Charles Schwab 401K Operations Specialist in Austin, Texas

We believe that , when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck at over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Our Opportunity:

Schwab Retirement Plan Services, an affiliate of Charles Schwab & Co., Inc. is one of the leading providers of bundled retirement plan services. For mid-to-large-sized companies, Schwab offers full-service retirement plans featuring complete retirement services from a single source. Schwab’s combined expertise in recordkeeping and related services, investment choice and award-winning participant experience (including retirement plan advice) and high-end technology helps employers offer competitive employee benefits. Special Services provides highly specialized services to clients for non-qualified and employee stock ownership plans.

What you’ll do:

The Special Services Account Specialist is an individual contributor who possesses strong analytical and technical skills. Responsibilities include but not limited to the following:

  • Perform analysis of plan provisions, participant status and elections to ensure timely and accurate distribution of executive accounts.

  • Perform set up and maintenance of Non-Qualified plan enrollment site.

  • Process participant distributions and payrolls within the Schwab record keeping system.

  • Provide second level review of analysis, distributions and participant payrolls for Non-Qualified and ESOP plans.

  • Calculate and post monthly and quarterly dividends for Non-Qualified and stock plans.

  • Provide assistance to Participant Services and Client Services to resolve client issues.

What you have:

  • Bachelor’s degree in finance or business-related field with a background in the retirement plan services industry preferred.

  • Knowledge of Schwab recordkeeping systems preferred.

  • Knowledge of non-qualified plans, ERISA, DOL and IRS regulations a plus.

  • High level of proficiency in Microsoft Office software applications, specifically Excel and Access.

  • Ability to multi-task and work as a team player quickly, accurately and independently under deadlines.

  • Excellent written and verbal communication; business etiquette and time management skills.

  • Must be able to accommodate a flexible work schedule during peak volume periods.

What you’ll get:

  • Everyday Wellness: Healthy Rewards, Onsite Fitness Classes, Healthy Choices, Wellness Champions

  • Financial Fitness: 401k Match, Employee Discounts, Personalized advice, Brokerage discounts

  • Work/Life Balance: Sabbatical, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer

  • Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships

  • Not just a job, but a career, with an opportunity to do the best work of your life

Learn more about Life@Schwab at" .

Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law.

Position Located In: TX - Austin