Charles Schwab

Restricted Stock Sr. Specialist

Charles Schwab$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Series 7 & 63 Licenses necessary for regulatory compliance
  • 2-4 years of experience in brokerage operations
  • Ability to operate with a high sense of urgency
  • Organizational skills with precision and timely execution
  • Analytical mindset capable of identifying and resolving potential risks
  • Stress management skills to maintain performance under pressure
  • Bachelor's Degree or equivalent experience is preferred

Responsibilities

  • Manage client inquiries related to Rule 144 sales and compliance
  • Coordinate with issuer's counsel and transfer agents for client transactions
  • Administer 10b5-1 trading plans for corporate insiders
  • Prepare and file necessary regulatory documents with the SEC
  • Ensure timely delivery of securities and adherence to required paperwork
  • Explain restrictions and regulations to clients regarding trading limitations
  • Identify and escalate risks related to client transactions, including AML concerns

Benefits

  • Eligible for bonus or incentive opportunities
Full Job Description
The Restricted Stock Senior Specialist is part of the Restricted Securities Service team, which supports retail and advisor clients with restricted stock and Rule 144 services. In this role, the Senior Specialist assists corporate officers, affiliates, insiders, and other major shareholders with stock sales under Rule 144 and 10b5-1 trading plans. 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 The Senior Specialist’s responsibilities include preparing and filing required regulatory documents with the SEC and relevant exchanges and coordinating with issuers’ counsel and transfer agents to confirm required paperwork is complete. Ensure delivery details are understood, and securities are delivered within strict timeframes while exercising affiliate stock options and understanding the advantages and disadvantages of each exercise method. You will be providing highly customized, high-quality service to Schwab executives and affiliates while serving as a single point of contact. Maintaining professionalism and composure entering client trades for restricted stock once all required paperwork and authorizations are received is critical. While calculating sales limits for restricted stock transactions, you’ll explain control party restrictions, trading limitations, and related regulations to clients and business partners. Also participate with identifying and escalating risks such as undisclosed control parties, potential AML concerns, and fraud. As a team, the group collaborates in problem-solving sessions to help resolve issues effectively. 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 Licenses • Minimum 2-4 Years Brokerage Operations • Working with high sense of urgency Preferred Qualifications: • Series 8 9/10 or 24 preferred • 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 • Able to focus and perform under stress • Open and responsive to coaching while being flexible and responsive to change • Bachelors Degree or equivalent experience In addition to the salary range, this role is 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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