Charles Schwab Managing Director - Product Strategy and Development in Chicago, Illinois


Chicago - IL, IL150SW, 150 S Wacker Dr, 60606-4111

Axle J Marcoline


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 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 Investment Management (CSIM) is the asset management arm of the Charles Schwab Corporation, and has over $320 billion under management in mutual funds and ETFs. Products managed include a wide variety of active and indexed equity, fixed income, and asset allocation strategies, as well as money markets funds. CSIM uses a consistent and disciplined approach to investing across all our products and seeks to develop innovative new products to meet the core investing needs of our clients.

What you’ll do:

The Managing Director of Strategy & Product Development will be a key member of the CSIM team. This individual will be engaged in driving business strategy for CSIM, developing product strategy across our product line-up and leading product development initiatives. This will be done through developing and maintaining a deep understanding of strategic issues at Schwab and across the Investment Management industry, broad product knowledge and familiarity with distribution trends. This will require close collaboration with multiple partner organizations within CSIM and across Schwab. This person will be responsible for helping drive business and product strategy across multiple business lines, while simultaneously driving multiple product initiatives, and will provide day-to-day leadership of projects from the brainstorming phase through implementation and execution.

To learn more about the culture at Schwab, click here to meet our people at .

What you have:

  • Bachelor’s degree required. MBA, CFA or other advanced business training highly preferred.

  • At least 10 years of proven experience in business strategy or product strategy, including investment management product development roles in the investment management industry.

  • Thorough knowledge of the investment management industry and major trends around products, managers and distributors.

A successful candidate will have the following skills and attributes:

  • Proven ability to develop and implement business and product strategy.

  • Passion for serving clients and for the investment management industry.

  • Natural ability to build relationships with partners in Schwab’s business units, across groups within CSIM, and with industry participants and consultants outside of Schwab.

  • Ability to synthesize large volumes of industry data into the limited number of strategic initiatives and product development opportunities most important to CSIM and Schwab.

  • Comfort with ambiguity in a dynamic and fast-moving work environment with the ability to focus on the critical elements of the work to provide clarity amongst the ambiguity.

  • Creative and persistent in identifying insights and trends that present opportunities or challenges for CSIM and Schwab.

  • Ability to develop concise and effective communications tailored to specific audiences including governance groups and senior leadership

  • Ability to work effectively on a variety of projects simultaneously.

  • Demonstrated ability to work effectively with numerous groups, both internal and external.

This is a summary only and duties and responsibilities may be changed from time to time, or over time

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: 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/affirmative action employer committed to diversifying its workforce. All applications are considered without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status (disabled veterans, recently separated veterans, active duty wartime or campaign badge veterans, Armed Forces service medal veterans), or based on any individual's status in any group or class protected by applicable federal, state or local law.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: None

Relevant Work Experience: Financial Services-6+ yrs, Investment Management - 6+ yrs, Product Development-6+ yrs

Position Located In: IL - Chicago

Education: BA/BS

Job Type: Full Time

Category:Investment Management & Research

Activation Date: Sunday, April 22, 2018

Expiration Date: Tuesday, July 10, 2018

Apply Here