Charles Schwab

Senior Manager, Alternative Investment Analyst

Charles Schwab$120K — $145K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in alternative investment analysis, credit underwriting, or high-net-worth lending
  • Hands-on experience reviewing alternative investment structures and documentation
  • Familiarity with high-net-worth borrower assessments
  • Strong understanding of alternative asset liquidity and risk characteristics
  • Ability to synthesize complex financial documents into clear risk assessments
  • Strong communication skills for credit memos and discussions
  • Detail-oriented with experience in evaluating non-standard risks

Responsibilities

  • Analyze alternative investment collateral such as private equity and structured notes
  • Review offering documents to evaluate asset structure and liquidity
  • Support underwriting of high-net-worth borrowers and analyze repayment capacity
  • Determine advance rates and risk mitigants based on asset characteristics
  • Monitor alternative collateral with periodic valuation reviews

Benefits

  • Opportunity to work at the intersection of alternative investments and high-net-worth lending
  • Involvement in developing scalable underwriting frameworks
  • Collaborative work environment with cross-functional teams
  • Potential for professional development in a niche lending market
Full Job Description

This role offers a unique opportunity to work at the intersection of alternative investments, credit risk, and highnetworth lending, supporting the growth of innovative lending solutions.

We are seeking an Alternative Investment Analyst to support the underwriting, collateral review, and ongoing risk assessment of loans secured by nontraditional and illiquid assets. This role will focus on evaluating alternative investment collateralincluding private company stock, alternative investment funds, and structured notesand supporting credit decisions for highnetworth borrowers.

The analyst will work closely with credit, risk, legal, and product partners to assess collateral eligibility, inform advance rates, and support the development of scalable underwriting and monitoring frameworks for alternative assetbacked lending programs.

What you will do:

  • Analyze and assess alternative investment collateral, including:

    • Private equity, private credit, real estate, and other alternative investment funds

    • Structured notes and other complex structured products

    • Private, restricted, or closelyheld stock

  • Review offering documents (e.g., PPMs, subscription agreements, indentures) to evaluate:

    • Asset structure, liquidity, leverage, and valuation methodology

    • Transfer restrictions, pledgeability, and control considerations

    • Sponsor quality and governance features

    • Provide written credit analysis on alternative investment collateral

  • Support underwriting of highnetworth borrowers, including analysis of:

    • Borrower liquidity, net worth, and repayment capacity

    • Concentration risk and portfolio diversification

  • Assist in determining appropriate advance rates and risk mitigants based on:

    • Asset volatility and liquidity

    • Borrower strength and overall collateral mix

  • Support postorigination monitoring of alternative collateral, including:

    • Periodic valuation reviews

    • Sponsor or structure changes

    • Concentration and exposure tracking

What you have

Required Qualifications:

  • 3+ years of experience in one or more of the following:

    • Alternative investment analysis (PE, private credit, real assets, hedge funds)

    • Credit underwriting or risk management

    • Wealth management, private banking, or HNW lending

  • Handson experience reviewing alternative investment structures and documentation

  • Familiarity with lending to highnetworth borrowers and assessing borrower financial strength

  • Strong understanding of:

    • Alternative asset liquidity, valuation, and risk characteristics

    • Credit fundamentals and underwriting principles

  • Ability to synthesize complex legal and financial documents into clear risk assessments

  • Strong written and verbal communication skills, particularly for credit memos and stakeholder discussions

  • Detailoriented with sound judgment in evaluating nonstandard risks

  • Exposure to collateralized lending or assetbacked credit

Preferred Qualifications:

  • CFA designation or progress toward CFA

  • MBA or related advanced degree

  • CAIA designation

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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