Charles Schwab

Sr Specialist, Margin Services

Charles Schwab$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong verbal and written communication skills.
  • Excellent customer service skills.
  • Strong reconciliation skills with a focus on problem-solving.
  • Basic knowledge of margin rules and formulas.
  • Solid understanding of balance, position, and transaction systems.
  • Flexibility and comfort with changing work duties.
  • Strong organizational skills and attention to detail.
  • Capacity to deliver complex information positively to clients.
  • Collaborative team player with 2+ years industry experience, particularly at Schwab.
  • Must hold Series 7 and 63 licenses.

Responsibilities

  • Resolve margin-related issues with internal and external clients.
  • Monitor and resolve margin calls, debit balances, and short positions.
  • Explain and apply relevant industry rules and regulations.
  • Enforce trading regulations and restrictions on accounts.
  • Analyze reports to assess and mitigate risk.
  • Handle inbound and make outbound calls effectively.

Benefits

  • Comprehensive health coverage options.
  • Retirement savings plans with company match.
  • Ongoing professional development opportunities.
  • Supportive team-oriented work culture.
Full Job Description
Your Opportunity

Our Opportunity: 

 

Margin Services protects the firm from risk exposure by monitoring accounts to ensure compliance with FINRA, SRO and Schwab rules and regulations. Margin Services imposes trading restrictions on accounts for trade settlement violations. Margin services reviews money due, stock due and various risk reports. We handle inquiries from both internal and external clients regarding buying power, funds available and day trading.  

 

What you’ll do: 

  • Resolve margin-related issues with both internal and external clients. 
  • Monitor and resolve margin calls, resolution of debit balances and short positions. 
  • Explain and apply industry rules, regulations and policies. 
  • Enforce regulations and restrictions. 
  • Analyze credit, trade, cashiering reports to mitigate risk. 
  • Take inbound telephone calls from internal employees, external clients, and make outbound calls as appropriate. 
What you have

What you have: 

 

Required qualifications

 

  • Strong verbal and written communication skills. 
  • Excellent customer service skills. 
  • Strong reconciliation skills and diligence in researching problem accounts. 
  • Interested individuals should have a basic working knowledge of margin rules and formulas. 
  • Solid knowledge of balance, position, and transaction systems.   
  • Candidates must be flexible and comfortable with changing work duties. 
  • Strong organizational skills, attention to detail, and ability to multitask are critical.  
  • Ability to deliver complex information while maintaining a positive client experience. 
  • Work well in a collaborative team environment. 
  • Series 7 and 63 licenses required.  
  • 2 years Schwab experience or related industry experience 2+ years.  

 

Preferred qualifications

  • Trading experience 

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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