Charles Schwab Cost Basis Representative in Phoenix, Arizona


Phoenix - AZ, PHXPEAK, 2423 E Lincoln Dr, 85016-1215

Erika Jessica Pullem


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 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:

Cost Basis Operations (CBO) provides premium cost basis researching, updating and reporting services for all client segments, and as such works in close partnership with Advisor Services Client Reporting, Tax Reporting, Client Reporting Services, among others. CBO is the business owner for SPARKS (Schwab Portfolio Accounting and Record Keeping System) and is responsible for cost basis data quality.

What you’ll do:

Responsibilities of this position include researching, reconciling, analyzing and updating cost basis for both retail and institutional (advisors) clients. Research involves corporate actions, options related reconciliation, fixed income, and cost basis transfers.

What you have:

  • Bachelor's degree or equivalent experience in Accounting, Finance or Economics

  • 2+ years of experience working in financial services industry.

  • Highly motivated and possess excellent written and verbal communication skills.

  • Strong analytical skills, attention to detail, and a passion for service quality.

  • Expertise in cost basis reporting topics such as impact of return of capital transactions, corporate actions, amortization/ accretion, etc.

  • Knowledge of portfolio accounting systems.

  • Advanced MS Excel skills, ability to work with large data sets.

  • Working knowledge of cost basis reporting topics such as impact of return of capital transactions, corporate actions, amortization/ accretion, etc

  • Series 7 license preferred.

We have multiple open positions and can hire at an Associate, Specialist or Senior Specialist level depending on experience and licensures.

You demonstrate these behaviors:

  • Customer Orientation : Lets customers know he/she is willing to work with them to meet their needs.

  • Initiative: Identifies: what needs to be done and takes action before being asked or required to.

  • Thoroughness: Carefully reviews and checks the accuracy of information in work reports (e.g., production, sales, financial performance) provided by management, management information systems, or other individuals and groups.

  • Analytical Thinking: Notices discrepancies and inconsistencies in available information and resolves the situation

  • Innovation: Work cooperatively with others to produce innovative solutions

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: Sabbatical, 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: FINRA Series 63, FINRA Series 7

Relevant Work Experience: Trading-2-5 yrs, Brokerage Operations-2-5 yrs, Banking-less than 2 yrs, Brokerage Operations-less than 2yrs, Banking-2-5 yrs, Financial Services-6+ yrs, Trading-less than 2 yrs, Accounting and Finance-2-5 yrs, Accounting and Finance-6+ yrs, Financial Services-less than 2 yrs, Financial Services-2-5 yrs, Accounting and Finance-less than 2 yrs

Position Located In: AZ - Phoenix

Education: BA/BS

Job Type: Full Time

Category:Brokerage Operations & Trading

Activation Date: Thursday, June 15, 2017

Expiration Date: Saturday, July 1, 2017

Apply Here