Charles Schwab Operational Due Diligence Analyst in Lone Tree, Colorado
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 https://www.aboutschwab.com/press/leadership/charles-schwab 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.
Charles Schwab Investment Advisory (CSIA) is a team of nearly 40 investment professionals focused on rigorous investment manager research. Based on parameters developed by Schwab, CSIA provides research and evaluates managers for the Schwab Managed Account Select® wrap fee program, creates the Schwab mutual fund lists and ETF Select List, and provides portfolio management services for both the Schwab Managed Portfolios™ wrap fee program and the Schwab Intelligent Portfolios™ robo-advisor program.
What you’ll do:
As an Operational Due Diligence Analyst in CSIA’s operational due diligence group, you will follow research processes and procedures in performing operational due diligence on investment managers (mutual funds, separately managed accounts, and ETFs)
Develop processes for ensuring investment manager documentation is up to date and complete
Enhance current processes and procedures to further develop operational report generation, quarterly reporting and ad hoc analysis
Create periodic operational due diligence reports on assigned investment managers
Present findings to appropriate oversight committees
Conduct ongoing daily monitoring of regulatory, industry and company news and filings
Help manage database for CSIA’s operational due diligence program
Responsible for sending out and evaluating an annual request for information (RFI) to current investment managers on Charles Schwab & Co. sponsored separately managed account platforms
With supervision, perform limited operational due diligence onsites on current and potential investment managers as needed for Charles Schwab & Co. sponsored separately managed account platforms
What you have:
Bachelor's degree required. Master's degree preferred
A minimum of 2-5 years of industry experience including due diligence on investment managers and/or significant experience with investment manager operations or internal audit
Ability to work independently in manager evaluation and to represent CSIA professionally in on-site manager meetings
The ideal candidate will have a strong interest/passion for our industry, creating plans to identify opportunities and overcome challenges
Works with compliance and legal to update policies and procedures, reporting templates and program monitoring as needed
Proven skills in data collection, management and reporting
Superior analytical skills, research capabilities and attention to detail
Superior communication skills, both written and verbal, as well as the ability to develop concise and effective communications tailored to specific audiences
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 http://www.aboutschwab.com/careers/lifeatschwab/" .
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: CO - Lone Tree