Trading Operations Specialist

Job Description

Your Opportunity

Within Retirement Plan Services, the Plan Administration team is responsible for ensuring timely and accurate processing of plan and participant transactions for 1000+ plan sponsor clients and 1.4 million participants. The team is responsible for administering qualified defined contribution plans such as 401k plans, money purchase plans, profit sharing plans, defined benefit plans and non-qualified plans.

The Trading and Asset Maintenance Department of Schwab Retirement Plan Services (RPS) is responsible for the trading of retirement plan assets and the ongoing maintenance of investment options within those plans for our RPS clients. Along with accuracy and timeliness, execution of trade orders and successful management of plan assets, the department’s goal is to use technology and other RPS departments to find opportunities to improve the service provided to our clients. Also to automate processes, improve efficiencies and quality, while keeping a continuous focus on mitigating financial risk to the firm!

What you’re good at

The Trading Operations Specialist will work closely with other team members to complete daily activities to ensure the accurate importing of NAVs (prices) into the record keeping system. They will also execute mutual fund and equity trade orders through a variety of trading platforms. The Specialist will verify the completion of all requested transactions, resolve or call out trading, settlement and participant exchange issues, process plan rebalances, balance plan investment changes and various other responsibilities, as assigned.

What you have

• The ideal candidate has a bachelor’s degree, or minimum 3 – 6 year’s work experience, preferably in the accounting/finance field.
• Advanced level of Excel, Access or SQL; and, SRI/SRT recordkeeping system proficiency, a plus.
• Proficiency with Microsoft Office applications required.

You demonstrate these behaviors:

• Must have ability to work in a team environment
• Attention to detail is a must
• Good organization and ability to prioritize