Charles Schwab Operations Specialist - Fund Clearing Services in Lone Tree, Colorado


Lone Tree - CO, DENR2, 9800 Schwab Way, 80124

Lance Alan Britton


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:

Charles Schwab has been a leader in financial services for over four decades, working to make investing more affordable, accessible and understandable to all. Driven by our purpose to champion every client’s goals with passion and integrity, we’re committed to providing an environment that respects and appreciates the diversity of our employees, our clients, and the communities we serve. Our goal, as seen through clients' eyes, is that Schwab continuously improves on being a premier financial service provider through best in class service, technology, products, people and advice.

Mutual Fund Clearing Services provides mutual fund trading, settlement, and related clearing services to a number of banks, brokerage firms and trust companies. It was created in March 1997 as a way to offer institutions the same robust mutual-fund processing capabilities available to Schwab clients on a direct basis. Our clearing offer allows clients to tap into the processing benefits of mutual fund omnibus processing and capture broader product offerings through our expansive fund offering, while leveraging an efficient “one to one” account operating interface.

What you’ll do:

The Clearing Fund Services team has both internal and external institutional customers. This team is responsible for all aspects of maintaining our security master which includes the following:

  • Updating the sub-accounting system with fund additions, fund maintenance, corporate actions

  • Keeping our systems in synch, including MS Excel and Access Database information

  • Communicating out to our clients with the most up to date product information

  • Fielding inquiries from internal and external institutional clients related to questions about our product offering

  • Complex research is often required, which depends on a deep understanding of our processes, and how they affect both internal and external clients

  • An ability to operate in a fast paced, tight timeline environment, as many of the inquiries received are related to trading that need to be resolved on the current trading day

  • Interface with various levels of seniority with our clients

Clearing Fund Services is looking for a customer focused Clearing Specialist who will be responsible for maintaining, establishing and reporting mutual fund security master information to Clearing Correspondents. The candidate is expected to be able to conduct intensive research and apply it to large research projects utilizing analytical and problem solving skills. This individual will also maintain the Clearing sub accounting system(s), process and reconcile corporate actions, trouble shoot issues for both external and internal clients, document operational procedures, participate in vendor system testing and support Correspondent conversions and de-conversions. This role reports to the Team Manager of Clearing.

What you have:

  • Possesses strong problem solving and analytical skills

  • Demonstrates flexibility and good judgment in dealing with multiple tasks and changing priorities in a very fast paced, accuracy and deadline driven environment

  • Has excellent verbal and written communication skills with internal and external customers

  • Is detail oriented and exhibits excellent organizational and time management skill

  • Has working knowledge of Microsoft applications; Word, Excel, and Access

  • Has 3+ years of Brokerage Operation experience (preferably in mutual funds)

  • Cultivates productive working relationships within the team, other departments as well as Correspondents

  • Exercises good judgment and decision making skills both independently and collaboratively with team members and peers

  • Series 7 licensed preferred upon hire. Candidate must be willing to obtain the license within 12 months as a condition of employment

What you’ll get:

  • Comprehensive Compensation and Benefits package

  • Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts

  • Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program

  • Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions

  • 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.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: FINRA Series 7

Relevant Work Experience: Trading-6+ yrs, Trading-2-5 yrs, Customer Service-2-5 yrs, Brokerage Operations-2-5 yrs, Financial Services-2-5 yrs

Position Located In: CO - Lone Tree

Education: BA/BS

Job Type: Full Time

Category:Brokerage Operations & Trading

Activation Date: Friday, July 7, 2017

Expiration Date: Monday, July 31, 2017

Apply Here