Charles Schwab

Retirement Services Implementation Senior Specialist

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

Qualifications

  • Bachelor’s degree or equivalent experience
  • 4+ years in financial services or record keeping, especially Defined Contribution Plan Services
  • Strong Excel skills
  • Excellent written and oral communication skills
  • Proficiency in plan administration and ERISA

Responsibilities

  • Implement and communicate with stakeholders throughout the conversion process
  • Document project milestones in Excel
  • Collaborate with teams on fund setup for new conversions
  • Coordinate with offshore teams on participant data loading
  • Prepare and review key participant data for transitions
  • Manage caseload using the Work Request system

Benefits

  • Bonus or incentive opportunities
  • Collaboration with industry-leading professionals
  • Exposure to a variety of stakeholders in the financial services sector
  • Possibility for leadership advancement within the role
  • Focus on quality and timeliness in project execution
Full Job Description
The Implementation Team within Plan Administration and Implementation (PAI) is committed to providing a seamless transition of plan and participant records to Schwab for both new business conversions and ongoing plan mergers. It is true that you never get a second chance to make a first impression. We have assembled a team of some of the most experienced and qualified people in the industry. Our goal is to lead the industry in plan conversions through a proven process that focuses on quality, timeliness and the best overall conversion experience for our clients and their employees.

The Implementation Specialist position will be responsible for the high-quality execution of all aspects of new business conversions.

 

What you’ll do:

 

Implementing and communicating with internal and external stakeholders of the conversion including prior record keepers, internal Schwab teams, plan sponsors, Trustee/Custodian, and advisors (if needed).  Day to day responsibilities include but are not limited to:

  • Documenting all project milestones regarding plan/participant data reviews in excel format
  • Working with CSTB, RIS and Asset Maintenance on setup of funds for new conversion
  • Communicating with offshore on loading participant level data as well as plan maintenance setup
  • Loading and reviewing various census for SOX notifications and open enrollment
  • Preparing loans, investment elections, vesting and tax data for participants transitioning to Schwab
  • Managing caseload using Work Request system for plan changes
What you have

Required qualifications:

  • Requires Bachelor’s degree or equivalent experience
  • 4 + years’ experience in the financial services and/or record keeping industry with concentration in Defined Contribution Plan Services (is a plus)

Preferred qualifications:

  • QKA designation, preferred but not required
  • Strong interpersonal, analytical, problem solving, organizational, decision-making and conflict resolution skills
  • Willingness to take the initiative when faced with a new or challenging situation
  • Ability and willingness to take on a leadership role in this position including demonstrating a willingness to support new ideas.
  • Proficiency in plan administration and ERISA;
  • Strong Excel skills.
  • Excellent written and oral communication skills
  • Strong customer focus, including ability to think in terms of the customers perspective and expectation
  • Ability to multi-task among competing priorities
  • Proficiency in plan recordkeeping software within 6 months of hire
  • Ability to motivate/inspire others to achieve team goals and client satisfaction

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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