Charles Schwab Sr. Equity Trader 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 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 Management (CSIM), the asset management arm of Charles Schwab Corporation, has approximately $300 Billion in assets under management (AUM) and is one of the nation’s largest retail money managers. CSIM provides a wide variety of products ranging from money market funds, index mutual funds, actively managed mutual funds, exchange traded funds and multi-asset fund-of-funds. As a provider of core investment products, CSIM is both an important enabler in fulfilling Schwab’s mission of helping everyone be financially fit and critical engine in the company’s profitability and growth.
The CSIM Equity Trading team is focused on execution of all Domestic and International securities, as well as, equity futures and foreign exchange with the goal of Best Execution. This equity trader position will perform all of the stated functions on a daily basis in Denver, Co while also representing equity trading as the business continuity representative.
What you’ll do:
Executes securities, equity futures and FX purchases and sales for all CSIM Mutual Funds authorized by Portfolio Managers or the Head of Trading.
Provide in depth strategies to trade risk and agency portfolios
Anticipating index events, upcoming and closing corporate action events and develop trade ideas with portfolio managers
Develop and maintain relationships with securities dealers.
Use of diverse electronic trading strategies and broker/dealer strengths to accomplish execution goals.
Full understanding of Pre-Trade/Execution/Post-Trade lifecycle of CSIM executions.
Strong commitment to understanding Market Microstructure and how it effects execution at CSIM and the investment community in general.
Attend Conferences and Counterparty visits as a representative of the CSIM Equity Trading Desk.
What you have:
Bachelor’s degree required. A degree in a business related field is preferred
MBA or CFA desired but not required.
Ideal candidate will have a minimum 10+ years of experience working for an investment management or sell-side firm.
Concentration managing and trading for quantitative and index funds
Options and futures strategy and execution experience a plus
Significant sell side experience a plus
The Candidate should have a strong knowledge of the asset management industry.
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 http://www.aboutschwab.com/careers/lifeatschwab/%22 .
Position Located In: CO - Lone Tree, CO - Denver