than just job opportunities; we provide a platform for you to make a significant impact on the industry and our clients' lives.

Work You’ll Do

At Charles Schwab, we are dedicated to helping our clients manage their financial futures. Being part of our team means you'll work alongside some of the most skilled professionals in the financial services industry. Our culture thrives on teamwork, integrity, and relentless dedication to our clients. Whether you're looking for a position in financial consulting, technology, or administrative support, Charles Schwab offers a dynamic work environment where your skills will be honed and your achievements recognized.

Innovate and Lead

Embrace the opportunity to lead through innovation. Charles Schwab’s commitment to technology and innovation is fundamental to our service delivery. By joining our team, you will be at the forefront of developing new solutions that redefine the future of finance. Your leadership can guide significant projects that impact our company and the industry.

Grow Your Career

Charles Schwab believes in fostering the growth of its employees. Whether through professional development programs, diversity training, or leadership workshops, we ensure that our team members receive the support and training they need to advance their careers. With a variety of career paths available, your job at Schwab can evolve with your interests and expertise.

Internship and Employment Opportunities

Start your professional journey with Charles Schwab through our internship programs or full-time employment opportunities. We seek individuals who are passionate, curious, and ready to drive change. A career at Schwab is not just about having a job; it's about building a lasting relationship with a company that values your potential.

Benefits and Culture

Charles Schwab is renowned for its employee-friendly culture. We offer a comprehensive benefits package that supports the health, financial stability, and work-life balance of our team members. From competitive salaries and bonuses to health insurance and retirement plans, Schwab ensures that your career is as rewarding as it is enriching.

Networking and Professional Development

Expand your professional network and enhance your skills through our various networking events, mentorship programs, and training sessions. At Charles Schwab, we believe in leveraging collective expertise to foster learning and innovation. Engage with leaders, gain insights from experienced professionals, and build relationships that will aid your career trajectory.

Join Our Team

Explore the numerous career paths available at Charles Schwab and discover how your talents can be utilized to their fullest potential. Search open positions that match your skills and interests. We are continuously hiring across various disciplines and look forward to adding innovative, driven individuals to our team.

Stay Connected

Keep up to date with the latest from Charles Schwab Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and be the first to know about new openings, company news, and professional tips.

Explore Charles Schwab Jobs

Ready to take the next step in your career? Visit our careers page to review current job openings, submit your resume, and prepare for your interview. At Charles Schwab, your future is waiting. [SEARCH CHARLES SCHWAB JOBS] Join Charles Schwab today and be part of a team that values diversity, innovation, and leadership—where your career can thrive in the exciting world of finance.
Learn more about Charles Schwab
Size
34,200 employees
Market Cap
$151.6 billion
Industry
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ

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