Trade Operations Specialist

4 weeks ago


Chicago, Illinois, United States Charles Schwab Full time
About the Role

We are seeking a highly skilled Trade Operations Specialist to join our team at Charles Schwab. As a key member of our operations team, you will be responsible for ensuring the smooth execution of trades, settlements, and corporate actions for our mutual fund and ETF products.

Key Responsibilities
  • Monitor and interpret new and updated corporate action announcements to ensure timely and accurate processing.
  • Communicate with portfolio managers to obtain their elections for voluntary corporate action events.
  • Perform cash and position reconciliation to ensure accuracy and completeness.
  • Verify trade confirmations, transmissions, and settlements to ensure compliance with regulatory requirements.
  • Identify, investigate, and resolve trade, cash, and position issues in a timely and efficient manner.
  • Communicate with external vendors and internal partners to ensure seamless operations.
  • Ensure data integrity and assist with system maintenance to support business growth.
  • Assist in the completion of operational projects and support management in their absence.
Requirements
  • Bachelor's degree required.
  • 2-3 years of corporate actions experience preferred.
  • Familiarity with IHS Markit IMActions corporate action processing system a plus.
  • Experience with separately managed accounts and/or 40 ACT funds a plus.
  • Ability to work under pressure and meet tight deadlines.
  • Familiarity with trading and settlement processes for equity, cash, or fixed income instruments.
  • Strong communication, teamwork, and relationship building skills.
  • Ability to identify and solve issues proactively and independently.
What We Offer

At Charles Schwab, we are committed to empowering our employees' personal and professional success. Our purpose-driven culture, focus on development, and competitive benefits package make us an attractive employer for those seeking a rewarding career in finance.

We offer a range of benefits, including a 401(k) with company match, paid time off, and tuition reimbursement. Our Hybrid Work and Flexibility approach balances our commitment to workplace flexibility with the need to serve our clients and collaborate with colleagues.

Join our team and discover a career that aligns with your values and goals.



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