Senior Specialist - TRADER

Your opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

The Treasury Capital Markets Investments team manages fixed-income investments in several portfolios totaling over $200 billion in balance sheet assets primarily for the benefit of Charles Schwab Corporation, Charles Schwab & Co., Inc., Charles Schwab Bank, Charles Schwab Premier Bank, and Charles Schwab Trust Bank.

We are seeking a motivated and detail-oriented individual to join our trading and portfolio management team. This is an excellent entry point into the world of trading and investment management, providing hands-on exposure to broad range of asset classes and markets. The role is designed for candidates eager to build a strong foundation in trade operations, risk awareness and market mechanics, while working closely with experienced traders and portfolio managers.

As a member of the Treasury Capital Markets group, you will play a key role in supporting and executing trades in various fixed-income instruments while seeking to optimize portfolio returns within the corporate policy, risk, and regulatory framework. Sectors under management for this position include agency and private-label commercial mortgage-backed securities (CMBS) and asset-backed securities (ABS), municipal bonds, agency mortgage-backed securities (MBS) and collateralized-mortgage obligations (CMO). Contribution to portfolio strategies and other projects as assigned in support of department goals and objectives will be expected.  

Key responsibilities include:

What you have

• Series 7 will be required upon hire
• A knowledge of fixed income capital instruments and their risk characteristics
• Experience in trading, investing, and securities operations preferably in a trading desk environment
• Excellent quantitative and analytical skills
• Proficiency in Excel, PowerPoint, SQL, Python, Bloomberg and other investment software
• Excellent oral and written communication skills
• Strong interpersonal and management skill with the ability to build cross-organizational relationships
• Ability to negotiate trade executions

Four Critical Success Factors for the Role:

• Ability to multi-task and efficiently prioritize work while maintaining composure in a potentially stressful environment, with focus on accuracy
• Ability to work efficiently by meeting deadlines
• Ability to work effectively with internal and external counterparts
• Curiosity about markets and strong desire to learn.

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.