What are the responsibilities and job description for the Manager, High Net Worth Representative (Stock Plan Services) position at Charles Schwab?
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.
Stock Plan Services (SPS) is a flexible, growing and highly specialized business unit within Workplace Financial Solutions (WFS) organization which works with corporations and their employees regarding their equity compensation plans. As a Manager – High Net Worth Representative of the Executive Services Trading Team you will work directly with the Executives and Directors on the Board of Directors of SPS Corporate Clients, their Financial Advisors and Financial Consultants, as well as, the Corporate Clients’ legal teams and Stock Plan Administration contacts.
In this role you will interact with high profile clients and safeguard material non-public and inside information. You will assist the clients in executing transactions on their equity compensation awards and prepare filing of the SEC Rule 144 Form and preparation for filing of SEC Form 4’s. You will also partner with other organizations to facilitate execution of large block trades. You will also collaborate with peers to handle escalations, perform trade reviews with one goal in mind, helping clients achieve their financial goals.
What you have
To ensure that we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have.
Required Qualifications
- Bachelor’s degree or equivalent related work experience
- 3-5 years of financial service experience
- Active and valid FINRA Series 7 & 63 or 66 licenses
- Active and valid FINRA Series 9/10 licenses (may be obtained under a condition of employment). Candidates with currenlty active and valid licenses are strongly preferred.
- Brokerage and trading experience
- Prior experience processing large trades and a high amount of trades daily while maintaining strict attention to details to mitigate risk
- Strong organizational skills with the ability to prioritize tasks
- Ability to relate, empathize and quickly build rapport with clients
- Effective listening and probing skills to identify cues, understand needs and provide relevant solutions to clients
- Strong team orientation
- Effectively respond to client concerns with limited direct supervision
- Excellent interpersonal and communication skills, highly detail oriented and strong time management skills.
- Ability to build relationships with clients and facilitate transactions
Preferred Qualifications
- Basic knowledge of equity compensation
- Ability to handle trade dispute and client escalation items
- Demonstrate relevant experience on complex trading skills
- Coordinate with supervisory delegates across complex functional areas
- Ability to deliver training and coaching related to trading skills and high net worth client service
- Ability to educate clients on their individual equity award compensation plans
What’s in it for you
At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
