Charles Schwab Alternative Investment Custody Services Specialist in Phoenix, Arizona

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:

Our goal in Alternative Investment Custody Services (AICS) is to provide industry-leading service to our clients while adhering to the strenuous risk and control measures inherent to the alternative investment business.

What you’ll do:

As an AICS Representative at Charles Schwab, you will pursue our mission and values through:

  • Executing timely and accurate alternative investment purchase requests received from clients and investment advisers

  • Maintaining and following-up on open order purchase log

  • Networking with personnel internally and externally to resolve issues, gaining needed information and influencing outcomes.

  • Delivering unparalleled value and outstanding service to our clients in order to build and maintain client loyalty.

Additional responsibilities could include:

  • Handling the cashiering and money movement duties, including processing wire transfers, check deposits, and cash journals

  • Confirming and reconciling Alternative Investments held in Schwab client accounts

  • Processing client account asset transfers to third party broker dealers, banks and trust companies

  • Coordinating with clients and investment sponsors on execution of voluntary and mandatory corporate actions

What you have:

  • 1 to 3 years of experience in the securities, brokerage or financial services industry

  • Familiarity with Alternative or Non-Standard Assets preferred

  • Passion for helping solve problems and overcome barriers

  • Excellent computer skills required. Advanced in Microsoft Excel preferred

  • Detailed oriented and conscientious

  • Good understanding of, and some prior experience in, risk management, such as escalating issues through proper channels

  • Research and problem resolution experience preferred

  • Demonstrated ability to build and sustain strong business relationships

  • Series 7/63 preferred

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" .

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: AZ - Phoenix