Charles Schwab

Sr. Specialist, Finance

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

Qualifications

  • 2-3 years of finance experience
  • Undergraduate degree in accounting or finance
  • Solid understanding of Schwab's P&L
  • Proficient in Excel
  • Proactive and results-focused
  • Strong communication and collaboration skills
  • Efficient time management

Responsibilities

  • Collaborate with business partners to understand financial dynamics
  • Manage the monthly close process and interpret results
  • Lead quarterly forecasts and year-end planning
  • Develop business cases for new product rollouts
  • Manage KPI reporting for SAM
  • Provide FP&A support for the Schwab Center for Financial Research
  • Improve processes to align with business objectives

Benefits

  • Bonus or incentive opportunities
Full Job Description
Your Opportunity

The Schwab Asset Management (SAM) Finance team provides financial analysis and strategic decision support for the SAM enterprise, which manages more than $1.8T of client assets and over $3B in revenue. SAM provides a wide variety of products ranging from money market funds, index mutual funds, actively managed mutual funds, exchange traded funds, asset allocation fund-of-funds, and managed accounts. As a provider of core investment products, SAM is both an important enabler in fulfilling Schwab’s mission of helping everyone be financially fit and a critical engine in the company’s profitability and growth.

What you’ll do

Day-to-Day responsibilities will include (but not be limited to) the following:

  • Collaborate with multiple business partners across SAM to understand financial dynamics of SAM’s Core Products & Solutions (ETFs, Mutual Funds, and Collective Investment Trusts)
  • Manage the monthly close process, utilizing various financial tools and interpreting results to effectively interface with business partners and leaders
  • Lead various quarterly financial forecasts and year end planning process for Core Products & Solutions, Asset-Based Vendor costs, and Off-Platform NNA
  • Develop and evaluate Business Cases supporting economic viability of potential new product rollouts
  • Manage SAM monthly and quarterly Key Performance Indicator (KPI) reporting process
  • Primary FP&A support for Schwab Center for Financial Research (SCFR)
  • Continuously improve current processes to align with business objectives and create efficiencies for the team
  • Support ad hoc financial analyses in support of business and product initiatives

 

What you have

To ensure that we have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.

 

Required Qualifications

  • 2 - 3 years of related finance experience
  • Undergraduate degree in accounting or finance
  • Solid understanding of Schwab’s P&L
  • Proficient in excel
  • Proactive, results-focused operating style
  • Ability to identify issues and seek resolutions
  • Efficient time management skills
  • Strong communication and collaboration skills
  • Strong business partnering skills

Preferred Qualifications

  • Asset Management and Financial services industry experience a plus

 

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

Similar Jobs

More Jobs at Charles Schwab

More Finance & Insurance Jobs

Find similar Sr. Specialist, Finance jobs: