Charles Schwab 2018 Schwab Intern Academy: Central Finance Profitability Analysis in San Francisco, California
San Francisco - CA, BRCAS2, 211 Main Street, 94105
Amy Elizabeth Munson
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 http://www.aboutschwab.com/about/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.
Work with a company that has been challenging the conventions of the financial services industry for over 40 years through an internship with Charles Schwab. Schwab’s mission is to help our clients create a better future for themselves, their families, and their communities. It is summed up in our tagline – Own your tomorrow – and it permeates everything we do.
Schwab Intern Academy is our centrally managed summer internship program that recruits juniors and rising seniors within a year of graduation. As an affirmative action employer, Schwab takes affirmative action to employ qualified minorities, women, individuals with disabilities, and protected veterans in our intern program. As a culture that values Diversity and Inclusion, Schwab encourages the application of Women, Minorities, Individuals with Disabilities and Protected Veterans.
The design of the program invites interns to engage directly in Schwab’s culture of service, while challenging them with a blend of learning programs, team-building activities, networking opportunities, and enriching work projects. Features of our 2018 program include:
Business Track Project : Work with a Schwab organization that provides a meaningful and valuable experience to translate classroom learning into real business projects.
Intern Cohort Project :Partner with other interns to brainstorm, discuss learning experiences, and present solutions.
Learning Activities :Participate in facilitated classroom training, team discussions and events, individual assessments and activities, senior leader meetings, and on-the-job training.
Feedback Loop : Receive regular feedback from your manager, participate in career-related discussions, and provide your own feedback.
Strengths Application: Learn about yourself and how to apply your unique strengths, abilities, and goals to the work you do as part of Schwab’s ‘strengths-based’ culture.
Networking: Gain support by interacting with professionals across Schwab, including senior leaders, peers, and Schwab Intern Academy Alumni.
We look for students with:
Optimism and curiosity, who are inspired by a keen sense of purpose, awareness, and knowledge
Adaptability and flexibility, who enjoy working through cross-functional partnerships and collaboration to achieve a common purpose
An innovative and questioning mindset, who constantly look for better ways to do things, have a passion for service, and aim to exceed client expectations
Because interns are considered a primary pipeline for full-time opportunities, every intern candidate must be eligible for full-time employment upon graduation and must also meet the following requirements:
Enrolled in a current undergraduate program tracking to a bachelor’s degree
Plan to graduate between December 2018 and May/June 2019
Can work full time and on-site at Schwab during the 9-week program (June 11 to August 10)
Have specific skills as needed by the hosting Business Track
Schwab is recognized as an industry leader, and our welcoming culture will embrace your individuality and partner you with other like-minded and solution-focused students. We will invest in your summer experience by providing you direction and leadership for a robust and well-rounded internship, as well as helping you focus on a potential future career with Schwab.
Please Note: The 2018 Schwab Intern Academy features multiple job opportunities. We encourage you to apply for all positions for which you are qualified and interested. Regardless of which opportunity you pursue, we will provide you with a consistent and unique experience – one you won’t soon forget!
Central Finance Profitability Analysis
The Profitability Analysis (PA) team manages Schwab’s company-wide cost allocation system which measures the profitability of our clients, business segments and products. Our data is used extensively across the firm supporting pricing, strategic planning, resource allocation, process efficiency and external reporting. PA operates in close partnership with the full Finance organization and Business stakeholders across all business lines to develop and manage complex costing models. We also provide coaching and expert advice to our users and business partners in order to drive meaningful improvements to Schwab’s decision-support and analytical capabilities.
What you’ll do:
An internship in PA represents an exciting opportunity to gain exposure to the firm's business lines and economic drivers while developing valuable skills in cost accounting, financial analysis and relationship building. You will work on “real life” projects with tangible benefits for Schwab. You will partner with PA professionals and Finance teams across the Company, developing a broad network of professional contacts, while acquiring a solid understanding of how Finance works at Schwab.
What you have:
Interest in Finance, Accounting or a related field
Strong intellectual curiosity and creativity, good judgment and desire to drive business outcomes
Interest in cost accounting and financial analysis
Familiarity with MS Office or comparable tools
Excellent communication and collaboration skills with an ability to network across organizational boundaries to gain information and resolve issues
Must be comfortable working in a fluid, rapidly changing business environment
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.
Charles Schwab & Co., Inc. will consider for employment qualified applicants with criminal histories consistent with San Francisco ordinance 17-14 and federal law and regulations applicable to Charles Schwab.
Relocation Offered?: No
Work Schedule: Days
Languages: English - spoken
Current Licenses / Certifications: None
Relevant Work Experience: No Work Experience
Position Located In: CO - Lone Tree, CA - San Francisco
Job Type: Full Time
Activation Date: Wednesday, September 6, 2017
Expiration Date: Wednesday, November 1, 2017